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

JP225

RWAall JP225 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Bitget against HTX−0.078%7-day average −0.042% · you buy dearer than you sell
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)+0.035%+$4 · spread now −0.078%, 7d avg −0.042%
Together, before fees−0.070%−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.036% cheaper against HTX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX JP225-USDT66,430.70.0050pay 0.0006% / 1h35m 23s$671$433K20x
ShortBitget JP225USDT66,3790get 0.0000% / 8h1h 35m$365K$193K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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: −0.078% → −0.042%
−$3.62
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$38.12
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 8 min ago; Bitget: live order book, 65 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 HTX live order book, 8 min ago38.33 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 65 min ago3.54 bp11.6 bp −$1215.2 bp −$152doesn'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%8h66,395−0.054%$47K$69K10xas long as short
MEXC JP225_USDT0.0000%8h66,375−0.084%$401K$163K50xas long as short
Bitget JP225USDTshort0.0000%8h66,379−0.078%$365K$193K20x
Extended JP225-USD+0.0048%1h66,357−0.111%$6K25xas long as short
Popdex JP225USDT+0.0048%1h66,370−0.091%$723$114K20xas long as short
tradeXYZ xyz:JP225+0.0050%1h66,362−0.103%$3.3M$2.2M20xas long as short
HTX JP225-USDTlong+0.0050%1h66,430.7long leg$671$433K20x