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

JPM

RWAall JPM markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h +0.013%
Price spread now: QFEX against GRVT−0.050%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 fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.050% cheaper against GRVT than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT JPM_USDT_Perp352.120get 0.0000% / 8h2h 51m$5K$81K10x
ShortQFEX JPM-USD351.940.0003get 0.0000% / 1h51m 22s$1.1M$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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

Funding earned
$0.6
Price spread: −0.050% → 0.000%
−$5.01
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$23.4
Costs to cover
0.190%
Break-even
277.9 days
Slippage unknown: GRVT: no order-book sample; QFEX: live order book, 6 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 GRVT no order-book sample
Sell QFEX live order book, 6 min ago1.56 bp6.6 bp −$714.2 bp −$142doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective JPM/USDC PERP−0.0220%1h348.46−1.038%$7K$45K12xas long as short
BloFin JPM-USDT−0.0001%8h351.99−0.036%$90K$27K20xas long as short
Aster JPMUSDT0.0000%8h352.12+0.001%$3K$43720xas long as short
Binance JPMUSDT0.0000%8h352.00−0.033%$933K$488K20xas long as short
Bybit JPMUSDT0.0000%8h352.20+0.024%$153K$1.1M25xas long as short
Gate JPM_USDT0.0000%8h352.05−0.019%$731K$222K25xas long as short
Bitget JPMUSDT0.0000%8h352.15+0.010%$205K$11K20xas long as short
Variational Omni JPM0.0000%8h351.92−0.055%$119K$7Kas long as short
GRVT JPM_USDT_Perplong0.0000%8h352.12long leg$5K$81K10x
SunX JPM-USDT0.0000%8h351.75−0.104%$1K$852K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX JPM-USDT0.0000%8h351.74−0.107%$7K$38K20xas long as short
QFEX JPM-USDshort+0.0003%1h351.94−0.050%$1.1M$2.6M10x
KuCoin JPMUSDTM+0.0100%8h352.11−0.002%$155K$908K20xas long as short
edgeX JPMUSDC+0.0473%4h351.92−0.054%$36K$172K10xas long as short