Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h +0.009%
Price spread now: tradeXYZ against OKX+0.021%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.021% dearer against OKX than usual: you sell high and buy low, +$2 on $10k if it 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 | 66,363 | 0 | get 0.0000% / 8h | 6m 59s | $47K | $67K | 10x |
| Short | tradeXYZ xyz:JP225 | 66,377 | 0.0005 | get 0.0001% / 1h | 6m 59s | $3.4M | $2.2M | 20x |
OKX JP225-USDT-SWAP
tradeXYZ xyz:JP225Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $0.98
- Price spread: +0.021% → 0.000%
- $2.11
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$24.91
- Costs to cover
- 0.280%
- Break-even
- 184.5 days
Slippage unknown: OKX: no order-book sample; tradeXYZ: live order book, 1 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 tradeXYZ live order book, 1 min ago | 1.96 bp | 16.7 bp −$17 | doesn't fit | 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 | 66,363 | long leg | $47K | $67K | 10x | |
| MEXC JP225_USDT | 0.0000% | 8h | 66,376 | +0.020% | $403K | $166K | 50x | as long as short |
| Bitget JP225USDT | 0.0000% | 8h | 66,343 | −0.030% | $365K | $193K | 20x | as long as short |
| tradeXYZ xyz:JP225short | +0.0005% | 1h | 66,377 | +0.021% | $3.4M | $2.2M | 20x | |
| Extended JP225-USD | +0.0008% | 1h | 66,377 | +0.021% | $6K | — | 25x | as long as short |
| Popdex JP225USDT | +0.0048% | 1h | 66,385 | +0.033% | $750 | $112K | 20x | as long as short |
| HTX JP225-USDT | +0.0050% | 1h | 66,408 | +0.068% | $471 | $434K | 20x | as long as short |
MEXC JP225_USDT
Bitget JP225USDT
Extended JP225-USD
Popdex JP225USDT
HTX JP225-USDT