Funding you earn now, next payment 08:00 UTC+0.0365%/8h= +39.9% APRnext payment +$1.82 per $10,000 · paid last 24h +0.092%
Price spread now: BloFin against OKX+0.137%83s7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$770.775% of the position
Funding, last 7 days+0.488%+$49 on $10k
+Price spread, last 4 days (all we have)−0.274%−$27 · spread now +0.137%, 7d avg −0.015%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and BloFin is 0.152% dearer against OKX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.015%. The two prices were read 83 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 | OKX JTO-USDT-SWAP | 0.5123 | −0.0025 | get 0.0012% / 4h | 2h 35m | $3.8M | $9.5M | 50x |
| Short | BloFin JTO-USDT | 0.5130 | 0.0340 | get 0.0170% / 4h | 2h 35m | $615K | $533K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $76.61
- Price spread: +0.137% → −0.015%
- $15.2
- Slippage, 4 orders
- −$55.46
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $14.34
- Costs to cover
- 0.775%
- Break-even
- 5.7 days
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 56 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 | 0.98 bp | 18.6 bp −$19 | 76.5 bp −$765 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 56 min ago | 1.93 bp | 22.7 bp −$23 | 47.7 bp −$477 | 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 | −0.0530% | 1h | 0.5121 | −0.039% | $3K | $20K | 10x | as long as short |
| Gate JTO_USDT | −0.0295% | 8h | 0.5121 | −0.039% | $886K | $1.0M | 75x | as long as short |
| OKX JTO-USDT-SWAPlong | −0.0025% | 4h | 0.5123 | long leg | $3.8M | $9.5M | 50x | |
| dYdX JTO-USD | 0.0000% | 1h | 0.5132 | +0.179% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.131% | — | — | — | as long as short |
| Bybit JTOUSDT | +0.0011% | 4h | 0.5123 | 0.000% | $7.0M | $14.1M | 50x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.928% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0091% | 8h | 0.5129 | +0.124% | $491 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5130 | +0.131% | $114K | $229K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5133 | +0.190% | $7.0M | $3.0M | 5x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5125 | +0.033% | $122K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5123 | 0.000% | $11.1M | $27.9M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5125 | +0.039% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5121 | −0.039% | $6.0M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5124 | +0.016% | $1.5M | $609K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5123 | 0.000% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5124 | +0.020% | — | $8.8M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5121 | −0.045% | $219K | $242K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5122 | −0.020% | $3K | $652 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5119 | −0.085% | $515K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5124 | +0.012% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0307% | 1h | 0.5128 | +0.090% | $267K | $310K | 10x | as long as short |
| BloFin JTO-USDTshort | +0.0340% | 4h | 0.5130 | +0.137% | $615K | $533K | 75x | |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5209 | +1.679% | $59K | $136K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5140 | +0.332% | $379K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0483% | 1h | 0.5130 | +0.129% | $331K | $313K | 25x | as long as short |
OKX JTO-USDT-SWAP
BloFin JTO-USDT
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Bybit JTOUSDT
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD