Funding you earn now, next payment 22:00 UTC−0.0507%/8h= −55.6% APRpaid last 24h −0.061%
Price spread now: Bitget against Kraken Futures−0.040%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1141.143% of the position
Funding, last 7 days−0.417%−$42 on $10k
+Price spread, last 3 days (all we have)+0.084%+$8 · spread now −0.040%, 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 | Kraken Futures PF_JTOUSD | 0.5179 | 0.0607 | pay 0.0076% / 1h | 30m 56s | $353K | $312K | 25x |
| Short | Bitget JTOUSDT | 0.5177 | 0.0100 | get 0.0050% / 4h | 2h 30m | $2.6M | $2.4M | 50x |
Kraken Futures PF_JTOUSD
Bitget JTOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Kraken Futures. 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
- −$106.54
- Price spread: −0.040% → −0.059%
- $1.86
- Slippage, 4 orders
- −$92.28
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$218.96
- Costs to cover
- 1.143%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 56 min ago; Bitget: live order book, 1 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 Kraken Futures live order book, 56 min ago | 7.72 bp | 41.3 bp −$41 | 134.4 bp −$1,344 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.90 bp | 15.2 bp −$15 | 46.6 bp −$466 | 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 | −0.0908% | 1h | 0.5176 | −0.060% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0147% | 8h | 0.5172 | −0.137% | $937K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0095% | 4h | 0.5175 | −0.079% | $3.9M | $9.9M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5178 | −0.025% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +6.957% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0008% | 8h | 0.5168 | −0.212% | $516 | — | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.979% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5180 | +0.016% | $100K | $184K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5186 | +0.130% | $7.3M | $3.2M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5177 | −0.044% | $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 | 0.5174 | −0.089% | $11.6M | $27.9M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5180 | +0.018% | $7.5M | $13.5M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5165 | −0.272% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5174 | −0.098% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5179 | −0.006% | $1.6M | $571K | 20x | as long as short |
| Bitget JTOUSDTshort | +0.0100% | 4h | 0.5177 | −0.040% | $2.6M | $2.4M | 50x | |
| BingX JTO-USDT | +0.0100% | 4h | 0.5176 | −0.060% | — | $63.5M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5181 | +0.033% | $184K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5175 | −0.079% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5174 | −0.107% | $523K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5180 | +0.017% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0245% | 1h | 0.5182 | +0.049% | $264K | $504K | 10x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5186 | +0.133% | $57K | $126K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5178 | −0.021% | $641K | $577K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5181 | +0.037% | $373K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSDlong | +0.0607% | 1h | 0.5179 | long leg | $353K | $312K | 25x |
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO