Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.009%
Price spread now: Bitget against tradeXYZ−0.039%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$420.424% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.039%, 7d avg −0.061%
=Together, before fees−0.029%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.022% dearer against tradeXYZ than usual: you sell high and buy low (spread −0.039% now, against its 7-day average of −0.061%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:JP225 | 66,630 | 0.0050 | pay 0.0006% / 1h | 12m 58s | $3.5M | $1.8M | 20x |
| Short | Bitget JP225USDT | 66,604 | 0 | get 0.0000% / 8h | 4h 12m | $371K | $191K | 20x |
tradeXYZ xyz:JP225
Bitget JP225USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against tradeXYZ. 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
- −$10.5
- Price spread: −0.039% → −0.061%
- $2.21
- Slippage, 4 orders
- −$12.39
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$50.68
- Costs to cover
- 0.424%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; Bitget: live order book, 37 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 tradeXYZ live order book, 4 min ago | 0.90 bp | 10.9 bp −$11 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 37 min ago | 3.01 bp | 10.6 bp −$11 | 15.3 bp −$153 | 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 | 66,686 | +0.084% | $52K | $62K | 10x | as long as short |
| MEXC JP225_USDT | 0.0000% | 8h | 66,577 | −0.080% | $404K | $147K | 50x | as long as short |
| Bitget JP225USDTshort | 0.0000% | 8h | 66,604 | −0.039% | $371K | $191K | 20x | |
| Extended JP225-USD | +0.0048% | 1h | 66,627 | −0.005% | $6K | — | 25x | as long as short |
| Popdex JP225USDT | +0.0048% | 1h | 66,635 | +0.008% | $273 | $116K | 20x | as long as short |
| tradeXYZ xyz:JP225long | +0.0050% | 1h | 66,630 | long leg | $3.5M | $1.8M | 20x | |
| HTX JP225-USDT | +0.0050% | 1h | 66,668.4 | +0.058% | $313 | $433K | 20x | as long as short |
OKX JP225-USDT-SWAP
MEXC JP225_USDT
Extended JP225-USD
Popdex JP225USDT
HTX JP225-USDT