Funding you earn now, next payment 05:00 UTC+0.0278%/8h= +30.4% APRpaid last 24h +0.064%
Price spread now: Kraken Futures against KuCoin+0.071%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2492.485% of the position
Funding, last 7 days+0.414%+$41 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now +0.071%, 7d avg +0.044%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Kraken Futures is 0.027% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin JTOUSDTM | 0.5166 | 0.0100 | pay 0.0050% / 4h | 3h 47m | $1.5M | $602K | 20x |
| Short | Kraken Futures PF_JTOUSD | 0.5170 | 0.0378 | get 0.0047% / 1h | 47m 12s | $337K | $312K | 25x |
KuCoin JTOUSDTM
Kraken Futures PF_JTOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $58.35
- Price spread: +0.071% → +0.044%
- $2.72
- Slippage, 4 orders
- −$226.53
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$187.47
- Costs to cover
- 2.485%
- Break-even
- 29.5 days
Slippage from KuCoin: live order book, 4 min ago; Kraken Futures: live order book, 5 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, 4 min ago | 8.71 bp | 82.4 bp −$82 | 519.0 bp −$5,190 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 29.97 bp | 48.6 bp −$49 | 212.1 bp −$2,121 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | −0.0659% | 4h | 0.5168 | +0.039% | $7.1M | $14.0M | 50x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0524% | 1h | 0.5163 | −0.058% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0379% | 8h | 0.5165 | −0.019% | $899K | $998K | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5166 | +0.002% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.232% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.736% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0068% | 4h | 0.5161 | −0.097% | $3.9M | $9.4M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0084% | 8h | 0.5167 | +0.014% | $516 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5163 | −0.058% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5169 | +0.050% | $118K | $226K | 10x | as long as short |
Bybit JTOUSDT
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Orderly PERP_JTO_USDC_mythos
Lighter JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid JTO | +0.0100% | 1h | 0.5173 | +0.136% | $7.0M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5165 | −0.011% | $125K | $218K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5163 | −0.059% | $11.3M | $27.5M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5172 | +0.110% | $56K | $17K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5163 | −0.058% | $6.2M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTMlong | +0.0100% | 4h | 0.5166 | long leg | $1.5M | $602K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5168 | +0.039% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5162 | −0.077% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5174 | +0.147% | $224K | $246K | — | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5163 | −0.068% | $521K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5166 | −0.002% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0310% | 1h | 0.5179 | +0.252% | $382K | $114K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5161 | −0.097% | $617K | $537K | 75x | as long as short |
| Kraken Futures PF_JTOUSDshort | +0.0378% | 1h | 0.5170 | +0.071% | $337K | $312K | 25x | |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5182 | +0.310% | $59K | $138K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.0685% | 1h | 0.5172 | +0.118% | $267K | $313K | 10x | as long as short |
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Phoenix JTO
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP