Funding you earn now, next payment 00:00 UTC+0.0155%/8h= +17.0% APRnext payment +$0.78 per $10,000 · paid last 24h −0.009%
Price spread now: Bybit against OKX+0.078%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$870.867% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now +0.078%, 7d avg +0.051%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bybit is 0.027% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.051%. Mind the row above: over the last 7 days funding on this pair cost −0.116%, 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 | OKX JTO-USDT-SWAP | 0.5125 | −0.0055 | get 0.0028% / 4h | 1h 22m | $3.9M | $9.9M | 50x |
| Short | Bybit JTOUSDT | 0.5129 | 0.0100 | get 0.0050% / 4h | 1h 22m | $7.3M | $13.8M | 50x |
OKX JTO-USDT-SWAP
Bybit JTOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $32.6
- Price spread: +0.078% → +0.051%
- $2.67
- Slippage, 4 orders
- −$65.75
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$51.49
- Costs to cover
- 0.867%
- Break-even
- 18.1 days
Slippage from OKX: live order book, 6 min ago; Bybit: live order book, 1 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, 6 min ago | 0.98 bp | 16.8 bp −$17 | 56.3 bp −$563 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.93 bp | 22.4 bp −$22 | 62.7 bp −$627 | 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 | −0.0529% | 1h | 0.5128 | +0.059% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0160% | 8h | 0.5123 | −0.039% | $922K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAPlong | −0.0055% | 4h | 0.5125 | long leg | $3.9M | $9.9M | 50x | |
| Paradex JTO-USD-PERP | −0.0016% | 8h | 0.5122 | −0.061% | $511 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5126 | +0.027% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.085% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.966% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5131 | +0.111% | $97K | $175K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5135 | +0.195% | $7.2M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5128 | +0.052% | $172K | $176K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
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 | 0.5126 | +0.020% | $11.5M | $28.1M | 75x | as long as short |
| Bybit JTOUSDTshort | +0.0100% | 4h | 0.5129 | +0.078% | $7.3M | $13.8M | 50x | |
| Bulk JTO-USD | +0.0100% | 1h | 0.5132 | +0.136% | $56K | $1K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5127 | +0.039% | $7.2M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5131 | +0.125% | $1.6M | $643K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5127 | +0.039% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5127 | +0.039% | — | $63.8M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5129 | +0.076% | $225K | $503K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5127 | +0.036% | $181K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5128 | +0.059% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5125 | 0.000% | $518K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5131 | +0.113% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0304% | 1h | 0.5131 | +0.117% | $56K | $124K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5118 | −0.137% | $635K | $571K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5132 | +0.137% | $369K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0519% | 1h | 0.5132 | +0.135% | $348K | $313K | 25x | as long as short |
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD