Funding arb · Price arb /

JTO

all JTO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against KuCoin−0.100%7-day average −0.076% · you buy dearer than you sell

Net, funding: paid 7d − costs−$162as in the Funding arb table

Net, price: spread back to 7d avg − costs−$161as in the Price arb table

costs, in and out, $10k−$1591.585% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 7 days+0.060%+$6 · spread now −0.100%, 7d avg −0.076%

Together, before fees+0.030%+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.025% cheaper against KuCoin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.076%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin JTOUSDTM	0.5170	0.0100	pay 0.0050% / 4h	2h 18m	$1.6M	$579K	20x
Short	Binance JTOUSDT	0.5165	0.0100	get 0.0050% / 4h	2h 18m	$11.4M	$27.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now −0.100%Rate

Funding earned: $0
Price spread: −0.100% → −0.076%: −$2.46
Slippage, 4 orders: −$136.51
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$160.97
Costs to cover: 1.585%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 8 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, 2 min ago	17.44 bp	51.1 bp −$51	424.0 bp −$4,240	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	1.94 bp	13.8 bp −$14	33.0 bp −$330	252.2 bp −$25.2K	doesn't fit

JTO on 25 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	−0.0525%	1h	0.5160	−0.197%	$13K	$10K	10x	as long as short
Gate JTO_USDT	−0.0176%	8h	0.5165	−0.101%	$910K	$1.1M	75x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5172	+0.037%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5539	+7.142%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−3.814%	$31	$43K	5.5x	as long as short
OKX JTO-USDT-SWAP	+0.0056%	4h	0.5164	−0.120%	$3.9M	$9.5M	50x	as long as short
Paradex JTO-USD-PERP	+0.0079%	8h	0.5166	−0.089%	$516	—	5x	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0094%	4h	0.5161	−0.178%	$4K	$872	10x	as long as short
Lighter JTO	+0.0096%	1h	0.5177	+0.135%	$123K	$231K	10x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5168	−0.050%	$127K	$222K	10x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance JTOUSDTshort	+0.0100%	4h	0.5165	−0.100%	$11.4M	$27.5M	75x
Bybit JTOUSDT	+0.0100%	4h	0.5168	−0.043%	$7.6M	$13.5M	50x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5168	−0.043%	$6.7M	$3.5M	50x	as long as short
KuCoin JTOUSDTMlong	+0.0100%	4h	0.5170	long leg	$1.6M	$579K	20x
Bitget JTOUSDT	+0.0100%	4h	0.5167	−0.062%	$2.4M	$2.4M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5168	−0.043%	—	$68.0M	—	as long as short
Backpack JTO_USDC_PERP	+0.0100%	1h	0.5171	+0.010%	$267K	$428K	10x	as long as short
Variational Omni JTO	+0.0100%	4h	0.5160	−0.206%	$224K	$294K	—	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5162	−0.151%	$56K	$15K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5169	−0.030%	$523K	$1.7M	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5162	−0.151%	$2K	—	50x	as long as short
Coinbase International JTO-PERP-INTX	+0.0264%	1h	0.5175	+0.093%	$60K	$139K	25x	as long as short
Hyperliquid JTO	+0.0430%	1h	0.5176	+0.114%	$7.2M	$3.2M	5x	as long as short
Phoenix JTO	+0.0466%	1h	0.5166	−0.081%	$381K	$114K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0768%	1h	0.5164	−0.112%	$347K	$308K	25x	as long as short