Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.009%
Price spread now: MEXC against tradeXYZ−0.152%7-day average −0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$240as in the Price arb table
costs, in and out, $10k−$2402.402% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.152%, 7d avg −0.157%
=Together, before fees+0.025%+ Points / potential airdroptradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.157%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:JP225 | 66,588 | 0.0050 | pay 0.0006% / 1h | 10m 40s | $3.5M | $1.8M | 20x |
| Short | MEXC JP225_USDT | 66,487 | 0 | get 0.0000% / 8h | 4h 10m | $425K | $152K | 50x |
tradeXYZ xyz:JP225
MEXC JP225_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.152% → −0.157%
- $0.54
- Slippage, 4 orders
- −$222.21
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$250.17
- Costs to cover
- 2.402%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; MEXC: live order book, 30 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, 6 min ago | 0.90 bp | 10.9 bp −$11 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 30 min ago | 4.57 bp | 114.0 bp −$114 | 299.2 bp −$2,992 | 542.2 bp −$54.2K | 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 | 66,531 | −0.086% | $52K | $62K | 10x | as long as short |
| MEXC JP225_USDTshort | 0.0000% | 8h | 66,487 | −0.152% | $425K | $152K | 50x | |
| Bitget JP225USDT | 0.0000% | 8h | 66,586 | −0.003% | $371K | $191K | 20x | as long as short |
| Extended JP225-USD | +0.0048% | 1h | 66,583 | −0.008% | $6K | — | 25x | as long as short |
| Popdex JP225USDT | +0.0048% | 1h | 66,585 | −0.005% | $193 | $116K | 20x | as long as short |
| tradeXYZ xyz:JP225long | +0.0050% | 1h | 66,588 | long leg | $3.5M | $1.8M | 20x | |
| HTX JP225-USDT | +0.0050% | 1h | 66,482.7 | −0.158% | $339 | $433K | 20x | as long as short |
OKX JP225-USDT-SWAP
Bitget JP225USDT
Extended JP225-USD
Popdex JP225USDT
HTX JP225-USDT