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: Aster against Bitget−0.030%7-day average — · you buy dearer than you sell

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

Long on Bitget Short on Aster

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: Aster is 0.030% cheaper against Bitget than usual: you would sell low and buy high, −$3 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	Bitget JPMUSDT	352.17	0	get 0.0000% / 8h	4h 03m	$205K	$11K	20x
Short	Aster JPMUSDT	352.06	0	get 0.0000% / 8h	4h 03m	$3K	$437	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now −0.030%Rate

Funding earned: $0
Price spread: −0.030% → 0.000%: −$2.99
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$22.99
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 46 min ago; Aster: no order-book sample. 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 Bitget live order book, 46 min ago	16.19 bp	32.5 bp −$32	41.9 bp −$419	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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	346.99	−1.471%	$7K	$45K	12x	as long as short
BloFin JPM-USDT	−0.0008%	8h	351.98	−0.054%	$90K	$27K	20x	as long as short
Aster JPMUSDTshort	0.0000%	8h	352.06	−0.030%	$3K	$437	20x
Binance JPMUSDT	0.0000%	8h	352.03	−0.040%	$929K	$486K	20x	as long as short
Bybit JPMUSDT	0.0000%	8h	352.27	+0.028%	$154K	$1.1M	25x	as long as short
Gate JPM_USDT	0.0000%	8h	352.03	−0.040%	$731K	$234K	25x	as long as short
Bitget JPMUSDTlong	0.0000%	8h	352.17	long leg	$205K	$11K	20x
Variational Omni JPM	0.0000%	8h	351.96	−0.060%	$119K	$7K	—	as long as short
GRVT JPM_USDT_Perp	0.0000%	8h	352.06	−0.031%	$5K	$82K	10x	as long as short
SunX JPM-USDT	0.0000%	8h	351.95	−0.062%	$1K	$858K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX JPM-USDT	0.0000%	8h	351.78	−0.111%	$7K	$38K	20x	as long as short
QFEX JPM-USD	+0.0007%	1h	351.96	−0.060%	$1.1M	$2.7M	10x	as long as short
KuCoin JPMUSDTM	+0.0100%	8h	351.90	−0.077%	$155K	$885K	20x	as long as short
edgeX JPMUSDC	+0.0954%	4h	351.96	−0.059%	$36K	$172K	10x	as long as short