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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX JCT-USDT | 0.001662 | 0.0538 | pay 0.0269% / 4h | 1h 18m | — | $1.3M | — |
| Short | Bybit JCTUSDT | 0.001661 | 0.0100 | get 0.0050% / 4h | 1h 18m | $1.2M | $284K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 2 min ago | 12.01 bp | 65.4 bp −$65 | 389.2 bp −$3,892 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 15.00 bp | 366.0 bp −$366 | 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 JCTUSDTshort | +0.0100% | 4h | 0.001661 | −0.030% | $1.2M | $284K | 20x | |
| Bitget JCTUSDT | +0.0100% | 4h | 0.001661 | −0.060% | $2.2M | $150K | 10x | as long as short |
| Gate JCT_USDT | +0.0256% | 4h | 0.001662 | 0.000% | $318K | $69K | 20x | as long as short |
| Binance JCTUSDT | +0.0497% | 4h | 0.001660 | −0.120% | $5.1M | $2.1M | 20x | as long as short |
| MEXC JCT_USDT | +0.0510% | 4h | 0.001661 | −0.060% | $509K | $180K | 50x | as long as short |
| BingX JCT-USDTlong | +0.0538% | 4h | 0.001662 | long leg | — | $1.3M | — | |
| Aster JCTUSDT | +0.1074% | 4h | 0.001660 | −0.106% | $124K | $9K | 5x | as long as short |
| KuCoin JCTUSDTM | +0.1334% | 4h | 0.001659 | −0.150% | $401K | $56K | 20x | as long as short |
BingX JCT-USDT
Bybit JCTUSDT
Bitget JCTUSDT
Gate JCT_USDT
Binance JCTUSDT
MEXC JCT_USDT
Aster JCTUSDT
KuCoin JCTUSDTM