Funding you earn now, next payment 00:00 UTC−0.0071%/8h= −7.8% APRpaid last 24h +0.005%
Price spread now: Bybit against Gate−0.148%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$657as in the Funding arb table
Net, price: spread back to 7d avg − costs−$650as in the Price arb table
costs, in and out, $10k−$6466.455% of the position
Funding, last 7 days−0.115%−$12 on $10k
+Price spread, last 4 days (all we have)+0.344%+$34 · spread now −0.148%, 7d avg −0.104%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.044% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.104%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate JST_USDT | 0.1124 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $171K | $84K | 25x |
| Short | Bybit JSTUSDT | 0.1122 | 0.0029 | get 0.0029% / 8h | 2h 21m | $1.8M | $1.4M | 75x |
Gate JST_USDT
Bybit JSTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$14.94
- Price spread: −0.148% → −0.104%
- −$4.4
- Slippage, 4 orders
- −$619.55
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$664.88
- Costs to cover
- 6.455%
- Break-even
- never at this rate
Slippage from Gate: live order book, 61 min ago; Bybit: live order book, 5 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, 61 min ago | 6.70 bp | 201.0 bp −$201 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.34 bp | 67.0 bp −$67 | 261.2 bp −$2,612 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX JST-USDT | −0.0464% | 4h | 0.1122 | −0.153% | $428K | $1.4M | 20x | as long as short |
| BingX JST-USDT | −0.0028% | 4h | 0.1123 | −0.098% | — | $2.3M | — | as long as short |
| MEXC JST_USDT | −0.0012% | 4h | 0.1123 | −0.044% | $873K | $297K | 50x | as long as short |
| Binance JSTUSDT | −0.0007% | 4h | 0.1124 | −0.018% | $6.2M | $9.5M | 75x | as long as short |
| Bybit JSTUSDTshort | +0.0029% | 8h | 0.1122 | −0.148% | $1.8M | $1.4M | 75x | |
| Gate JST_USDTlong | +0.0100% | 4h | 0.1124 | long leg | $171K | $84K | 25x | |
| Bitget JSTUSDT | +0.0100% | 4h | 0.1124 | 0.000% | $2.0M | $543K | 75x | as long as short |
| Variational Omni JST | +0.0100% | 8h | 0.1122 | −0.115% | $50K | $78K | — | as long as short |
| HTX JST-USDT | +0.0100% | 4h | 0.1123 | −0.040% | $975K | $57K | 75x | as long as short |
SunX JST-USDT
BingX JST-USDT
MEXC JST_USDT
Binance JSTUSDT
Bitget JSTUSDT
Variational Omni JST
HTX JST-USDT