Funding you earn now, next payment 06:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h −0.013%
Price spread now: GRVT against QFEX+0.050%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.050% dearer against QFEX than usual: you sell high and buy low, +$5 on $10k if it 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 | QFEX JPM-USD | 351.94 | 0.0003 | pay 0.0000% / 1h | 51m 12s | $1.1M | $2.6M | 10x |
| Short | GRVT JPM_USDT_Perp | 352.12 | 0 | get 0.0000% / 8h | 2h 51m | $5K | $81K | 10x |
QFEX JPM-USD
GRVT JPM_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$0.6
- Price spread: +0.050% → 0.000%
- $5.01
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$14.59
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 7 min ago; GRVT: no order-book sample. 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 QFEX live order book, 7 min ago | 1.56 bp | 6.6 bp −$7 | 14.1 bp −$141 | doesn't fit | doesn't fit |
| Sell GRVT no order-book sample | — | — | — | — | — |
GRVT: 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 PERP | −0.0220% | 1h | 348.46 | −0.989% | $7K | $45K | 12x | as long as short |
| Aster JPMUSDT | 0.0000% | 8h | 352.11 | +0.048% | $3K | $437 | 20x | as long as short |
| Binance JPMUSDT | 0.0000% | 8h | 352.00 | +0.017% | $933K | $488K | 20x | as long as short |
| Bybit JPMUSDT | 0.0000% | 8h | 352.20 | +0.074% | $153K | $1.1M | 25x | as long as short |
| Gate JPM_USDT | 0.0000% | 8h | 352.05 | +0.031% | $731K | $222K | 25x | as long as short |
| Bitget JPMUSDT | 0.0000% | 8h | 352.15 | +0.060% | $205K | $11K | 20x | as long as short |
| Variational Omni JPM | 0.0000% | 8h | 351.92 | −0.005% | $119K | $7K | — | as long as short |
| GRVT JPM_USDT_Perpshort | 0.0000% | 8h | 352.12 | +0.050% | $5K | $81K | 10x | |
| SunX JPM-USDT | 0.0000% | 8h | 351.75 | −0.054% | $1K | $852K | 10x | as long as short |
| HTX JPM-USDT | 0.0000% | 8h | 351.74 | −0.057% | $7K | $38K | 20x | as long as short |
Injective JPM/USDC PERP
Aster JPMUSDT
Binance JPMUSDT
Bybit JPMUSDT
Gate JPM_USDT
Bitget JPMUSDT
Variational Omni JPM
SunX JPM-USDT
HTX JPM-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX JPM-USDlong | +0.0003% | 1h | 351.94 | long leg | $1.1M | $2.6M | 10x | |
| BloFin JPM-USDT | +0.0015% | 8h | 352.04 | +0.028% | $90K | $27K | 20x | as long as short |
| KuCoin JPMUSDTM | +0.0100% | 8h | 351.94 | 0.000% | $155K | $909K | 20x | as long as short |
| edgeX JPMUSDC | +0.0473% | 4h | 351.92 | −0.004% | $36K | $172K | 10x | as long as short |
BloFin JPM-USDT
KuCoin JPMUSDTM
edgeX JPMUSDC