Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.094%
Price spread now: KuCoin against Backpack−0.027%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1791.791% of the position
Funding, last 7 days−0.168%−$17 on $10k
+Price spread, last 4 days (all we have)+0.075%+$7 · spread now −0.027%, 7d avg −0.065%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.038% dearer against Backpack than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack JTO_USDC_PERP | 0.5155 | 0.0100 | pay 0.0013% / 1h | 21m 45s | $266K | $307K | 10x |
| Short | KuCoin JTOUSDTM | 0.5154 | 0.0100 | get 0.0050% / 4h | 2h 21m | $1.5M | $611K | 20x |
Backpack JTO_USDC_PERP
KuCoin JTOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Backpack. 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
- $0
- Price spread: −0.027% → −0.065%
- $3.76
- Slippage, 4 orders
- −$157.07
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$175.31
- Costs to cover
- 1.791%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 27 min ago; KuCoin: 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 Backpack live order book, 27 min ago | 1.05 bp | 10.5 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 12.70 bp | 85.3 bp −$85 | 503.5 bp −$5,035 | doesn't fit | doesn't fit |
JTO on 26 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 JTO_USDT | −0.0260% | 8h | 0.5146 | −0.175% | $905K | $1.0M | 75x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0139% | 1h | 0.5141 | −0.272% | $3K | $20K | 10x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5152 | −0.057% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.461% | — | — | — | as long as short |
| OKX JTO-USDT-SWAP | +0.0005% | 4h | 0.5149 | −0.116% | $3.8M | $9.6M | 50x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.531% | $31 | $43K | 5.5x | as long as short |
| Bybit JTOUSDT | +0.0055% | 4h | 0.5152 | −0.058% | $7.0M | $14.2M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0076% | 8h | 0.5154 | −0.025% | $494 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5157 | +0.047% | $115K | $229K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5160 | +0.103% | $7.0M | $3.0M | 5x | as long as short |
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
dYdX JTO-USD
Reya JTORUSDPERP
OKX JTO-USDT-SWAP
Injective JTO/USDC PERP
Bybit JTOUSDT
Paradex JTO-USD-PERP
Lighter JTO
Hyperliquid JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5153 | −0.034% | $122K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5152 | −0.049% | $11.1M | $28.0M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5122 | −0.630% | $55K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5153 | −0.039% | $6.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTMshort | +0.0100% | 4h | 0.5154 | −0.027% | $1.5M | $611K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5150 | −0.097% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5146 | −0.175% | — | $8.8M | — | as long as short |
| Backpack JTO_USDC_PERPlong | +0.0100% | 1h | 0.5155 | long leg | $266K | $307K | 10x | |
| Variational Omni JTO | +0.0100% | 4h | 0.5101 | −1.054% | $218K | $241K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5141 | −0.272% | $4K | $652 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5150 | −0.104% | $518K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5134 | −0.415% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5105 | −0.970% | $603K | $539K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5137 | −0.349% | $58K | $136K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5095 | −1.164% | $376K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0481% | 1h | 0.5150 | −0.106% | $344K | $349K | 25x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD