JPM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Bitget−0.026%7-day average +0.111% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,469as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,503as in the Price arb table

costs, in and out, $10k−$1,49014.898% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 4 days (all we have)+0.187%+$19 · spread now −0.026%, 7d avg +0.111%

Together, before fees+0.397%+$40 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.136% cheaper against Bitget than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of +0.111%). If the spread goes back, that is −$14 on $10k: about 4.5 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget JPMUSDT	352.12	0	get 0.0000% / 8h	6h 58m	$205K	$11K	20x
Short	KuCoin JPMUSDTM	352.03	0.0100	get 0.0100% / 8h	6h 58m	$155K	$985K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.026%Rate

Funding earned: $21
Price spread: −0.026% → +0.111%: −$13.63
Slippage, 4 orders: −$1,465.82
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,482.45
Costs to cover: 14.898%
Break-even: 501.2 days

Slippage from Bitget: live order book, 26 min ago; KuCoin: live order book, 66 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, 26 min ago	18.06 bp	109.5 bp −$109	136.5 bp −$1,365	doesn't fit	doesn't fit
Sell KuCoin live order book, 66 min ago	18.74 bp	184.8 bp −$185	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
Gate JPM_USDT	−0.0871%	8h	352.28	+0.045%	$727K	$148K	25x	as long as short
GRVT JPM_USDT_Perp	−0.0405%	8h	352.20	+0.023%	$5K	$80K	10x	as long as short
Injective JPM/USDC PERP	−0.0220%	1h	345.91	−1.764%	$7K	$34K	12x	as long as short
BloFin JPM-USDT	0.0000%	8h	352.26	+0.040%	$90K	$28K	20x	as long as short
Aster JPMUSDT	0.0000%	8h	352.29	+0.048%	$3K	$388	20x	as long as short
Binance JPMUSDT	0.0000%	8h	352.34	+0.064%	$935K	$493K	20x	as long as short
Bybit JPMUSDT	0.0000%	8h	352.44	+0.091%	$154K	$1.1M	25x	as long as short
Bitget JPMUSDTlong	0.0000%	8h	352.12	long leg	$205K	$11K	20x
Variational Omni JPM	0.0000%	8h	352.13	+0.004%	$120K	$6K	—	as long as short
SunX JPM-USDT	0.0000%	8h	352.13	+0.003%	$1K	$792K	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	351.96	−0.045%	$7K	$39K	20x	as long as short
QFEX JPM-USD	+0.0019%	1h	352.03	−0.026%	$1.1M	$2.4M	10x	as long as short
KuCoin JPMUSDTMshort	+0.0100%	8h	352.03	−0.026%	$155K	$985K	20x
edgeX JPMUSDC	+0.0283%	4h	352.14	+0.005%	$36K	$172K	10x	as long as short