Funding you earn now, next payment 07:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against KuCoin−2.435%85s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 2.435% cheaper against KuCoin than usual: you would sell low and buy high (−$243 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 85 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 | 0.5097 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $1.5M | $620K | 20x |
| Short | Injective JTO/USDC PERP | 0.4973 | 0.0033 | get 0.0004% / 1h | 15m 51s | $31 | $43K | 5.5x |
KuCoin JTOUSDTM
Injective JTO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −2.435% → 0.000%
- −$243.47
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$269.49
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 10 min ago; Injective: no order-book sample. 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 KuCoin live order book, 10 min ago | 14.72 bp | 73.8 bp −$74 | 528.8 bp −$5,288 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit JTO_USDC-PERPETUAL | −0.0339% | 1h | 0.5094 | −0.061% | $13K | $30K | 10x | as long as short |
| Gate JTO_USDT | −0.0130% | 8h | 0.5093 | −0.080% | $884K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5096 | −0.019% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.682% | — | — | — | as long as short |
| Injective JTO/USDC PERPshort | +0.0033% | 1h | 0.4973 | −2.435% | $31 | $43K | 5.5x | |
| Paradex JTO-USD-PERP | +0.0079% | 8h | 0.5093 | −0.085% | $488 | $10 | 5x | as long as short |
| Bybit JTOUSDT | +0.0092% | 4h | 0.5093 | −0.080% | $6.8M | $14.3M | 50x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5101 | +0.075% | $114K | $240K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5103 | +0.110% | $6.9M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5095 | −0.041% | $119K | $228K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Paradex JTO-USD-PERP
Bybit JTOUSDT
Lighter JTO
Hyperliquid 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 | 0.5093 | −0.085% | $10.8M | $28.8M | 75x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5091 | −0.120% | $3.8M | $9.8M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5093 | −0.080% | $6.0M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTMlong | +0.0100% | 4h | 0.5097 | long leg | $1.5M | $620K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5095 | −0.041% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5094 | −0.061% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5090 | −0.137% | $218K | $235K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5093 | −0.080% | $4K | $918 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5090 | −0.139% | $55K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5092 | −0.107% | $511K | $2.2M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0194% | 1h | 0.5100 | +0.059% | $218K | $311K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5096 | −0.029% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5089 | −0.159% | $583K | $537K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0456% | 1h | 0.5108 | +0.214% | $58K | $139K | 25x | as long as short |
| Phoenix JTO | +0.0467% | 1h | 0.5105 | +0.155% | $377K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0846% | 1h | 0.5101 | +0.069% | $323K | $374K | 25x | as long as short |
Binance JTOUSDT
OKX JTO-USDT-SWAP
MEXC JTO_USDT
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD