Funding you earn now, next payment 04:00 UTC−0.0267%/8h= −29.2% APRnext payment −$1.33 per $10,000 · paid last 24h +0.017%
Price spread now: Binance against Bitget+0.299%7-day average +0.227% · you sell dearer than you buy
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1901.904% of the position
Funding, last 7 days+0.167%+$17 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.299%, 7d avg +0.227%
=The price spread pays, funding is against you. Binance is 0.072% dearer against Bitget than usual: you sell high and buy low (spread +0.299% now, against its 7-day average of +0.227%): +$7 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 22 hours. Mind the row above: over the last 7 days funding on this pair paid +0.167%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.167% in total (about 8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.33 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 | Bitget JCTUSDT | 0.001670 | 0.1132 | pay 0.0566% / 4h | 3h 44m | $2.2M | $137K | 10x |
| Short | Binance JCTUSDT | 0.001675 | 0.0865 | get 0.0433% / 4h | 3h 44m | $5.2M | $1.9M | 20x |
Bitget JCTUSDT
Binance JCTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$55.99
- Price spread: +0.299% → +0.227%
- $7.21
- Slippage, 4 orders
- −$168.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$239.18
- Costs to cover
- 1.904%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 9 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 Bitget live order book, 3 min ago | 12.01 bp | 58.0 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 3.00 bp | 33.2 bp −$33 | 399.1 bp −$3,991 | 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 | 0.001671 | +0.060% | $1.2M | $267K | 20x | as long as short |
| Gate JCT_USDT | +0.0100% | 4h | 0.001671 | +0.060% | $321K | $64K | 20x | as long as short |
| MEXC JCT_USDT | +0.0864% | 4h | 0.001675 | +0.299% | $515K | $155K | 50x | as long as short |
| Binance JCTUSDTshort | +0.0865% | 4h | 0.001675 | +0.299% | $5.2M | $1.9M | 20x | |
| BingX JCT-USDT | +0.1076% | 4h | 0.001674 | +0.240% | — | $1.3M | — | as long as short |
| Bitget JCTUSDTlong | +0.1132% | 4h | 0.001670 | long leg | $2.2M | $137K | 10x | |
| Aster JCTUSDT | +0.1497% | 4h | 0.001671 | +0.053% | $121K | $6K | 5x | as long as short |
| KuCoin JCTUSDTM | +0.1568% | 4h | 0.001665 | −0.281% | $392K | $50K | 20x | as long as short |
Bybit JCTUSDT
Gate JCT_USDT
MEXC JCT_USDT
BingX JCT-USDT
Aster JCTUSDT
KuCoin JCTUSDTM