Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against KuCoin+0.250%770s7-day average −0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1991.985% of the position
Funding, last 7 days+0.438%+$44 on $10k
+Price spread, last 3 days (all we have)−0.469%−$47 · spread now +0.250%, 7d avg −0.111%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.361% dearer against KuCoin than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of −0.111%. The two prices were read 770 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin JTOUSDTM | 0.5120 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $1.6M | $578K | 20x |
| Short | BloFin JTO-USDT | 0.5133 | 0.0340 | get 0.0170% / 4h | 2h 36m | $622K | $568K | 75x |
KuCoin JTOUSDTM
BloFin JTO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $50.4
- Price spread: +0.250% → −0.111%
- $36.11
- Slippage, 4 orders
- −$174.55
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$112.04
- Costs to cover
- 1.985%
- Break-even
- 22.6 days
Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 30 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 | 11.77 bp | 86.5 bp −$86 | 704.9 bp −$7,049 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 30 min ago | 1.93 bp | 11.8 bp −$12 | 34.5 bp −$345 | 158.8 bp −$15.9K | 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 | −0.0338% | 1h | 0.5098 | −0.434% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0076% | 8h | 0.5107 | −0.258% | $902K | $1.1M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5100 | −0.395% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.190% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.875% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0065% | 4h | 0.5122 | +0.035% | $3.8M | $9.4M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0072% | 8h | 0.5108 | −0.240% | $510 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5097 | −0.453% | $3K | $872 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5109 | −0.229% | $107K | $200K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5101 | −0.384% | $126K | $223K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5115 | −0.102% | $11.3M | $27.8M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5119 | −0.023% | $7.5M | $13.6M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5092 | −0.551% | $55K | $15K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5126 | +0.113% | $6.8M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTMlong | +0.0100% | 4h | 0.5120 | long leg | $1.6M | $578K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5124 | +0.074% | $2.4M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5108 | −0.238% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5107 | −0.250% | $255K | $452K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5103 | −0.332% | $222K | $296K | — | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5108 | −0.243% | $517K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5102 | −0.346% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0264% | 1h | 0.5099 | −0.414% | $59K | $134K | 25x | as long as short |
| BloFin JTO-USDTshort | +0.0340% | 4h | 0.5133 | +0.250% | $622K | $568K | 75x | |
| Phoenix JTO | +0.0466% | 1h | 0.5102 | −0.355% | $377K | $114K | 5x | as long as short |
| Hyperliquid JTO | +0.0485% | 1h | 0.5136 | +0.309% | $7.2M | $3.1M | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0777% | 1h | 0.5107 | −0.265% | $344K | $307K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
Phoenix JTO
Hyperliquid JTO
Kraken Futures PF_JTOUSD