Funding arb · Price arb /

JTO

all JTO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0316%/8h= +34.6% APRpaid last 24h +0.074%

Price spread now: Coinbase International against Binance+0.381%7-day average +0.406% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.421%+$42 on $10k

Price spread, last 4 days (all we have)−0.105%−$11 · spread now +0.381%, 7d avg +0.406%

Together, before fees+0.316%+$32 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.025% cheaper against Binance than usual: you would sell low and buy high (spread +0.381% now, against its 7-day average of +0.406%). If the spread goes back, that is −$2 on $10k: about 6 hours of funding at the current rate (+$9 a day).

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	2m 02s	$11.3M	$27.5M	75x
Short	Coinbase International JTO-PERP-INTX	0.5168	0.0416	get 0.0052% / 1h	2m 02s	$58K	$137K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Binance. 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 BinancebpFee Coinbase InternationalbpOrdersPrice spread, now +0.381%Rate

Funding earned: $66.36
Price spread: +0.381% → +0.406%: −$2.5
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $43.86
Costs to cover: 0.200%
Break-even: 2.4 days

Slippage unknown: Binance: live order book, 9 min ago; Coinbase International: live order book, 56 min ago. 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 Binance live order book, 9 min ago	0.97 bp	15.6 bp −$16	35.3 bp −$353	308.9 bp −$30.9K	doesn't fit
Sell Coinbase International live order book, 56 min ago	18.64 bp	doesn't fit	doesn't fit	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	−0.0527%	1h	0.5147	−0.027%	$13K	$10K	10x	as long as short
Gate JTO_USDT	−0.0366%	8h	0.5151	+0.051%	$895K	$1.0M	75x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5151	+0.051%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5540	+7.600%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−3.407%	$31	$43K	5.5x	as long as short
Paradex JTO-USD-PERP	+0.0084%	8h	0.5146	−0.040%	$514	—	5x	as long as short
OKX JTO-USDT-SWAP	+0.0088%	4h	0.5146	−0.046%	$3.9M	$9.4M	50x	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0094%	4h	0.5146	−0.046%	$4K	$652	10x	as long as short
Lighter JTO	+0.0096%	1h	0.5154	+0.113%	$118K	$226K	10x	as long as short
Hyperliquid JTO	+0.0100%	1h	0.5157	+0.162%	$7.0M	$3.0M	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster JTOUSDT	+0.0100%	4h	0.5149	+0.006%	$124K	$218K	10x	as long as short
Binance JTOUSDTlong	+0.0100%	4h	0.5148	long leg	$11.3M	$27.5M	75x
Bybit JTOUSDT	+0.0100%	4h	0.5148	−0.007%	$7.1M	$14.0M	50x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5148	−0.007%	$6.3M	$3.5M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5151	+0.057%	$1.5M	$603K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5153	+0.090%	$2.4M	$2.3M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5148	−0.007%	—	$68.0M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5143	−0.112%	$223K	$266K	—	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5141	−0.143%	$56K	$17K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5147	−0.029%	$518K	$1.7M	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5150	+0.031%	$2K	—	50x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5152	+0.070%	$620K	$506K	75x	as long as short
Backpack JTO_USDC_PERP	+0.0349%	1h	0.5157	+0.175%	$268K	$315K	10x	as long as short
Coinbase International JTO-PERP-INTXshort	+0.0416%	1h	0.5168	+0.381%	$58K	$137K	25x
Phoenix JTO	+0.0469%	1h	0.5159	+0.206%	$381K	$110K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0730%	1h	0.5154	+0.103%	$335K	$312K	25x	as long as short