Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.009%
Price spread now: tradeXYZ against MEXC+0.006%7-day average +0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2352.353% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.006%, 7d avg +0.162%
=Together, before fees+0.063%+ Points / potential airdroptradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.156% cheaper against MEXC than usual: you would sell low and buy high (spread +0.006% now, against its 7-day average of +0.162%). If the spread goes back, that is −$16 on $10k: about 10 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC JP225_USDT | 66,800 | 0 | get 0.0000% / 8h | 5h 50m | $408K | $144K | 50x |
| Short | tradeXYZ xyz:JP225 | 66,804 | 0.0050 | get 0.0006% / 1h | 50m 37s | $3.6M | $1.7M | 20x |
MEXC JP225_USDT
tradeXYZ xyz:JP225Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against MEXC. 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
- $10.5
- Price spread: +0.006% → +0.162%
- −$15.61
- Slippage, 4 orders
- −$217.3
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$240.41
- Costs to cover
- 2.353%
- Break-even
- 167.3 days
Slippage from MEXC: live order book, 60 min ago; tradeXYZ: live order book, 8 min ago.
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 MEXC live order book, 60 min ago | 4.40 bp | 108.0 bp −$108 | 275.5 bp −$2,755 | 554.3 bp −$55.4K | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 1.87 bp | 11.8 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
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 | 66,794 | −0.009% | $52K | $66K | 10x | as long as short |
| MEXC JP225_USDTlong | 0.0000% | 8h | 66,800 | long leg | $408K | $144K | 50x | |
| Bitget JP225USDT | 0.0000% | 8h | 66,813 | +0.019% | $367K | $189K | 20x | as long as short |
| Extended JP225-USD | +0.0048% | 1h | 66,796 | −0.006% | $6K | — | 25x | as long as short |
| Popdex JP225USDT | +0.0048% | 1h | 66,814 | +0.021% | $267 | $116K | 20x | as long as short |
| tradeXYZ xyz:JP225short | +0.0050% | 1h | 66,804 | +0.006% | $3.6M | $1.7M | 20x | |
| HTX JP225-USDT | +0.0050% | 1h | 66,866.3 | +0.099% | $441 | $432K | 20x | as long as short |
OKX JP225-USDT-SWAP
Bitget JP225USDT
Extended JP225-USD
Popdex JP225USDT
HTX JP225-USDT