Funding you earn now, next payment 04:00 UTC+0.0248%/8h= +27.2% APRnext payment +$1.24 per $10,000 · paid last 24h +0.008%
Price spread now: Binance against Gate0.000%7-day average +0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$622as in the Funding arb table
Net, price: spread back to 7d avg − costs−$659as in the Price arb table
costs, in and out, $10k−$6446.441% of the position
Funding, last 7 days+0.217%+$22 on $10k
+Price spread, last 4 days (all we have)+0.094%+$9 · spread now 0.000%, 7d avg +0.152%
=Funding pays, the price is against you. Binance is 0.152% cheaper against Gate than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.152%). If the spread goes back, that is −$15 on $10k: about 2.0 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.217% in total) that is about 4.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate JCT_USDT | 0.001664 | 0.0276 | pay 0.0138% / 4h | 1h 19m | $319K | $69K | 20x |
| Short | Binance JCTUSDT | 0.001664 | 0.0524 | get 0.0262% / 4h | 1h 19m | $5.2M | $2.1M | 20x |
Gate JCT_USDT
Binance JCTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $52.15
- Price spread: 0.000% → +0.152%
- −$15.24
- Slippage, 4 orders
- −$619.06
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$607.15
- Costs to cover
- 6.441%
- Break-even
- 88.5 days
Slippage from Gate: live order book, 40 min ago; Binance: live order book, 3 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 Gate live order book, 40 min ago | 8.73 bp | 245.3 bp −$245 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 3.01 bp | 64.4 bp −$64 | 385.7 bp −$3,857 | 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 | 0.001663 | −0.036% | $1.2M | $284K | 20x | as long as short |
| Bitget JCTUSDT | +0.0100% | 4h | 0.001662 | −0.120% | $2.2M | $150K | 10x | as long as short |
| Gate JCT_USDTlong | +0.0276% | 4h | 0.001664 | long leg | $319K | $69K | 20x | |
| Binance JCTUSDTshort | +0.0524% | 4h | 0.001664 | 0.000% | $5.2M | $2.1M | 20x | |
| MEXC JCT_USDT | +0.0538% | 4h | 0.001664 | 0.000% | $513K | $179K | 50x | as long as short |
| BingX JCT-USDT | +0.0538% | 4h | 0.001662 | −0.120% | — | $1.3M | — | as long as short |
| Aster JCTUSDT | +0.1096% | 4h | 0.001661 | −0.157% | $124K | $9K | 5x | as long as short |
| KuCoin JCTUSDTM | +0.1366% | 4h | 0.001660 | −0.216% | $401K | $56K | 20x | as long as short |
Bybit JCTUSDT
Bitget JCTUSDT
MEXC JCT_USDT
BingX JCT-USDT
Aster JCTUSDT
KuCoin JCTUSDTM