Funding arb · Price arb /

JPM

RWAall JPM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0193%/8h= −21.2% APRpaid last 24h +0.012%

Price spread now: edgeX against HTX+0.044%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 edgeX

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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. edgeX is 0.044% dearer against HTX than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX JPM-USDT	352.57	0	get 0.0000% / 8h	4h 50m	$7K	$38K	20x
Short	edgeX JPMUSDC	352.73	−0.0193	pay 0.0097% / 4h	50m 18s	$36K	$171K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$40.63
Price spread: +0.044% → 0.000%: $4.41
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$57.22
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: HTX: no order-book sample; edgeX: live order book, 54 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 edgeX live order book, 54 min ago	5.25 bp	12.9 bp −$13	doesn't fit	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 exchanges

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	−0.0417%	8h	352.84	+0.077%	$728K	$135K	25x	as long as short
edgeX JPMUSDCshort	−0.0193%	4h	352.73	+0.044%	$36K	$171K	10x
QFEX JPM-USD	−0.0160%	1h	352.60	+0.009%	$1.1M	$2.4M	10x	as long as short
Aster JPMUSDT	0.0000%	8h	352.69	+0.034%	$3K	$388	20x	as long as short
Binance JPMUSDT	0.0000%	8h	352.83	+0.074%	$936K	$442K	20x	as long as short
Bybit JPMUSDT	0.0000%	8h	352.84	+0.077%	$154K	$55K	25x	as long as short
Bitget JPMUSDT	0.0000%	8h	352.64	+0.020%	$205K	$10K	20x	as long as short
Variational Omni JPM	0.0000%	8h	352.72	+0.043%	$120K	$6K	—	as long as short
GRVT JPM_USDT_Perp	0.0000%	8h	352.82	+0.071%	$5K	$81K	10x	as long as short
SunX JPM-USDT	0.0000%	8h	352.67	+0.028%	$1K	$686K	10x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX JPM-USDTlong	0.0000%	8h	352.57	long leg	$7K	$38K	20x
BloFin JPM-USDT	+0.0020%	8h	352.83	+0.074%	$91K	$28K	20x	as long as short
Injective JPM/USDC PERP	+0.0033%	1h	349.24	−0.944%	$7K	$34K	12x	as long as short
KuCoin JPMUSDTM	+0.0100%	8h	352.56	−0.003%	$155K	$1.1M	20x	as long as short