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

JCT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.064%
Price spread now: Gate against Bybit+0.067%7-day average −0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,198as in the Price arb table
costs, in and out, $10k−$1,21912.193% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.216%+$22 on $10k
Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.067%, 7d avg −0.147%
Together, before fees+0.057%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Gate is 0.213% dearer against Bybit than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.147%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit JCTUSDT0.0016490.0100pay 0.0050% / 4h2h 55m$1.2M$270K20x
ShortGate JCT_USDT0.0016500.0110get 0.0055% / 4h2h 55m$315K$64K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$2.1
Price spread: +0.067% → −0.147%
$21.34
Slippage, 4 orders
−$1,193.33
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,195.89
Costs to cover
12.193%
Break-even
3993.3 days
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 10 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, 5 min ago9.07 bp390.3 bp −$390doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 10 min ago12.05 bp222.6 bp −$223doesn't fitdoesn'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%4h0.001649long leg$1.2M$270K20x
Gate JCT_USDTshort+0.0110%4h0.001650+0.067%$315K$64K20x
Bitget JCTUSDT+0.0634%4h0.001646−0.176%$2.2M$139K10xas long as short
Binance JCTUSDT+0.0636%4h0.001647−0.115%$5.1M$1.9M20xas long as short
MEXC JCT_USDT+0.0640%4h0.001648−0.055%$501K$155K50xas long as short
BingX JCT-USDT+0.0656%4h0.001648−0.055%$1.3Mas long as short
Aster JCTUSDT+0.1299%4h0.001649+0.027%$120K$6K5xas long as short
KuCoin JCTUSDTM+0.1326%4h0.001653+0.249%$398K$49K20xas long as short