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 Gate+0.308%7-day average +0.110% · 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+0.210%+$21 on $10k
Price spread, last 4 days (all we have)−0.288%−$29 · spread now +0.308%, 7d avg +0.110%
Together, before fees−0.078%−$8 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 0.198% dearer against Gate than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.110%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate JNJ_USDT269.730get 0.0000% / 8h1h 06m$222K$10K20x
ShortHTX JNJ-USDT270.560.0100get 0.0100% / 8h1h 06m$5K$368K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Gate. 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: +0.308% → +0.110%
$19.79
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
$13.79
Costs to cover
0.270%
Break-even
2.4 days
Slippage unknown: Gate: live order book, 30 min ago; HTX: live order book, 36 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 Gate live order book, 30 min ago15.78 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 36 min ago21.07 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 JNJUSDT0.0000%8h269.87+0.052%$150K$54K25xas long as short
OKX JNJ-USDT-SWAP0.0000%8h269.86+0.048%$115K$39K10xas long as short
Gate JNJ_USDTlong0.0000%8h269.73long leg$222K$10K20x
HTX JNJ-USDTshort+0.0100%8h270.56+0.308%$5K$368K10x