Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: Binance against QFEX+0.017%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Funding, last 3 days (all we have)+0.026%+$3 on $10k
+Price spread, last 2 days (all we have)−0.013%−$1 · spread now +0.017%, 7d avg +0.024%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX JPM-USD | 352.16 | 0 | get 0.0000% / 1h | 25m 32s | $1.1M | $2.8M | 10x |
| Short | Binance JPMUSDT | 352.22 | 0 | get 0.0000% / 8h | 1h 25m | $931K | $476K | 20x |
QFEX JPM-USD
Binance JPMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.017% → +0.024%
- −$0.72
- Slippage, 4 orders
- −$29.38
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$50.1
- Costs to cover
- 0.494%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 2 min ago; Binance: live order book, 37 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 QFEX live order book, 2 min ago | 2.13 bp | 7.9 bp −$8 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Binance live order book, 37 min ago | 3.69 bp | 15.7 bp −$16 | 72.7 bp −$727 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX JPMUSDC | −0.0800% | 4h | 352.10 | −0.016% | $36K | $171K | 10x | as long as short |
| Injective JPM/USDC PERP | −0.0220% | 1h | 347.42 | −1.346% | $8K | $55K | 12x | as long as short |
| BloFin JPM-USDT | −0.0009% | 8h | 352.24 | +0.023% | $89K | $24K | 20x | as long as short |
| Aster JPMUSDT | 0.0000% | 8h | 352.40 | +0.068% | $3K | $437 | 20x | as long as short |
| Binance JPMUSDTshort | 0.0000% | 8h | 352.22 | +0.017% | $931K | $476K | 20x | |
| Bybit JPMUSDT | 0.0000% | 8h | 352.18 | +0.006% | $153K | $6.6M | 25x | as long as short |
| QFEX JPM-USDlong | 0.0000% | 1h | 352.16 | long leg | $1.1M | $2.8M | 10x | |
| Gate JPM_USDT | 0.0000% | 8h | 352.20 | +0.011% | $736K | $274K | 25x | as long as short |
| Bitget JPMUSDT | 0.0000% | 8h | 352.24 | +0.023% | $205K | $12K | 20x | as long as short |
| Variational Omni JPM | 0.0000% | 8h | 352.09 | −0.021% | $120K | $3K | — | as long as short |
edgeX JPMUSDC
Injective JPM/USDC PERP
BloFin JPM-USDT
Aster JPMUSDT
Bybit JPMUSDT
Gate JPM_USDT
Bitget JPMUSDT
Variational Omni JPMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT JPM_USDT_Perp | 0.0000% | 8h | 352.17 | +0.002% | $5K | $92K | 10x | as long as short |
| SunX JPM-USDT | 0.0000% | 8h | 351.96 | −0.057% | $1K | $894K | 10x | as long as short |
| HTX JPM-USDT | 0.0000% | 8h | 351.96 | −0.057% | $7K | $37K | 20x | as long as short |
| KuCoin JPMUSDTM | +0.0100% | 8h | 351.96 | −0.057% | $155K | $714K | 20x | as long as short |
GRVT JPM_USDT_Perp
SunX JPM-USDT
HTX JPM-USDT
KuCoin JPMUSDTM