Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.099%
Price spread now: Backpack against KuCoin+0.062%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1711.715% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.062%, 7d avg +0.064%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin JTOUSDTM | 0.5176 | 0.0100 | pay 0.0050% / 4h | 2h 26m | $1.6M | $579K | 20x |
| Short | Backpack JTO_USDC_PERP | 0.5180 | 0.0100 | get 0.0013% / 1h | 26m 48s | $266K | $448K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against KuCoin. 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
- $0
- Price spread: +0.062% → +0.064%
- −$0.18
- Slippage, 4 orders
- −$149.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$171.65
- Costs to cover
- 1.715%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Backpack: live order book, 42 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 KuCoin live order book, 4 min ago | 15.50 bp | 56.1 bp −$56 | 449.9 bp −$4,499 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 42 min ago | 0.10 bp | 15.8 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
JTO on 25 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 | −0.0330% | 1h | 0.5173 | −0.066% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0120% | 8h | 0.5170 | −0.124% | $913K | $1.1M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5176 | −0.006% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.015% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.929% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0066% | 4h | 0.5175 | −0.027% | $3.9M | $9.5M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0077% | 8h | 0.5176 | −0.010% | $517 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5176 | −0.008% | $4K | $872 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5184 | +0.139% | $130K | $224K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5175 | −0.022% | $127K | $222K | 10x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5172 | −0.085% | $11.4M | $27.7M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5179 | +0.050% | $7.6M | $13.5M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5092 | −1.630% | $55K | $15K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5174 | −0.046% | $6.8M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTMlong | +0.0100% | 4h | 0.5176 | long leg | $1.6M | $579K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5175 | −0.027% | $2.4M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5172 | −0.085% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERPshort | +0.0100% | 1h | 0.5180 | +0.062% | $266K | $448K | 10x | |
| Variational Omni JTO | +0.0100% | 4h | 0.5157 | −0.371% | $224K | $296K | — | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5172 | −0.091% | $523K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5176 | −0.002% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0264% | 1h | 0.5189 | +0.243% | $60K | $138K | 25x | as long as short |
| Phoenix JTO | +0.0466% | 1h | 0.5156 | −0.394% | $381K | $114K | 5x | as long as short |
| Hyperliquid JTO | +0.0473% | 1h | 0.5182 | +0.114% | $7.2M | $3.1M | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0767% | 1h | 0.5176 | −0.017% | $349K | $307K | 25x | as long as short |
KuCoin JTOUSDTM
Backpack JTO_USDC_PERP
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Lighter JTO
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
Phoenix JTO
Hyperliquid JTO
Kraken Futures PF_JTOUSD