JPM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Bitget against KuCoin−0.017%7-day average −0.108% · you buy dearer than you sell

Net, funding: paid 7d − costs−$631as in the Funding arb table

Net, price: spread back to 7d avg − costs−$601as in the Price arb table

costs, in and out, $10k−$6106.103% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 4 days (all we have)−0.083%−$8 · spread now −0.017%, 7d avg −0.108%

Together, before fees−0.293%−$29 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.091% dearer against KuCoin than usual: you sell high and buy low (spread −0.017% now, against its 7-day average of −0.108%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin JPMUSDTM	352.68	0.0100	pay 0.0100% / 8h	4h 47m	$155K	$1.1M	20x
Short	Bitget JPMUSDT	352.62	0	get 0.0000% / 8h	4h 47m	$205K	$10K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now −0.017%Rate

Funding earned: −$21
Price spread: −0.017% → −0.108%: $9.14
Slippage, 4 orders: −$586.25
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$622.11
Costs to cover: 6.103%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 50 min ago.

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 KuCoin live order book, 5 min ago	20.28 bp	334.0 bp −$334	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 50 min ago	13.21 bp	42.5 bp −$42	62.2 bp −$622	doesn't fit	doesn't fit

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
edgeX JPMUSDC	−0.0450%	4h	352.73	+0.013%	$36K	$172K	10x	as long as short
Gate JPM_USDT	−0.0389%	8h	352.84	+0.045%	$728K	$136K	25x	as long as short
QFEX JPM-USD	−0.0160%	1h	352.67	−0.003%	$1.1M	$2.4M	10x	as long as short
BloFin JPM-USDT	−0.0020%	8h	352.80	+0.034%	$91K	$28K	20x	as long as short
Aster JPMUSDT	0.0000%	8h	352.68	+0.001%	$3K	$388	20x	as long as short
Binance JPMUSDT	0.0000%	8h	352.81	+0.037%	$936K	$441K	20x	as long as short
Bybit JPMUSDT	0.0000%	8h	352.84	+0.045%	$154K	$55K	25x	as long as short
Bitget JPMUSDTshort	0.0000%	8h	352.62	−0.017%	$205K	$10K	20x
Variational Omni JPM	0.0000%	8h	352.72	+0.012%	$120K	$6K	—	as long as short
GRVT JPM_USDT_Perp	0.0000%	8h	352.82	+0.041%	$5K	$80K	10x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX JPM-USDT	0.0000%	8h	352.69	+0.003%	$1K	$683K	10x	as long as short
HTX JPM-USDT	0.0000%	8h	352.56	−0.034%	$7K	$38K	20x	as long as short
Injective JPM/USDC PERP	+0.0033%	1h	349.24	−0.975%	$7K	$34K	12x	as long as short
KuCoin JPMUSDTMlong	+0.0100%	8h	352.68	long leg	$155K	$1.1M	20x