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

JPM

RWAall JPM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h −0.002%
Price spread now: QFEX against BloFin−0.011%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin JPM-USDT352.01−0.0001get 0.0001% / 8h3h 48m$89K$27K20x
ShortQFEX JPM-USD351.970.0000get 0.0000% / 1h48m 46s$1.1M$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$0.18
Price spread: −0.011% → 0.000%
−$1.14
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$22.96
Costs to cover
0.220%
Break-even
903.2 days
Slippage unknown: BloFin: no order-book sample; QFEX: live order book, 4 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 QFEX live order book, 4 min ago52.13 bp57.4 bp −$5765.8 bp −$658doesn'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
Injective JPM/USDC PERP−0.0220%1h348.49−1.000%$7K$45K12xas long as short
edgeX JPMUSDC−0.0194%4h351.95−0.016%$36K$171K10xas long as short
BloFin JPM-USDTlong−0.0001%8h352.01long leg$89K$27K20x
Aster JPMUSDT0.0000%8h352.08+0.021%$3K$43720xas long as short
Binance JPMUSDT0.0000%8h352.05+0.011%$929K$486K20xas long as short
Bybit JPMUSDT0.0000%8h352.39+0.108%$154K$1.1M25xas long as short
Gate JPM_USDT0.0000%8h352.010.000%$731K$225K25xas long as short
Bitget JPMUSDT0.0000%8h352.08+0.020%$205K$11K20xas long as short
Variational Omni JPM0.0000%8h352.00−0.002%$119K$7Kas long as short
GRVT JPM_USDT_Perp0.0000%8h352.05+0.011%$5K$82K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX JPM-USDT0.0000%8h351.91−0.028%$1K$856K10xas long as short
HTX JPM-USDT0.0000%8h351.82−0.054%$7K$38K20xas long as short
QFEX JPM-USDshort0.0000%1h351.97−0.011%$1.1M$2.7M10x
KuCoin JPMUSDTM+0.0100%8h351.76−0.071%$156K$886K20xas long as short