Funding you earn now, next payment 04:00 UTC−0.0244%/8h= −26.8% APRnext payment −$1.22 per $10,000 · paid last 24h −0.008%
Price spread now: Gate against Binance+0.120%7-day average −0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$666as in the Funding arb table
Net, price: spread back to 7d avg − costs−$617as in the Price arb table
costs, in and out, $10k−$6446.441% of the position
Funding, last 7 days−0.217%−$22 on $10k
+Price spread, last 4 days (all we have)−0.215%−$21 · spread now +0.120%, 7d avg −0.152%
=The price spread pays, funding is against you. Gate is 0.273% dearer against Binance than usual: you sell high and buy low (spread +0.120% now, against its 7-day average of −0.152%): +$27 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.7 days. At the pace of the last 7 days (−0.217% in total) that is about 8.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance JCTUSDT | 0.001662 | 0.0510 | pay 0.0255% / 4h | 1h 19m | $5.1M | $2.1M | 20x |
| Short | Gate JCT_USDT | 0.001664 | 0.0266 | get 0.0133% / 4h | 1h 19m | $319K | $69K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$51.34
- Price spread: +0.120% → −0.152%
- $27.27
- Slippage, 4 orders
- −$619.06
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$668.13
- Costs to cover
- 6.441%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Gate: live order book, 41 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 Binance live order book, 4 min ago | 3.01 bp | 65.3 bp −$65 | 643.5 bp −$6,435 | doesn't fit | doesn't fit |
| Sell Gate live order book, 41 min ago | 8.73 bp | 269.1 bp −$269 | doesn't fit | doesn't fit | doesn't fit |
JCT on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit JCTUSDT | +0.0100% | 4h | 0.001661 | −0.030% | $1.2M | $284K | 20x | as long as short |
| Bitget JCTUSDT | +0.0100% | 4h | 0.001661 | −0.060% | $2.2M | $150K | 10x | as long as short |
| Gate JCT_USDTshort | +0.0266% | 4h | 0.001664 | +0.120% | $319K | $69K | 20x | |
| Binance JCTUSDTlong | +0.0510% | 4h | 0.001662 | long leg | $5.1M | $2.1M | 20x | |
| MEXC JCT_USDT | +0.0524% | 4h | 0.001662 | 0.000% | $512K | $179K | 50x | as long as short |
| BingX JCT-USDT | +0.0538% | 4h | 0.001663 | +0.060% | — | $1.3M | — | as long as short |
| Aster JCTUSDT | +0.1085% | 4h | 0.001661 | −0.038% | $124K | $9K | 5x | as long as short |
| KuCoin JCTUSDTM | +0.1350% | 4h | 0.001660 | −0.102% | $401K | $56K | 20x | as long as short |
Binance JCTUSDT
Gate JCT_USDT
Bybit JCTUSDT
Bitget JCTUSDT
MEXC JCT_USDT
BingX JCT-USDT
Aster JCTUSDT
KuCoin JCTUSDTM