Funding you earn now, next payment 04:00 UTC+0.1222%/8h= +133.8% APRnext payment +$6.11 per $10,000 · paid last 24h +0.099%
Price spread now: KuCoin against Gate−0.108%7-day average −0.175% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,924as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,926as in the Price arb table
costs, in and out, $10k−$1,93319.327% of the position
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 4 days (all we have)−0.293%−$29 · spread now −0.108%, 7d avg −0.175%
=Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and KuCoin is 0.067% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.175%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.088% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.11 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 | 0.001666 | 0.0344 | pay 0.0172% / 4h | 33m 32s | $320K | $71K | 20x |
| Short | KuCoin JCTUSDTM | 0.001664 | 0.1566 | get 0.0783% / 4h | 33m 32s | $402K | $56K | 20x |
Gate JCT_USDT
KuCoin JCTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $256.62
- Price spread: −0.108% → −0.175%
- $6.66
- Slippage, 4 orders
- −$1,905.74
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,669.46
- Costs to cover
- 19.327%
- Break-even
- 52.5 days
Slippage from Gate: live order book, 22 min ago; KuCoin: live order book, 49 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, 22 min ago | 11.91 bp | 204.5 bp −$204 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 49 min ago | 11.14 bp | 728.9 bp −$729 | 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 | 0.001668 | +0.102% | $1.2M | $286K | 20x | as long as short |
| Bitget JCTUSDT | +0.0100% | 4h | 0.001665 | −0.060% | $2.2M | $153K | 10x | as long as short |
| MEXC JCT_USDT | +0.0152% | 4h | 0.001666 | 0.000% | $518K | $180K | 50x | as long as short |
| Binance JCTUSDT | +0.0152% | 4h | 0.001666 | 0.000% | $5.1M | $2.1M | 20x | as long as short |
| BingX JCT-USDT | +0.0196% | 4h | 0.001666 | 0.000% | — | $1.3M | — | as long as short |
| Gate JCT_USDTlong | +0.0344% | 4h | 0.001666 | long leg | $320K | $71K | 20x | |
| Aster JCTUSDT | +0.0868% | 4h | 0.001663 | −0.180% | $124K | $9K | 5x | as long as short |
| KuCoin JCTUSDTMshort | +0.1566% | 4h | 0.001664 | −0.108% | $402K | $56K | 20x |
Bybit JCTUSDT
Bitget JCTUSDT
MEXC JCT_USDT
Binance JCTUSDT
BingX JCT-USDT
Aster JCTUSDT