Funding arb · Price arb /

JPM

RWAall JPM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Aster−0.055%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.055% cheaper against Aster than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster JPMUSDT	352.02	0	get 0.0000% / 8h	5h 42m	$3K	$437	20x
Short	Bitget JPMUSDT	351.83	0	get 0.0000% / 8h	5h 42m	$205K	$11K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BitgetbpOrdersPrice spread, now −0.055%Rate

Funding earned: $0
Price spread: −0.055% → 0.000%: −$5.54
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$25.54
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Bitget: live order book, 12 min ago. 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 Aster no order-book sample	—	—	—	—	—
Sell Bitget live order book, 12 min ago	11.50 bp	551.5 bp −$552	699.4 bp −$6,994	doesn't fit	doesn't fit

Aster: 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.

JPM on 14 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
Injective JPM/USDC PERP	−0.0220%	1h	348.44	−1.018%	$7K	$45K	12x	as long as short
Aster JPMUSDTlong	0.0000%	8h	352.02	long leg	$3K	$437	20x
Binance JPMUSDT	0.0000%	8h	351.99	−0.010%	$927K	$487K	20x	as long as short
Bybit JPMUSDT	0.0000%	8h	352.23	+0.058%	$153K	$1.1M	25x	as long as short
Gate JPM_USDT	0.0000%	8h	351.97	−0.016%	$731K	$249K	25x	as long as short
Bitget JPMUSDTshort	0.0000%	8h	351.83	−0.055%	$205K	$11K	20x
Variational Omni JPM	0.0000%	8h	351.98	−0.013%	$119K	$7K	—	as long as short
GRVT JPM_USDT_Perp	0.0000%	8h	352.01	−0.003%	$5K	$83K	10x	as long as short
SunX JPM-USDT	0.0000%	8h	351.89	−0.038%	$1K	$870K	10x	as long as short
HTX JPM-USDT	0.0000%	8h	351.79	−0.067%	$7K	$38K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX JPM-USD	+0.0016%	1h	351.92	−0.030%	$1.1M	$2.9M	10x	as long as short
BloFin JPM-USDT	+0.0018%	8h	351.94	−0.024%	$90K	$26K	20x	as long as short
KuCoin JPMUSDTM	+0.0100%	8h	351.76	−0.075%	$155K	$845K	20x	as long as short
edgeX JPMUSDC	+0.0397%	4h	351.96	−0.018%	$36K	$172K	10x	as long as short