Funding arb · Price arb /

JTO

all JTO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against BingX+0.196%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$640.641% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 7 days−0.225%−$23 · spread now +0.196%, 7d avg −0.020%

Together, before fees−0.255%−$26 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: Binance is 0.215% dearer against BingX than usual: you sell high and buy low, +$22 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	BingX JTO-USDT	0.5113	0.0100	pay 0.0050% / 4h	2h 53m	—	$68.0M	—
Short	Binance JTOUSDT	0.5123	0.0100	get 0.0050% / 4h	2h 53m	$11.3M	$27.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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 BingXbpFee BinancebpOrdersPrice spread, now +0.196%Rate

Funding earned: $0
Price spread: +0.196% → −0.020%: $21.54
Slippage, 4 orders: −$44.13
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$42.59
Costs to cover: 0.641%
Break-even: never at this rate

Slippage from BingX: live order book, 15 min ago; Binance: live order book, 3 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 BingX live order book, 15 min ago	4.86 bp	16.2 bp −$16	30.8 bp −$308	193.2 bp −$19.3K	587.3 bp −$293.7K
Sell Binance live order book, 3 min ago	1.97 bp	15.4 bp −$15	44.2 bp −$442	254.5 bp −$25.5K	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	−0.0142%	1h	0.5095	−0.352%	$12K	$10K	10x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5116	+0.059%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5539	+8.340%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−2.738%	$31	$43K	5.5x	as long as short
OKX JTO-USDT-SWAP	+0.0038%	4h	0.5123	+0.196%	$3.8M	$9.4M	50x	as long as short
Paradex JTO-USD-PERP	+0.0058%	8h	0.5103	−0.198%	$509	—	5x	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0094%	4h	0.5095	−0.352%	$3K	$872	10x	as long as short
Lighter JTO	+0.0096%	1h	0.5112	−0.023%	$107K	$200K	10x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5101	−0.234%	$171K	$221K	10x	as long as short
Binance JTOUSDTshort	+0.0100%	4h	0.5123	+0.196%	$11.3M	$27.8M	75x

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit JTOUSDT	+0.0100%	4h	0.5129	+0.313%	$7.5M	$13.5M	50x	as long as short
Gate JTO_USDT	+0.0100%	8h	0.5112	−0.020%	$900K	$1.0M	75x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5113	0.000%	$6.8M	$3.5M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5111	−0.029%	$1.6M	$577K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5118	+0.098%	$2.5M	$2.4M	50x	as long as short
BingX JTO-USDTlong	+0.0100%	4h	0.5113	long leg	—	$68.0M	—
Backpack JTO_USDC_PERP	+0.0100%	1h	0.5112	−0.016%	$221K	$435K	10x	as long as short
Variational Omni JTO	+0.0100%	4h	0.5089	−0.465%	$221K	$296K	—	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5132	+0.363%	$63K	$8K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5112	−0.026%	$513K	$1.7M	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0223% / S −0.2181%	1h	0.5087	−0.507%	$2K	—	50x	as long as short
Coinbase International JTO-PERP-INTX	+0.0264%	1h	0.5091	−0.430%	$59K	$133K	25x	as long as short
Phoenix JTO	+0.0312%	1h	0.5118	+0.098%	$378K	$114K	5x	as long as short
Hyperliquid JTO	+0.0316%	1h	0.5113	−0.004%	$7.1M	$3.0M	5x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5070	−0.841%	$622K	$536K	75x	as long as short
Kraken Futures PF_JTOUSD	+0.0776%	1h	0.5110	−0.049%	$345K	$309K	25x	as long as short