Funding you earn now, next payment 05:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: tradeXYZ against Popdex−0.029%7-day average +0.009% · 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−$46as in the Price arb table
costs, in and out, $10k−$430.427% of the position
Funding, last 4 days (all we have)−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.029%, 7d avg +0.009%
=Together, before fees−0.009%+ Points / potential airdroptradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.038% cheaper against Popdex than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex JP225USDT | 66,527 | 0.0048 | pay 0.0006% / 1h | 41m 03s | $313 | $116K | 20x |
| Short | tradeXYZ xyz:JP225 | 66,508 | 0.0050 | get 0.0006% / 1h | 41m 03s | $3.4M | $2.0M | 20x |
Popdex JP225USDT
tradeXYZ xyz:JP225Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $0.42
- Price spread: −0.029% → +0.009%
- −$3.77
- Slippage, 4 orders
- −$18.3
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$46.04
- Costs to cover
- 0.427%
- Break-even
- 774.3 days
Slippage from Popdex: live order book, 13 min ago; tradeXYZ: live order book, 7 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, 13 min ago | 2.93 bp | 9.0 bp −$9 | 41.2 bp −$412 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 2.70 bp | 13.6 bp −$14 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX JP225-USDT-SWAP | 0.0000% | 8h | 66,525 | −0.003% | $48K | $67K | 10x | as long as short |
| MEXC JP225_USDT | 0.0000% | 8h | 66,507 | −0.030% | $405K | $156K | 50x | as long as short |
| Bitget JP225USDT | 0.0000% | 8h | 66,484 | −0.065% | $370K | $191K | 20x | as long as short |
| Extended JP225-USD | +0.0048% | 1h | 66,518 | −0.014% | $6K | — | 25x | as long as short |
| Popdex JP225USDTlong | +0.0048% | 1h | 66,527 | long leg | $313 | $116K | 20x | |
| tradeXYZ xyz:JP225short | +0.0050% | 1h | 66,508 | −0.029% | $3.4M | $2.0M | 20x | |
| HTX JP225-USDT | +0.0050% | 1h | 66,504.2 | −0.034% | $525 | $433K | 20x | as long as short |
OKX JP225-USDT-SWAP
MEXC JP225_USDT
Bitget JP225USDT
Extended JP225-USD
HTX JP225-USDT