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

JP225

RWAall JP225 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: HTX against MEXC+0.063%7-day average +0.144% · 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 4 days (all we have)+0.087%+$9 · spread now +0.063%, 7d avg +0.144%
Together, before fees+0.192%+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.080% cheaper against MEXC than usual: you would sell low and buy high (spread +0.063% now, against its 7-day average of +0.144%). If the spread goes back, that is −$8 on $10k: about 5.4 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC JP225_USDT66,7050get 0.0000% / 8h5h 00m$408K$147K50x
ShortHTX JP225-USDT66,747.30.0050get 0.0006% / 1h0m 33s$434$433K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$10.5
Price spread: +0.063% → +0.144%
−$8.03
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$9.53
Costs to cover
0.120%
Break-even
13.4 days
Slippage unknown: MEXC: live order book, 45 min ago; HTX: live order book, 63 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 MEXC live order book, 45 min ago4.87 bp107.7 bp −$108285.5 bp −$2,855518.4 bp −$51.8Kdoesn't fit
Sell HTX live order book, 63 min ago78.79 bpdoesn't fitdoesn't fitdoesn'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 JP225USDT0.0000%8h66,648−0.085%$366K$188K20xas long as short
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-USDTshort+0.0050%1h66,747.3+0.063%$434$433K20x