JPM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0134%/8h= +14.7% APRnext payment +$1.34 per $10,000 · paid last 24h +0.010%

Price spread now: Bybit against GRVT+0.034%100s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.132%−$13 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.034% dearer against GRVT than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.132%, so the current rate has only just turned in your favour. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT JPM_USDT_Perp	352.29	−0.0134	get 0.0134% / 8h	7h 55m	$5K	$81K	10x
Short	Bybit JPMUSDT	352.41	0	get 0.0000% / 8h	7h 55m	$154K	$1.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against GRVT. 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

Position, each leg$Hold fordaysFee GRVTbpFee BybitbpOrdersPrice spread, now +0.034%Rate

Funding earned: $28.14
Price spread: +0.034% → 0.000%: $3.41
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $11.55
Costs to cover: 0.200%
Break-even: 4.1 days

Slippage unknown: GRVT: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.

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 GRVT no order-book sample	—	—	—	—	—
Sell Bybit live order book, 5 min ago	3.97 bp	62.0 bp −$62	doesn't fit	doesn't fit	doesn't fit

GRVT: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX JPMUSDC	−0.0331%	4h	352.19	−0.028%	$36K	$171K	10x	as long as short
Gate JPM_USDT	−0.0315%	8h	352.35	+0.017%	$725K	$194K	25x	as long as short
Injective JPM/USDC PERP	−0.0220%	1h	348.84	−0.979%	$7K	$34K	12x	as long as short
GRVT JPM_USDT_Perplong	−0.0134%	8h	352.29	long leg	$5K	$81K	10x
BloFin JPM-USDT	−0.0020%	8h	352.26	−0.009%	$91K	$27K	20x	as long as short
Aster JPMUSDT	0.0000%	8h	352.38	+0.025%	$3K	$388	20x	as long as short
Binance JPMUSDT	0.0000%	8h	352.29	0.000%	$941K	$485K	20x	as long as short
Bybit JPMUSDTshort	0.0000%	8h	352.41	+0.034%	$154K	$1.1M	25x
Bitget JPMUSDT	0.0000%	8h	351.86	−0.122%	$205K	$11K	20x	as long as short
Variational Omni JPM	0.0000%	8h	352.18	−0.031%	$120K	$7K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX JPM-USDT	0.0000%	8h	352.11	−0.051%	$1K	$782K	10x	as long as short
HTX JPM-USDT	0.0000%	8h	351.99	−0.085%	$7K	$39K	20x	as long as short
QFEX JPM-USD	+0.0019%	1h	352.49	+0.057%	$1.1M	$2.4M	10x	as long as short
KuCoin JPMUSDTM	+0.0100%	8h	352.27	−0.006%	$155K	$956K	20x	as long as short