Funding you earn now, next payment 04:00 UTC+0.0784%/8h= +85.8% APRnext payment +$3.92 per $10,000 · paid last 24h +0.077%
Price spread now: KuCoin against BingX−0.096%7-day average −0.299% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,674as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,628as in the Price arb table
costs, in and out, $10k−$1,64816.480% of the position
Funding, last 7 days−0.259%−$26 on $10k
+Price spread, last 4 days (all we have)−0.345%−$34 · spread now −0.096%, 7d avg −0.299%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and KuCoin is 0.203% dearer against BingX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.299%. Mind the row above: over the last 7 days funding on this pair cost −0.259%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.259% in total (about -13.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.92 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 | 0.001659 | 0.0484 | pay 0.0242% / 4h | 1h 14m | — | $1.3M | — |
| Short | KuCoin JCTUSDTM | 0.001657 | 0.1268 | get 0.0634% / 4h | 1h 14m | $400K | $56K | 20x |
BingX JCT-USDT
KuCoin JCTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $164.64
- Price spread: −0.096% → −0.299%
- $20.31
- Slippage, 4 orders
- −$1,626.03
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,463.08
- Costs to cover
- 16.480%
- Break-even
- 69.2 days
Slippage from BingX: live order book, 6 min ago; KuCoin: live order book, 8 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, 6 min ago | 12.01 bp | 65.4 bp −$65 | 389.2 bp −$3,892 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 11.14 bp | 728.9 bp −$729 | 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 | 0.001660 | +0.054% | $1.2M | $284K | 20x | as long as short |
| Bitget JCTUSDT | +0.0100% | 4h | 0.001659 | 0.000% | $2.2M | $150K | 10x | as long as short |
| Gate JCT_USDT | +0.0220% | 4h | 0.001660 | +0.060% | $318K | $69K | 20x | as long as short |
| MEXC JCT_USDT | +0.0468% | 4h | 0.001657 | −0.121% | $508K | $180K | 50x | as long as short |
| Binance JCTUSDT | +0.0470% | 4h | 0.001657 | −0.121% | $5.1M | $2.1M | 20x | as long as short |
| BingX JCT-USDTlong | +0.0484% | 4h | 0.001659 | long leg | — | $1.3M | — | |
| Aster JCTUSDT | +0.1033% | 4h | 0.001657 | −0.095% | $123K | $9K | 5x | as long as short |
| KuCoin JCTUSDTMshort | +0.1268% | 4h | 0.001657 | −0.096% | $400K | $56K | 20x |
Bybit JCTUSDT
Bitget JCTUSDT
Gate JCT_USDT
MEXC JCT_USDT
Binance JCTUSDT
Aster JCTUSDT