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: Binance against BloFin0.000%61s7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as 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−$580.582% of the position
Funding, last 7 days−0.468%−$47 on $10k
+Price spread, last 3 days (all we have)+0.178%+$18 · spread now 0.000%, 7d avg +0.023%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.023% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.023%). Swap the legs. The two prices were read 61 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 | BloFin JTO-USDT | 0.5112 | 0.0340 | pay 0.0170% / 4h | 1h 10m | $630K | $570K | 75x |
| Short | Binance JTOUSDT | 0.5112 | 0.0100 | get 0.0050% / 4h | 1h 10m | $11.4M | $28.1M | 75x |
BloFin JTO-USDT
Binance JTOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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: 0.000% → +0.023%
- −$2.25
- Slippage, 4 orders
- −$36.17
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$110.82
- Costs to cover
- 0.582%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Binance: live order book, 1 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 BloFin live order book, 6 min ago | 0.98 bp | 21.1 bp −$21 | 29.4 bp −$294 | 106.3 bp −$10.6K | doesn't fit |
| Sell Binance live order book, 1 min ago | 0.98 bp | 13.9 bp −$14 | 29.0 bp −$290 | 238.8 bp −$23.9K | 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 | −0.0727% | 1h | 0.5112 | 0.000% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0174% | 8h | 0.5112 | 0.000% | $920K | $1.5M | 75x | as long as short |
| Paradex JTO-USD-PERP | −0.0091% | 8h | 0.5110 | −0.047% | $510 | — | 5x | as long as short |
| OKX JTO-USDT-SWAP | −0.0083% | 4h | 0.5110 | −0.039% | $3.9M | $9.9M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5114 | +0.040% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.360% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.719% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5118 | +0.110% | $97K | $175K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5120 | +0.158% | $7.2M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5116 | +0.078% | $172K | $176K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Paradex JTO-USD-PERP
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDTshort | +0.0100% | 4h | 0.5112 | 0.000% | $11.4M | $28.1M | 75x | |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5115 | +0.059% | $7.3M | $13.8M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5109 | −0.050% | $55K | $1K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5110 | −0.039% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5120 | +0.151% | $1.6M | $642K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5113 | +0.020% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5112 | 0.000% | — | $66.2M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5117 | +0.098% | $225K | $502K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5115 | +0.055% | $180K | $258K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5111 | −0.020% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5111 | −0.021% | $518K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5115 | +0.056% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0304% | 1h | 0.5131 | +0.372% | $56K | $124K | 25x | as long as short |
| BloFin JTO-USDTlong | +0.0340% | 4h | 0.5112 | long leg | $630K | $570K | 75x | |
| Phoenix JTO | +0.0463% | 1h | 0.5126 | +0.274% | $369K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0520% | 1h | 0.5120 | +0.163% | $347K | $313K | 25x | as long as short |
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD