Settings8H · net · $10k
Funding arb · Price arb /

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.054%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin JTOUSDTM0.51760.0100pay 0.0050% / 4h2h 26m$1.6M$579K20x
ShortBackpack JTO_USDC_PERP0.51800.0100get 0.0013% / 1h26m 48s$266K$448K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 4 min ago15.50 bp56.1 bp −$56449.9 bp −$4,499doesn't fitdoesn't fit
Sell Backpack live order book, 42 min ago0.10 bp15.8 bp −$16doesn't fitdoesn't fitdoesn't fit

JTO on 25 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit JTO_USDC-PERPETUAL−0.0330%1h0.5173−0.066%$13K$10K10xas long as short
Gate JTO_USDT−0.0120%8h0.5170−0.124%$913K$1.1M75xas long as short
dYdX JTO-USD0.0000%1h0.5176−0.006%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5540+7.015%as long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−3.929%$31$43K5.5xas long as short
OKX JTO-USDT-SWAP+0.0066%4h0.5175−0.027%$3.9M$9.5M50xas long as short
Paradex JTO-USD-PERP+0.0077%8h0.5176−0.010%$5175xas long as short
Orderly PERP_JTO_USDC_mythos+0.0094%4h0.5176−0.008%$4K$87210xas long as short
Lighter JTO+0.0096%1h0.5184+0.139%$130K$224K10xas long as short
Aster JTOUSDT+0.0100%4h0.5175−0.022%$127K$222K10xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance JTOUSDT+0.0100%4h0.5172−0.085%$11.4M$27.7M75xas long as short
Bybit JTOUSDT+0.0100%4h0.5179+0.050%$7.6M$13.5M50xas long as short
Bulk JTO-USD+0.0100%1h0.5092−1.630%$55K$15K10xas long as short
MEXC JTO_USDT+0.0100%4h0.5174−0.046%$6.8M$3.5M50xas long as short
KuCoin JTOUSDTMlong+0.0100%4h0.5176long leg$1.6M$579K20x
Bitget JTOUSDT+0.0100%4h0.5175−0.027%$2.4M$2.4M50xas long as short
BingX JTO-USDT+0.0100%4h0.5172−0.085%$68.0Mas long as short
Backpack JTO_USDC_PERPshort+0.0100%1h0.5180+0.062%$266K$448K10x
Variational Omni JTO+0.0100%4h0.5157−0.371%$224K$296Kas long as short
Extended JTO-USD+0.0104%1h0.5172−0.091%$523K$1.7M10xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0224% / S −0.2181%1h0.5176−0.002%$2K50xas long as short
Coinbase International JTO-PERP-INTX+0.0264%1h0.5189+0.243%$60K$138K25xas long as short
Phoenix JTO+0.0466%1h0.5156−0.394%$381K$114K5xas long as short
Hyperliquid JTO+0.0473%1h0.5182+0.114%$7.2M$3.1M5xas long as short
Kraken Futures PF_JTOUSD+0.0767%1h0.5176−0.017%$349K$307K25xas long as short