Funding you earn now, next payment 04:00 UTC+0.0064%/8h= +7.1% APRnext payment +$0.32 per $10,000 · paid last 24h +0.019%
Price spread now: Binance against OKX+0.059%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$730.727% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 7 days−0.085%−$8 · spread now +0.059%, 7d avg −0.008%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.067% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX JTO-USDT-SWAP | 0.5137 | 0.0036 | pay 0.0018% / 4h | 2h 50m | $3.9M | $9.4M | 50x |
| Short | Binance JTOUSDT | 0.5140 | 0.0100 | get 0.0050% / 4h | 2h 50m | $11.3M | $27.8M | 75x |
OKX JTO-USDT-SWAP
Binance JTOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $13.53
- Price spread: +0.059% → −0.008%
- $6.71
- Slippage, 4 orders
- −$52.74
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$52.5
- Costs to cover
- 0.727%
- Break-even
- 34.2 days
Slippage from OKX: live order book, 2 min ago; Binance: live order book, 6 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 OKX live order book, 2 min ago | 0.97 bp | 18.2 bp −$18 | 73.3 bp −$733 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.97 bp | 15.4 bp −$15 | 44.2 bp −$442 | 254.5 bp −$25.5K | 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 | −0.0139% | 1h | 0.5136 | −0.019% | $13K | $10K | 10x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5144 | +0.142% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.835% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.193% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAPlong | +0.0036% | 4h | 0.5137 | long leg | $3.9M | $9.4M | 50x | |
| Paradex JTO-USD-PERP | +0.0061% | 8h | 0.5137 | +0.008% | $513 | — | 5x | as long as short |
| Gate JTO_USDT | +0.0078% | 8h | 0.5137 | 0.000% | $904K | $1.0M | 75x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5136 | −0.019% | $4K | $872 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5149 | +0.232% | $108K | $200K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5140 | +0.057% | $150K | $222K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Gate JTO_USDT
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDTshort | +0.0100% | 4h | 0.5140 | +0.059% | $11.3M | $27.8M | 75x | |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5142 | +0.097% | $7.5M | $13.5M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5140 | +0.058% | $6.9M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5143 | +0.125% | $1.6M | $577K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5145 | +0.156% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5142 | +0.097% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5141 | +0.068% | $222K | $434K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5138 | +0.014% | $223K | $296K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5132 | −0.106% | $63K | $8K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5138 | +0.025% | $520K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5136 | −0.016% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0264% | 1h | 0.5143 | +0.117% | $59K | $135K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5121 | −0.311% | $624K | $567K | 75x | as long as short |
| Hyperliquid JTO | +0.0453% | 1h | 0.5154 | +0.341% | $7.2M | $3.0M | 5x | as long as short |
| Phoenix JTO | +0.0466% | 1h | 0.5145 | +0.156% | $380K | $114K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0772% | 1h | 0.5141 | +0.080% | $347K | $309K | 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
BloFin JTO-USDT
Hyperliquid JTO
Phoenix JTO
Kraken Futures PF_JTOUSD