Funding you earn now, next payment 00:00 UTC+0.0269%/8h= +29.5% APRpaid last 24h +0.036%
Price spread now: BingX against Gate−0.059%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1061.060% of the position
Funding, last 7 days+0.055%+$6 on $10k
+Price spread, last 4 days (all we have)+0.005%+$1 · spread now −0.059%, 7d avg −0.016%
=Funding pays, the price is against you. BingX is 0.042% cheaper against Gate than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of −0.016%). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.055% in total) that is about 5.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.055% in total (about 2.9% 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 | 0.5117 | −0.0169 | get 0.0169% / 8h | 1h 17m | $921K | $1.5M | 75x |
| Short | BingX JTO-USDT | 0.5114 | 0.0100 | get 0.0050% / 4h | 1h 17m | — | $63.8M | — |
Gate JTO_USDT
BingX JTO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $56.49
- Price spread: −0.059% → −0.016%
- −$4.23
- Slippage, 4 orders
- −$81.05
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$53.79
- Costs to cover
- 1.060%
- Break-even
- 13.7 days
Slippage from Gate: live order book, 5 min ago; BingX: live order book, 11 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, 5 min ago | 5.85 bp | 33.2 bp −$33 | 95.4 bp −$954 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 1.95 bp | 18.1 bp −$18 | 34.3 bp −$343 | 197.6 bp −$19.8K | 572.6 bp −$286.3K |
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 | 0.5121 | +0.078% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDTlong | −0.0169% | 8h | 0.5117 | long leg | $921K | $1.5M | 75x | |
| OKX JTO-USDT-SWAP | −0.0067% | 4h | 0.5113 | −0.078% | $3.9M | $9.9M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0055% | 8h | 0.5111 | −0.122% | $510 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5117 | 0.000% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.254% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.814% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5120 | +0.057% | $97K | $175K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5123 | +0.122% | $7.2M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5120 | +0.063% | $172K | $176K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5113 | −0.083% | $11.4M | $28.1M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5116 | −0.020% | $7.3M | $13.8M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5114 | −0.059% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5122 | +0.098% | $1.6M | $643K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5116 | −0.020% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDTshort | +0.0100% | 4h | 0.5114 | −0.059% | — | $63.8M | — | |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5123 | +0.125% | $225K | $503K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5124 | +0.134% | $181K | $258K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5115 | −0.039% | $4K | $2K | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5124 | +0.137% | $56K | $1K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5112 | −0.104% | $518K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5118 | +0.029% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0304% | 1h | 0.5131 | +0.274% | $56K | $124K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5119 | +0.039% | $632K | $571K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5127 | +0.195% | $369K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0519% | 1h | 0.5128 | +0.206% | $348K | $313K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD