Funding you earn now, next payment 00:00 UTC−0.0103%/8h= −11.3% APRnext payment −$0.51 per $10,000 · paid last 24h −0.012%
Price spread now: OKX against KuCoin−0.208%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1691.686% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 7 days+0.164%+$16 · spread now −0.208%, 7d avg −0.066%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.141% cheaper against KuCoin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.066%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin JTOUSDTM | 0.5147 | 0.0100 | pay 0.0050% / 4h | 36m 22s | $1.6M | $631K | 20x |
| Short | OKX JTO-USDT-SWAP | 0.5136 | −0.0003 | pay 0.0001% / 4h | 36m 22s | $3.9M | $9.5M | 50x |
KuCoin JTOUSDTM
OKX JTO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$21.59
- Price spread: −0.208% → −0.066%
- −$14.15
- Slippage, 4 orders
- −$146.56
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$204.29
- Costs to cover
- 1.686%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; OKX: live order book, 2 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, 5 min ago | 11.65 bp | 78.1 bp −$78 | 713.0 bp −$7,130 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.97 bp | 17.8 bp −$18 | 56.9 bp −$569 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit JTO_USDC-PERPETUAL | −0.0528% | 1h | 0.5139 | −0.150% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0169% | 8h | 0.5140 | −0.130% | $925K | $1.4M | 75x | as long as short |
| Paradex JTO-USD-PERP | −0.0006% | 8h | 0.5138 | −0.160% | $513 | — | 5x | as long as short |
| OKX JTO-USDT-SWAPshort | −0.0003% | 4h | 0.5136 | −0.208% | $3.9M | $9.5M | 50x | |
| dYdX JTO-USD | 0.0000% | 1h | 0.5145 | −0.030% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.628% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.375% | $31 | $43K | 5.5x | as long as short |
| Bulk JTO-USD | +0.0068% | 1h | 0.5153 | +0.122% | $56K | $1K | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5150 | +0.060% | $107K | $182K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5148 | +0.023% | $7.2M | $3.1M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Bulk JTO-USD
Lighter JTO
Hyperliquid JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5145 | −0.031% | $173K | $176K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5138 | −0.163% | $11.4M | $27.9M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5142 | −0.091% | $7.4M | $13.8M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5140 | −0.130% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTMlong | +0.0100% | 4h | 0.5147 | long leg | $1.6M | $631K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5143 | −0.072% | $2.5M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5139 | −0.150% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5141 | −0.113% | $226K | $303K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5140 | −0.130% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5137 | −0.181% | $524K | $854K | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0119% | 1h | 0.5147 | −0.004% | $225K | $473K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5142 | −0.093% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0225% | 1h | 0.5149 | +0.042% | $348K | $312K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0296% | 1h | 0.5172 | +0.492% | $57K | $116K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5146 | −0.014% | $633K | $615K | 75x | as long as short |
| Phoenix JTO | +0.0465% | 1h | 0.5156 | +0.181% | $370K | $266K | 5x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO