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

JNJ

all JNJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate−0.156%7-day average +0.140% · 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 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)+0.394%+$39 · spread now −0.156%, 7d avg +0.140%
Together, before fees+0.401%+$40 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.296% cheaper against Gate than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of +0.140%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate JNJ_USDT269.850get 0.0000% / 8h6h 48m$222K$11K20x
ShortOKX JNJ-USDT-SWAP269.430get 0.0000% / 8h6h 48m$114K$41K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0
Price spread: −0.156% → +0.140%
−$29.58
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$54.58
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 13 min ago; OKX: live order book, 16 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, 13 min ago23.53 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 16 min ago8.34 bp92.0 bp −$92doesn'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%8h270.00+0.056%$148K$56K25xas long as short
OKX JNJ-USDT-SWAPshort0.0000%8h269.43−0.156%$114K$41K10x
Gate JNJ_USDTlong0.0000%8h269.85long leg$222K$11K20x
HTX JNJ-USDT+0.0100%8h270.52+0.248%$4K$371K10xas long as short