Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Binance against Injective+3.675%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 3.675% dearer against Injective than usual: you sell high and buy low: +$368 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective JTO/USDC PERP | 0.4973 | 0.0033 | pay 0.0004% / 1h | 6m 21s | $31 | $43K | 5.5x |
| Short | Binance JTOUSDT | 0.5156 | 0.0100 | get 0.0050% / 4h | 2h 06m | $11.3M | $27.4M | 75x |
Injective JTO/USDC PERP
Binance JTOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $14
- Price spread: +3.675% → 0.000%
- $367.53
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $371.51
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 5 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 2.91 bp | 21.4 bp −$21 | 54.4 bp −$544 | 249.8 bp −$25.0K | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
JTO on 25 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 | −0.0332% | 1h | 0.5154 | +3.640% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0199% | 8h | 0.5156 | +3.680% | $909K | $1.1M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5158 | +3.724% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +11.389% | — | — | — | as long as short |
| Injective JTO/USDC PERPlong | +0.0033% | 1h | 0.4973 | long leg | $31 | $43K | 5.5x | |
| OKX JTO-USDT-SWAP | +0.0067% | 4h | 0.5154 | +3.640% | $3.9M | $9.3M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0079% | 8h | 0.5158 | +3.712% | $515 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5156 | +3.680% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5165 | +3.871% | $119K | $234K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5161 | +3.771% | $127K | $222K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Aster JTOUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDTshort | +0.0100% | 4h | 0.5156 | +3.675% | $11.3M | $27.4M | 75x | |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5159 | +3.740% | $7.6M | $13.5M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5156 | +3.680% | $6.6M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5163 | +3.815% | $1.6M | $578K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5161 | +3.780% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5156 | +3.680% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5164 | +3.837% | $267K | $401K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5169 | +3.933% | $224K | $294K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5141 | +3.374% | $56K | $15K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5156 | +3.683% | $520K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5158 | +3.717% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0264% | 1h | 0.5179 | +4.142% | $60K | $137K | 25x | as long as short |
| Hyperliquid JTO | +0.0377% | 1h | 0.5166 | +3.883% | $7.1M | $3.2M | 5x | as long as short |
| Phoenix JTO | +0.0466% | 1h | 0.5150 | +3.559% | $380K | $114K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0769% | 1h | 0.5162 | +3.793% | $347K | $306K | 25x | as long as short |
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
Hyperliquid JTO
Phoenix JTO
Kraken Futures PF_JTOUSD