Funding you earn now, next payment 04:00 UTC−0.0452%/8h= −49.5% APRnext payment −$2.26 per $10,000 · paid last 24h −0.031%
Price spread now: Bitget against BingX−0.060%7-day average −0.207% · you buy dearer than you sell
Net, funding: paid 7d − costs−$348as in the Funding arb table
Net, price: spread back to 7d avg − costs−$304as in the Price arb table
costs, in and out, $10k−$3183.185% of the position
Funding, last 7 days−0.298%−$30 on $10k
+Price spread, last 7 days−0.187%−$19 · spread now −0.060%, 7d avg −0.207%
=The price spread pays, funding is against you. Bitget is 0.147% dearer against BingX than usual: you sell high and buy low (spread −0.060% now, against its 7-day average of −0.207%): +$15 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.298% in total) that is about 3.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.298% in total (about -15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX JCT-USDT | 0.001664 | 0.0552 | pay 0.0276% / 4h | 1h 20m | — | $1.3M | — |
| Short | Bitget JCTUSDT | 0.001663 | 0.0100 | get 0.0050% / 4h | 1h 20m | $2.2M | $150K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- −$95
- Price spread: −0.060% → −0.207%
- $14.65
- Slippage, 4 orders
- −$296.49
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$398.84
- Costs to cover
- 3.185%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Bitget: live order book, 2 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 BingX live order book, 10 min ago | 15.05 bp | 68.2 bp −$68 | 374.4 bp −$3,744 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 12.05 bp | 85.5 bp −$86 | 523.2 bp −$5,232 | 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 | 0.001664 | −0.030% | $1.2M | $284K | 20x | as long as short |
| Bitget JCTUSDTshort | +0.0100% | 4h | 0.001663 | −0.060% | $2.2M | $150K | 10x | |
| Gate JCT_USDT | +0.0276% | 4h | 0.001663 | −0.060% | $319K | $69K | 20x | as long as short |
| Binance JCTUSDT | +0.0524% | 4h | 0.001664 | 0.000% | $5.2M | $2.1M | 20x | as long as short |
| MEXC JCT_USDT | +0.0538% | 4h | 0.001664 | 0.000% | $509K | $179K | 50x | as long as short |
| BingX JCT-USDTlong | +0.0552% | 4h | 0.001664 | long leg | — | $1.3M | — | |
| Aster JCTUSDT | +0.1096% | 4h | 0.001662 | −0.149% | $124K | $9K | 5x | as long as short |
| KuCoin JCTUSDTM | +0.1366% | 4h | 0.001660 | −0.216% | $401K | $56K | 20x | as long as short |
BingX JCT-USDT
Bitget JCTUSDT
Bybit JCTUSDT
Gate JCT_USDT
Binance JCTUSDT
MEXC JCT_USDT
Aster JCTUSDT
KuCoin JCTUSDTM