Funding you earn now, next payment 09:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.014%
Price spread now: Bitget against Popdex−0.066%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$410.407% of the position
Funding, last 4 days (all we have)−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.066%, 7d avg −0.053%
=The price spread sits at its 7-day average of −0.053%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex JP225USDT | 66,428 | 0.0048 | pay 0.0006% / 1h | 2m 28s | $744 | $112K | 20x |
| Short | Bitget JP225USDT | 66,384 | 0 | get 0.0000% / 8h | 7h 02m | $465K | $236K | 20x |
Popdex JP225USDT
Bitget JP225USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Popdex. 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: −0.066% → −0.053%
- −$1.3
- Slippage, 4 orders
- −$22.35
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$52.13
- Costs to cover
- 0.407%
- Break-even
- never at this rate
Slippage from Popdex: live order book, 31 min ago; Bitget: live order book, 23 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 Popdex live order book, 31 min ago | 1.96 bp | 7.5 bp −$7 | 27.9 bp −$279 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 23 min ago | 5.29 bp | 12.9 bp −$13 | 16.7 bp −$167 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:JP225 | −0.0014% | 1h | 66,430 | +0.003% | $3.5M | $2.2M | 20x | as long as short |
| Extended JP225-USD | −0.0008% | 1h | 66,437 | +0.014% | $6K | — | 25x | as long as short |
| OKX JP225-USDT-SWAP | 0.0000% | 8h | 66,345 | −0.125% | $46K | $69K | 10x | as long as short |
| MEXC JP225_USDT | 0.0000% | 8h | 66,537 | +0.164% | $400K | $164K | 50x | as long as short |
| Bitget JP225USDTshort | 0.0000% | 8h | 66,384 | −0.066% | $465K | $236K | 20x | |
| Popdex JP225USDTlong | +0.0048% | 1h | 66,428 | long leg | $744 | $112K | 20x | |
| HTX JP225-USDT | +0.0050% | 1h | 66,355.8 | −0.109% | $624 | $434K | 20x | as long as short |
tradeXYZ xyz:JP225
Extended JP225-USD
OKX JP225-USDT-SWAP
MEXC JP225_USDT
HTX JP225-USDT