Funding you earn now, next payment 04:00 UTC−0.0476%/8h= −52.1% APRnext payment −$2.38 per $10,000 · paid last 24h −0.016%
Price spread now: Gate against MEXC+0.176%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$689as in the Funding arb table
Net, price: spread back to 7d avg − costs−$665as in the Price arb table
costs, in and out, $10k−$6766.759% of the position
Funding, last 7 days−0.129%−$13 on $10k
+Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.176%, 7d avg +0.065%
=The price spread pays, funding is against you. Gate is 0.110% dearer against MEXC than usual: you sell high and buy low (spread +0.176% now, against its 7-day average of +0.065%): +$11 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.129% in total) that is about 6.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.129% in total (about -6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.38 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 JST_USDT | 0.1139 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $882K | $254K | 50x |
| Short | Gate JST_USDT | 0.1141 | −0.0376 | pay 0.0188% / 4h | 3h 55m | $171K | $62K | 25x |
MEXC JST_USDT
Gate JST_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$99.96
- Price spread: +0.176% → +0.065%
- $11.01
- Slippage, 4 orders
- −$656.93
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$764.88
- Costs to cover
- 6.759%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 10 min ago; Gate: live order book, 10 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, 10 min ago | 0.44 bp | 12.8 bp −$13 | 59.2 bp −$592 | 138.2 bp −$13.8K | doesn't fit |
| Sell Gate live order book, 10 min ago | 10.04 bp | 400.6 bp −$401 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate JST_USDTshort | −0.0376% | 4h | 0.1141 | +0.176% | $171K | $62K | 25x | |
| SunX JST-USDT | −0.0320% | 4h | 0.1138 | −0.066% | $434K | $1.3M | 20x | as long as short |
| BingX JST-USDT | +0.0036% | 4h | 0.1140 | +0.088% | — | $2.3M | — | as long as short |
| Binance JSTUSDT | +0.0100% | 4h | 0.1139 | −0.001% | $6.6M | $8.7M | 75x | as long as short |
| Bybit JSTUSDT | +0.0100% | 8h | 0.1139 | +0.021% | $1.8M | $1.1M | 75x | as long as short |
| MEXC JST_USDTlong | +0.0100% | 4h | 0.1139 | long leg | $882K | $254K | 50x | |
| Bitget JSTUSDT | +0.0100% | 4h | 0.1141 | +0.202% | $2.0M | $505K | 75x | as long as short |
| Variational Omni JST | +0.0100% | 8h | 0.1141 | +0.210% | $51K | $77K | — | as long as short |
| HTX JST-USDT | +0.0100% | 4h | 0.1142 | +0.293% | $992K | $64K | 75x | as long as short |
SunX JST-USDT
BingX JST-USDT
Binance JSTUSDT
Bybit JSTUSDT
Bitget JSTUSDT
Variational Omni JST
HTX JST-USDT