Funding arb · Price arb /

JTO

all JTO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0340%/8h= +37.2% APRpaid last 24h +0.075%

Price spread now: Coinbase International against Bitget+0.467%7-day average +0.330% · you sell dearer than you buy

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

Long on Bitget Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.424%+$42 on $10k

Price spread, last 4 days (all we have)−0.351%−$35 · spread now +0.467%, 7d avg +0.330%

Together, before fees+0.073%+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Coinbase International is 0.138% dearer against Bitget than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.330%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget JTOUSDT	0.5135	0.0100	pay 0.0050% / 4h	2h 00m	$2.4M	$2.3M	50x
Short	Coinbase International JTO-PERP-INTX	0.5159	0.0440	get 0.0055% / 1h	0m 07s	$59K	$133K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Bitget. 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 BitgetbpFee Coinbase InternationalbpOrdersPrice spread, now +0.467%Rate

Funding earned: $71.4
Price spread: +0.467% → +0.330%: $13.79
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $63.19
Costs to cover: 0.220%
Break-even: 0.8 days

Slippage unknown: Bitget: live order book, 2 min ago; Coinbase International: live order book, 48 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 Bitget live order book, 2 min ago	2.92 bp	17.1 bp −$17	57.9 bp −$579	doesn't fit	doesn't fit
Sell Coinbase International live order book, 48 min ago	18.39 bp	23.4 bp −$23	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
Gate JTO_USDT	−0.0187%	8h	0.5135	0.000%	$904K	$1.0M	75x	as long as short
Deribit JTO_USDC-PERPETUAL	−0.0139%	1h	0.5133	−0.039%	$13K	$30K	10x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5138	+0.060%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5540	+7.881%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−3.155%	$31	$43K	5.5x	as long as short
OKX JTO-USDT-SWAP	+0.0075%	4h	0.5130	−0.097%	$3.8M	$9.6M	50x	as long as short
Paradex JTO-USD-PERP	+0.0085%	8h	0.5138	+0.065%	$492	$10	5x	as long as short
Lighter JTO	+0.0096%	1h	0.5141	+0.115%	$115K	$236K	10x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5135	0.000%	$122K	$220K	10x	as long as short
Binance JTOUSDT	+0.0100%	4h	0.5132	−0.063%	$11.1M	$27.9M	75x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit JTOUSDT	+0.0100%	4h	0.5132	−0.058%	$6.9M	$14.2M	50x	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5137	+0.039%	$56K	$2K	10x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5133	−0.039%	$6.0M	$3.6M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5139	+0.070%	$1.5M	$612K	20x	as long as short
Bitget JTOUSDTlong	+0.0100%	4h	0.5135	long leg	$2.4M	$2.3M	50x
BingX JTO-USDT	+0.0100%	4h	0.5130	−0.097%	—	$8.6M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5136	+0.011%	$220K	$241K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5133	−0.039%	$4K	$652	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5131	−0.076%	$518K	$2.2M	10x	as long as short
Hyperliquid JTO	+0.0106%	1h	0.5142	+0.140%	$7.0M	$3.0M	5x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5134	−0.017%	$2K	—	50x	as long as short
Backpack JTO_USDC_PERP	+0.0273%	1h	0.5139	+0.080%	$264K	$306K	10x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5141	+0.117%	$604K	$542K	75x	as long as short
Coinbase International JTO-PERP-INTXshort	+0.0440%	1h	0.5159	+0.467%	$59K	$133K	25x
Phoenix JTO	+0.0464%	1h	0.5152	+0.331%	$380K	$118K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0481%	1h	0.5143	+0.154%	$343K	$347K	25x	as long as short