Funding you earn now, next payment 08:00 UTC−0.0282%/8h= −30.9% APRnext payment −$1.41 per $10,000 · paid last 24h −0.024%
Price spread now: Bitget against Gate−0.417%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$543as in the Funding arb table
Net, price: spread back to 7d avg − costs−$579as in the Price arb table
costs, in and out, $10k−$5455.446% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)+0.260%+$26 · spread now −0.417%, 7d avg −0.068%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bitget is 0.349% cheaper against Gate than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of −0.068%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.018% in total (about 0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.41 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 | Gate JCT_USDT | 0.001679 | 0.0498 | pay 0.0249% / 4h | 3h 09m | $322K | $71K | 20x |
| Short | Bitget JCTUSDT | 0.001672 | 0.0216 | get 0.0108% / 4h | 3h 09m | $2.2M | $152K | 10x |
Gate JCT_USDT
Bitget JCTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$59.22
- Price spread: −0.417% → −0.068%
- −$34.87
- Slippage, 4 orders
- −$517.61
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$638.7
- Costs to cover
- 5.446%
- Break-even
- never at this rate
Slippage from Gate: live order book, 41 min ago; Bitget: 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, 41 min ago | 5.97 bp | 192.8 bp −$193 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 11.90 bp | 71.3 bp −$71 | doesn't fit | 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 | 0.001672 | −0.399% | $1.2M | $290K | 20x | as long as short |
| Bitget JCTUSDTshort | +0.0216% | 4h | 0.001672 | −0.417% | $2.2M | $152K | 10x | |
| BingX JCT-USDT | +0.0392% | 4h | 0.001672 | −0.417% | — | $1.3M | — | as long as short |
| MEXC JCT_USDT | +0.0432% | 4h | 0.001672 | −0.417% | $545K | $185K | 50x | as long as short |
| Binance JCTUSDT | +0.0432% | 4h | 0.001673 | −0.357% | $5.2M | $2.1M | 20x | as long as short |
| Gate JCT_USDTlong | +0.0498% | 4h | 0.001679 | long leg | $322K | $71K | 20x | |
| Aster JCTUSDT | +0.1004% | 4h | 0.001673 | −0.335% | $125K | $10K | 5x | as long as short |
| KuCoin JCTUSDTM | +0.2748% | 4h | 0.001677 | −0.125% | $405K | $55K | 20x | as long as short |
Bybit JCTUSDT
BingX JCT-USDT
MEXC JCT_USDT
Binance JCTUSDT
Aster JCTUSDT
KuCoin JCTUSDTM