Funding you earn now, next payment 04:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h −0.012%
Price spread now: BingX against Gate−0.114%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$590as in the Funding arb table
Net, price: spread back to 7d avg − costs−$574as in the Price arb table
costs, in and out, $10k−$5705.703% of the position
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.114%, 7d avg −0.073%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.042% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.073%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate JST_USDT | 0.1139 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $170K | $63K | 25x |
| Short | BingX JST-USDT | 0.1138 | 0.0036 | get 0.0018% / 4h | 2h 32m | — | $2.3M | — |
Gate JST_USDT
BingX JST-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- −$13.44
- Price spread: −0.114% → −0.073%
- −$4.16
- Slippage, 4 orders
- −$545.28
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$587.88
- Costs to cover
- 5.703%
- Break-even
- never at this rate
Slippage from Gate: live order book, 28 min ago; BingX: live order book, 6 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 Gate live order book, 28 min ago | 10.52 bp | 194.1 bp −$194 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 2.65 bp | 13.9 bp −$14 | 60.8 bp −$608 | 285.4 bp −$28.5K | 890.9 bp −$445.4K |
JST on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX JST-USDTshort | +0.0036% | 4h | 0.1138 | −0.114% | — | $2.3M | — | |
| Binance JSTUSDT | +0.0100% | 4h | 0.1139 | −0.035% | $6.7M | $8.6M | 75x | as long as short |
| Bybit JSTUSDT | +0.0100% | 8h | 0.1138 | −0.097% | $1.8M | $1.1M | 75x | as long as short |
| Gate JST_USDTlong | +0.0100% | 4h | 0.1139 | long leg | $170K | $63K | 25x | |
| MEXC JST_USDT | +0.0100% | 4h | 0.1138 | −0.070% | $910K | $261K | 50x | as long as short |
| Bitget JSTUSDT | +0.0100% | 4h | 0.1139 | +0.009% | $2.0M | $552K | 75x | as long as short |
| Variational Omni JST | +0.0100% | 8h | 0.1135 | −0.318% | $50K | $77K | — | as long as short |
| SunX JST-USDT | +0.0100% | 4h | 0.1136 | −0.230% | $433K | $1.3M | 20x | as long as short |
| HTX JST-USDT | +0.0100% | 4h | 0.1137 | −0.211% | $987K | $64K | 75x | as long as short |
Binance JSTUSDT
Bybit JSTUSDT
MEXC JST_USDT
Bitget JSTUSDT
Variational Omni JST
SunX JST-USDT
HTX JST-USDT