Settings8H · net · $10k
Funding arb · Price arb /

JPM

RWAall JPM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.7% APRnext payment $0.16 per $10,000 · paid last 24h −0.006%
Price spread now: HTX against BloFin−0.270%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and HTX is 0.270% cheaper against BloFin than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin JPM-USDT352.070.0016pay 0.0016% / 8h4h 39m$90K$27K20x
ShortHTX JPM-USDT351.120get 0.0000% / 8h4h 39m$7K$38K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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

Funding earned
−$3.27
Price spread: −0.270% → 0.000%
−$26.98
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$54.26
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell HTX no order-book sample
BloFin and HTX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective JPM/USDC PERP−0.0220%1h348.41−1.040%$7K$45K12xas long as short
edgeX JPMUSDC−0.0006%4h352.07−0.001%$36K$171K10xas long as short
Aster JPMUSDT0.0000%8h352.18+0.032%$3K$43720xas long as short
Binance JPMUSDT0.0000%8h352.22+0.043%$929K$488K20xas long as short
Bybit JPMUSDT0.0000%8h352.49+0.119%$154K$1.1M25xas long as short
Gate JPM_USDT0.0000%8h352.18+0.031%$731K$232K25xas long as short
Bitget JPMUSDT0.0000%8h352.09+0.006%$205K$11K20xas long as short
Variational Omni JPM0.0000%8h352.070.000%$119K$7Kas long as short
GRVT JPM_USDT_Perp0.0000%8h352.18+0.030%$5K$84K10xas long as short
SunX JPM-USDT0.0000%8h352.13+0.017%$1K$859K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX JPM-USDTshort0.0000%8h351.12−0.270%$7K$38K20x
QFEX JPM-USD+0.0007%1h352.08+0.003%$1.1M$2.8M10xas long as short
BloFin JPM-USDTlong+0.0016%8h352.07long leg$90K$27K20x
KuCoin JPMUSDTM+0.0100%8h352.11+0.011%$155K$876K20xas long as short