Funding you earn now, next payment 22:00 UTC+0.0508%/8h= +55.6% APRpaid last 24h +0.061%
Price spread now: Kraken Futures against Bitget+0.069%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1191.186% of the position
Funding, last 7 days+0.417%+$42 on $10k
+Price spread, last 3 days (all we have)−0.113%−$11 · spread now +0.069%, 7d avg +0.059%
=The price spread sits at its 7-day average of +0.059%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget JTOUSDT | 0.5172 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $2.6M | $2.4M | 50x |
| Short | Kraken Futures PF_JTOUSD | 0.5176 | 0.0608 | get 0.0076% / 1h | 31m 48s | $353K | $312K | 25x |
Bitget JTOUSDT
Kraken Futures PF_JTOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- $106.62
- Price spread: +0.069% → +0.059%
- $0.98
- Slippage, 4 orders
- −$96.55
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$10.95
- Costs to cover
- 1.186%
- Break-even
- 7.7 days
Slippage from Bitget: live order book, 6 min ago; Kraken Futures: live order book, 56 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 Bitget live order book, 6 min ago | 2.89 bp | 16.4 bp −$16 | 57.2 bp −$572 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 56 min ago | 7.72 bp | 42.0 bp −$42 | 194.3 bp −$1,943 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit JTO_USDC-PERPETUAL | −0.0909% | 1h | 0.5170 | −0.039% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0145% | 8h | 0.5169 | −0.058% | $937K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0092% | 4h | 0.5171 | −0.019% | $3.9M | $9.9M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5178 | +0.112% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.103% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0012% | 8h | 0.5167 | −0.088% | $516 | — | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.848% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5175 | +0.068% | $100K | $184K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5181 | +0.177% | $7.3M | $3.2M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5176 | +0.074% | $174K | $175K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Paradex JTO-USD-PERP
Injective JTO/USDC PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5169 | −0.058% | $11.6M | $27.9M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5174 | +0.039% | $7.5M | $13.5M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5169 | −0.058% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5178 | +0.124% | $1.6M | $571K | 20x | as long as short |
| Bitget JTOUSDTlong | +0.0100% | 4h | 0.5172 | long leg | $2.6M | $2.4M | 50x | |
| BingX JTO-USDT | +0.0100% | 4h | 0.5170 | −0.039% | — | $63.5M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5181 | +0.171% | $184K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5171 | −0.019% | $4K | $2K | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5148 | −0.464% | $56K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5168 | −0.070% | $523K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5174 | +0.046% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0245% | 1h | 0.5177 | +0.104% | $263K | $510K | 10x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5186 | +0.271% | $57K | $126K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5169 | −0.058% | $638K | $576K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5167 | −0.097% | $372K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSDshort | +0.0608% | 1h | 0.5176 | +0.069% | $353K | $312K | 25x |
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO