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: Bitget against MEXC−0.085%7-day average +0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2592.585% 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)+0.133%+$13 · spread now −0.085%, 7d avg +0.099%
Together, before fees+0.133%+$13 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: Bitget is 0.184% cheaper against MEXC than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC JP225_USDT66,7050get 0.0000% / 8h5h 00m$408K$147K50x
ShortBitget JP225USDT66,6480get 0.0000% / 8h5h 00m$366K$188K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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: −0.085% → +0.099%
−$18.4
Slippage, 4 orders
−$246.53
Fee MEXC: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$276.93
Costs to cover
2.585%
Break-even
never at this rate
Slippage from MEXC: live order book, 45 min ago; Bitget: live order book, 55 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 MEXC live order book, 45 min ago4.87 bp107.7 bp −$108285.5 bp −$2,855518.4 bp −$51.8Kdoesn't fit
Sell Bitget live order book, 55 min ago1.72 bp9.4 bp −$912.8 bp −$128doesn'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%8h66,686−0.028%$52K$66K10xas long as short
MEXC JP225_USDTlong0.0000%8h66,705long leg$408K$147K50x
Bitget JP225USDTshort0.0000%8h66,648−0.085%$366K$188K20x
Extended JP225-USD+0.0048%1h66,646−0.088%$6K25xas long as short
Popdex JP225USDT+0.0048%1h66,657−0.072%$287$116K20xas long as short
tradeXYZ xyz:JP225+0.0050%1h66,646−0.088%$3.6M$1.8M20xas long as short
HTX JP225-USDT+0.0050%1h66,747.3+0.063%$434$433K20xas long as short