Settings8H · net · $10k
Funding arb · Price arb /

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0093%/8h= +10.1% APRnext payment +$0.46 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against Bybit+0.039%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2122.119% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.163%+$16 on $10k
Price spread, last 7 days−0.162%−$16 · spread now +0.039%, 7d avg +0.015%
Together, before fees+0.001%$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.024% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit JTOUSDT0.51110.0007pay 0.0004% / 4h2h 25m$6.9M$14.1M50x
ShortKuCoin JTOUSDTM0.51130.0100get 0.0050% / 4h2h 25m$1.5M$610K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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

Funding earned
$19.44
Price spread: +0.039% → +0.015%
$2.37
Slippage, 4 orders
−$188.86
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$190.04
Costs to cover
2.119%
Break-even
75.4 days
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago1.96 bp26.3 bp −$2664.1 bp −$641doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago10.80 bp80.8 bp −$81488.4 bp −$4,884doesn't fitdoesn't fit

JTO on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate JTO_USDT−0.0273%8h0.5113+0.039%$899K$1.0M75xas long as short
Deribit JTO_USDC-PERPETUAL−0.0141%1h0.5116+0.098%$3K$20K10xas long as short
OKX JTO-USDT-SWAP−0.0004%4h0.5106−0.098%$3.8M$9.5M50xas long as short
dYdX JTO-USD0.0000%1h0.5120+0.179%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5540+8.387%as long as short
Bybit JTOUSDTlong+0.0007%4h0.5111long leg$6.9M$14.1M50x
Injective JTO/USDC PERP+0.0033%1h0.4973−2.700%$31$43K5.5xas long as short
Paradex JTO-USD-PERP+0.0075%8h0.5115+0.082%$490$105xas long as short
Lighter JTO+0.0096%1h0.5120+0.180%$114K$229K10xas long as short
Hyperliquid JTO+0.0100%1h0.5118+0.141%$7.0M$3.0M5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster JTOUSDT+0.0100%4h0.5110−0.015%$120K$219K10xas long as short
Binance JTOUSDT+0.0100%4h0.5107−0.082%$11.1M$28.0M75xas long as short
MEXC JTO_USDT+0.0100%4h0.5107−0.078%$6.0M$3.6M50xas long as short
KuCoin JTOUSDTMshort+0.0100%4h0.5113+0.039%$1.5M$610K20x
Bitget JTOUSDT+0.0100%4h0.5114+0.059%$2.4M$2.3M50xas long as short
BingX JTO-USDT+0.0100%4h0.5109−0.039%$8.8Mas long as short
Backpack JTO_USDC_PERP+0.0100%1h0.5117+0.125%$264K$309K10xas long as short
Variational Omni JTO+0.0100%4h0.5101−0.202%$218K$241Kas long as short
Orderly PERP_JTO_USDC_mythos+0.0100%4h0.5118+0.137%$3K$65210xas long as short
Bulk JTO-USD+0.0100%1h0.5084−0.528%$55K$2K10xas long as short
Extended JTO-USD+0.0104%1h0.5115+0.072%$512K$2.2M10xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0224% / S −0.2181%1h0.5119+0.149%$2K50xas long as short
BloFin JTO-USDT+0.0340%4h0.5110−0.020%$604K$540K75xas long as short
Coinbase International JTO-PERP-INTX+0.0440%1h0.5115+0.078%$57K$135K25xas long as short
Phoenix JTO+0.0464%1h0.5095−0.313%$376K$118K5xas long as short
Kraken Futures PF_JTOUSD+0.0483%1h0.5123+0.229%$343K$348K25xas long as short