Funding arb · Price arb /

JST

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.034%

Price spread now: Binance against HTX+0.041%53s7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$640.638% of the position

Long on HTX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 3 days (all we have)+0.073%+$7 · spread now +0.041%, 7d avg +0.062%

Together, before fees+0.102%+$10 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: Binance is 0.020% cheaper against HTX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.062%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX JST-USDT	0.1122	0.0100	pay 0.0050% / 4h	1h 40m	$974K	$62K	75x
Short	Binance JSTUSDT	0.1122	0.0100	get 0.0050% / 4h	1h 40m	$6.2M	$9.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee HTXbpFee BinancebpOrdersPrice spread, now +0.041%Rate

Funding earned: $0
Price spread: +0.041% → +0.062%: −$2.05
Slippage, 4 orders: −$41.83
Fee HTX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$65.88
Costs to cover: 0.638%
Break-even: never at this rate

Slippage from HTX: live order book, 43 min ago; Binance: live order book, 14 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 HTX live order book, 43 min ago	3.74 bp	21.6 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	0.44 bp	15.6 bp −$16	55.9 bp −$559	319.4 bp −$31.9K	doesn't fit

JST on 9 venues

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
SunX JST-USDT	−0.0326%	4h	0.1121	−0.076%	$427K	$1.4M	20x	as long as short
BingX JST-USDT	+0.0024%	4h	0.1123	+0.052%	—	$2.3M	—	as long as short
Bybit JSTUSDT	+0.0035%	8h	0.1122	−0.003%	$1.8M	$1.3M	75x	as long as short
Binance JSTUSDTshort	+0.0100%	4h	0.1122	+0.041%	$6.2M	$9.2M	75x
Gate JST_USDT	+0.0100%	4h	0.1124	+0.185%	$171K	$71K	25x	as long as short
MEXC JST_USDT	+0.0100%	4h	0.1122	+0.043%	$870K	$292K	50x	as long as short
Bitget JSTUSDT	+0.0100%	4h	0.1122	+0.034%	$2.0M	$543K	75x	as long as short
Variational Omni JST	+0.0100%	8h	0.1122	−0.027%	$50K	$77K	—	as long as short
HTX JST-USDTlong	+0.0100%	4h	0.1122	long leg	$974K	$62K	75x