Settings8H · net · $10k
Funding arb · Price arb /

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h −0.078%
Price spread now: Bitget against Coinbase International+0.078%7-day average −0.309% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$860.864% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.407%−$41 on $10k
Price spread, last 3 days (all we have)−0.145%−$15 · spread now +0.078%, 7d avg −0.309%
Together, before fees−0.553%−$55 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.387% dearer against Coinbase International than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of −0.309%): +$39 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 6.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International JTO-PERP-INTX0.51190.0304pay 0.0038% / 1h22m 55s$56K$124K25x
ShortBitget JTOUSDT0.51230.0100get 0.0050% / 4h1h 22m$2.5M$2.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$42.84
Price spread: +0.078% → −0.309%
$38.74
Slippage, 4 orders
−$64.44
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$90.53
Costs to cover
0.864%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 60 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 60 min ago16.41 bp27.2 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago2.92 bp18.8 bp −$1963.3 bp −$633doesn't fitdoesn't fit

JTO on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit JTO_USDC-PERPETUAL−0.0530%1h0.5123+0.078%$13K$11K10xas long as short
Gate JTO_USDT−0.0160%8h0.5122+0.059%$922K$1.5M75xas long as short
OKX JTO-USDT-SWAP−0.0059%4h0.51190.000%$3.9M$9.9M50xas long as short
Paradex JTO-USD-PERP−0.0007%8h0.5117−0.037%$5115xas long as short
dYdX JTO-USD0.0000%1h0.5126+0.144%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5539+8.211%as long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−2.852%$31$43K5.5xas long as short
Lighter JTO+0.0096%1h0.5126+0.141%$97K$175K10xas long as short
Hyperliquid JTO+0.0100%1h0.5130+0.217%$7.2M$3.1M5xas long as short
Aster JTOUSDT+0.0100%4h0.5124+0.102%$172K$176K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance JTOUSDT+0.0100%4h0.5120+0.020%$11.5M$28.1M75xas long as short
Bybit JTOUSDT+0.0100%4h0.5125+0.117%$7.3M$13.8M50xas long as short
Bulk JTO-USD+0.0100%1h0.5132+0.254%$56K$1K10xas long as short
MEXC JTO_USDT+0.0100%4h0.5121+0.039%$7.1M$3.7M50xas long as short
KuCoin JTOUSDTM+0.0100%4h0.5130+0.215%$1.6M$643K20xas long as short
Bitget JTOUSDTshort+0.0100%4h0.5123+0.078%$2.5M$2.4M50x
BingX JTO-USDT+0.0100%4h0.5122+0.059%$63.8Mas long as short
Backpack JTO_USDC_PERP+0.0100%1h0.5129+0.193%$225K$503K10xas long as short
Variational Omni JTO+0.0100%4h0.5127+0.154%$181K$259Kas long as short
Orderly PERP_JTO_USDC_mythos+0.0100%4h0.5124+0.098%$4K$2K10xas long as short
Extended JTO-USD+0.0104%1h0.51190.000%$518K$854K10xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0223% / S −0.2181%1h0.5127+0.155%$2K50xas long as short
Coinbase International JTO-PERP-INTXlong+0.0304%1h0.5119long leg$56K$124K25x
BloFin JTO-USDT+0.0340%4h0.5118−0.020%$635K$571K75xas long as short
Phoenix JTO+0.0463%1h0.5132+0.254%$369K$267K5xas long as short
Kraken Futures PF_JTOUSD+0.0519%1h0.5130+0.206%$348K$313K25xas long as short