Settings8H · net · $10k
Funding arb · Price arb /

POPMART

RWAall POPMART markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h
Price spread now: Lighter against OKX−0.366%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.366% cheaper against OKX than usual: you would sell low and buy high (spread −0.366% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$37 on $10k: about 57 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX POPMART-USDT-SWAP19.6500.0011pay 0.0011% / 8h1h 18m$272K$103K20x
ShortLighter POPMART19.5780.0032get 0.0004% / 1h18m 41s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$4.47
Price spread: −0.366% → 0.000%
−$36.64
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$42.17
Costs to cover
0.100%
Break-even
73.1 days
Slippage unknown: OKX: live order book, 22 min ago; Lighter: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 22 min ago5.09 bp40.3 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell Lighter no order-book sample
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

POPMART on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POPMARTUSDT0.0000%8h19.640−0.051%$57K$3K25xas long as short
Gate POPMART_USDT0.0000%8h19.701+0.260%$292K$11K20xas long as short
Bitget POPMARTUSDT0.0000%8h19.651+0.005%$476K$90K20xas long as short
HTX POPMART-USDT0.0000%4h19.800+0.763%$7K$5K10xas long as short
OKX POPMART-USDT-SWAPlong+0.0011%8h19.650long leg$272K$103K20x
Lighter POPMARTshort+0.0032%1h19.578−0.366%10x
KuCoin POPMARTUSDTM+0.0100%4h19.6500.000%$30K$31K20xas long as short
Binance POPMARTUSDT+0.0109%4h19.660+0.051%$1.4M$440K25xas long as short
Aster POPMARTUSDT+0.0194%8h19.624−0.134%$16K$4K20xas long as short
edgeX POPMARTUSDC+0.0743%4h19.662+0.059%$199K$234K10xas long as short