JPM

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0223%/8h= +24.4% APRnext payment +$0.28 per $10,000 · paid last 24h +0.070%

Price spread now: QFEX against Injective+0.999%7-day average — · you sell dearer than you buy

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

Long on Injective Short on QFEX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and QFEX is 0.999% dearer against Injective than usual: you sell high and buy low: +$100 more if the spread 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	Injective JPM/USDC PERP	348.46	−0.0220	get 0.0028% / 1h	51m 53s	$7K	$45K	12x
Short	QFEX JPM-USD	351.94	0.0003	get 0.0000% / 1h	51m 53s	$1.1M	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Injective. 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 InjectivebpFee QFEXbpOrdersPrice spread, now +0.999%Rate

Funding earned: $46.8
Price spread: +0.999% → 0.000%: $99.87
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee QFEX: 5 bp × 2 orders: −$10
Net: $136.65
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: 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 Injective 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

Injective: 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 PERPlong	−0.0220%	1h	348.46	long leg	$7K	$45K	12x
edgeX JPMUSDC	−0.0214%	4h	351.92	+0.994%	$36K	$171K	10x	as long as short
BloFin JPM-USDT	−0.0001%	8h	351.99	+1.013%	$90K	$27K	20x	as long as short
Aster JPMUSDT	0.0000%	8h	352.12	+1.051%	$3K	$437	20x	as long as short
Binance JPMUSDT	0.0000%	8h	352.00	+1.016%	$933K	$488K	20x	as long as short
Bybit JPMUSDT	0.0000%	8h	352.20	+1.073%	$153K	$1.1M	25x	as long as short
Gate JPM_USDT	0.0000%	8h	352.04	+1.027%	$731K	$222K	25x	as long as short
Bitget JPMUSDT	0.0000%	8h	352.07	+1.036%	$205K	$11K	20x	as long as short
Variational Omni JPM	0.0000%	8h	351.92	+0.994%	$119K	$7K	—	as long as short
GRVT JPM_USDT_Perp	0.0000%	8h	352.05	+1.029%	$5K	$80K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX JPM-USDT	0.0000%	8h	351.75	+0.944%	$1K	$852K	10x	as long as short
HTX JPM-USDT	0.0000%	8h	351.74	+0.941%	$7K	$38K	20x	as long as short
QFEX JPM-USDshort	+0.0003%	1h	351.94	+0.999%	$1.1M	$2.6M	10x
KuCoin JPMUSDTM	+0.0100%	8h	351.96	+1.004%	$155K	$908K	20x	as long as short