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

JCT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0438%/8h= −48.0% APRnext payment $2.19 per $10,000 · paid last 24h −0.085%
Price spread now: Bybit against BingX−0.030%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$982as in the Funding arb table
Net, price: spread back to 7d avg − costs−$933as in the Price arb table
costs, in and out, $10k−$9259.254% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.563%−$56 on $10k
Price spread, last 7 days+0.153%+$15 · spread now −0.030%, 7d avg +0.043%
Together, before fees−0.409%−$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bybit is 0.073% cheaper against BingX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.043%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX JCT-USDT0.0016620.0538pay 0.0269% / 4h1h 18m$1.3M
ShortBybit JCTUSDT0.0016610.0100get 0.0050% / 4h1h 18m$1.2M$284K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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
−$91.98
Price spread: −0.030% → +0.043%
−$7.26
Slippage, 4 orders
−$904.42
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,024.66
Costs to cover
9.254%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; Bybit: live order book, 2 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 BingX live order book, 2 min ago12.01 bp65.4 bp −$65389.2 bp −$3,892doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago15.00 bp366.0 bp −$366doesn't fitdoesn't fitdoesn't fit

JCT on 8 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
Bybit JCTUSDTshort+0.0100%4h0.001661−0.030%$1.2M$284K20x
Bitget JCTUSDT+0.0100%4h0.001661−0.060%$2.2M$150K10xas long as short
Gate JCT_USDT+0.0256%4h0.0016620.000%$318K$69K20xas long as short
Binance JCTUSDT+0.0497%4h0.001660−0.120%$5.1M$2.1M20xas long as short
MEXC JCT_USDT+0.0510%4h0.001661−0.060%$509K$180K50xas long as short
BingX JCT-USDTlong+0.0538%4h0.001662long leg$1.3M
Aster JCTUSDT+0.1074%4h0.001660−0.106%$124K$9K5xas long as short
KuCoin JCTUSDTM+0.1334%4h0.001659−0.150%$401K$56K20xas long as short