Funding you earn now, next payment 06:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.014%
Price spread now: MEXC against Popdex−0.101%7-day average −0.149% · 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−$298as in the Price arb table
costs, in and out, $10k−$3023.024% of the position
Funding, last 4 days (all we have)−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.101%, 7d avg −0.149%
=The price spread pays, funding is against you. MEXC is 0.048% dearer against Popdex than usual: you sell high and buy low (spread −0.101% now, against its 7-day average of −0.149%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex JP225USDT | 66,515 | 0.0048 | pay 0.0006% / 1h | 11m 12s | $213 | $113K | 20x |
| Short | MEXC JP225_USDT | 66,448 | 0 | get 0.0000% / 8h | 2h 11m | $403K | $163K | 50x |
Popdex JP225USDT
MEXC JP225_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.101% → −0.149%
- $4.79
- Slippage, 4 orders
- −$296
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$307.68
- Costs to cover
- 3.024%
- Break-even
- never at this rate
Slippage from Popdex: live order book, 37 min ago; MEXC: live order book, 19 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, 37 min ago | 2.18 bp | 6.5 bp −$7 | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 19 min ago | 4.91 bp | 154.3 bp −$154 | 300.7 bp −$3,007 | 493.7 bp −$49.4K | 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 | 66,434 | −0.122% | $47K | $69K | 10x | as long as short |
| MEXC JP225_USDTshort | 0.0000% | 8h | 66,448 | −0.101% | $403K | $163K | 50x | |
| Bitget JP225USDT | 0.0000% | 8h | 66,466 | −0.074% | $365K | $193K | 20x | as long as short |
| Extended JP225-USD | +0.0048% | 1h | 66,519 | +0.006% | $6K | — | 25x | as long as short |
| Popdex JP225USDTlong | +0.0048% | 1h | 66,515 | long leg | $213 | $113K | 20x | |
| tradeXYZ xyz:JP225 | +0.0050% | 1h | 66,521 | +0.009% | $3.3M | $2.1M | 20x | as long as short |
| HTX JP225-USDT | +0.0050% | 1h | 66,351.4 | −0.246% | $358 | $433K | 20x | as long as short |
OKX JP225-USDT-SWAP
Bitget JP225USDT
Extended JP225-USD
tradeXYZ xyz:JP225
HTX JP225-USDT