Funding arb · Price arb /

JST

all JST markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.017%

Price spread now: HTX against Bybit+0.170%7-day average −0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$232as in the Funding arb table

Net, price: spread back to 7d avg − costs−$238as in the Price arb table

costs, in and out, $10k−$2572.573% of the position

Long on Bybit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.256%+$26 on $10k

Price spread, last 4 days (all we have)−0.186%−$19 · spread now +0.170%, 7d avg −0.023%

Together, before fees+0.070%+$7 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: HTX is 0.192% dearer against Bybit than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit JSTUSDT	0.1166	0.0100	pay 0.0100% / 8h	3h 24m	$1.9M	$1.3M	75x
Short	HTX JST-USDT	0.1168	0.0100	get 0.0050% / 4h	3h 24m	$1.0M	$50K	75x

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

Position, each leg$Hold fordaysFee BybitbpFee HTXbpOrdersPrice spread, now +0.170%Rate

Funding earned: $0
Price spread: +0.170% → −0.023%: $19.23
Slippage, 4 orders: −$234.33
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee HTX: 6 bp × 2 orders: −$12
Net: −$238.1
Costs to cover: 2.573%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; HTX: live order book, 2 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 Bybit live order book, 5 min ago	4.29 bp	90.4 bp −$90	264.6 bp −$2,646	doesn't fit	doesn't fit
Sell HTX live order book, 2 min ago	11.70 bp	17.7 bp −$18	doesn't fit	doesn't fit	doesn't fit

JST on 9 exchanges

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
BingX JST-USDT	+0.0070%	4h	0.1167	+0.111%	—	$2.4M	—	as long as short
Binance JSTUSDT	+0.0100%	4h	0.1168	+0.138%	$7.0M	$7.8M	75x	as long as short
Bybit JSTUSDTlong	+0.0100%	8h	0.1166	long leg	$1.9M	$1.3M	75x
Gate JST_USDT	+0.0100%	4h	0.1168	+0.129%	$166K	$72K	25x	as long as short
MEXC JST_USDT	+0.0100%	4h	0.1168	+0.129%	$2.1M	$562K	50x	as long as short
Bitget JSTUSDT	+0.0100%	4h	0.1168	+0.129%	$2.0M	$622K	75x	as long as short
Variational Omni JST	+0.0100%	8h	0.1165	−0.043%	$12K	$74K	—	as long as short
SunX JST-USDT	+0.0100%	4h	0.1166	+0.001%	$444K	$1.2M	20x	as long as short
HTX JST-USDTshort	+0.0100%	4h	0.1168	+0.170%	$1.0M	$50K	75x