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

JD

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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 0.000%
Price spread now: Bybit against Bitget+0.110%7-day average +0.265% · you sell dearer than you buy
Net, funding: paid 7d − costs−$360as in the Funding arb table
Net, price: spread back to 7d avg − costs−$375as in the Price arb table
costs, in and out, $10k−$3603.599% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.204%+$20 · spread now +0.110%, 7d avg +0.265%
Together, before fees+0.204%+$20 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: Bybit is 0.155% cheaper against Bitget than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.265%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget JDUSDT27.3000get 0.0000% / 8h2h 36m$606K$67K20x
ShortBybit JDUSDT27.3300get 0.0000% / 8h2h 36m$123K$90K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: +0.110% → +0.265%
−$15.52
Slippage, 4 orders
−$336.89
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$375.41
Costs to cover
3.599%
Break-even
never at this rate
Slippage from Bitget: live order book, 48 min ago; Bybit: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 48 min ago12.84 bp20.9 bp −$2142.7 bp −$427doesn't fitdoesn't fit
Sell Bybit live order book, 46 min ago7.33 bp160.6 bp −$161doesn't fitdoesn't fitdoesn't fit

JD on 5 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 JDUSDTshort0.0000%8h27.330+0.110%$123K$90K25x
Gate JD_USDT0.0000%8h27.327+0.099%$25K$54120xas long as short
Bitget JDUSDTlong0.0000%8h27.300long leg$606K$67K20x
HTX JD-USDT0.0000%8h27.263−0.136%$5K$389K20xas long as short
Injective JD/USDC PERP+0.0033%1h27.070−0.842%$4$26K12xas long as short