JTO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0212%/8h= −23.2% APRnext payment −$1.06 per $10,000 · paid last 24h −0.012%

Price spread now: OKX against Bitget−0.039%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$690.693% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 7 days+0.035%+$3 · spread now −0.039%, 7d avg −0.015%

Together, before fees+0.014%+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and OKX is 0.024% cheaper against Bitget than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.015%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.020% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.06 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget JTOUSDT	0.5182	0.0100	pay 0.0050% / 4h	1h 43m	$2.5M	$2.4M	50x
Short	OKX JTO-USDT-SWAP	0.5180	−0.0112	pay 0.0056% / 4h	1h 43m	$3.9M	$9.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.039%Rate

Funding earned: −$44.47
Price spread: −0.039% → −0.015%: −$2.38
Slippage, 4 orders: −$47.31
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$116.16
Costs to cover: 0.693%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 5 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, 4 min ago	2.90 bp	20.3 bp −$20	61.6 bp −$616	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.97 bp	16.3 bp −$16	65.7 bp −$657	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
Deribit JTO_USDC-PERPETUAL	−0.0522%	1h	0.5180	−0.039%	$13K	$11K	10x	as long as short
Gate JTO_USDT	−0.0150%	8h	0.5181	−0.019%	$936K	$1.5M	75x	as long as short
OKX JTO-USDT-SWAPshort	−0.0112%	4h	0.5180	−0.039%	$3.9M	$9.9M	50x
dYdX JTO-USD	0.0000%	1h	0.5185	+0.066%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5539	+6.898%	—	—	—	as long as short
Paradex JTO-USD-PERP	+0.0013%	8h	0.5184	+0.038%	$517	—	5x	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−4.033%	$31	$43K	5.5x	as long as short
Bulk JTO-USD	+0.0074%	1h	0.5168	−0.270%	$56K	$1K	10x	as long as short
Lighter JTO	+0.0096%	1h	0.5188	+0.106%	$99K	$174K	10x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5185	+0.054%	$174K	$176K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance JTOUSDT	+0.0100%	4h	0.5180	−0.039%	$11.6M	$27.9M	75x	as long as short
Bybit JTOUSDT	+0.0100%	4h	0.5187	+0.096%	$7.5M	$13.8M	50x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5180	−0.039%	$7.2M	$3.7M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5186	+0.083%	$1.6M	$678K	20x	as long as short
Bitget JTOUSDTlong	+0.0100%	4h	0.5182	long leg	$2.5M	$2.4M	50x
BingX JTO-USDT	+0.0100%	4h	0.5182	0.000%	—	$63.6M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5172	−0.193%	$183K	$258K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5181	−0.019%	$4K	$2K	10x	as long as short
Hyperliquid JTO	+0.0102%	1h	0.5191	+0.173%	$7.3M	$3.1M	5x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5181	−0.018%	$523K	$854K	10x	as long as short
Backpack JTO_USDC_PERP	+0.0188%	1h	0.5188	+0.116%	$228K	$511K	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5183	+0.014%	$2K	—	50x	as long as short
Coinbase International JTO-PERP-INTX	+0.0304%	1h	0.5186	+0.077%	$57K	$125K	25x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5175	−0.135%	$641K	$576K	75x	as long as short
Phoenix JTO	+0.0463%	1h	0.5178	−0.077%	$372K	$267K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0513%	1h	0.5186	+0.068%	$353K	$313K	25x	as long as short