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
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT JPM_USDT_Perp | 352.12 | 0 | get 0.0000% / 8h | 2h 51m | $5K | $81K | 10x |
| Short | QFEX JPM-USD | 351.94 | 0.0003 | get 0.0000% / 1h | 51m 22s | $1.1M | $2.6M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GRVT no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 6 min ago | 1.56 bp | 6.6 bp −$7 | 14.2 bp −$142 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective JPM/USDC PERP | −0.0220% | 1h | 348.46 | −1.038% | $7K | $45K | 12x | as long as short |
| BloFin JPM-USDT | −0.0001% | 8h | 351.99 | −0.036% | $90K | $27K | 20x | as long as short |
| Aster JPMUSDT | 0.0000% | 8h | 352.12 | +0.001% | $3K | $437 | 20x | as long as short |
| Binance JPMUSDT | 0.0000% | 8h | 352.00 | −0.033% | $933K | $488K | 20x | as long as short |
| Bybit JPMUSDT | 0.0000% | 8h | 352.20 | +0.024% | $153K | $1.1M | 25x | as long as short |
| Gate JPM_USDT | 0.0000% | 8h | 352.05 | −0.019% | $731K | $222K | 25x | as long as short |
| Bitget JPMUSDT | 0.0000% | 8h | 352.15 | +0.010% | $205K | $11K | 20x | as long as short |
| Variational Omni JPM | 0.0000% | 8h | 351.92 | −0.055% | $119K | $7K | — | as long as short |
| GRVT JPM_USDT_Perplong | 0.0000% | 8h | 352.12 | long leg | $5K | $81K | 10x | |
| SunX JPM-USDT | 0.0000% | 8h | 351.75 | −0.104% | $1K | $852K | 10x | as long as short |
Show 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 | −0.107% | $7K | $38K | 20x | as long as short |
| QFEX JPM-USDshort | +0.0003% | 1h | 351.94 | −0.050% | $1.1M | $2.6M | 10x | |
| KuCoin JPMUSDTM | +0.0100% | 8h | 352.11 | −0.002% | $155K | $908K | 20x | as long as short |
| edgeX JPMUSDC | +0.0473% | 4h | 351.92 | −0.054% | $36K | $172K | 10x | as long as short |
GRVT JPM_USDT_Perp
Injective JPM/USDC PERP
BloFin JPM-USDT
Aster JPMUSDT
Binance JPMUSDT
Bybit JPMUSDT
Gate JPM_USDT
Bitget JPMUSDT
Variational Omni JPM
SunX JPM-USDT
HTX JPM-USDT
KuCoin JPMUSDTM
edgeX JPMUSDC