Funding you earn now, next payment 05:00 UTC−0.0340%/8h= −37.2% APRpaid last 24h −0.075%
Price spread now: KuCoin against Coinbase International−0.388%7-day average −0.314% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.397%−$40 on $10k
+Price spread, last 4 days (all we have)+0.320%+$32 · spread now −0.388%, 7d avg −0.314%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.073% cheaper against Coinbase International than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.314%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International JTO-PERP-INTX | 0.5161 | 0.0440 | pay 0.0055% / 1h | 12m 54s | $58K | $136K | 25x |
| Short | KuCoin JTOUSDTM | 0.5141 | 0.0100 | get 0.0050% / 4h | 2h 12m | $1.5M | $611K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Coinbase International. 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
- −$71.4
- Price spread: −0.388% → −0.314%
- −$7.35
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$100.75
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 35 min ago; KuCoin: live order book, 3 min ago. Net counts fees only.
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 Coinbase International live order book, 35 min ago | 18.39 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 11.66 bp | 75.9 bp −$76 | 509.0 bp −$5,090 | 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 | −0.0231% | 8h | 0.5135 | −0.504% | $901K | $1.0M | 75x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0140% | 1h | 0.5131 | −0.581% | $3K | $20K | 10x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5139 | −0.424% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.336% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.643% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0037% | 4h | 0.5135 | −0.504% | $3.8M | $9.6M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0080% | 8h | 0.5141 | −0.383% | $493 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5139 | −0.432% | $114K | $229K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5143 | −0.349% | $7.0M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5139 | −0.429% | $122K | $220K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5136 | −0.475% | $11.1M | $28.1M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5138 | −0.446% | $7.0M | $14.2M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5122 | −0.746% | $55K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5136 | −0.484% | $6.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTMshort | +0.0100% | 4h | 0.5141 | −0.388% | $1.5M | $611K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5138 | −0.446% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5135 | −0.504% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5141 | −0.394% | $220K | $241K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5132 | −0.562% | $4K | $652 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5135 | −0.510% | $518K | $2.2M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0179% | 1h | 0.5144 | −0.327% | $264K | $308K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5133 | −0.551% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5127 | −0.659% | $467K | $543K | 75x | as long as short |
| Coinbase International JTO-PERP-INTXlong | +0.0440% | 1h | 0.5161 | long leg | $58K | $136K | 25x | |
| Phoenix JTO | +0.0464% | 1h | 0.5144 | −0.329% | $380K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0482% | 1h | 0.5141 | −0.391% | $343K | $349K | 25x | as long as short |
Coinbase International JTO-PERP-INTX
KuCoin JTOUSDTM
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD