Funding arb · Price arb /

JST

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%

Price spread now: Bitget against MEXC−0.069%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$680.680% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 7 days+0.066%+$7 · spread now −0.069%, 7d avg +0.015%

Together, before fees+0.018%+$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.085% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC JST_USDT	0.1154	0.0100	pay 0.0050% / 4h	1h 44m	$1.4M	$373K	50x
Short	Bitget JSTUSDT	0.1153	0.0100	get 0.0050% / 4h	1h 44m	$2.0M	$552K	75x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BitgetbpOrdersPrice spread, now −0.069%Rate

Funding earned: $0
Price spread: −0.069% → +0.015%: −$8.45
Slippage, 4 orders: −$51.98
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$76.44
Costs to cover: 0.680%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 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, 2 min ago	0.43 bp	9.3 bp −$9	54.2 bp −$542	118.6 bp −$11.9K	doesn't fit
Sell Bitget live order book, 2 min ago	3.91 bp	18.2 bp −$18	64.9 bp −$649	doesn't fit	doesn't fit

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-USDT	+0.0036%	4h	0.1154	−0.017%	—	$2.3M	—	as long as short
Binance JSTUSDT	+0.0100%	4h	0.1154	0.000%	$6.9M	$8.4M	75x	as long as short
Bybit JSTUSDT	+0.0100%	8h	0.1153	−0.068%	$1.9M	$1.1M	75x	as long as short
Gate JST_USDT	+0.0100%	4h	0.1154	−0.043%	$172K	$62K	25x	as long as short
MEXC JST_USDTlong	+0.0100%	4h	0.1154	long leg	$1.4M	$373K	50x
Bitget JSTUSDTshort	+0.0100%	4h	0.1153	−0.069%	$2.0M	$552K	75x
Variational Omni JST	+0.0100%	8h	0.1152	−0.160%	$11K	$98K	—	as long as short
SunX JST-USDT	+0.0100%	4h	0.1152	−0.165%	$440K	$1.3M	20x	as long as short
HTX JST-USDT	+0.0100%	4h	0.1152	−0.215%	$1.0M	$60K	75x	as long as short