Funding you earn now, next payment 06:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.014%
Price spread now: Popdex against OKX+0.122%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Popdex is 0.122% dearer against OKX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX JP225-USDT-SWAP | 66,434 | 0 | get 0.0000% / 8h | 2h 11m | $47K | $69K | 10x |
| Short | Popdex JP225USDT | 66,515 | 0.0048 | get 0.0006% / 1h | 11m 17s | $213 | $113K | 20x |
OKX JP225-USDT-SWAP
Popdex JP225USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against OKX. 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
- $10.08
- Price spread: +0.122% → 0.000%
- $12.19
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- $5.87
- Costs to cover
- 0.164%
- Break-even
- 2.9 days
Slippage unknown: OKX: no order-book sample; Popdex: live order book, 37 min ago. Net counts fees only.
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 OKX no order-book sample | — | — | — | — | — |
| Sell Popdex live order book, 37 min ago | 2.18 bp | 7.1 bp −$7 | 26.2 bp −$262 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX JP225-USDT-SWAPlong | 0.0000% | 8h | 66,434 | long leg | $47K | $69K | 10x | |
| MEXC JP225_USDT | 0.0000% | 8h | 66,446 | +0.018% | $403K | $163K | 50x | as long as short |
| Bitget JP225USDT | 0.0000% | 8h | 66,466 | +0.048% | $365K | $193K | 20x | as long as short |
| Extended JP225-USD | +0.0048% | 1h | 66,519 | +0.128% | $6K | — | 25x | as long as short |
| Popdex JP225USDTshort | +0.0048% | 1h | 66,515 | +0.122% | $213 | $113K | 20x | |
| tradeXYZ xyz:JP225 | +0.0050% | 1h | 66,514 | +0.120% | $3.3M | $2.1M | 20x | as long as short |
| HTX JP225-USDT | +0.0050% | 1h | 66,351.4 | −0.124% | $358 | $433K | 20x | as long as short |
MEXC JP225_USDT
Bitget JP225USDT
Extended JP225-USD
tradeXYZ xyz:JP225
HTX JP225-USDT