Funding arb · Price arb /

JTO

all JTO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0307%/8h= −33.6% APRpaid last 24h −0.105%

Price spread now: Paradex against BloFin+0.183%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.183% dearer against BloFin than usual: you sell high and buy low (spread +0.183% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 48 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin JTO-USDT	0.5051	0.0340	pay 0.0170% / 4h	22m 41s	$583K	$559K	75x
Short	Paradex JTO-USD-PERP	0.5060	0.0033	get 0.0033% / 8h	22m 41s	$485	$10	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against BloFin. 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 BloFinbpFee ParadexbpOrdersPrice spread, now +0.183%Rate

Funding earned: −$64.53
Price spread: +0.183% → 0.000%: $18.34
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$62.19
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: BloFin: live order book, 59 min ago; Paradex: 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 BloFin live order book, 59 min ago	3.93 bp	12.9 bp −$13	24.8 bp −$248	122.8 bp −$12.3K	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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-PERPETUAL	−0.0343%	1h	0.5060	+0.178%	$12K	$30K	10x	as long as short
Gate JTO_USDT	−0.0051%	8h	0.5061	+0.198%	$877K	$1.0M	75x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5067	+0.317%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5539	+9.669%	—	—	—	as long as short
Bybit JTOUSDT	+0.0027%	4h	0.5060	+0.178%	$6.7M	$14.3M	50x	as long as short
Paradex JTO-USD-PERPshort	+0.0033%	8h	0.5060	+0.183%	$485	$10	5x
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−1.544%	$31	$43K	5.5x	as long as short
Lighter JTO	+0.0096%	1h	0.5068	+0.333%	$113K	$243K	10x	as long as short
Hyperliquid JTO	+0.0100%	1h	0.5073	+0.430%	$6.9M	$3.1M	5x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5068	+0.338%	$118K	$230K	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	0.5063	+0.228%	$10.7M	$28.6M	75x	as long as short
OKX JTO-USDT-SWAP	+0.0100%	4h	0.5059	+0.158%	$3.7M	$9.7M	50x	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5077	+0.515%	$55K	−$0	10x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5061	+0.198%	$6.0M	$3.5M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5064	+0.261%	$1.5M	$588K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5064	+0.257%	$2.3M	$2.4M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5059	+0.158%	—	$8.6M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5065	+0.278%	$217K	$229K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5060	+0.178%	$4K	$918	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5059	+0.152%	$519K	$2.7M	10x	as long as short
Backpack JTO_USDC_PERP	+0.0132%	1h	0.5065	+0.271%	$244K	$324K	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0223% / S −0.2181%	1h	0.5062	+0.220%	$2K	—	50x	as long as short
BloFin JTO-USDTlong	+0.0340%	4h	0.5051	long leg	$583K	$559K	75x
Coinbase International JTO-PERP-INTX	+0.0464%	1h	0.5065	+0.277%	$57K	$131K	25x	as long as short
Phoenix JTO	+0.0472%	1h	0.5064	+0.257%	$369K	$123K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0850%	1h	0.5065	+0.277%	$321K	$371K	25x	as long as short