Funding you earn now, next payment 04:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.88 per $10,000 · paid last 24h −0.064%
Price spread now: Bybit against Gate+0.054%7-day average +0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,294as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,281as in the Price arb table
costs, in and out, $10k−$1,27212.721% of the position
Funding, last 7 days−0.215%−$22 on $10k
+Price spread, last 4 days (all we have)+0.130%+$13 · spread now +0.054%, 7d avg +0.141%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.087% cheaper against Gate than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.141%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate JCT_USDT | 0.001663 | 0.0276 | pay 0.0138% / 4h | 1h 20m | $319K | $69K | 20x |
| Short | Bybit JCTUSDT | 0.001664 | 0.0100 | get 0.0050% / 4h | 1h 20m | $1.2M | $284K | 20x |
Gate JCT_USDT
Bybit JCTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$36.96
- Price spread: +0.054% → +0.141%
- −$8.71
- Slippage, 4 orders
- −$1,246.05
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,317.72
- Costs to cover
- 12.721%
- Break-even
- never at this rate
Slippage from Gate: live order book, 40 min ago; Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 12.00 bp | 346.1 bp −$346 | 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 JCTUSDTshort | +0.0100% | 4h | 0.001664 | +0.054% | $1.2M | $284K | 20x | |
| Bitget JCTUSDT | +0.0100% | 4h | 0.001663 | 0.000% | $2.2M | $150K | 10x | as long as short |
| Gate JCT_USDTlong | +0.0276% | 4h | 0.001663 | long leg | $319K | $69K | 20x | |
| Binance JCTUSDT | +0.0524% | 4h | 0.001664 | +0.060% | $5.2M | $2.1M | 20x | as long as short |
| MEXC JCT_USDT | +0.0538% | 4h | 0.001665 | +0.120% | $509K | $179K | 50x | as long as short |
| BingX JCT-USDT | +0.0552% | 4h | 0.001665 | +0.120% | — | $1.3M | — | as long as short |
| Aster JCTUSDT | +0.1096% | 4h | 0.001662 | −0.088% | $124K | $9K | 5x | as long as short |
| KuCoin JCTUSDTM | +0.1366% | 4h | 0.001661 | −0.150% | $401K | $56K | 20x | as long as short |
Bitget JCTUSDT
Binance JCTUSDT
MEXC JCT_USDT
BingX JCT-USDT
Aster JCTUSDT
KuCoin JCTUSDTM