JPM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0405%/8h= −44.3% APRnext payment −$4.05 per $10,000 · paid last 24h −0.014%

Price spread now: GRVT against BloFin−0.017%7-day average — · you buy dearer than you sell

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

Long on BloFin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

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

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$12 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.036% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.05 per $10,000. 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	BloFin JPM-USDT	352.26	0.0000	get 0.0000% / 8h	6h 58m	$90K	$28K	20x
Short	GRVT JPM_USDT_Perp	352.20	−0.0405	pay 0.0405% / 8h	6h 58m	$5K	$80K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against BloFin. 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 BloFinbpFee GRVTbpOrdersPrice spread, now −0.017%Rate

Funding earned: −$84.96
Price spread: −0.017% → 0.000%: −$1.7
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$107.67
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; GRVT: 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 BloFin no order-book sample	—	—	—	—	—
Sell GRVT no order-book sample	—	—	—	—	—

BloFin and GRVT: 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
Gate JPM_USDT	−0.0852%	8h	352.28	+0.006%	$727K	$148K	25x	as long as short
GRVT JPM_USDT_Perpshort	−0.0405%	8h	352.20	−0.017%	$5K	$80K	10x
Injective JPM/USDC PERP	−0.0220%	1h	345.91	−1.803%	$7K	$34K	12x	as long as short
BloFin JPM-USDTlong	0.0000%	8h	352.26	long leg	$90K	$28K	20x
Aster JPMUSDT	0.0000%	8h	352.51	+0.071%	$3K	$388	20x	as long as short
Binance JPMUSDT	0.0000%	8h	352.28	+0.007%	$935K	$493K	20x	as long as short
Bybit JPMUSDT	0.0000%	8h	352.51	+0.071%	$154K	$1.1M	25x	as long as short
Bitget JPMUSDT	0.0000%	8h	352.06	−0.057%	$205K	$11K	20x	as long as short
Variational Omni JPM	0.0000%	8h	352.13	−0.036%	$120K	$6K	—	as long as short
SunX JPM-USDT	0.0000%	8h	352.13	−0.037%	$986	$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	−0.085%	$7K	$39K	20x	as long as short
QFEX JPM-USD	+0.0019%	1h	352.09	−0.048%	$1.1M	$2.4M	10x	as long as short
KuCoin JPMUSDTM	+0.0100%	8h	352.20	−0.017%	$155K	$986K	20x	as long as short
edgeX JPMUSDC	+0.0283%	4h	352.14	−0.035%	$36K	$172K	10x	as long as short