Funding arb · Price arb /

JTO

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Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Bitget against Aster−0.055%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$153as in the Price arb table

costs, in and out, $10k−$1501.499% of the position

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.543%−$54 · spread now −0.055%, 7d avg −0.020%

Together, before fees−0.546%+ Points / potential airdropAster: Stage 5 · farm board−$55 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: Bitget is 0.035% cheaper against Aster than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster JTOUSDT	0.5167	0.0100	pay 0.0050% / 4h	3h 12m	$173K	$175K	10x
Short	Bitget JTOUSDT	0.5164	0.0100	get 0.0050% / 4h	3h 12m	$2.6M	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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 AsterbpFee BitgetbpOrdersPrice spread, now −0.055%Rate

Funding earned: $0
Price spread: −0.055% → −0.020%: −$3.5
Slippage, 4 orders: −$129.94
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$153.44
Costs to cover: 1.499%
Break-even: never at this rate

Slippage from Aster: live order book, 14 min ago; Bitget: live order book, 5 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 Aster live order book, 14 min ago	6.79 bp	92.5 bp −$93	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	1.94 bp	16.3 bp −$16	51.5 bp −$515	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	−0.0524%	1h	0.5165	−0.035%	$23K	$460	10x	as long as short
Gate JTO_USDT	−0.0144%	8h	0.5162	−0.093%	$938K	$1.6M	75x	as long as short
OKX JTO-USDT-SWAP	−0.0071%	4h	0.5154	−0.248%	$3.9M	$9.9M	50x	as long as short
Paradex JTO-USD-PERP	−0.0009%	8h	0.5163	−0.066%	$515	—	5x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5167	+0.004%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5540	+7.215%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−3.751%	$31	$43K	5.5x	as long as short
Lighter JTO	+0.0096%	1h	0.5169	+0.044%	$98K	$184K	10x	as long as short
Hyperliquid JTO	+0.0100%	1h	0.5174	+0.145%	$7.3M	$3.2M	5x	as long as short
Aster JTOUSDTlong	+0.0100%	4h	0.5167	long leg	$173K	$175K	10x

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance JTOUSDT	+0.0100%	4h	0.5159	−0.149%	$11.6M	$28.0M	75x	as long as short
Bybit JTOUSDT	+0.0100%	4h	0.5163	−0.074%	$7.6M	$13.5M	50x	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5143	−0.458%	$56K	$2K	10x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5160	−0.132%	$7.2M	$4.1M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5165	−0.029%	$1.6M	$573K	20x	as long as short
Bitget JTOUSDTshort	+0.0100%	4h	0.5164	−0.055%	$2.6M	$2.4M	50x
BingX JTO-USDT	+0.0100%	4h	0.5158	−0.171%	—	$63.6M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5159	−0.150%	$182K	$261K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5166	−0.016%	$4K	$2K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5157	−0.194%	$513K	$844K	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5169	+0.052%	$2K	—	50x	as long as short
Phoenix JTO	+0.0311%	1h	0.5154	−0.248%	$371K	$269K	5x	as long as short
Coinbase International JTO-PERP-INTX	+0.0320%	1h	0.5202	+0.681%	$57K	$128K	25x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5154	−0.248%	$647K	$560K	75x	as long as short
Backpack JTO_USDC_PERP	+0.0431%	1h	0.5170	+0.067%	$264K	$533K	10x	as long as short
Kraken Futures PF_JTOUSD	+0.0875%	1h	0.5174	+0.147%	$353K	$330K	25x	as long as short