Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Binance+0.233%71s7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$490.495% of the position
Funding, last 7 days+0.468%+$47 on $10k
+Price spread, last 3 days (all we have)−0.368%−$37 · spread now +0.233%, 7d avg −0.022%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.255% dearer against Binance than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.022%. The two prices were read 71 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 | Binance JTOUSDT | 0.5148 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $11.4M | $27.6M | 75x |
| Short | BloFin JTO-USDT | 0.5160 | 0.0340 | get 0.0170% / 4h | 3h 12m | $623K | $593K | 75x |
Binance JTOUSDT
BloFin JTO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $50.4
- Price spread: +0.233% → −0.022%
- $25.47
- Slippage, 4 orders
- −$27.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $26.4
- Costs to cover
- 0.495%
- Break-even
- 3.3 days
Slippage from Binance: live order book, 14 min ago; BloFin: live order book, 59 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 Binance live order book, 14 min ago | 0.96 bp | 13.3 bp −$13 | 25.2 bp −$252 | 272.9 bp −$27.3K | doesn't fit |
| Sell BloFin live order book, 59 min ago | 1.96 bp | 9.8 bp −$10 | 21.4 bp −$214 | 85.8 bp −$8,575 | 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 | −0.0138% | 1h | 0.5151 | +0.058% | $13K | $10K | 10x | as long as short |
| OKX JTO-USDT-SWAP | −0.0020% | 4h | 0.5147 | −0.019% | $3.9M | $9.3M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5154 | +0.120% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.603% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.399% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0037% | 8h | 0.5150 | +0.040% | $514 | — | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5152 | +0.076% | $99K | $189K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5159 | +0.214% | $7.0M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5154 | +0.111% | $173K | $157K | 10x | as long as short |
| Binance JTOUSDTlong | +0.0100% | 4h | 0.5148 | long leg | $11.4M | $27.6M | 75x |
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | +0.0100% | 4h | 0.5151 | +0.058% | $7.6M | $13.3M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5147 | −0.019% | $63K | $8K | 10x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.5153 | +0.097% | $911K | $1.2M | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5148 | 0.000% | $7.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5159 | +0.204% | $1.6M | $596K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5152 | +0.078% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5151 | +0.058% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5174 | +0.499% | $226K | $299K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5151 | +0.058% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5148 | +0.004% | $519K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5153 | +0.089% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0247% | 1h | 0.5161 | +0.261% | $349K | $310K | 25x | as long as short |
| Phoenix JTO | +0.0312% | 1h | 0.5184 | +0.699% | $383K | $262K | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5160 | +0.233% | $63K | $129K | 25x | as long as short |
| BloFin JTO-USDTshort | +0.0340% | 4h | 0.5160 | +0.233% | $623K | $593K | 75x | |
| Backpack JTO_USDC_PERP | +0.0351% | 1h | 0.5157 | +0.165% | $223K | $459K | 10x | as long as short |
Bybit JTOUSDT
Bulk JTO-USD
Gate JTO_USDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Kraken Futures PF_JTOUSD
Phoenix JTO
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP