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

JP225

RWAall JP225 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: OKX against HTX+0.218%7-day average · 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 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. OKX is 0.218% dearer against HTX than usual: you sell high and buy low (spread +0.218% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 15 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX JP225-USDT66,369.10.0050pay 0.0006% / 1h11m 30s$358$433K20x
ShortOKX JP225-USDT-SWAP66,5140get 0.0000% / 8h2h 11m$47K$69K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.218% → 0.000%
$21.84
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$10.66
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 37 min ago; OKX: no order-book sample. 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, 37 min ago21.28 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell OKX no order-book sample
OKX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX JP225-USDT-SWAPshort0.0000%8h66,514+0.218%$47K$69K10x
MEXC JP225_USDT0.0000%8h66,446+0.116%$403K$163K50xas long as short
Bitget JP225USDT0.0000%8h66,381+0.018%$365K$193K20xas long as short
Extended JP225-USD+0.0048%1h66,529+0.241%$6K25xas long as short
Popdex JP225USDT+0.0048%1h66,515+0.220%$213$113K20xas long as short
tradeXYZ xyz:JP225+0.0050%1h66,514+0.218%$3.3M$2.1M20xas long as short
HTX JP225-USDTlong+0.0050%1h66,369.1long leg$358$433K20x