Funding you earn now, next payment 04:00 UTC−0.0679%/8h= −74.4% APRpaid last 24h +0.098%
Price spread now: edgeX against Bitget−0.027%7-day average +0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$840.840% of the position
Funding, last 7 days+0.156%+$16 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.027%, 7d avg +0.080%
=Together, before fees+0.172%+ Points / potential airdropedgeX: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and edgeX is 0.107% cheaper against Bitget than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.080%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.156%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.156% in total (about 8.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget JPMUSDT | 352.15 | 0 | get 0.0000% / 8h | 4h 45m | $205K | $11K | 20x |
| Short | edgeX JPMUSDC | 352.05 | −0.0679 | pay 0.0340% / 4h | 45m 05s | $36K | $172K | 10x |
Bitget JPMUSDT
edgeX JPMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- −$142.68
- Price spread: −0.027% → +0.080%
- −$10.69
- Slippage, 4 orders
- −$62.97
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$237.34
- Costs to cover
- 0.840%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; edgeX: live order book, 11 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 Bitget live order book, 5 min ago | 16.19 bp | 32.5 bp −$32 | 41.9 bp −$419 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 11 min ago | 5.26 bp | 13.4 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX JPMUSDCshort | −0.0679% | 4h | 352.05 | −0.027% | $36K | $172K | 10x | |
| Injective JPM/USDC PERP | −0.0220% | 1h | 348.41 | −1.062% | $7K | $45K | 12x | as long as short |
| Aster JPMUSDT | 0.0000% | 8h | 352.17 | +0.005% | $3K | $437 | 20x | as long as short |
| Binance JPMUSDT | 0.0000% | 8h | 352.12 | −0.009% | $929K | $488K | 20x | as long as short |
| Bybit JPMUSDT | 0.0000% | 8h | 352.15 | 0.000% | $154K | $1.1M | 25x | as long as short |
| Gate JPM_USDT | 0.0000% | 8h | 352.03 | −0.034% | $731K | $232K | 25x | as long as short |
| Bitget JPMUSDTlong | 0.0000% | 8h | 352.15 | long leg | $205K | $11K | 20x | |
| Variational Omni JPM | 0.0000% | 8h | 352.06 | −0.026% | $119K | $7K | — | as long as short |
| GRVT JPM_USDT_Perp | 0.0000% | 8h | 352.17 | +0.006% | $5K | $84K | 10x | as long as short |
| SunX JPM-USDT | 0.0000% | 8h | 352.12 | −0.009% | $1K | $859K | 10x | as long as short |
Injective JPM/USDC PERP
Aster JPMUSDT
Binance JPMUSDT
Bybit JPMUSDT
Gate JPM_USDT
Variational Omni JPM
GRVT JPM_USDT_Perp
SunX JPM-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX JPM-USDT | 0.0000% | 8h | 351.90 | −0.071% | $7K | $38K | 20x | as long as short |
| QFEX JPM-USD | +0.0007% | 1h | 352.08 | −0.020% | $1.1M | $2.8M | 10x | as long as short |
| BloFin JPM-USDT | +0.0014% | 8h | 352.16 | +0.003% | $90K | $27K | 20x | as long as short |
| KuCoin JPMUSDTM | +0.0100% | 8h | 351.97 | −0.051% | $155K | $873K | 20x | as long as short |
HTX JPM-USDT
QFEX JPM-USD
BloFin JPM-USDT
KuCoin JPMUSDTM