Funding you earn now, next payment 01:00 UTC−0.0164%/8h= −18.0% APRpaid last 24h −0.075%
Price spread now: Binance against Coinbase International−0.753%7-day average −0.387% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.415%−$42 on $10k
+Price spread, last 3 days (all we have)+0.617%+$62 · spread now −0.753%, 7d avg −0.387%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Binance is 0.366% cheaper against Coinbase International than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of −0.387%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International JTO-PERP-INTX | 0.5179 | 0.0264 | pay 0.0033% / 1h | 5m 57s | $60K | $137K | 25x |
| Short | Binance JTOUSDT | 0.5140 | 0.0100 | get 0.0050% / 4h | 2h 05m | $11.3M | $27.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Coinbase International. 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
- −$34.44
- Price spread: −0.753% → −0.387%
- −$36.65
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$91.09
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 62 min ago; Binance: live order book, 5 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 Coinbase International live order book, 62 min ago | 12.61 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 2.91 bp | 21.4 bp −$21 | 54.4 bp −$544 | 249.8 bp −$25.0K | doesn't fit |
JTO on 25 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 | −0.0331% | 1h | 0.5157 | −0.425% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0199% | 8h | 0.5133 | −0.888% | $904K | $1.1M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5158 | −0.402% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +6.959% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.978% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0067% | 4h | 0.5140 | −0.753% | $3.9M | $9.3M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0079% | 8h | 0.5158 | −0.413% | $515 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5156 | −0.444% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5159 | −0.396% | $119K | $234K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5135 | −0.856% | $126K | $222K | 10x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDTshort | +0.0100% | 4h | 0.5140 | −0.753% | $11.3M | $27.4M | 75x | |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5144 | −0.676% | $7.6M | $13.5M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5138 | −0.792% | $6.6M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5141 | −0.741% | $1.6M | $569K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5141 | −0.734% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5141 | −0.734% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5146 | −0.635% | $266K | $392K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5157 | −0.433% | $224K | $289K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5141 | −0.738% | $56K | $15K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5132 | −0.912% | $518K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5158 | −0.409% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTXlong | +0.0264% | 1h | 0.5179 | long leg | $60K | $137K | 25x | |
| Hyperliquid JTO | +0.0372% | 1h | 0.5139 | −0.768% | $7.1M | $3.2M | 5x | as long as short |
| Phoenix JTO | +0.0466% | 1h | 0.5150 | −0.560% | $380K | $114K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0769% | 1h | 0.5162 | −0.337% | $347K | $306K | 25x | as long as short |
Coinbase International JTO-PERP-INTX
Binance JTOUSDT
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Lighter JTO
Aster JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Hyperliquid JTO
Phoenix JTO
Kraken Futures PF_JTOUSD