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+0.0027%/8h= +2.9% APRnext payment +$0.27 per $10,000 · paid last 24h −0.006%
Price spread now: SunX against BloFin−0.043%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−0.058%−$6 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. SunX is 0.043% cheaper against BloFin than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 5.3 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.058%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin JPM-USDT352.06−0.0027get 0.0027% / 8h3h 47m$89K$27K20x
ShortSunX JPM-USDT351.910get 0.0000% / 8h3h 47m$1K$856K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$5.6
Price spread: −0.043% → 0.000%
−$4.26
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$18.66
Costs to cover
0.200%
Break-even
30.3 days
Slippage unknown: BloFin: no order-book sample; SunX: live order book, 35 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 SunX live order book, 35 min ago500.11 bpdoesn't fitdoesn'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−0.0222%4h351.96−0.028%$36K$172K10xas long as short
Injective JPM/USDC PERP−0.0220%1h348.49−1.014%$7K$45K12xas long as short
BloFin JPM-USDTlong−0.0027%8h352.06long leg$89K$27K20x
Aster JPMUSDT0.0000%8h352.07+0.004%$3K$43720xas long as short
Binance JPMUSDT0.0000%8h352.05−0.003%$929K$486K20xas long as short
Bybit JPMUSDT0.0000%8h352.37+0.088%$154K$1.1M25xas long as short
Gate JPM_USDT0.0000%8h352.07+0.003%$731K$225K25xas long as short
Bitget JPMUSDT0.0000%8h352.07+0.003%$205K$11K20xas long as short
Variational Omni JPM0.0000%8h352.00−0.016%$119K$7Kas long as short
GRVT JPM_USDT_Perp0.0000%8h352.05−0.004%$5K$82K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX JPM-USDTshort0.0000%8h351.91−0.043%$1K$856K10x
HTX JPM-USDT0.0000%8h351.80−0.074%$7K$38K20xas long as short
QFEX JPM-USD0.0000%1h351.97−0.026%$1.1M$2.7M10xas long as short
KuCoin JPMUSDTM+0.0100%8h351.75−0.088%$156K$887K20xas long as short