Funding you earn now, next payment 08:00 UTC+0.0197%/8h= +21.6% APRnext payment +$0.98 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against Bybit−0.002%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1821.817% of the position
Funding, last 7 days+0.163%+$16 on $10k
+Price spread, last 7 days−0.121%−$12 · spread now −0.002%, 7d avg +0.015%
=The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit JTOUSDT | 0.5163 | −0.0097 | get 0.0048% / 4h | 2h 47m | $7.1M | $14.0M | 50x |
| Short | KuCoin JTOUSDTM | 0.5163 | 0.0100 | get 0.0050% / 4h | 2h 47m | $1.5M | $607K | 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
- $41.34
- Price spread: −0.002% → +0.015%
- −$1.74
- Slippage, 4 orders
- −$158.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$142.05
- Costs to cover
- 1.817%
- Break-even
- 31.1 days
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 3 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, 1 min ago | 1.92 bp | 27.5 bp −$28 | 65.9 bp −$659 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 11.56 bp | 64.9 bp −$65 | 490.2 bp −$4,902 | 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 | −0.0331% | 8h | 0.5159 | −0.077% | $893K | $989K | 75x | as long as short |
| Bybit JTOUSDTlong | −0.0097% | 4h | 0.5163 | long leg | $7.1M | $14.0M | 50x | |
| OKX JTO-USDT-SWAP | −0.0061% | 4h | 0.5159 | −0.077% | $3.9M | $9.4M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5166 | +0.058% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.294% | — | — | — | as long as short |
| Deribit JTO_USDC-PERPETUAL | 0.0000% | 1h | 0.5211 | +0.930% | $13K | $10K | 10x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.680% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0096% | 8h | 0.5168 | +0.091% | $516 | — | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5179 | +0.302% | $116K | $228K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5163 | 0.000% | $123K | $219K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5156 | −0.132% | $11.3M | $27.7M | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5157 | −0.116% | $6.0M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTMshort | +0.0100% | 4h | 0.5163 | −0.002% | $1.5M | $607K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5163 | 0.000% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5157 | −0.116% | — | $8.8M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5180 | +0.321% | $222K | $242K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5158 | −0.097% | $4K | $652 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5173 | +0.194% | $56K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5163 | +0.006% | $520K | $2.2M | 10x | as long as short |
| Hyperliquid JTO | +0.0136% | 1h | 0.5169 | +0.110% | $7.0M | $3.0M | 5x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5157 | −0.120% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5187 | +0.465% | $614K | $539K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5209 | +0.891% | $59K | $139K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5195 | +0.620% | $384K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0474% | 1h | 0.5220 | +1.100% | $337K | $313K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.1123% | 1h | 0.5216 | +1.032% | $268K | $311K | 10x | as long as short |
Bybit JTOUSDT
KuCoin JTOUSDTM
Gate JTO_USDT
OKX JTO-USDT-SWAP
Deribit JTO_USDC-PERPETUAL
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Lighter JTO
Aster JTOUSDT
Binance JTOUSDT
MEXC JTO_USDT
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
Hyperliquid JTO
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD
Backpack JTO_USDC_PERP