Funding you earn now, next payment 00:00 UTC+0.0310%/8h= +33.9% APRnext payment +$1.55 per $10,000 · paid last 24h −0.049%
Price spread now: Bitget against MEXC−0.246%7-day average −0.217% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1491.494% of the position
Funding, last 7 days−0.188%−$19 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.246%, 7d avg −0.217%
=Funding pays, the price is against you. Bitget is 0.028% cheaper against MEXC than usual: you would sell low and buy high (spread −0.246% now, against its 7-day average of −0.217%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.188%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.188% in total (about -9.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.55 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 | MEXC JCT_USDT | 0.001628 | 0.0552 | pay 0.0276% / 4h | 30m 29s | $475K | $148K | 50x |
| Short | Bitget JCTUSDT | 0.001624 | 0.0862 | get 0.0431% / 4h | 30m 29s | $2.1M | $132K | 10x |
MEXC JCT_USDT
Bitget JCTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- $65.1
- Price spread: −0.246% → −0.217%
- −$2.84
- Slippage, 4 orders
- −$133.36
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$87.11
- Costs to cover
- 1.494%
- Break-even
- 16.4 days
Slippage from MEXC: live order book, 39 min ago; Bitget: live order book, 2 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 MEXC live order book, 39 min ago | 3.10 bp | 35.4 bp −$35 | 165.9 bp −$1,659 | 382.1 bp −$38.2K | doesn't fit |
| Sell Bitget live order book, 2 min ago | 6.16 bp | 58.1 bp −$58 | 409.2 bp −$4,092 | 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 | 0.001628 | 0.000% | $1.1M | $262K | 20x | as long as short |
| Binance JCTUSDT | +0.0551% | 4h | 0.001628 | 0.000% | $5.1M | $1.9M | 20x | as long as short |
| MEXC JCT_USDTlong | +0.0552% | 4h | 0.001628 | long leg | $475K | $148K | 50x | |
| Gate JCT_USDT | +0.0564% | 4h | 0.001627 | −0.061% | $312K | $65K | 20x | as long as short |
| BingX JCT-USDT | +0.0802% | 4h | 0.001627 | −0.061% | — | $1.3M | — | as long as short |
| Bitget JCTUSDTshort | +0.0862% | 4h | 0.001624 | −0.246% | $2.1M | $132K | 10x | |
| Aster JCTUSDT | +0.1054% | 4h | 0.001625 | −0.158% | $118K | $6K | 5x | as long as short |
| KuCoin JCTUSDTM | +0.1424% | 4h | 0.001623 | −0.289% | $382K | $49K | 20x | as long as short |
Bybit JCTUSDT
Binance JCTUSDT
Gate JCT_USDT
BingX JCT-USDT
Aster JCTUSDT
KuCoin JCTUSDTM