Funding you earn now, next payment 00:00 UTC−0.0262%/8h= −28.7% APRpaid last 24h −0.036%
Price spread now: Gate against KuCoin−0.137%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$232as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2272.268% of the position
Funding, last 7 days−0.055%−$6 on $10k
+Price spread, last 4 days (all we have)+0.025%+$3 · spread now −0.137%, 7d avg −0.053%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Gate is 0.084% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.053%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.055% in total (about -2.9% 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 | KuCoin JTOUSDTM | 0.5178 | 0.0100 | pay 0.0050% / 4h | 2h 25m | $1.5M | $571K | 20x |
| Short | Gate JTO_USDT | 0.5171 | −0.0162 | pay 0.0162% / 8h | 2h 25m | $937K | $1.5M | 75x |
KuCoin JTOUSDTM
Gate JTO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$55.02
- Price spread: −0.137% → −0.053%
- −$8.44
- Slippage, 4 orders
- −$199.81
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$290.27
- Costs to cover
- 2.268%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, just now; Gate: live order book, 2 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, just now | 10.62 bp | 62.5 bp −$63 | 659.9 bp −$6,599 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 4.84 bp | 44.3 bp −$44 | 72.5 bp −$725 | 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 | −0.0522% | 1h | 0.5176 | −0.041% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDTshort | −0.0162% | 8h | 0.5171 | −0.137% | $937K | $1.5M | 75x | |
| OKX JTO-USDT-SWAP | −0.0084% | 4h | 0.5174 | −0.079% | $3.9M | $9.9M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5177 | −0.025% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +6.977% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0006% | 8h | 0.5172 | −0.118% | $516 | — | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.961% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5178 | −0.012% | $100K | $184K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5178 | −0.010% | $174K | $175K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5174 | −0.079% | $11.6M | $27.9M | 75x | as long as short |
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Paradex JTO-USD-PERP
Injective JTO/USDC PERP
Lighter 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 | 0.5180 | +0.037% | $7.5M | $13.6M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5165 | −0.253% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5173 | −0.098% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTMlong | +0.0100% | 4h | 0.5178 | long leg | $1.5M | $571K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5175 | −0.060% | $2.6M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5175 | −0.060% | — | $63.5M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5179 | +0.013% | $183K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5176 | −0.041% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5171 | −0.128% | $523K | $854K | 10x | as long as short |
| Hyperliquid JTO | +0.0107% | 1h | 0.5185 | +0.143% | $7.3M | $3.2M | 5x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5179 | +0.022% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0242% | 1h | 0.5181 | +0.046% | $264K | $503K | 10x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5186 | +0.153% | $57K | $126K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5166 | −0.234% | $640K | $576K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5185 | +0.133% | $373K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0607% | 1h | 0.5180 | +0.039% | $353K | $312K | 25x | as long as short |
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Hyperliquid JTO
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD