Funding you earn now, next payment 05:00 UTC+0.0430%/8h= +47.1% APRpaid last 24h +0.154%
Price spread now: KuCoin against Deribit+0.147%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and KuCoin is 0.147% dearer against Deribit than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit JTO_USDC-PERPETUAL | 0.5168 | −0.0330 | get 0.0041% / 1h | 29m 24s | $13K | $10K | 10x |
| Short | KuCoin JTOUSDTM | 0.5176 | 0.0100 | get 0.0050% / 4h | 3h 29m | $1.5M | $603K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Deribit. 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
- $90.33
- Price spread: +0.147% → 0.000%
- $14.71
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $86.04
- Costs to cover
- 0.190%
- Break-even
- 0.3 days
Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 6 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 Deribit no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 6 min ago | 9.71 bp | 62.9 bp −$63 | 725.6 bp −$7,256 | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0361% | 8h | 0.5175 | +0.135% | $900K | $1.0M | 75x | as long as short |
| Deribit JTO_USDC-PERPETUALlong | −0.0330% | 1h | 0.5168 | long leg | $13K | $10K | 10x | |
| Bybit JTOUSDT | −0.0317% | 4h | 0.5169 | +0.019% | $7.1M | $13.9M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5180 | +0.234% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.190% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.773% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0086% | 8h | 0.5160 | −0.159% | $515 | — | 5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0094% | 4h | 0.5166 | −0.039% | $3.9M | $9.4M | 50x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5170 | +0.039% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5182 | +0.265% | $119K | $226K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid JTO | +0.0100% | 1h | 0.5181 | +0.246% | $7.0M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5173 | +0.106% | $123K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5169 | +0.011% | $11.3M | $27.6M | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5169 | +0.019% | $6.2M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTMshort | +0.0100% | 4h | 0.5176 | +0.147% | $1.5M | $603K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5169 | +0.019% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5169 | +0.019% | — | $27.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5178 | +0.195% | $224K | $239K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5145 | −0.445% | $56K | $17K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5172 | +0.075% | $522K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5171 | +0.065% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0310% | 1h | 0.5153 | −0.290% | $380K | $114K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5170 | +0.039% | $619K | $533K | 75x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0377% | 1h | 0.5180 | +0.232% | $337K | $311K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5182 | +0.271% | $59K | $137K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.0688% | 1h | 0.5183 | +0.292% | $268K | $311K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
KuCoin JTOUSDTM
Gate JTO_USDT
Bybit JTOUSDT
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
OKX JTO-USDT-SWAP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
MEXC JTO_USDT
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Phoenix JTO
BloFin JTO-USDT
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP