Funding you earn now, next payment 01:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.004%
Price spread now: Bitget against QFEX−0.017%7-day average −0.116% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$720.718% of the position
Funding, last 3 days (all we have)−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.017%, 7d avg −0.116%
=The price spread pays, funding is against you. Bitget is 0.099% dearer against QFEX than usual: you sell high and buy low (spread −0.017% now, against its 7-day average of −0.116%): +$10 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 33 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX JPM-USD | 351.71 | 0.0010 | pay 0.0001% / 1h | 9m 39s | $1.1M | $3.0M | 10x |
| Short | Bitget JPMUSDT | 351.65 | 0 | get 0.0000% / 8h | 7h 09m | $205K | $11K | 20x |
QFEX JPM-USD
Bitget JPMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$2.12
- Price spread: −0.017% → −0.116%
- $9.91
- Slippage, 4 orders
- −$49.76
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$63.97
- Costs to cover
- 0.718%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; Bitget: live order book, 55 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, 3 min ago | 1.28 bp | 6.8 bp −$7 | 16.1 bp −$161 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 55 min ago | 16.75 bp | 34.9 bp −$35 | 42.0 bp −$420 | 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 | −0.0546% | 4h | 351.74 | +0.007% | $36K | $171K | 10x | as long as short |
| Injective JPM/USDC PERP | −0.0220% | 1h | 348.38 | −0.947% | $7K | $45K | 12x | as long as short |
| BloFin JPM-USDT | −0.0027% | 8h | 351.81 | +0.028% | — | $25K | 20x | as long as short |
| Aster JPMUSDT | 0.0000% | 8h | 351.75 | +0.010% | $3K | $437 | 20x | as long as short |
| Binance JPMUSDT | 0.0000% | 8h | 351.81 | +0.028% | $924K | $487K | 20x | as long as short |
| Bybit JPMUSDT | 0.0000% | 8h | 351.97 | +0.074% | $152K | $5.8M | 25x | as long as short |
| Gate JPM_USDT | 0.0000% | 8h | 351.89 | +0.051% | $734K | $266K | 25x | as long as short |
| Bitget JPMUSDTshort | 0.0000% | 8h | 351.65 | −0.017% | $205K | $11K | 20x | |
| Variational Omni JPM | 0.0000% | 8h | 351.73 | +0.006% | $117K | $5K | — | as long as short |
| GRVT JPM_USDT_Perp | 0.0000% | 8h | 351.92 | +0.060% | $5K | $83K | 10x | as long as short |
edgeX JPMUSDC
Injective JPM/USDC PERP
BloFin JPM-USDT
Aster JPMUSDT
Binance JPMUSDT
Bybit JPMUSDT
Gate JPM_USDT
Variational Omni JPM
GRVT JPM_USDT_PerpShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX JPM-USDT | 0.0000% | 8h | 351.82 | +0.031% | $711 | $896K | 10x | as long as short |
| HTX JPM-USDT | 0.0000% | 8h | 351.54 | −0.048% | $7K | $38K | 20x | as long as short |
| QFEX JPM-USDlong | +0.0010% | 1h | 351.71 | long leg | $1.1M | $3.0M | 10x | |
| KuCoin JPMUSDTM | +0.0100% | 8h | 351.83 | +0.034% | $155K | $771K | 20x | as long as short |
SunX JPM-USDT
HTX JPM-USDT
KuCoin JPMUSDTM