Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.039%
Price spread now: Bybit against Gate+0.097%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1261.265% of the position
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.097%, 7d avg +0.021%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.076% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.021%. Mind the row above: over the last 7 days funding on this pair cost −0.080%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate JTO_USDT | 0.5161 | 0.0067 | pay 0.0067% / 8h | 7h 19m | $914K | $1.2M | 75x |
| Short | Bybit JTOUSDT | 0.5166 | 0.0100 | get 0.0050% / 4h | 3h 19m | $7.6M | $13.4M | 50x |
Gate JTO_USDT
Bybit JTOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $6.93
- Price spread: +0.097% → +0.021%
- $7.62
- Slippage, 4 orders
- −$100.48
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$111.93
- Costs to cover
- 1.265%
- Break-even
- 120.1 days
Slippage from Gate: live order book, 2 min ago; Bybit: live order book, 3 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, 2 min ago | 5.81 bp | 29.8 bp −$30 | 102.4 bp −$1,024 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.97 bp | 26.5 bp −$27 | 67.1 bp −$671 | 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 | −0.0330% | 1h | 0.5170 | +0.174% | $13K | $10K | 10x | as long as short |
| OKX JTO-USDT-SWAP | −0.0050% | 4h | 0.5164 | +0.058% | $3.9M | $9.4M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5167 | +0.120% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.332% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0026% | 8h | 0.5167 | +0.116% | $516 | — | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.643% | $31 | $43K | 5.5x | as long as short |
| Gate JTO_USDTlong | +0.0067% | 8h | 0.5161 | long leg | $914K | $1.2M | 75x | |
| Lighter JTO | +0.0096% | 1h | 0.5168 | +0.138% | $99K | $189K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5172 | +0.211% | $7.1M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5171 | +0.201% | $174K | $157K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Paradex JTO-USD-PERP
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 | 0.5164 | +0.051% | $11.4M | $27.6M | 75x | as long as short |
| Bybit JTOUSDTshort | +0.0100% | 4h | 0.5166 | +0.097% | $7.6M | $13.4M | 50x | |
| Bulk JTO-USD | +0.0100% | 1h | 0.5161 | 0.000% | $56K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5165 | +0.078% | $7.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5172 | +0.213% | $1.6M | $597K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5169 | +0.155% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5164 | +0.058% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5167 | +0.119% | $226K | $299K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5170 | +0.174% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5163 | +0.032% | $521K | $1.8M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5173 | +0.231% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0247% | 1h | 0.5175 | +0.263% | $349K | $310K | 25x | as long as short |
| Phoenix JTO | +0.0312% | 1h | 0.5191 | +0.581% | $383K | $262K | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5162 | +0.019% | $63K | $129K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5170 | +0.174% | $624K | $595K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0391% | 1h | 0.5172 | +0.207% | $223K | $463K | 10x | as long as short |
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Kraken Futures PF_JTOUSD
Phoenix JTO
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Backpack JTO_USDC_PERP