Funding you earn now, next payment 04:00 UTC+0.0806%/8h= +88.3% APRnext payment +$4.03 per $10,000 · paid last 24h +0.071%
Price spread now: Binance against Bybit+0.218%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$809as in the Funding arb table
Net, price: spread back to 7d avg − costs−$828as in the Price arb table
costs, in and out, $10k−$8538.526% of the position
Funding, last 7 days+0.432%+$43 on $10k
+Price spread, last 7 days−0.342%−$34 · spread now +0.218%, 7d avg −0.023%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Binance is 0.241% dearer against Bybit than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.023%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.432% in total (about 22.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.03 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 | Bybit JCTUSDT | 0.001714 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $1.2M | $276K | 20x |
| Short | Binance JCTUSDT | 0.001718 | 0.0906 | get 0.0453% / 4h | 2h 07m | $5.4M | $2.0M | 20x |
Bybit JCTUSDT
Binance JCTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $169.32
- Price spread: +0.218% → −0.023%
- $24.14
- Slippage, 4 orders
- −$831.62
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$659.16
- Costs to cover
- 8.526%
- Break-even
- 34.3 days
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 15 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 Bybit live order book, 3 min ago | 5.88 bp | 383.8 bp −$384 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 5.94 bp | 53.6 bp −$54 | 433.0 bp −$4,330 | 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 JCTUSDTlong | +0.0100% | 4h | 0.001714 | long leg | $1.2M | $276K | 20x | |
| Bitget JCTUSDT | +0.0438% | 4h | 0.001713 | −0.058% | $2.3M | $145K | 10x | as long as short |
| Gate JCT_USDT | +0.0574% | 4h | 0.001719 | +0.292% | $328K | $67K | 20x | as long as short |
| BingX JCT-USDT | +0.0884% | 4h | 0.001715 | +0.058% | — | $1.3M | — | as long as short |
| Binance JCTUSDTshort | +0.0906% | 4h | 0.001718 | +0.218% | $5.4M | $2.0M | 20x | |
| MEXC JCT_USDT | +0.0920% | 4h | 0.001716 | +0.117% | $539K | $165K | 50x | as long as short |
| Aster JCTUSDT | +0.1515% | 4h | 0.001709 | −0.269% | $127K | $8K | 5x | as long as short |
| KuCoin JCTUSDTM | +0.1718% | 4h | 0.001714 | +0.018% | $412K | $49K | 20x | as long as short |
Bitget JCTUSDT
Gate JCT_USDT
BingX JCT-USDT
MEXC JCT_USDT
Aster JCTUSDT
KuCoin JCTUSDTM