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

JP225

RWAall JP225 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget0.000%7-day average −0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$312as in the Funding arb table
Net, price: spread back to 7d avg − costs−$302as in the Price arb table
costs, in and out, $10k−$3123.120% 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)−0.021%−$2 · spread now 0.000%, 7d avg −0.096%
Together, before fees−0.021%−$2 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: MEXC is 0.096% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.096%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget JP225USDT66,3780get 0.0000% / 8h22m 39s$365K$193K20x
ShortMEXC JP225_USDT66,3780get 0.0000% / 8h22m 39s$403K$165K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: 0.000% → −0.096%
$9.64
Slippage, 4 orders
−$300.04
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$302.4
Costs to cover
3.120%
Break-even
never at this rate
Slippage from Bitget: live order book, 8 min ago; MEXC: live order book, 63 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, 8 min ago1.13 bp9.4 bp −$912.5 bp −$125doesn't fitdoesn't fit
Sell MEXC live order book, 63 min ago3.69 bp162.1 bp −$162305.3 bp −$3,053564.5 bp −$56.4Kdoesn'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
Extended JP225-USD−0.0008%1h66,426+0.072%$6K25xas long as short
tradeXYZ xyz:JP225−0.0008%1h66,427+0.074%$3.5M$2.2M20xas long as short
OKX JP225-USDT-SWAP0.0000%8h66,363−0.023%$47K$67K10xas long as short
MEXC JP225_USDTshort0.0000%8h66,3780.000%$403K$165K50x
Bitget JP225USDTlong0.0000%8h66,378long leg$365K$193K20x
Popdex JP225USDT+0.0048%1h66,411+0.050%$691$112K20xas long as short
HTX JP225-USDT+0.0050%1h66,412+0.051%$498$435K20xas long as short