Funding you earn now, next payment 12:00 UTC−0.0234%/8h= −25.7% APRnext payment −$1.17 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against KuCoin−0.080%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1661.657% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 7 days+0.122%+$12 · spread now −0.080%, 7d avg −0.022%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.058% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.022%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin JTOUSDTM | 0.4978 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $1.3M | $596K | 20x |
| Short | Bybit JTOUSDT | 0.4974 | −0.0134 | pay 0.0067% / 4h | 1h 30m | $6.3M | $13.2M | 50x |
KuCoin JTOUSDTM
Bybit JTOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$49.22
- Price spread: −0.080% → −0.022%
- −$5.85
- Slippage, 4 orders
- −$142.72
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$220.79
- Costs to cover
- 1.657%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; Bybit: live order book, 11 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, 8 min ago | 10.95 bp | 54.0 bp −$54 | 270.2 bp −$2,702 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 11 min ago | 0.99 bp | 23.8 bp −$24 | 60.0 bp −$600 | doesn't fit | doesn't fit |
JTO on 26 exchanges
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 | −0.0954% | 1h | 0.4977 | −0.020% | $22K | $41K | 10x | as long as short |
| Kraken Futures PF_JTOUSD | −0.0321% | 1h | 0.4975 | −0.058% | $316K | $418K | 25x | as long as short |
| Bybit JTOUSDTshort | −0.0134% | 4h | 0.4974 | −0.080% | $6.3M | $13.2M | 50x | |
| Paradex JTO-USD-PERP | −0.0021% | 8h | 0.4971 | −0.134% | $476 | $10 | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.4979 | +0.020% | $3K | $5K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +11.279% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −0.100% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.4978 | −0.002% | $111K | $206K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.4983 | +0.092% | $6.7M | $2.8M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.4975 | −0.059% | $115K | $206K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Kraken Futures PF_JTOUSD
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDTShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.4971 | −0.144% | $10.3M | $26.0M | 75x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.4969 | −0.181% | $3.7M | $9.1M | 50x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.4974 | −0.080% | $879K | $885K | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.4970 | −0.161% | $6.0M | $3.1M | 50x | as long as short |
| KuCoin JTOUSDTMlong | +0.0100% | 4h | 0.4978 | long leg | $1.3M | $596K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.4976 | −0.040% | $2.2M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.4973 | −0.100% | — | $8.4M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.4981 | +0.068% | $222K | $355K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.4979 | +0.027% | $215K | $191K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.4979 | +0.020% | $4K | $1K | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5019 | +0.824% | $54K | $772 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.4969 | −0.175% | $514K | $2.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.4983 | +0.096% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0316% | 1h | 0.4986 | +0.161% | $352K | $122K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.4979 | +0.020% | $569K | $516K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5002 | +0.482% | $55K | $125K | 25x | as long as short |
Binance JTOUSDT
OKX JTO-USDT-SWAP
Gate JTO_USDT
MEXC JTO_USDT
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Phoenix JTO
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX