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

JP225

RWAall JP225 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: HTX against Bitget+0.118%7-day average +0.040% · 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 7 days+0.105%+$10 on $10k
Price spread, last 4 days (all we have)+0.095%+$10 · spread now +0.118%, 7d avg +0.040%
Together, before fees+0.200%+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.078% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget JP225USDT66,6210get 0.0000% / 8h4h 20m$371K$191K20x
ShortHTX JP225-USDT66,699.90.0050get 0.0006% / 1h20m 14s$700$432K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$10.5
Price spread: +0.118% → +0.040%
$7.8
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$5.7
Costs to cover
0.240%
Break-even
10.8 days
Slippage unknown: Bitget: live order book, 30 min ago; HTX: live order book, 38 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 Bitget live order book, 30 min ago3.01 bp10.0 bp −$1013.4 bp −$134doesn't fitdoesn't fit
Sell HTX live order book, 38 min ago19.24 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

JP225 on 7 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
OKX JP225-USDT-SWAP0.0000%8h66,686+0.098%$52K$62K10xas long as short
MEXC JP225_USDT0.0000%8h66,584−0.056%$404K$147K50xas long as short
Bitget JP225USDTlong0.0000%8h66,621long leg$371K$191K20x
Extended JP225-USD+0.0048%1h66,661+0.060%$6K25xas long as short
Popdex JP225USDT+0.0048%1h66,691+0.105%$260$116K20xas long as short
tradeXYZ xyz:JP225+0.0050%1h66,661+0.060%$3.5M$1.8M20xas long as short
HTX JP225-USDTshort+0.0050%1h66,699.9+0.118%$700$432K20x