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

JD

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−0.073%7-day average −0.259% · you buy dearer than you sell
Net, funding: paid 7d − costs−$355as in the Funding arb table
Net, price: spread back to 7d avg − costs−$337as in the Price arb table
costs, in and out, $10k−$3553.555% 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)−0.259%−$26 · spread now −0.073%, 7d avg −0.259%
Together, before fees−0.259%−$26 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: Bitget is 0.186% dearer against Bybit than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.259%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit JDUSDT27.2700get 0.0000% / 8h7h 22m$114K$207K25x
ShortBitget JDUSDT27.2500get 0.0000% / 8h7h 22m$625K$87K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
$0
Price spread: −0.073% → −0.259%
$18.58
Slippage, 4 orders
−$332.47
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$336.89
Costs to cover
3.555%
Break-even
never at this rate
Slippage from Bybit: live order book, 58 min ago; Bitget: live order book, 8 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 Bybit live order book, 58 min ago5.50 bp173.6 bp −$174doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 8 min ago5.51 bp19.8 bp −$2089.8 bp −$898doesn'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 JDUSDTlong0.0000%8h27.270long leg$114K$207K25x
Gate JD_USDT0.0000%8h27.276+0.022%$26K$4K20xas long as short
Bitget JDUSDTshort0.0000%8h27.250−0.073%$625K$87K20x
HTX JD-USDT0.0000%8h27.250−0.073%$5K$387K20xas long as short
Injective JD/USDC PERP+0.0033%1h27.070−0.733%$4$26K12xas long as short