Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.062%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$840.843% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 2 days (all we have)+0.054%+$5 · spread now −0.062%, 7d avg −0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.032% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit JPMUSDT | 352.20 | 0 | get 0.0000% / 8h | 2h 54m | $153K | $1.1M | 25x |
| Short | Binance JPMUSDT | 351.98 | 0 | get 0.0000% / 8h | 2h 54m | $933K | $493K | 20x |
Bybit JPMUSDT
Binance JPMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.062% → −0.030%
- −$3.24
- Slippage, 4 orders
- −$63.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$87.54
- Costs to cover
- 0.843%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 52 min ago.
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 Bybit live order book, 1 min ago | 3.55 bp | 33.3 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 52 min ago | 1.14 bp | 10.0 bp −$10 | 48.0 bp −$480 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX JPMUSDC | −0.0681% | 4h | 351.92 | −0.078% | $36K | $171K | 10x | as long as short |
| Injective JPM/USDC PERP | −0.0220% | 1h | 348.46 | −1.062% | $7K | $45K | 12x | as long as short |
| Aster JPMUSDT | 0.0000% | 8h | 352.15 | −0.015% | $3K | $437 | 20x | as long as short |
| Binance JPMUSDTshort | 0.0000% | 8h | 351.98 | −0.062% | $933K | $493K | 20x | |
| Bybit JPMUSDTlong | 0.0000% | 8h | 352.20 | long leg | $153K | $1.1M | 25x | |
| Gate JPM_USDT | 0.0000% | 8h | 352.05 | −0.043% | $731K | $222K | 25x | as long as short |
| Bitget JPMUSDT | 0.0000% | 8h | 352.07 | −0.037% | $205K | $11K | 20x | as long as short |
| Variational Omni JPM | 0.0000% | 8h | 351.92 | −0.079% | $119K | $7K | — | as long as short |
| GRVT JPM_USDT_Perp | 0.0000% | 8h | 352.05 | −0.044% | $5K | $80K | 10x | as long as short |
| SunX JPM-USDT | 0.0000% | 8h | 351.75 | −0.128% | $1K | $852K | 10x | as long as short |
edgeX JPMUSDC
Injective JPM/USDC PERP
Aster JPMUSDT
Gate JPM_USDT
Bitget JPMUSDT
Variational Omni JPM
GRVT JPM_USDT_Perp
SunX JPM-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX JPM-USDT | 0.0000% | 8h | 351.74 | −0.131% | $7K | $38K | 20x | as long as short |
| QFEX JPM-USD | +0.0003% | 1h | 351.98 | −0.062% | $1.1M | $2.6M | 10x | as long as short |
| BloFin JPM-USDT | +0.0029% | 8h | 351.99 | −0.060% | $90K | $27K | 20x | as long as short |
| KuCoin JPMUSDTM | +0.0100% | 8h | 352.17 | −0.009% | $155K | $906K | 20x | as long as short |
HTX JPM-USDT
QFEX JPM-USD
BloFin JPM-USDT
KuCoin JPMUSDTM