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

JNJ

all JNJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Bybit+0.304%7-day average +0.055% · you sell dearer than you buy
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 days+0.241%+$24 on $10k
Price spread, last 4 days (all we have)−0.368%−$37 · spread now +0.304%, 7d avg +0.055%
Together, before fees−0.127%−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.249% dearer against Bybit than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit JNJUSDT270.100get 0.0000% / 8h1h 57m$150K$55K25x
ShortHTX JNJ-USDT270.920.0100get 0.0100% / 8h1h 57m$5K$370K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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
$21
Price spread: +0.304% → +0.055%
$24.88
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
$22.88
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: Bybit: live order book, 32 min ago; HTX: live order book, 50 min ago. 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 Bybit live order book, 32 min ago0.56 bp108.1 bp −$108doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 50 min ago21.25 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

JNJ on 4 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 JNJUSDTlong0.0000%8h270.10long leg$150K$55K25x
OKX JNJ-USDT-SWAP0.0000%8h269.86−0.089%$115K$39K10xas long as short
Gate JNJ_USDT0.0000%8h269.73−0.137%$222K$10K20xas long as short
HTX JNJ-USDTshort+0.0100%8h270.92+0.304%$5K$370K10x