Funding you earn now, next payment 06:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.014%
Price spread now: OKX against Popdex−0.122%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.122% cheaper against Popdex than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| 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 13s | $213 | $113K | 20x |
| Short | OKX JP225-USDT-SWAP | 66,434 | 0 | get 0.0000% / 8h | 2h 11m | $47K | $69K | 10x |
Popdex JP225USDT
OKX JP225-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.122% → 0.000%
- −$12.18
- Slippage, 4 orders
- no order book: not counted
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$38.66
- Costs to cover
- 0.164%
- Break-even
- never at this rate
Slippage unknown: Popdex: live order book, 37 min ago; OKX: no order-book sample. 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 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 OKX no order-book sample | — | — | — | — | — |
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-SWAPshort | 0.0000% | 8h | 66,434 | −0.122% | $47K | $69K | 10x | |
| MEXC JP225_USDT | 0.0000% | 8h | 66,448 | −0.101% | $403K | $163K | 50x | as long as short |
| 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 |
MEXC JP225_USDT
Bitget JP225USDT
Extended JP225-USD
tradeXYZ xyz:JP225
HTX JP225-USDT