Funding you earn now, next payment 06:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.008%
Price spread now: MEXC against Extended−0.110%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.110% cheaper against Extended than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended JP225-USD | 66,519 | 0.0048 | pay 0.0006% / 1h | 11m 20s | $6K | — | 25x |
| Short | MEXC JP225_USDT | 66,446 | 0 | get 0.0000% / 8h | 2h 11m | $403K | $163K | 50x |
Extended JP225-USD
MEXC JP225_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Extended. 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: −0.110% → 0.000%
- −$10.97
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$26.05
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; MEXC: live order book, 19 min ago. Net counts fees only.
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 Extended no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 19 min ago | 4.91 bp | 154.3 bp −$154 | 300.7 bp −$3,007 | 493.7 bp −$49.4K | doesn't fit |
Extended: 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.
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 | 66,434 | −0.128% | $47K | $69K | 10x | as long as short |
| MEXC JP225_USDTshort | 0.0000% | 8h | 66,446 | −0.110% | $403K | $163K | 50x | |
| Bitget JP225USDT | 0.0000% | 8h | 66,466 | −0.080% | $365K | $193K | 20x | as long as short |
| Extended JP225-USDlong | +0.0048% | 1h | 66,519 | long leg | $6K | — | 25x | |
| Popdex JP225USDT | +0.0048% | 1h | 66,515 | −0.006% | $213 | $113K | 20x | as long as short |
| tradeXYZ xyz:JP225 | +0.0050% | 1h | 66,514 | −0.008% | $3.3M | $2.1M | 20x | as long as short |
| HTX JP225-USDT | +0.0050% | 1h | 66,351.4 | −0.252% | $358 | $433K | 20x | as long as short |
OKX JP225-USDT-SWAP
Bitget JP225USDT
Popdex JP225USDT
tradeXYZ xyz:JP225
HTX JP225-USDT