Funding you earn now, next payment 07:00 UTC−0.1006%/8h= −110.2% APRpaid last 24h −0.130%
Price spread now: Gate against Kraken Futures−0.100%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1711.707% of the position
Funding, last 7 days−0.502%−$50 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.100%, 7d avg −0.097%
=The price spread sits at its 7-day average of −0.097%, so right now this pair is about funding alone: −$30 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.502% in total (about -26.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_JTOUSD | 0.5049 | 0.0854 | pay 0.0107% / 1h | 35m 50s | $320K | $374K | 25x |
| Short | Gate JTO_USDT | 0.5044 | −0.0152 | pay 0.0152% / 8h | 1h 35m | $886K | $1.0M | 75x |
Kraken Futures PF_JTOUSD
Gate JTO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$211.34
- Price spread: −0.100% → −0.097%
- −$0.27
- Slippage, 4 orders
- −$145.72
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$382.34
- Costs to cover
- 1.707%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 7 min ago; Gate: 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, 7 min ago | 21.61 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 5.94 bp | 43.0 bp −$43 | 98.5 bp −$985 | 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 | −0.0543% | 1h | 0.5043 | −0.120% | $12K | $30K | 10x | as long as short |
| Gate JTO_USDTshort | −0.0152% | 8h | 0.5044 | −0.100% | $886K | $1.0M | 75x | |
| dYdX JTO-USD | 0.0000% | 1h | 0.5052 | +0.060% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +9.713% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −1.506% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0084% | 8h | 0.5054 | +0.105% | $484 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5050 | +0.021% | $113K | $240K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5053 | +0.076% | $6.9M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5049 | −0.003% | $118K | $230K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5042 | −0.136% | $10.8M | $28.8M | 75x | as long as short |
Deribit JTO_USDC-PERPETUAL
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | +0.0100% | 4h | 0.5043 | −0.120% | $6.7M | $14.3M | 50x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5043 | −0.120% | $3.7M | $9.7M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5077 | +0.553% | $55K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5041 | −0.160% | $5.9M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5048 | −0.029% | $1.5M | $619K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5045 | −0.080% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5043 | −0.120% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5049 | +0.001% | $217K | $240K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5044 | −0.100% | $4K | $918 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5041 | −0.165% | $509K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5046 | −0.057% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0263% | 1h | 0.5052 | +0.066% | $266K | $305K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5056 | +0.137% | $591K | $533K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0456% | 1h | 0.5089 | +0.791% | $59K | $136K | 25x | as long as short |
| Phoenix JTO | +0.0467% | 1h | 0.5085 | +0.712% | $375K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSDlong | +0.0854% | 1h | 0.5049 | long leg | $320K | $374K | 25x |
Bybit JTOUSDT
OKX JTO-USDT-SWAP
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO