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

JASMY

all JASMY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.1314%/8h= +143.8% APRpaid last 24h +0.064%
Price spread now: Kraken Futures against Bitget+0.195%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$231as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$2032.025% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.285%−$28 on $10k
Price spread, last 4 days (all we have)−0.316%−$32 · spread now +0.195%, 7d avg +0.071%
Together, before fees−0.600%−$60 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and Kraken Futures is 0.123% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.071%. Mind the row above: over the last 7 days funding on this pair cost −0.285%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.285% in total (about -14.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget JASMYUSDT0.0043550.0100pay 0.0100% / 8h59m 53s$1.7M$578K50x
ShortKraken Futures PF_JASMYUSD0.0043630.1414get 0.0177% / 1h59m 53s$255K$261K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. 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
$275.84
Price spread: +0.195% → +0.071%
$12.33
Slippage, 4 orders
−$180.53
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$85.63
Costs to cover
2.025%
Break-even
4.8 days
Slippage from Bitget: live order book, 2 min ago; Kraken Futures: live order book, 43 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago4.59 bp24.8 bp −$2580.2 bp −$802doesn't fitdoesn't fit
Sell Kraken Futures live order book, 43 min ago35.40 bp79.5 bp −$80doesn't fitdoesn't fitdoesn't fit

JASMY 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
Variational Omni JASMY+0.0056%8h0.004349−0.132%$124K$33Kas long as short
Coinbase International JASMY-PERP-INTX+0.0096%1h0.004369+0.321%$16K$22K25xas long as short
Aster JASMYUSDT+0.0100%8h0.004359+0.095%$6K$23K5xas long as short
Binance JASMYUSDT+0.0100%8h0.004358+0.066%$3.5M$5.4M75xas long as short
Bybit JASMYUSDT+0.0100%8h0.004351−0.092%$3.7M$2.4M75xas long as short
Gate JASMY_USDT+0.0100%8h0.0043550.000%$466K$316K75xas long as short
MEXC JASMY_USDT+0.0100%8h0.004359+0.092%$10.0M$2.7M200xas long as short
KuCoin JASMYUSDTM+0.0100%8h0.004359+0.092%$3.3M$2.6M50xas long as short
Bitget JASMYUSDTlong+0.0100%8h0.004355long leg$1.7M$578K50x
BingX JASMY-USDT+0.0100%8h0.004354−0.023%$7.8Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended JASMY-USD+0.0104%1h0.004358+0.071%$2K$265K10xas long as short
BloFin JASMY-USDT+0.0220%8h0.004361+0.138%$225K$221K75xas long as short
Deribit JASMY_USDC-PERPETUAL+0.1356%1h0.004365+0.230%10xas long as short
Kraken Futures PF_JASMYUSDshort+0.1414%1h0.004363+0.195%$255K$261K20x