Funding you earn now, next payment 08:00 UTC−0.0254%/8h= −27.8% APRnext payment −$1.27 per $10,000 · paid last 24h −0.152%
Price spread now: MEXC against KuCoin−0.166%7-day average +0.325% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,439as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,489as in the Price arb table
costs, in and out, $10k−$1,44014.401% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)+0.599%+$60 · spread now −0.166%, 7d avg +0.325%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and MEXC is 0.491% cheaper against KuCoin than usual: you would sell low and buy high (−$49 if the spread goes back to its 7-day average of +0.325%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.006% in total (about 0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.27 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 | 0.001804 | 0.0586 | pay 0.0293% / 4h | 22m 36s | $420K | $73K | 20x |
| Short | MEXC JCT_USDT | 0.001801 | 0.0332 | get 0.0166% / 4h | 22m 36s | $590K | $197K | 50x |
KuCoin JCTUSDTM
MEXC JCT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$53.34
- Price spread: −0.166% → +0.325%
- −$49.08
- Slippage, 4 orders
- −$1,424.1
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,542.53
- Costs to cover
- 14.401%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; MEXC: live order book, 7 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, 11 min ago | 21.43 bp | 737.8 bp −$738 | 22937.1 bp −$229.4K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 7 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 | 0.001783 | −1.164% | $1.2M | $320K | 20x | as long as short |
| Gate JCT_USDT | +0.0100% | 4h | 0.001795 | −0.499% | $347K | $93K | 20x | as long as short |
| MEXC JCT_USDTshort | +0.0332% | 4h | 0.001801 | −0.166% | $590K | $197K | 50x | |
| Binance JCTUSDT | +0.0333% | 4h | 0.001792 | −0.656% | $5.6M | $2.3M | 20x | as long as short |
| Bitget JCTUSDT | +0.0342% | 4h | 0.001783 | −1.164% | $2.3M | $153K | 10x | as long as short |
| BingX JCT-USDT | +0.0346% | 4h | 0.001801 | −0.166% | — | $1.3M | — | as long as short |
| KuCoin JCTUSDTMlong | +0.0586% | 4h | 0.001804 | long leg | $420K | $73K | 20x | |
| Aster JCTUSDT | +0.0786% | 4h | 0.001792 | −0.653% | $135K | $10K | 5x | as long as short |
Bybit JCTUSDT
Gate JCT_USDT
Binance JCTUSDT
Bitget JCTUSDT
BingX JCT-USDT
Aster JCTUSDT