Funding arb · Price arb /

JPM

RWAall JPM markets

Swap Backtest

Alert: funding

Alert: spread

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 HTX+0.051%7-day average — · you sell dearer than you buy

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

Long on HTX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.051% dearer against HTX than usual: you sell high and buy low, +$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	HTX JPM-USDT	351.95	0	get 0.0000% / 8h	4h 46m	$7K	$38K	20x
Short	Binance JPMUSDT	352.13	0	get 0.0000% / 8h	4h 46m	$929K	$488K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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 HTXbpFee BinancebpOrdersPrice spread, now +0.051%Rate

Funding earned: $0
Price spread: +0.051% → 0.000%: $5.12
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$16.88
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: HTX: no order-book sample; Binance: live order book, 16 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 HTX no order-book sample	—	—	—	—	—
Sell Binance live order book, 16 min ago	0.14 bp	11.5 bp −$11	54.3 bp −$543	doesn't fit	doesn't fit

HTX: 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	348.41	−1.006%	$7K	$45K	12x	as long as short
BloFin JPM-USDT	−0.0010%	8h	352.05	+0.028%	$90K	$27K	20x	as long as short
Aster JPMUSDT	0.0000%	8h	352.15	+0.058%	$3K	$437	20x	as long as short
Binance JPMUSDTshort	0.0000%	8h	352.13	+0.051%	$929K	$488K	20x
Bybit JPMUSDT	0.0000%	8h	352.18	+0.065%	$154K	$1.1M	25x	as long as short
Gate JPM_USDT	0.0000%	8h	352.09	+0.040%	$731K	$232K	25x	as long as short
Bitget JPMUSDT	0.0000%	8h	352.15	+0.057%	$205K	$11K	20x	as long as short
Variational Omni JPM	0.0000%	8h	352.10	+0.042%	$119K	$7K	—	as long as short
GRVT JPM_USDT_Perp	0.0000%	8h	352.17	+0.063%	$5K	$84K	10x	as long as short
SunX JPM-USDT	0.0000%	8h	352.16	+0.060%	$1K	$860K	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-USDTlong	0.0000%	8h	351.95	long leg	$7K	$38K	20x
QFEX JPM-USD	+0.0007%	1h	351.99	+0.011%	$1.1M	$2.8M	10x	as long as short
KuCoin JPMUSDTM	+0.0100%	8h	352.11	+0.045%	$155K	$872K	20x	as long as short
edgeX JPMUSDC	+0.0469%	4h	352.10	+0.044%	$36K	$172K	10x	as long as short