Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.021%
Price spread now: Bybit against Binance+0.107%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$750.754% of the position
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.107%, 7d avg +0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.047% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance JTOUSDT | 0.5108 | 0.0100 | pay 0.0050% / 4h | 31m 04s | $11.3M | $28.1M | 75x |
| Short | Bybit JTOUSDT | 0.5113 | 0.0100 | get 0.0050% / 4h | 31m 04s | $7.4M | $13.9M | 50x |
Binance JTOUSDT
Bybit JTOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.107% → +0.060%
- $4.72
- Slippage, 4 orders
- −$54.44
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$70.72
- Costs to cover
- 0.754%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Bybit: 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 Binance live order book, 10 min ago | 1.94 bp | 15.7 bp −$16 | 32.5 bp −$325 | 271.6 bp −$27.2K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.98 bp | 19.1 bp −$19 | 45.4 bp −$454 | 557.4 bp −$55.7K | 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 | −0.0532% | 1h | 0.5109 | +0.029% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0175% | 8h | 0.5108 | +0.009% | $899K | $1.5M | 75x | as long as short |
| Paradex JTO-USD-PERP | −0.0007% | 8h | 0.5106 | −0.034% | $510 | — | 5x | as long as short |
| OKX JTO-USDT-SWAP | −0.0006% | 4h | 0.5107 | −0.010% | $3.9M | $9.5M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5115 | +0.146% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.453% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.634% | $31 | $43K | 5.5x | as long as short |
| Bulk JTO-USD | +0.0068% | 1h | 0.5153 | +0.890% | $56K | $1K | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5112 | +0.088% | $101K | $192K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5117 | +0.182% | $7.1M | $3.2M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Paradex JTO-USD-PERP
OKX JTO-USDT-SWAP
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 | 0.5112 | +0.091% | $172K | $177K | 10x | as long as short |
| Binance JTOUSDTlong | +0.0100% | 4h | 0.5108 | long leg | $11.3M | $28.1M | 75x | |
| Bybit JTOUSDTshort | +0.0100% | 4h | 0.5113 | +0.107% | $7.4M | $13.9M | 50x | |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5108 | +0.009% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5116 | +0.168% | $1.6M | $631K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5110 | +0.048% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5110 | +0.048% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5110 | +0.047% | $224K | $305K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5109 | +0.029% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5107 | −0.010% | $518K | $854K | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0117% | 1h | 0.5116 | +0.170% | $224K | $472K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5111 | +0.076% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0226% | 1h | 0.5119 | +0.222% | $346K | $312K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0296% | 1h | 0.5172 | +1.262% | $57K | $116K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5112 | +0.088% | $628K | $612K | 75x | as long as short |
| Phoenix JTO | +0.0465% | 1h | 0.5138 | +0.597% | $369K | $266K | 5x | as long as short |
Aster JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
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