Funding you earn now, next payment 22:00 UTC−0.1016%/8h= −111.2% APRpaid last 24h −0.137%
Price spread now: Deribit against Bitget−0.039%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and Deribit is 0.039% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget JTOUSDT | 0.5144 | 0.0100 | pay 0.0050% / 4h | 2h 51m | $2.5M | $2.4M | 50x |
| Short | Deribit JTO_USDC-PERPETUAL | 0.5142 | −0.0916 | pay 0.0114% / 1h | 51m 13s | $13K | $11K | 10x |
Bitget JTOUSDT
Deribit JTO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$213.25
- Price spread: −0.039% → 0.000%
- −$3.89
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$236.14
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; Deribit: no order-book sample. 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, 1 min ago | 0.97 bp | 16.2 bp −$16 | 61.5 bp −$615 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-PERPETUALshort | −0.0916% | 1h | 0.5142 | −0.039% | $13K | $11K | 10x | |
| Gate JTO_USDT | −0.0141% | 8h | 0.5142 | −0.039% | $933K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0058% | 4h | 0.5141 | −0.058% | $3.9M | $9.8M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5152 | +0.154% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.691% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0013% | 8h | 0.5139 | −0.092% | $513 | — | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.324% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5147 | +0.056% | $99K | $183K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5146 | +0.043% | $173K | $175K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5142 | −0.039% | $11.6M | $27.9M | 75x | as long as short |
Gate JTO_USDT
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Paradex JTO-USD-PERP
Injective JTO/USDC PERP
Lighter JTO
Aster JTOUSDT
Binance JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | +0.0100% | 4h | 0.5146 | +0.039% | $7.5M | $13.5M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5155 | +0.214% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5141 | −0.058% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5149 | +0.105% | $1.6M | $572K | 20x | as long as short |
| Bitget JTOUSDTlong | +0.0100% | 4h | 0.5144 | long leg | $2.5M | $2.4M | 50x | |
| BingX JTO-USDT | +0.0100% | 4h | 0.5143 | −0.019% | — | $63.5M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5172 | +0.554% | $183K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5143 | −0.019% | $4K | $2K | 10x | as long as short |
| Hyperliquid JTO | +0.0104% | 1h | 0.5153 | +0.169% | $7.3M | $3.2M | 5x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5139 | −0.088% | $523K | $854K | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0208% | 1h | 0.5152 | +0.156% | $263K | $526K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5147 | +0.067% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5202 | +1.128% | $57K | $127K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5142 | −0.039% | $641K | $575K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5158 | +0.272% | $371K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0611% | 1h | 0.5151 | +0.135% | $351K | $313K | 25x | as long as short |
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Hyperliquid JTO
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD