Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against KuCoin−3.941%115s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 3.941% cheaper against KuCoin than usual: you would sell low and buy high (−$394 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin JTOUSDTM | 0.5177 | 0.0100 | pay 0.0050% / 4h | 2h 53m | $1.6M | $604K | 20x |
| Short | Injective JTO/USDC PERP | 0.4973 | 0.0033 | get 0.0004% / 1h | 53m 25s | $31 | $43K | 5.5x |
KuCoin JTOUSDTM
Injective JTO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −3.941% → 0.000%
- −$394.05
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$420.07
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 7 min ago; Injective: no order-book sample. Net counts fees only.
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, 7 min ago | 5.81 bp | 71.9 bp −$72 | 530.6 bp −$5,306 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0523% | 1h | 0.5172 | −0.097% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0342% | 8h | 0.5174 | −0.058% | $895K | $986K | 75x | as long as short |
| Bybit JTOUSDT | −0.0095% | 4h | 0.5170 | −0.135% | $7.1M | $14.0M | 50x | as long as short |
| OKX JTO-USDT-SWAP | −0.0066% | 4h | 0.5168 | −0.174% | $3.9M | $9.4M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5174 | −0.058% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.004% | — | — | — | as long as short |
| Injective JTO/USDC PERPshort | +0.0033% | 1h | 0.4973 | −3.941% | $31 | $43K | 5.5x | |
| Paradex JTO-USD-PERP | +0.0096% | 8h | 0.5167 | −0.187% | $516 | — | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5180 | +0.054% | $116K | $228K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5180 | +0.050% | $222K | $242K | — | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Bybit JTOUSDT
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Paradex JTO-USD-PERP
Lighter JTO
Variational Omni JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid JTO | +0.0100% | 1h | 0.5181 | +0.087% | $7.0M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5173 | −0.072% | $123K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5169 | −0.155% | $11.3M | $27.6M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5143 | −0.649% | $56K | $9K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5171 | −0.116% | $6.1M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTMlong | +0.0100% | 4h | 0.5177 | long leg | $1.6M | $604K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5174 | −0.058% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5174 | −0.058% | — | $8.8M | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5171 | −0.116% | $4K | $652 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5168 | −0.181% | $521K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5177 | −0.010% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5180 | +0.058% | $618K | $538K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5186 | +0.174% | $59K | $138K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5191 | +0.270% | $383K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0478% | 1h | 0.5178 | +0.012% | $334K | $313K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.1115% | 1h | 0.5179 | +0.044% | $267K | $311K | 10x | as long as short |
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
Bitget JTOUSDT
BingX JTO-USDT
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD
Backpack JTO_USDC_PERP