Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.083%
Price spread now: Backpack against KuCoin+0.036%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1591.590% of the position
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.036%, 7d avg +0.062%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.026% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin JTOUSDTM | 0.5040 | 0.0100 | pay 0.0050% / 4h | 1h 49m | $1.4M | $589K | 20x |
| Short | Backpack JTO_USDC_PERP | 0.5042 | 0.0100 | get 0.0013% / 1h | 49m 25s | $235K | $338K | 10x |
KuCoin JTOUSDTM
Backpack JTO_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack 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
- $0
- Price spread: +0.036% → +0.062%
- −$2.62
- Slippage, 4 orders
- −$136.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$161.6
- Costs to cover
- 1.590%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Backpack: live order book, 62 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 | 10.90 bp | 60.8 bp −$61 | 416.9 bp −$4,169 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 62 min ago | 0.89 bp | 15.7 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
JTO on 26 exchanges
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 | −0.0544% | 1h | 0.5036 | −0.087% | $22K | $40K | 10x | as long as short |
| Kraken Futures PF_JTOUSD | −0.0318% | 1h | 0.5034 | −0.121% | $329K | $402K | 25x | as long as short |
| Bybit JTOUSDT | −0.0197% | 4h | 0.5039 | −0.028% | $6.5M | $13.1M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0021% | 8h | 0.5034 | −0.132% | $482 | $10 | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5038 | −0.038% | $3K | $5K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +9.902% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −1.337% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5041 | +0.006% | $112K | $205K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5043 | +0.062% | $6.8M | $2.8M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5041 | +0.007% | $116K | $204K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Kraken Futures PF_JTOUSD
Bybit JTOUSDT
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDTShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5032 | −0.160% | $10.5M | $25.7M | 75x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5032 | −0.167% | $3.7M | $9.0M | 50x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.5034 | −0.127% | $873K | $852K | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5033 | −0.147% | $6.0M | $3.0M | 50x | as long as short |
| KuCoin JTOUSDTMlong | +0.0100% | 4h | 0.5040 | long leg | $1.4M | $589K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5033 | −0.147% | $2.2M | $2.2M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5034 | −0.127% | — | $8.3M | — | as long as short |
| Backpack JTO_USDC_PERPshort | +0.0100% | 1h | 0.5042 | +0.036% | $235K | $338K | 10x | |
| Variational Omni JTO | +0.0100% | 4h | 0.5035 | −0.103% | $217K | $191K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5035 | −0.107% | $4K | $798 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5050 | +0.190% | $55K | −$0 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5032 | −0.160% | $516K | $2.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5045 | +0.082% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0316% | 1h | 0.5047 | +0.131% | $357K | $122K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5040 | −0.008% | $572K | $518K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5046 | +0.111% | $55K | $121K | 25x | as long as short |
Binance JTOUSDT
OKX JTO-USDT-SWAP
Gate JTO_USDT
MEXC JTO_USDT
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Phoenix JTO
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX