Funding arb · Price arb /

JST

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%

Price spread now: HTX against Bitget−0.169%46s7-day average −0.095% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$800.795% of the position

Long on Bitget Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.050%+$5 on $10k

Price spread, last 4 days (all we have)−0.218%−$22 · spread now −0.169%, 7d avg −0.095%

Together, before fees−0.168%−$17 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: HTX is 0.074% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.095%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget JSTUSDT	0.1166	0.0100	pay 0.0050% / 4h	3h 32m	$2.0M	$609K	75x
Short	HTX JST-USDT	0.1164	0.0100	get 0.0050% / 4h	3h 32m	$1.0M	$61K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee BitgetbpFee HTXbpOrdersPrice spread, now −0.169%Rate

Funding earned: $0
Price spread: −0.169% → −0.095%: −$7.43
Slippage, 4 orders: −$55.52
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$86.95
Costs to cover: 0.795%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; HTX: live order book, 1 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 Bitget live order book, 5 min ago	0.43 bp	29.5 bp −$29	100.9 bp −$1,009	doesn't fit	doesn't fit
Sell HTX live order book, 1 min ago	4.42 bp	10.5 bp −$11	doesn't fit	doesn't fit	doesn't fit

JST on 9 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
BingX JST-USDT	+0.0036%	4h	0.1166	−0.043%	—	$2.3M	—	as long as short
Binance JSTUSDT	+0.0100%	4h	0.1166	0.000%	$7.0M	$8.6M	75x	as long as short
Bybit JSTUSDT	+0.0100%	8h	0.1166	−0.043%	$1.9M	$1.3M	75x	as long as short
Gate JST_USDT	+0.0100%	4h	0.1165	−0.111%	$170K	$75K	25x	as long as short
MEXC JST_USDT	+0.0100%	4h	0.1166	+0.009%	$1.9M	$527K	50x	as long as short
Bitget JSTUSDTlong	+0.0100%	4h	0.1166	long leg	$2.0M	$609K	75x
Variational Omni JST	+0.0100%	8h	0.1163	−0.282%	$11K	$98K	—	as long as short
SunX JST-USDT	+0.0100%	4h	0.1165	−0.127%	$445K	$1.3M	20x	as long as short
HTX JST-USDTshort	+0.0100%	4h	0.1164	−0.169%	$1.0M	$61K	75x