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+0.0093%/8h= +10.2% APRnext payment +$0.93 per $10,000 · paid last 24h +0.024%
Price spread now: KuCoin against BloFin−0.023%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 7 days+0.152%+$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 0.023% cheaper against BloFin than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 20 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin JPM-USDT352.430.0007pay 0.0007% / 8h1h 18m$90K$27K20x
ShortKuCoin JPMUSDTM352.350.0100get 0.0100% / 8h1h 18m$155K$958K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$19.54
Price spread: −0.023% → 0.000%
−$2.27
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$6.73
Costs to cover
0.240%
Break-even
9.4 days
Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 61 min ago. 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 KuCoin live order book, 61 min ago26.26 bp162.2 bp −$162doesn't fitdoesn't fitdoesn't fit
BloFin: 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
edgeX JPMUSDC−0.0953%4h352.48+0.015%$36K$172K10xas long as short
Injective JPM/USDC PERP−0.0220%1h347.62−1.365%$7K$45K12xas long as short
Aster JPMUSDT0.0000%8h352.44+0.002%$3K$38820xas long as short
Binance JPMUSDT0.0000%8h352.54+0.032%$941K$488K20xas long as short
Bybit JPMUSDT0.0000%8h352.52+0.026%$154K$1.1M25xas long as short
Gate JPM_USDT0.0000%8h352.53+0.028%$727K$204K25xas long as short
Bitget JPMUSDT0.0000%8h352.39−0.011%$205K$11K20xas long as short
Variational Omni JPM0.0000%8h352.48+0.015%$120K$7Kas long as short
GRVT JPM_USDT_Perp0.0000%8h352.54+0.031%$5K$81K10xas long as short
SunX JPM-USDT0.0000%8h352.59+0.045%$1K$807K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX JPM-USDT0.0000%8h352.30−0.037%$7K$39K20xas long as short
QFEX JPM-USD+0.0005%1h352.430.000%$1.1M$2.5M10xas long as short
BloFin JPM-USDTlong+0.0007%8h352.43long leg$90K$27K20x
KuCoin JPMUSDTMshort+0.0100%8h352.35−0.023%$155K$958K20x