Settings8H · net · $10k
Funding arb · Price arb /

JPM

RWAall JPM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: SunX against QFEX−0.017%7-day average −0.053% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.008%−$1 on $10k
Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.017%, 7d avg −0.053%
Together, before fees+0.021%+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.036% dearer against QFEX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX JPM-USD351.970.0000pay 0.0000% / 1h48m 30s$1.1M$2.7M10x
ShortSunX JPM-USDT351.910get 0.0000% / 8h3h 48m$1K$856K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against QFEX. 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

Funding earned
−$0.02
Price spread: −0.017% → −0.053%
$3.59
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$14.43
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 4 min ago; SunX: live order book, 34 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 4 min ago52.13 bp57.6 bp −$5866.2 bp −$662doesn't fitdoesn't fit
Sell SunX live order book, 34 min ago500.11 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

JPM on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective JPM/USDC PERP−0.0220%1h348.49−0.989%$7K$45K12xas long as short
edgeX JPMUSDC−0.0194%4h351.95−0.004%$36K$171K10xas long as short
BloFin JPM-USDT−0.0001%8h352.01+0.011%$89K$27K20xas long as short
Aster JPMUSDT0.0000%8h352.07+0.030%$3K$43720xas long as short
Binance JPMUSDT0.0000%8h352.05+0.023%$929K$486K20xas long as short
Bybit JPMUSDT0.0000%8h352.39+0.119%$154K$1.1M25xas long as short
Gate JPM_USDT0.0000%8h352.01+0.011%$731K$225K25xas long as short
Bitget JPMUSDT0.0000%8h352.07+0.028%$205K$11K20xas long as short
Variational Omni JPM0.0000%8h352.00+0.009%$119K$7Kas long as short
GRVT JPM_USDT_Perp0.0000%8h352.05+0.023%$5K$82K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX JPM-USDTshort0.0000%8h351.91−0.017%$1K$856K10x
HTX JPM-USDT0.0000%8h351.82−0.043%$7K$38K20xas long as short
QFEX JPM-USDlong0.0000%1h351.97long leg$1.1M$2.7M10x
KuCoin JPMUSDTM+0.0100%8h351.76−0.060%$156K$886K20xas long as short