Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against BingX−0.212%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$580.580% of the position
Funding, last 7 days+0.438%+$44 on $10k
+Price spread, last 3 days (all we have)+0.021%+$2 · spread now −0.212%, 7d avg −0.042%
=Funding pays, the price is against you. BloFin is 0.170% cheaper against BingX than usual: you would sell low and buy high (spread −0.212% now, against its 7-day average of −0.042%). If the spread goes back, that is −$17 on $10k: about 2.4 days of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX JTO-USDT | 0.5191 | 0.0100 | pay 0.0050% / 4h | 53m 15s | — | $66.2M | — |
| Short | BloFin JTO-USDT | 0.5180 | 0.0340 | get 0.0170% / 4h | 53m 15s | $629K | $629K | 75x |
BingX JTO-USDT
BloFin JTO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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: −0.212% → −0.042%
- −$17.01
- Slippage, 4 orders
- −$35.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$24.57
- Costs to cover
- 0.580%
- Break-even
- 10.4 days
Slippage from BingX: live order book, 11 min ago; BloFin: live order book, 23 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, 11 min ago | 2.91 bp | 12.7 bp −$13 | 25.6 bp −$256 | 156.9 bp −$15.7K | 517.0 bp −$258.5K |
| Sell BloFin live order book, 23 min ago | 0.98 bp | 10.0 bp −$10 | 18.6 bp −$186 | 97.2 bp −$9,723 | 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 | −0.0327% | 1h | 0.5192 | +0.019% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0139% | 8h | 0.5189 | −0.039% | $934K | $1.4M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0049% | 4h | 0.5188 | −0.058% | $3.9M | $9.7M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0040% | 8h | 0.5179 | −0.240% | $517 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5188 | −0.053% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +6.709% | — | — | — | as long as short |
| Bulk JTO-USD | +0.0024% | 1h | 0.5153 | −0.726% | $56K | $1K | 10x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −4.200% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5197 | +0.119% | $103K | $177K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5200 | +0.174% | $7.3M | $3.1M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Bulk JTO-USD
Injective JTO/USDC PERP
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 | 0.5195 | +0.071% | $174K | $176K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5191 | 0.000% | $11.6M | $28.0M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5193 | +0.039% | $7.4M | $13.8M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5190 | −0.019% | $7.2M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5186 | −0.104% | $1.6M | $641K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5193 | +0.039% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDTlong | +0.0100% | 4h | 0.5191 | long leg | — | $66.2M | — | |
| Variational Omni JTO | +0.0100% | 4h | 0.5184 | −0.139% | $183K | $258K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5190 | −0.019% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5190 | −0.020% | $526K | $854K | 10x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0223% | 1h | 0.5198 | +0.141% | $352K | $312K | 25x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5194 | +0.055% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0296% | 1h | 0.5190 | −0.019% | $57K | $126K | 25x | as long as short |
| BloFin JTO-USDTshort | +0.0340% | 4h | 0.5180 | −0.212% | $629K | $629K | 75x | |
| Backpack JTO_USDC_PERP | +0.0395% | 1h | 0.5189 | −0.048% | $227K | $483K | 10x | as long as short |
| Phoenix JTO | +0.0465% | 1h | 0.5194 | +0.058% | $373K | $266K | 5x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Kraken Futures PF_JTOUSD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP
Phoenix JTO