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

JPM

RWAall JPM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.2% APRnext payment $0.01 per $10,000 · paid last 24h +0.006%
Price spread now: BloFin against SunX+0.068%55s7-day average · you sell dearer than you buy
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 7 days+0.058%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.068% dearer against SunX than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX JPM-USDT351.750get 0.0000% / 8h2h 51m$1K$852K10x
ShortBloFin JPM-USDT351.99−0.0001pay 0.0001% / 8h2h 51m$90K$27K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
−$0.3
Price spread: +0.068% → 0.000%
$6.82
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$13.48
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 20 min ago; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 20 min ago500.14 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective JPM/USDC PERP−0.0220%1h348.46−0.935%$7K$45K12xas long as short
edgeX JPMUSDC−0.0214%4h351.92+0.050%$36K$171K10xas long as short
BloFin JPM-USDTshort−0.0001%8h351.99+0.068%$90K$27K20x
Aster JPMUSDT0.0000%8h352.12+0.106%$3K$43720xas long as short
Binance JPMUSDT0.0000%8h352.00+0.071%$933K$488K20xas long as short
Bybit JPMUSDT0.0000%8h352.20+0.128%$153K$1.1M25xas long as short
Gate JPM_USDT0.0000%8h352.04+0.082%$731K$222K25xas long as short
Bitget JPMUSDT0.0000%8h352.07+0.091%$205K$11K20xas long as short
Variational Omni JPM0.0000%8h351.92+0.049%$119K$7Kas long as short
GRVT JPM_USDT_Perp0.0000%8h352.05+0.084%$5K$80K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX JPM-USDTlong0.0000%8h351.75long leg$1K$852K10x
HTX JPM-USDT0.0000%8h351.74−0.003%$7K$38K20xas long as short
QFEX JPM-USD+0.0003%1h351.94+0.054%$1.1M$2.6M10xas long as short
KuCoin JPMUSDTM+0.0100%8h351.96+0.060%$155K$908K20xas long as short