Funding arb · Price arb /

JASMY

all JASMY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0432%/8h= −47.3% APRpaid last 24h −0.074%

Price spread now: Bitget against Kraken Futures−0.090%7-day average −0.080% · you buy dearer than you sell

Net, funding: paid 7d − costs−$151as in the Funding arb table

Net, price: spread back to 7d avg − costs−$186as in the Price arb table

costs, in and out, $10k−$1851.849% of the position

Long on Kraken Futures Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.339%+$34 on $10k

Price spread, last 3 days (all we have)−0.073%−$7 · spread now −0.090%, 7d avg −0.080%

Together, before fees+0.266%+$27 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.080%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.339%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_JASMYUSD	0.004342	0.0532	pay 0.0067% / 1h	29m 18s	$247K	$228K	20x
Short	Bitget JASMYUSDT	0.004338	0.0100	get 0.0100% / 8h	2h 29m	$1.7M	$576K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Kraken Futures. 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee BitgetbpOrdersPrice spread, now −0.090%Rate

Funding earned: −$90.75
Price spread: −0.090% → −0.080%: −$0.97
Slippage, 4 orders: −$162.85
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$276.58
Costs to cover: 1.849%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 58 min ago; Bitget: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures live order book, 58 min ago	17.16 bp	85.2 bp −$85	173.3 bp −$1,733	41029.7 bp −$4.10M	doesn't fit
Sell Bitget live order book, 3 min ago	3.46 bp	19.4 bp −$19	75.0 bp −$750	doesn't fit	doesn't fit

JASMY on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International JASMY-PERP-INTX	−0.0488%	1h	0.004322	−0.459%	$17K	$15K	25x	as long as short
KuCoin JASMYUSDTM	−0.0072%	8h	0.004342	+0.002%	$3.4M	$2.4M	50x	as long as short
Aster JASMYUSDT	+0.0100%	8h	0.004341	−0.016%	$7K	$16K	5x	as long as short
Binance JASMYUSDT	+0.0100%	8h	0.004342	+0.002%	$3.4M	$5.3M	75x	as long as short
Bybit JASMYUSDT	+0.0100%	8h	0.004341	−0.021%	$3.9M	$2.3M	75x	as long as short
Gate JASMY_USDT	+0.0100%	8h	0.004340	−0.044%	$387K	$188K	75x	as long as short
MEXC JASMY_USDT	+0.0100%	8h	0.004343	+0.025%	$10.0M	$2.9M	200x	as long as short
Bitget JASMYUSDTshort	+0.0100%	8h	0.004338	−0.090%	$1.7M	$576K	50x
BingX JASMY-USDT	+0.0100%	8h	0.004340	−0.044%	—	$4.7M	—	as long as short
Variational Omni JASMY	+0.0100%	8h	0.004341	−0.014%	$133K	$16K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended JASMY-USD	+0.0104%	1h	0.004341	−0.019%	$31K	$169K	10x	as long as short
BloFin JASMY-USDT	+0.0220%	8h	0.004340	−0.044%	$227K	$196K	75x	as long as short
Kraken Futures PF_JASMYUSDlong	+0.0532%	1h	0.004342	long leg	$247K	$228K	20x
Deribit JASMY_USDC-PERPETUAL	+0.0671%	1h	0.004348	+0.140%	—	—	10x	as long as short