Funding arb · Price arb /

JTO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Aster+0.054%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$197as in the Price arb table

costs, in and out, $10k−$2032.026% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.423%−$42 · spread now +0.054%, 7d avg −0.004%

Together, before fees−0.423%+ Points / potential airdropAster: Stage 5 · farm board−$42 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.059% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster JTOUSDT	0.5185	0.0100	pay 0.0050% / 4h	3h 32m	$174K	$176K	10x
Short	KuCoin JTOUSDTM	0.5188	0.0100	get 0.0050% / 4h	3h 32m	$1.6M	$539K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee KuCoinbpOrdersPrice spread, now +0.054%Rate

Funding earned: $0
Price spread: +0.054% → −0.004%: $5.86
Slippage, 4 orders: −$182.58
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$196.71
Costs to cover: 2.026%
Break-even: never at this rate

Slippage from Aster: live order book, 15 min ago; KuCoin: live order book, 14 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 Aster live order book, 15 min ago	11.64 bp	70.4 bp −$70	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 14 min ago	5.80 bp	32.3 bp −$32	823.7 bp −$8,237	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	−0.0521%	1h	0.5183	−0.048%	$23K	$460	10x	as long as short
OKX JTO-USDT-SWAP	−0.0109%	4h	0.5179	−0.125%	$3.9M	$9.9M	50x	as long as short
Gate JTO_USDT	−0.0105%	8h	0.5181	−0.086%	$942K	$1.6M	75x	as long as short
Paradex JTO-USD-PERP	−0.0062%	8h	0.5182	−0.063%	$517	—	5x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5191	+0.102%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5540	+6.829%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−4.098%	$31	$43K	5.5x	as long as short
Lighter JTO	+0.0096%	1h	0.5187	+0.026%	$99K	$183K	10x	as long as short
Hyperliquid JTO	+0.0100%	1h	0.5193	+0.139%	$7.3M	$3.2M	5x	as long as short
Aster JTOUSDTlong	+0.0100%	4h	0.5185	long leg	$174K	$176K	10x

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance JTOUSDT	+0.0100%	4h	0.5184	−0.028%	$11.6M	$27.9M	75x	as long as short
Bybit JTOUSDT	+0.0100%	4h	0.5183	−0.048%	$7.6M	$13.3M	50x	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5184	−0.032%	$56K	$2K	10x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5181	−0.086%	$7.4M	$4.0M	50x	as long as short
KuCoin JTOUSDTMshort	+0.0100%	4h	0.5188	+0.054%	$1.6M	$539K	20x
Bitget JTOUSDT	+0.0100%	4h	0.5183	−0.048%	$2.6M	$2.5M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5182	−0.067%	—	$63.6M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5174	−0.229%	$183K	$260K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5182	−0.067%	$4K	$2K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5180	−0.102%	$516K	$844K	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0223% / S −0.2181%	1h	0.5185	−0.017%	$2K	—	50x	as long as short
Phoenix JTO	+0.0311%	1h	0.5187	+0.029%	$373K	$269K	5x	as long as short
Coinbase International JTO-PERP-INTX	+0.0320%	1h	0.5192	+0.126%	$57K	$129K	25x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5177	−0.163%	$650K	$565K	75x	as long as short
Backpack JTO_USDC_PERP	+0.0426%	1h	0.5189	+0.076%	$265K	$533K	10x	as long as short
Kraken Futures PF_JTOUSD	+0.0873%	1h	0.5187	+0.038%	$354K	$329K	25x	as long as short