Settings8H · net · $10k
Funding arb · Price arb /

JCT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.43 per $10,000 · paid last 24h +0.053%
Price spread now: Bitget against Bybit−0.179%7-day average −0.247% · you buy dearer than you sell
Net, funding: paid 7d − costs−$894as in the Funding arb table
Net, price: spread back to 7d avg − costs−$911as in the Price arb table
costs, in and out, $10k−$9189.175% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.235%+$24 on $10k
Price spread, last 7 days−0.099%−$10 · spread now −0.179%, 7d avg −0.247%
Together, before fees+0.136%+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.068% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.247%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit JCTUSDT0.0016780.0100pay 0.0050% / 4h3h 33m$1.2M$290K20x
ShortBitget JCTUSDT0.0016750.0186get 0.0093% / 4h3h 33m$2.2M$151K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$18.06
Price spread: −0.179% → −0.247%
$6.78
Slippage, 4 orders
−$894.52
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$892.68
Costs to cover
9.175%
Break-even
353.0 days
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago5.96 bp435.7 bp −$436doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago8.96 bp51.4 bp −$51395.6 bp −$3,956doesn't fitdoesn't fit

JCT on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit JCTUSDTlong+0.0100%4h0.001678long leg$1.2M$290K20x
Bitget JCTUSDTshort+0.0186%4h0.001675−0.179%$2.2M$151K10x
BingX JCT-USDT+0.0238%4h0.001677−0.060%$1.3Mas long as short
MEXC JCT_USDT+0.0316%4h0.0016780.000%$549K$182K50xas long as short
Binance JCTUSDT+0.0326%4h0.001679+0.030%$5.2M$2.1M20xas long as short
Gate JCT_USDT+0.0368%4h0.001677−0.060%$322K$71K20xas long as short
Aster JCTUSDT+0.0961%4h0.001670−0.498%$125K$9K5xas long as short
KuCoin JCTUSDTM+0.2562%4h0.001681+0.203%$406K$55K20xas long as short