Funding you earn now, next payment 05:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.014%
Price spread now: Popdex against Bitget+0.039%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 4 days (all we have)+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.039%, 7d avg +0.052%
=The price spread sits at its 7-day average of +0.052%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget JP225USDT | 66,467 | 0 | get 0.0000% / 8h | 3h 29m | $370K | $191K | 20x |
| Short | Popdex JP225USDT | 66,493 | 0.0048 | get 0.0006% / 1h | 29m 57s | $233 | $116K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.08
- Price spread: +0.039% → +0.052%
- −$1.25
- Slippage, 4 orders
- −$22.75
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$32.32
- Costs to cover
- 0.412%
- Break-even
- 29.4 days
Slippage from Bitget: live order book, 15 min ago; Popdex: live order book, 24 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 15 min ago | 3.68 bp | 13.1 bp −$13 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 24 min ago | 2.93 bp | 7.7 bp −$8 | 22.4 bp −$224 | doesn't fit | doesn't fit |
JP225 on 7 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX JP225-USDT-SWAP | 0.0000% | 8h | 66,582 | +0.173% | $48K | $67K | 10x | as long as short |
| MEXC JP225_USDT | 0.0000% | 8h | 66,522 | +0.083% | $405K | $156K | 50x | as long as short |
| Bitget JP225USDTlong | 0.0000% | 8h | 66,467 | long leg | $370K | $191K | 20x | |
| Extended JP225-USD | +0.0048% | 1h | 66,483 | +0.024% | $6K | — | 25x | as long as short |
| Popdex JP225USDTshort | +0.0048% | 1h | 66,493 | +0.039% | $233 | $116K | 20x | |
| tradeXYZ xyz:JP225 | +0.0050% | 1h | 66,490 | +0.035% | $3.4M | $2.0M | 20x | as long as short |
| HTX JP225-USDT | +0.0050% | 1h | 66,456.3 | −0.016% | $532 | $434K | 20x | as long as short |
Bitget JP225USDT
Popdex JP225USDT
OKX JP225-USDT-SWAP
MEXC JP225_USDT
Extended JP225-USD
tradeXYZ xyz:JP225
HTX JP225-USDT