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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International JTO-PERP-INTX | 0.5119 | 0.0304 | pay 0.0038% / 1h | 22m 55s | $56K | $124K | 25x |
| Short | Bitget JTOUSDT | 0.5123 | 0.0100 | get 0.0050% / 4h | 1h 22m | $2.5M | $2.4M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 60 min ago | 16.41 bp | 27.2 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.92 bp | 18.8 bp −$19 | 63.3 bp −$633 | 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 | −0.0530% | 1h | 0.5123 | +0.078% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0160% | 8h | 0.5122 | +0.059% | $922K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0059% | 4h | 0.5119 | 0.000% | $3.9M | $9.9M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0007% | 8h | 0.5117 | −0.037% | $511 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5126 | +0.144% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.211% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.852% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5126 | +0.141% | $97K | $175K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5130 | +0.217% | $7.2M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5124 | +0.102% | $172K | $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 | 0.5120 | +0.020% | $11.5M | $28.1M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5125 | +0.117% | $7.3M | $13.8M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5132 | +0.254% | $56K | $1K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5121 | +0.039% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5130 | +0.215% | $1.6M | $643K | 20x | as long as short |
| Bitget JTOUSDTshort | +0.0100% | 4h | 0.5123 | +0.078% | $2.5M | $2.4M | 50x | |
| BingX JTO-USDT | +0.0100% | 4h | 0.5122 | +0.059% | — | $63.8M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5129 | +0.193% | $225K | $503K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5127 | +0.154% | $181K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5124 | +0.098% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5119 | 0.000% | $518K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5127 | +0.155% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTXlong | +0.0304% | 1h | 0.5119 | long leg | $56K | $124K | 25x | |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5118 | −0.020% | $635K | $571K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5132 | +0.254% | $369K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0519% | 1h | 0.5130 | +0.206% | $348K | $313K | 25x | as long as short |
Coinbase International JTO-PERP-INTX
Bitget JTOUSDT
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Injective JTO/USDC PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD