Funding you earn now, next payment 04:00 UTC−0.1324%/8h= −145.0% APRnext payment −$6.62 per $10,000 · paid last 24h −0.099%
Price spread now: Gate against KuCoin+0.288%7-day average +0.175% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,942as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,921as 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)+0.113%+$11 · spread now +0.288%, 7d avg +0.175%
=The price spread pays, funding is against you. Gate is 0.114% dearer against KuCoin than usual: you sell high and buy low (spread +0.288% now, against its 7-day average of +0.175%): +$11 on $10k if it goes back. Holding the pair costs −$40 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.088% in total) that is about 9.1 days.
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 −$6.62 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 | 0.001664 | 0.1678 | pay 0.0839% / 4h | 26m 57s | $402K | $56K | 20x |
| Short | Gate JCT_USDT | 0.001669 | 0.0354 | get 0.0177% / 4h | 26m 57s | $320K | $71K | 20x |
KuCoin JCTUSDTM
Gate JCT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$278.04
- Price spread: +0.288% → +0.175%
- $11.38
- Slippage, 4 orders
- −$1,905.74
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2,199.4
- Costs to cover
- 19.327%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 55 min ago; Gate: live order book, 28 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, 55 min ago | 11.14 bp | 785.8 bp −$786 | 26187.0 bp −$261.9K | doesn't fit | doesn't fit |
| Sell Gate live order book, 28 min ago | 11.91 bp | 213.6 bp −$214 | 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 | 0.001669 | +0.318% | $1.2M | $286K | 20x | as long as short |
| Bitget JCTUSDT | +0.0100% | 4h | 0.001667 | +0.168% | $2.2M | $152K | 10x | as long as short |
| MEXC JCT_USDT | +0.0106% | 4h | 0.001669 | +0.288% | $519K | $181K | 50x | as long as short |
| Binance JCTUSDT | +0.0108% | 4h | 0.001670 | +0.349% | $5.2M | $2.1M | 20x | as long as short |
| BingX JCT-USDT | +0.0152% | 4h | 0.001668 | +0.228% | — | $1.3M | — | as long as short |
| Gate JCT_USDTshort | +0.0354% | 4h | 0.001669 | +0.288% | $320K | $71K | 20x | |
| Aster JCTUSDT | +0.0873% | 4h | 0.001663 | −0.072% | $124K | $9K | 5x | as long as short |
| KuCoin JCTUSDTMlong | +0.1678% | 4h | 0.001664 | long leg | $402K | $56K | 20x |
Bybit JCTUSDT
Bitget JCTUSDT
MEXC JCT_USDT
Binance JCTUSDT
BingX JCT-USDT
Aster JCTUSDT