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+3.360%70s7-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 3.360% dearer against Injective than usual: you sell high and buy low: +$336 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 70 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 | Injective JTO/USDC PERP | 0.4973 | 0.0033 | pay 0.0004% / 1h | 4m 00s | $31 | $43K | 5.5x |
| Short | KuCoin JTOUSDTM | 0.5140 | 0.0100 | get 0.0050% / 4h | 2h 04m | $1.5M | $613K | 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: +3.360% → 0.000%
- $336.01
- 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
- $337.99
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 2 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, 2 min ago | 11.67 bp | 68.6 bp −$69 | 500.8 bp −$5,008 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate JTO_USDT | −0.0202% | 8h | 0.5137 | +3.298% | $904K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5138 | +3.319% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +11.394% | — | — | — | as long as short |
| Deribit JTO_USDC-PERPETUAL | 0.0000% | 1h | 0.5140 | +3.358% | $13K | $30K | 10x | as long as short |
| Injective JTO/USDC PERPlong | +0.0033% | 1h | 0.4973 | long leg | $31 | $43K | 5.5x | |
| OKX JTO-USDT-SWAP | +0.0070% | 4h | 0.5137 | +3.298% | $3.8M | $9.6M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0084% | 8h | 0.5136 | +3.273% | $492 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5145 | +3.469% | $116K | $234K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5148 | +3.521% | $7.0M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5141 | +3.375% | $122K | $220K | 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 | 0.5138 | +3.308% | $11.1M | $28.0M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5136 | +3.278% | $7.0M | $14.2M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5138 | +3.318% | $6.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTMshort | +0.0100% | 4h | 0.5140 | +3.360% | $1.5M | $613K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5139 | +3.338% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5138 | +3.318% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5153 | +3.611% | $221K | $241K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5139 | +3.338% | $4K | $652 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5140 | +3.363% | $56K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5137 | +3.291% | $518K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5139 | +3.342% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0260% | 1h | 0.5146 | +3.475% | $265K | $307K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5149 | +3.539% | $603K | $543K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5159 | +3.740% | $59K | $133K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5148 | +3.519% | $380K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0481% | 1h | 0.5150 | +3.551% | $344K | $347K | 25x | as long as short |
Injective JTO/USDC PERP
KuCoin JTOUSDTM
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD