JPM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0405%/8h= +44.3% APRnext payment +$4.05 per $10,000 · paid last 24h +0.010%

Price spread now: SunX against GRVT−0.020%74s7-day average — · you buy dearer than you sell

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

Long on GRVT Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.089%−$9 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$12 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.089% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.05 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT JPM_USDT_Perp	352.20	−0.0405	get 0.0405% / 8h	6h 57m	$5K	$80K	10x
Short	SunX JPM-USDT	352.13	0	get 0.0000% / 8h	6h 57m	$986	$792K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.020%Rate

Funding earned: $85.05
Price spread: −0.020% → 0.000%: −$1.99
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: $66.06
Costs to cover: 0.170%
Break-even: 1.6 days

Slippage unknown: GRVT: no order-book sample; SunX: live order book, 44 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 SunX live order book, 44 min ago	500.12 bp	doesn't fit	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
Gate JPM_USDT	−0.0852%	8h	352.28	+0.023%	$727K	$148K	25x	as long as short
GRVT JPM_USDT_Perplong	−0.0405%	8h	352.20	long leg	$5K	$80K	10x
Injective JPM/USDC PERP	−0.0220%	1h	345.91	−1.786%	$7K	$34K	12x	as long as short
BloFin JPM-USDT	0.0000%	8h	352.26	+0.017%	$90K	$28K	20x	as long as short
Aster JPMUSDT	0.0000%	8h	352.51	+0.088%	$3K	$388	20x	as long as short
Binance JPMUSDT	0.0000%	8h	352.28	+0.024%	$935K	$493K	20x	as long as short
Bybit JPMUSDT	0.0000%	8h	352.51	+0.088%	$154K	$1.1M	25x	as long as short
Bitget JPMUSDT	0.0000%	8h	352.06	−0.040%	$205K	$11K	20x	as long as short
Variational Omni JPM	0.0000%	8h	352.13	−0.018%	$120K	$6K	—	as long as short
SunX JPM-USDTshort	0.0000%	8h	352.13	−0.020%	$986	$792K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX JPM-USDT	0.0000%	8h	351.96	−0.068%	$7K	$39K	20x	as long as short
QFEX JPM-USD	+0.0019%	1h	352.09	−0.031%	$1.1M	$2.4M	10x	as long as short
KuCoin JPMUSDTM	+0.0100%	8h	352.20	0.000%	$155K	$986K	20x	as long as short
edgeX JPMUSDC	+0.0283%	4h	352.14	−0.018%	$36K	$172K	10x	as long as short