Funding you earn now, next payment 08:00 UTC−0.2384%/8h= −261.0% APRnext payment −$11.92 per $10,000 · paid last 24h −0.137%
Price spread now: BingX against KuCoin+0.071%7-day average +0.301% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,549as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,586as in the Price arb table
costs, in and out, $10k−$1,56315.630% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 4 days (all we have)+0.231%+$23 · spread now +0.071%, 7d avg +0.301%
=Both sides work against this trade now: funding costs −$72 a day on $10k at the current rate, and BingX is 0.230% cheaper against KuCoin than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.301%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.140%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.140% in total (about 7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$11.92 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 | KuCoin JCTUSDTM | 0.001688 | 0.2696 | pay 0.1348% / 4h | 2h 36m | $408K | $55K | 20x |
| Short | BingX JCT-USDT | 0.001689 | 0.0312 | get 0.0156% / 4h | 2h 36m | — | $1.3M | — |
KuCoin JCTUSDTM
BingX JCT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- −$500.64
- Price spread: +0.071% → +0.301%
- −$23.03
- Slippage, 4 orders
- −$1,540.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$2,086.66
- Costs to cover
- 15.630%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 21 min ago; BingX: live order book, 4 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 KuCoin live order book, 21 min ago | 53.48 bp | 742.0 bp −$742 | 24148.1 bp −$241.5K | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 11.88 bp | 67.4 bp −$67 | 239.7 bp −$2,397 | 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 | 0.001688 | +0.036% | $1.2M | $290K | 20x | as long as short |
| Bitget JCTUSDT | +0.0230% | 4h | 0.001684 | −0.225% | $2.2M | $151K | 10x | as long as short |
| MEXC JCT_USDT | +0.0282% | 4h | 0.001687 | −0.047% | $550K | $186K | 50x | as long as short |
| Binance JCTUSDT | +0.0290% | 4h | 0.001688 | +0.012% | $5.2M | $2.1M | 20x | as long as short |
| BingX JCT-USDTshort | +0.0312% | 4h | 0.001689 | +0.071% | — | $1.3M | — | |
| Gate JCT_USDT | +0.0356% | 4h | 0.001685 | −0.166% | $323K | $70K | 20x | as long as short |
| Aster JCTUSDT | +0.0886% | 4h | 0.001684 | −0.230% | $126K | $10K | 5x | as long as short |
| KuCoin JCTUSDTMlong | +0.2696% | 4h | 0.001688 | long leg | $408K | $55K | 20x |
Bybit JCTUSDT
Bitget JCTUSDT
MEXC JCT_USDT
Binance JCTUSDT
Gate JCT_USDT
Aster JCTUSDT