Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: KuCoin against Injective+2.290%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 2.290% dearer against Injective than usual: you sell high and buy low: +$229 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective JTO/USDC PERP | 0.4973 | 0.0033 | pay 0.0004% / 1h | 26m 50s | $31 | $43K | 5.5x |
| Short | KuCoin JTOUSDTM | 0.5087 | 0.0100 | get 0.0050% / 4h | 2h 26m | $1.5M | $610K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Injective. 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: +2.290% → 0.000%
- $229.04
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $231.02
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 4 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 4 min ago | 10.80 bp | 80.8 bp −$81 | 488.4 bp −$4,884 | doesn't fit | doesn't fit |
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 | −0.0733% | 1h | 0.5083 | +2.212% | $3K | $20K | 10x | as long as short |
| Gate JTO_USDT | −0.0281% | 8h | 0.5085 | +2.252% | $896K | $1.0M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0012% | 4h | 0.5081 | +2.172% | $3.8M | $9.4M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5098 | +2.516% | $4K | $4K | 5x | as long as short |
| Bybit JTOUSDT | 0.0000% | 4h | 0.5083 | +2.212% | $6.9M | $14.1M | 50x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +11.395% | — | — | — | as long as short |
| Injective JTO/USDC PERPlong | +0.0033% | 1h | 0.4973 | long leg | $31 | $43K | 5.5x | |
| Paradex JTO-USD-PERP | +0.0077% | 8h | 0.5095 | +2.450% | $488 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5089 | +2.335% | $113K | $229K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5092 | +2.403% | $6.9M | $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 | 0.5090 | +2.347% | $120K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5083 | +2.212% | $11.0M | $28.0M | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5081 | +2.172% | $5.9M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTMshort | +0.0100% | 4h | 0.5087 | +2.290% | $1.5M | $610K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5083 | +2.212% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5084 | +2.232% | — | $8.8M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5090 | +2.353% | $265K | $308K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5079 | +2.136% | $218K | $242K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5083 | +2.212% | $3K | $652 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5084 | +2.232% | $55K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5078 | +2.105% | $512K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5088 | +2.314% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5071 | +1.971% | $602K | $535K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5111 | +2.775% | $57K | $134K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5108 | +2.715% | $377K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0486% | 1h | 0.5096 | +2.466% | $341K | $348K | 25x | as long as short |
Injective JTO/USDC PERP
KuCoin JTOUSDTM
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Bybit JTOUSDT
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