Funding you earn now, next payment 08:00 UTC−0.2472%/8h= −270.7% APRnext payment −$12.36 per $10,000 · paid last 24h −0.167%
Price spread now: Bitget against KuCoin−0.154%7-day average +0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,575as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,585as in the Price arb table
costs, in and out, $10k−$1,55915.592% of the position
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 4 days (all we have)+0.353%+$35 · spread now −0.154%, 7d avg +0.107%
=Both sides work against this trade now: funding costs −$74 a day on $10k at the current rate, and Bitget is 0.261% cheaper against KuCoin than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.107%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.154% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$12.36 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 | 0.001687 | 0.2708 | pay 0.1354% / 4h | 2h 38m | $407K | $55K | 20x |
| Short | Bitget JCTUSDT | 0.001684 | 0.0236 | get 0.0118% / 4h | 2h 38m | $2.2M | $151K | 10x |
KuCoin JCTUSDTM
Bitget JCTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$519.12
- Price spread: −0.154% → +0.107%
- −$26.12
- Slippage, 4 orders
- −$1,535.21
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$2,104.44
- Costs to cover
- 15.592%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 20 min ago; Bitget: 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, 20 min ago | 53.48 bp | 742.0 bp −$742 | 24148.1 bp −$241.5K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 5.95 bp | 63.2 bp −$63 | 437.9 bp −$4,379 | 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 | 0.001687 | +0.018% | $1.2M | $290K | 20x | as long as short |
| Bitget JCTUSDTshort | +0.0236% | 4h | 0.001684 | −0.154% | $2.2M | $151K | 10x | |
| MEXC JCT_USDT | +0.0282% | 4h | 0.001685 | −0.095% | $549K | $186K | 50x | as long as short |
| Binance JCTUSDT | +0.0283% | 4h | 0.001686 | −0.028% | $5.2M | $2.1M | 20x | as long as short |
| BingX JCT-USDT | +0.0324% | 4h | 0.001685 | −0.095% | — | $1.3M | — | as long as short |
| Gate JCT_USDT | +0.0376% | 4h | 0.001685 | −0.095% | $323K | $70K | 20x | as long as short |
| Aster JCTUSDT | +0.0900% | 4h | 0.001682 | −0.262% | $126K | $10K | 5x | as long as short |
| KuCoin JCTUSDTMlong | +0.2708% | 4h | 0.001687 | long leg | $407K | $55K | 20x |
Bybit JCTUSDT
MEXC JCT_USDT
Binance JCTUSDT
BingX JCT-USDT
Gate JCT_USDT
Aster JCTUSDT