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 Bitget−0.019%45s7-day average −0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as 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−$760.763% of the position
Funding, last 7 days+0.465%+$47 on $10k
+Price spread, last 4 days (all we have)−0.278%−$28 · spread now −0.019%, 7d avg −0.110%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.091% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.110%. The two prices were read 45 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 | Bitget JTOUSDT | 0.5153 | 0.0100 | pay 0.0050% / 4h | 2m 34s | $2.4M | $2.3M | 50x |
| Short | BloFin JTO-USDT | 0.5152 | 0.0340 | get 0.0170% / 4h | 2m 34s | $620K | $506K | 75x |
Bitget JTOUSDT
BloFin JTO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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: −0.019% → −0.110%
- $9.06
- Slippage, 4 orders
- −$52.31
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$16.85
- Costs to cover
- 0.763%
- Break-even
- 9.3 days
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 34 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 Bitget live order book, 5 min ago | 1.94 bp | 20.2 bp −$20 | 60.2 bp −$602 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 34 min ago | 7.81 bp | 20.2 bp −$20 | 35.3 bp −$353 | 121.8 bp −$12.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate JTO_USDT | −0.0366% | 8h | 0.5151 | −0.039% | $895K | $1.0M | 75x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0332% | 1h | 0.5151 | −0.039% | $13K | $10K | 10x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5151 | −0.039% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.503% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.493% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0084% | 8h | 0.5146 | −0.130% | $514 | — | 5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0088% | 4h | 0.5145 | −0.155% | $3.9M | $9.4M | 50x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5151 | −0.039% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5154 | +0.025% | $118K | $226K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5155 | +0.047% | $7.0M | $3.0M | 5x | as long as short |
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
OKX JTO-USDT-SWAP
Orderly PERP_JTO_USDC_mythos
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 | 0.5148 | −0.105% | $124K | $218K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5146 | −0.136% | $11.3M | $27.5M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5147 | −0.116% | $7.1M | $14.0M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5147 | −0.116% | $6.3M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5151 | −0.039% | $1.5M | $603K | 20x | as long as short |
| Bitget JTOUSDTlong | +0.0100% | 4h | 0.5153 | long leg | $2.4M | $2.3M | 50x | |
| BingX JTO-USDT | +0.0100% | 4h | 0.5147 | −0.116% | — | $68.0M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5143 | −0.202% | $223K | $266K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5141 | −0.233% | $56K | $17K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5145 | −0.165% | $518K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5156 | +0.062% | $2K | — | 50x | as long as short |
| BloFin JTO-USDTshort | +0.0340% | 4h | 0.5152 | −0.019% | $620K | $506K | 75x | |
| Backpack JTO_USDC_PERP | +0.0343% | 1h | 0.5160 | +0.128% | $268K | $315K | 10x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0416% | 1h | 0.5168 | +0.291% | $58K | $137K | 25x | as long as short |
| Phoenix JTO | +0.0469% | 1h | 0.5159 | +0.116% | $381K | $110K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0730% | 1h | 0.5154 | +0.022% | $336K | $312K | 25x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
BingX JTO-USDT
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD