JCT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0500%/8h= +54.7% APRnext payment +$2.50 per $10,000 · paid last 24h +0.068%

Price spread now: MEXC against Bybit−0.103%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$783as in the Funding arb table

Net, price: spread back to 7d avg − costs−$837as in the Price arb table

costs, in and out, $10k−$8268.262% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.430%+$43 on $10k

Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.103%, 7d avg +0.008%

Together, before fees+0.547%+$55 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.110% cheaper against Bybit than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of +0.008%). If the spread goes back, that is −$11 on $10k: about 18 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.430% in total) that is about 43 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit JCTUSDT	0.001658	0.0100	pay 0.0050% / 4h	2h 49m	$1.2M	$270K	20x
Short	MEXC JCT_USDT	0.001656	0.0600	get 0.0300% / 4h	2h 49m	$510K	$157K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BybitbpFee MEXCbpOrdersPrice spread, now −0.103%Rate

Funding earned: $105
Price spread: −0.103% → +0.008%: −$11.02
Slippage, 4 orders: −$811.19
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$732.21
Costs to cover: 8.262%
Break-even: 55.8 days

Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 10 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, 1 min ago	9.04 bp	379.5 bp −$380	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 10 min ago	6.04 bp	29.4 bp −$29	151.3 bp −$1,513	324.3 bp −$32.4K	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	0.001658	long leg	$1.2M	$270K	20x
Gate JCT_USDT	+0.0100%	4h	0.001650	−0.464%	$315K	$65K	20x	as long as short
Bitget JCTUSDT	+0.0584%	4h	0.001653	−0.284%	$2.2M	$139K	10x	as long as short
Binance JCTUSDT	+0.0590%	4h	0.001656	−0.103%	$5.1M	$1.9M	20x	as long as short
BingX JCT-USDT	+0.0592%	4h	0.001657	−0.042%	—	$1.3M	—	as long as short
MEXC JCT_USDTshort	+0.0600%	4h	0.001656	−0.103%	$510K	$157K	50x
Aster JCTUSDT	+0.1232%	4h	0.001653	−0.286%	$121K	$6K	5x	as long as short
KuCoin JCTUSDTM	+0.1266%	4h	0.001650	−0.464%	$397K	$49K	20x	as long as short