Funding you earn now, next payment 04:00 UTC−0.0810%/8h= −88.7% APRnext payment −$4.05 per $10,000 · paid last 24h −0.068%
Price spread now: Bybit against MEXC+0.058%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$839as in the Funding arb table
Net, price: spread back to 7d avg − costs−$789as in the Price arb table
costs, in and out, $10k−$7957.955% of the position
Funding, last 7 days−0.430%−$43 on $10k
+Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.058%, 7d avg −0.007%
=The price spread pays, funding is against you. Bybit is 0.065% dearer against MEXC than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of −0.007%): +$7 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.430% in total) that is about 26 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.430% in total (about -22.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.05 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 | 0.001719 | 0.0910 | pay 0.0455% / 4h | 2h 06m | $538K | $167K | 50x |
| Short | Bybit JCTUSDT | 0.001720 | 0.0100 | get 0.0050% / 4h | 2h 06m | $1.2M | $278K | 20x |
MEXC JCT_USDT
Bybit JCTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$170.1
- Price spread: +0.058% → −0.007%
- $6.55
- Slippage, 4 orders
- −$780.5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$959.05
- Costs to cover
- 7.955%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 53 min ago; Bybit: 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 MEXC live order book, 53 min ago | 6.04 bp | 32.1 bp −$32 | 179.6 bp −$1,796 | 348.7 bp −$34.9K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 5.88 bp | 350.2 bp −$350 | 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 JCTUSDTshort | +0.0100% | 4h | 0.001720 | +0.058% | $1.2M | $278K | 20x | |
| Bitget JCTUSDT | +0.0420% | 4h | 0.001718 | −0.058% | $2.3M | $146K | 10x | as long as short |
| Gate JCT_USDT | +0.0574% | 4h | 0.001719 | 0.000% | $329K | $67K | 20x | as long as short |
| BingX JCT-USDT | +0.0884% | 4h | 0.001721 | +0.116% | — | $1.3M | — | as long as short |
| Binance JCTUSDT | +0.0898% | 4h | 0.001724 | +0.271% | $5.4M | $2.0M | 20x | as long as short |
| MEXC JCT_USDTlong | +0.0910% | 4h | 0.001719 | long leg | $538K | $167K | 50x | |
| Aster JCTUSDT | +0.1549% | 4h | 0.001713 | −0.324% | $127K | $8K | 5x | as long as short |
| KuCoin JCTUSDTM | +0.1728% | 4h | 0.001723 | +0.239% | $414K | $49K | 20x | as long as short |
Bitget JCTUSDT
Gate JCT_USDT
BingX JCT-USDT
Binance JCTUSDT
Aster JCTUSDT
KuCoin JCTUSDTM