Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against KuCoin−0.070%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1751.747% of the position
Funding, last 7 days+0.438%+$44 on $10k
+Price spread, last 3 days (all we have)−0.182%−$18 · spread now −0.070%, 7d avg −0.109%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.039% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.109%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin JTOUSDTM | 0.5128 | 0.0100 | pay 0.0050% / 4h | 3h 54m | $1.6M | $598K | 20x |
| Short | BloFin JTO-USDT | 0.5124 | 0.0340 | get 0.0170% / 4h | 3h 54m | $617K | $607K | 75x |
KuCoin JTOUSDTM
BloFin JTO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $50.4
- Price spread: −0.070% → −0.109%
- $3.92
- Slippage, 4 orders
- −$150.71
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$120.39
- Costs to cover
- 1.747%
- Break-even
- 23.7 days
Slippage from KuCoin: live order book, 1 min ago; BloFin: live order book, 17 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, 1 min ago | 15.58 bp | 78.6 bp −$79 | 550.1 bp −$5,501 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 1.96 bp | 9.8 bp −$10 | 21.4 bp −$214 | 85.8 bp −$8,575 | 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 | −0.0726% | 1h | 0.5120 | −0.148% | $13K | $11K | 10x | as long as short |
| OKX JTO-USDT-SWAP | −0.0026% | 4h | 0.5122 | −0.109% | $3.9M | $9.5M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0015% | 8h | 0.5129 | +0.021% | $512 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5133 | +0.110% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.028% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.015% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5123 | −0.082% | $101K | $186K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5132 | +0.082% | $7.0M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5127 | −0.021% | $172K | $177K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5122 | −0.118% | $11.3M | $28.1M | 75x | as long as short |
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC 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 | 0.5126 | −0.031% | $7.5M | $13.6M | 50x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.5122 | −0.109% | $912K | $1.2M | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5121 | −0.129% | $7.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTMlong | +0.0100% | 4h | 0.5128 | long leg | $1.6M | $598K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5125 | −0.051% | $2.5M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5124 | −0.070% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5127 | −0.015% | $223K | $305K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5120 | −0.148% | $4K | $2K | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5128 | +0.008% | $56K | −$0 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5121 | −0.130% | $521K | $851K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5123 | −0.098% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0249% | 1h | 0.5128 | +0.014% | $346K | $313K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5148 | +0.398% | $56K | $113K | 25x | as long as short |
| BloFin JTO-USDTshort | +0.0340% | 4h | 0.5124 | −0.070% | $617K | $607K | 75x | |
| Backpack JTO_USDC_PERP | +0.0450% | 1h | 0.5128 | −0.002% | $225K | $463K | 10x | as long as short |
| Phoenix JTO | +0.0465% | 1h | 0.5123 | −0.090% | $368K | $262K | 5x | as long as short |
Bybit JTOUSDT
Gate JTO_USDT
MEXC JTO_USDT
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP
Phoenix JTO