Funding you earn now, next payment 04:00 UTC+0.0572%/8h= +62.6% APRpaid last 24h +0.061%
Price spread now: MEXC against Gate−0.077%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$830.829% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.077%, 7d avg −0.032%
=Funding pays, the price is against you. MEXC is 0.045% cheaper against Gate than usual: you would sell low and buy high (spread −0.077% now, against its 7-day average of −0.032%). If the spread goes back, that is −$5 on $10k: about 6 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.053% in total) that is about 5.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.053% in total (about 2.8% 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 | 0.5170 | −0.0472 | get 0.0472% / 8h | 7h 40m | $915K | $1.2M | 75x |
| Short | MEXC JTO_USDT | 0.5166 | 0.0100 | get 0.0050% / 4h | 3h 40m | $7.0M | $3.6M | 50x |
Gate JTO_USDT
MEXC JTO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $120.12
- Price spread: −0.077% → −0.032%
- −$4.54
- Slippage, 4 orders
- −$67.91
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $32.67
- Costs to cover
- 0.829%
- Break-even
- 5.1 days
Slippage from Gate: live order book, 2 min ago; MEXC: live order book, 2 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 | 5.80 bp | 39.0 bp −$39 | 86.8 bp −$868 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.97 bp | 3.6 bp −$4 | 18.2 bp −$182 | 71.1 bp −$7,113 | 188.9 bp −$94.5K |
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 | −0.0716% | 1h | 0.5172 | +0.039% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDTlong | −0.0472% | 8h | 0.5170 | long leg | $915K | $1.2M | 75x | |
| OKX JTO-USDT-SWAP | −0.0070% | 4h | 0.5170 | 0.000% | $3.9M | $9.5M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0009% | 8h | 0.5172 | +0.031% | $516 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5175 | +0.097% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.143% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.810% | $31 | $43K | 5.5x | as long as short |
| Bybit JTOUSDT | +0.0058% | 4h | 0.5177 | +0.135% | $7.6M | $13.6M | 50x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5173 | +0.066% | $102K | $187K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5177 | +0.139% | $7.1M | $3.1M | 5x | 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
Bybit JTOUSDT
Lighter JTO
Hyperliquid JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5175 | +0.097% | $174K | $177K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5169 | −0.019% | $11.4M | $28.0M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5140 | −0.587% | $56K | −$0 | 10x | as long as short |
| MEXC JTO_USDTshort | +0.0100% | 4h | 0.5166 | −0.077% | $7.0M | $3.6M | 50x | |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5176 | +0.110% | $1.6M | $599K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5173 | +0.058% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5173 | +0.058% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5173 | +0.052% | $226K | $302K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5173 | +0.058% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5168 | −0.030% | $519K | $1.5M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5177 | +0.141% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0246% | 1h | 0.5183 | +0.246% | $350K | $312K | 25x | as long as short |
| Phoenix JTO | +0.0312% | 1h | 0.5189 | +0.368% | $373K | $262K | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5169 | −0.019% | $66K | $123K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5169 | −0.019% | $622K | $605K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0650% | 1h | 0.5177 | +0.130% | $224K | $463K | 10x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
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