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: Gate against HTX−0.255%7-day average −0.098% · 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−0.210%−$21 on $10k
Price spread, last 4 days (all we have)+0.378%+$38 · spread now −0.255%, 7d avg −0.098%
Together, before fees+0.168%+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.157% cheaper against HTX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.098%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX JNJ-USDT270.340.0100pay 0.0100% / 8h4h 29m$4K$371K10x
ShortGate JNJ_USDT269.650get 0.0000% / 8h4h 29m$222K$11K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against HTX. 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: −0.255% → −0.098%
−$15.7
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$63.7
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 28 min ago; Gate: live order book, 21 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 HTX live order book, 28 min ago42.78 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 21 min ago29.67 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%8h270.03−0.115%$149K$55K25xas long as short
OKX JNJ-USDT-SWAP0.0000%8h270.05−0.107%$115K$39K10xas long as short
Gate JNJ_USDTshort0.0000%8h269.65−0.255%$222K$11K20x
HTX JNJ-USDTlong+0.0100%8h270.34long leg$4K$371K10x