Funding you earn now, next payment 12:00 UTC+0.0090%/8h= +9.9% APRnext payment +$0.45 per $10,000 · paid last 24h −0.007%
Price spread now: MEXC against Gate+0.057%7-day average +0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$530as in the Funding arb table
Net, price: spread back to 7d avg − costs−$560as in the Price arb table
costs, in and out, $10k−$5515.510% of the position
Funding, last 7 days+0.211%+$21 on $10k
+Price spread, last 4 days (all we have)+0.239%+$24 · spread now +0.057%, 7d avg +0.144%
=Funding pays, the price is against you. MEXC is 0.087% cheaper against Gate than usual: you would sell low and buy high (spread +0.057% now, against its 7-day average of +0.144%). If the spread goes back, that is −$9 on $10k: about 3.2 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate JCT_USDT | 0.001751 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $339K | $101K | 20x |
| Short | MEXC JCT_USDT | 0.001752 | 0.0190 | get 0.0095% / 4h | 3h 40m | $533K | $206K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $18.9
- Price spread: +0.057% → +0.144%
- −$8.68
- Slippage, 4 orders
- −$531.98
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$540.76
- Costs to cover
- 5.510%
- Break-even
- 207.3 days
Slippage from Gate: live order book, 55 min ago; MEXC: live order book, 50 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, 55 min ago | 11.26 bp | 236.7 bp −$237 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 50 min ago | 5.60 bp | 38.2 bp −$38 | 180.2 bp −$1,802 | 440.1 bp −$44.0K | 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 | 0.001750 | −0.057% | $1.2M | $336K | 20x | as long as short |
| Gate JCT_USDTlong | +0.0100% | 4h | 0.001751 | long leg | $339K | $101K | 20x | |
| Bitget JCTUSDT | +0.0102% | 4h | 0.001750 | −0.057% | $2.3M | $140K | 10x | as long as short |
| MEXC JCT_USDTshort | +0.0190% | 4h | 0.001752 | +0.057% | $533K | $206K | 50x | |
| Binance JCTUSDT | +0.0191% | 4h | 0.001752 | +0.057% | $5.4M | $2.5M | 20x | as long as short |
| BingX JCT-USDT | +0.0220% | 4h | 0.001753 | +0.114% | — | $1.3M | — | as long as short |
| KuCoin JCTUSDTM | +0.0258% | 4h | 0.001752 | +0.086% | $409K | $89K | 20x | as long as short |
| Aster JCTUSDT | +0.0591% | 4h | 0.001748 | −0.196% | $131K | $11K | 5x | as long as short |
Gate JCT_USDT
MEXC JCT_USDT
Bybit JCTUSDT
Bitget JCTUSDT
Binance JCTUSDT
BingX JCT-USDT
KuCoin JCTUSDTM
Aster JCTUSDT