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

JD

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.010%
Price spread now: Bitget against Injective+0.997%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Bitget is 0.997% dearer against Injective than usual: you sell high and buy low (spread +0.997% now, against zero (this spread has no 7-day history yet)): +$100 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective JD/USDC PERP27.0700.0033pay 0.0004% / 1h10m 59s$4$26K12x
ShortBitget JDUSDT27.3400get 0.0000% / 8h3h 10m$600K$81K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Injective. 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
−$7
Price spread: +0.997% → 0.000%
$99.74
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bitget: 6 bp × 2 orders
−$12
Net
$80.72
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 39 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 Injective no order-book sample
Sell Bitget live order book, 39 min ago5.50 bp22.4 bp −$2263.4 bp −$634doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 JDUSDT0.0000%8h27.360+1.071%$114K$209K25xas long as short
Gate JD_USDT0.0000%8h27.403+1.230%$27K$2K20xas long as short
Bitget JDUSDTshort0.0000%8h27.340+0.997%$600K$81K20x
HTX JD-USDT0.0000%8h27.330+0.960%$5K$384K20xas long as short
Injective JD/USDC PERPlong+0.0033%1h27.070long leg$4$26K12x