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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit JTOUSDT | 0.5111 | 0.0007 | pay 0.0004% / 4h | 2h 25m | $6.9M | $14.1M | 50x |
| Short | KuCoin JTOUSDTM | 0.5113 | 0.0100 | get 0.0050% / 4h | 2h 25m | $1.5M | $610K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 3 min ago | 1.96 bp | 26.3 bp −$26 | 64.1 bp −$641 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 10.80 bp | 80.8 bp −$81 | 488.4 bp −$4,884 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate JTO_USDT | −0.0273% | 8h | 0.5113 | +0.039% | $899K | $1.0M | 75x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0141% | 1h | 0.5116 | +0.098% | $3K | $20K | 10x | as long as short |
| OKX JTO-USDT-SWAP | −0.0004% | 4h | 0.5106 | −0.098% | $3.8M | $9.5M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5120 | +0.179% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.387% | — | — | — | as long as short |
| Bybit JTOUSDTlong | +0.0007% | 4h | 0.5111 | long leg | $6.9M | $14.1M | 50x | |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.700% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0075% | 8h | 0.5115 | +0.082% | $490 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5120 | +0.180% | $114K | $229K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5118 | +0.141% | $7.0M | $3.0M | 5x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5110 | −0.015% | $120K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5107 | −0.082% | $11.1M | $28.0M | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5107 | −0.078% | $6.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTMshort | +0.0100% | 4h | 0.5113 | +0.039% | $1.5M | $610K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5114 | +0.059% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5109 | −0.039% | — | $8.8M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5117 | +0.125% | $264K | $309K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5101 | −0.202% | $218K | $241K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5118 | +0.137% | $3K | $652 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5084 | −0.528% | $55K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5115 | +0.072% | $512K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5119 | +0.149% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5110 | −0.020% | $604K | $540K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5115 | +0.078% | $57K | $135K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5095 | −0.313% | $376K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0483% | 1h | 0.5123 | +0.229% | $343K | $348K | 25x | as long as short |
Bybit JTOUSDT
KuCoin JTOUSDTM
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
MEXC JTO_USDT
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD