Funding you earn now, next payment 04:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Popdex against tradeXYZ+0.011%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$370.370% of the position
Funding, last 4 days (all we have)+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now +0.011%, 7d avg −0.009%
=Together, before fees+0.018%+ Points / potential airdroptradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:JP225 | 66,578 | 0.0050 | pay 0.0006% / 1h | 9m 12s | $3.5M | $1.8M | 20x |
| Short | Popdex JP225USDT | 66,585 | 0.0048 | get 0.0006% / 1h | 9m 12s | $273 | $116K | 20x |
tradeXYZ xyz:JP225
Popdex JP225USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- −$0.42
- Price spread: +0.011% → −0.009%
- $1.97
- Slippage, 4 orders
- −$12.59
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$35.44
- Costs to cover
- 0.370%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 8 min ago; Popdex: live order book, 49 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, 8 min ago | 0.90 bp | 10.9 bp −$11 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 49 min ago | 2.63 bp | 7.5 bp −$7 | 26.5 bp −$265 | 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 | 66,537 | −0.062% | $52K | $62K | 10x | as long as short |
| MEXC JP225_USDT | 0.0000% | 8h | 66,483 | −0.143% | $425K | $152K | 50x | as long as short |
| Bitget JP225USDT | 0.0000% | 8h | 66,586 | +0.012% | $371K | $191K | 20x | as long as short |
| Extended JP225-USD | +0.0048% | 1h | 66,578 | 0.000% | $6K | — | 25x | as long as short |
| Popdex JP225USDTshort | +0.0048% | 1h | 66,585 | +0.011% | $273 | $116K | 20x | |
| tradeXYZ xyz:JP225long | +0.0050% | 1h | 66,578 | long leg | $3.5M | $1.8M | 20x | |
| HTX JP225-USDT | +0.0050% | 1h | 66,455.3 | −0.184% | $233 | $433K | 20x | as long as short |
OKX JP225-USDT-SWAP
MEXC JP225_USDT
Bitget JP225USDT
Extended JP225-USD
HTX JP225-USDT