Funding you earn now, next payment 00:00 UTC+0.0271%/8h= +29.7% APRpaid last 24h +0.036%
Price spread now: Binance against Gate+0.059%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1211.207% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.059%, 7d avg −0.030%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.089% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.030%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.025% in total (about 1.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate JTO_USDT | 0.5122 | −0.0171 | get 0.0171% / 8h | 33m 38s | $902K | $1.5M | 75x |
| Short | Binance JTOUSDT | 0.5125 | 0.0100 | get 0.0050% / 4h | 33m 38s | $11.4M | $28.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $56.91
- Price spread: +0.059% → −0.030%
- $8.86
- Slippage, 4 orders
- −$95.69
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$54.92
- Costs to cover
- 1.207%
- Break-even
- 13.8 days
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 8 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 Gate live order book, 4 min ago | 1.95 bp | 43.5 bp −$43 | 104.5 bp −$1,045 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.94 bp | 13.7 bp −$14 | 34.1 bp −$341 | 216.1 bp −$21.6K | 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 | −0.0531% | 1h | 0.5116 | −0.117% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDTlong | −0.0171% | 8h | 0.5122 | long leg | $902K | $1.5M | 75x | |
| Paradex JTO-USD-PERP | −0.0006% | 8h | 0.5123 | +0.026% | $511 | — | 5x | as long as short |
| OKX JTO-USDT-SWAP | −0.0004% | 4h | 0.5122 | 0.000% | $3.9M | $9.5M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5127 | +0.104% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.147% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.909% | $31 | $43K | 5.5x | as long as short |
| Bulk JTO-USD | +0.0068% | 1h | 0.5153 | +0.605% | $56K | $1K | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5132 | +0.203% | $107K | $182K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5130 | +0.162% | $7.1M | $3.2M | 5x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5123 | +0.028% | $172K | $177K | 10x | as long as short |
| Binance JTOUSDTshort | +0.0100% | 4h | 0.5125 | +0.059% | $11.4M | $28.0M | 75x | |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5128 | +0.117% | $7.4M | $13.9M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5124 | +0.039% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5130 | +0.146% | $1.6M | $631K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5129 | +0.137% | $2.5M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5127 | +0.098% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5141 | +0.369% | $226K | $303K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5117 | −0.098% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5124 | +0.040% | $521K | $854K | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0107% | 1h | 0.5122 | +0.006% | $224K | $472K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5119 | −0.056% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0226% | 1h | 0.5122 | −0.005% | $346K | $312K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0296% | 1h | 0.5172 | +0.976% | $57K | $116K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5134 | +0.234% | $630K | $613K | 75x | as long as short |
| Phoenix JTO | +0.0465% | 1h | 0.5156 | +0.664% | $370K | $266K | 5x | as long as short |
Gate JTO_USDT
Binance JTOUSDT
Deribit JTO_USDC-PERPETUAL
Paradex JTO-USD-PERP
OKX JTO-USDT-SWAP
Injective JTO/USDC PERP
Bulk JTO-USD
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO