Funding you earn now, next payment 08:00 UTC+0.2472%/8h= +270.7% APRnext payment +$12.36 per $10,000 · paid last 24h +0.167%
Price spread now: KuCoin against Bitget+0.154%7-day average −0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,544as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,533as in the Price arb table
costs, in and out, $10k−$1,55915.592% of the position
Funding, last 7 days+0.154%+$15 on $10k
+Price spread, last 4 days (all we have)−0.353%−$35 · spread now +0.154%, 7d avg −0.107%
=Both sides work for this trade now. Funding pays +$74 a day on $10k at the current rate, and KuCoin is 0.261% dearer against Bitget than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.107%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.154% in total (about 8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.36 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 | 0.001684 | 0.0236 | pay 0.0118% / 4h | 2h 38m | $2.2M | $151K | 10x |
| Short | KuCoin JCTUSDTM | 0.001687 | 0.2708 | get 0.1354% / 4h | 2h 38m | $407K | $55K | 20x |
Bitget JCTUSDT
KuCoin JCTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $519.12
- Price spread: +0.154% → −0.107%
- $26.14
- Slippage, 4 orders
- −$1,535.21
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,013.95
- Costs to cover
- 15.592%
- Break-even
- 20.7 days
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 20 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, 4 min ago | 5.95 bp | 64.9 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 20 min ago | 53.48 bp | 689.1 bp −$689 | 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 | 0.001687 | +0.172% | $1.2M | $290K | 20x | as long as short |
| Bitget JCTUSDTlong | +0.0236% | 4h | 0.001684 | long leg | $2.2M | $151K | 10x | |
| MEXC JCT_USDT | +0.0282% | 4h | 0.001685 | +0.059% | $549K | $186K | 50x | as long as short |
| Binance JCTUSDT | +0.0283% | 4h | 0.001686 | +0.126% | $5.2M | $2.1M | 20x | as long as short |
| BingX JCT-USDT | +0.0324% | 4h | 0.001685 | +0.059% | — | $1.3M | — | as long as short |
| Gate JCT_USDT | +0.0376% | 4h | 0.001685 | +0.059% | $323K | $70K | 20x | as long as short |
| Aster JCTUSDT | +0.0900% | 4h | 0.001682 | −0.108% | $126K | $10K | 5x | as long as short |
| KuCoin JCTUSDTMshort | +0.2708% | 4h | 0.001687 | +0.154% | $407K | $55K | 20x |
Bybit JCTUSDT
MEXC JCT_USDT
Binance JCTUSDT
BingX JCT-USDT
Gate JCT_USDT
Aster JCTUSDT