Funding arb · Price arb /

JTO

all JTO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0387%/8h= +42.4% APRpaid last 24h +0.090%

Price spread now: Coinbase International against OKX+0.117%7-day average +0.406% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.428%+$43 on $10k

Price spread, last 3 days (all we have)+0.016%+$2 · spread now +0.117%, 7d avg +0.406%

Together, before fees+0.443%+$44 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.289% cheaper against OKX than usual: you would sell low and buy high (spread +0.117% now, against its 7-day average of +0.406%). If the spread goes back, that is −$29 on $10k: about 2.5 days of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX JTO-USDT-SWAP	0.5125	−0.0083	get 0.0041% / 4h	1h 08m	$3.9M	$9.9M	50x
Short	Coinbase International JTO-PERP-INTX	0.5131	0.0304	get 0.0038% / 1h	8m 39s	$56K	$124K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.117%Rate

Funding earned: $81.27
Price spread: +0.117% → +0.406%: −$28.89
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $32.38
Costs to cover: 0.200%
Break-even: 4.2 days

Slippage unknown: OKX: live order book, 4 min ago; Coinbase International: live order book, 9 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 OKX live order book, 4 min ago	0.98 bp	18.4 bp −$18	62.5 bp −$625	doesn't fit	doesn't fit
Sell Coinbase International live order book, 9 min ago	17.59 bp	doesn't fit	doesn't fit	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	0.5123	−0.039%	$13K	$11K	10x	as long as short
Gate JTO_USDT	−0.0167%	8h	0.5121	−0.078%	$922K	$1.5M	75x	as long as short
Paradex JTO-USD-PERP	−0.0084%	8h	0.5127	+0.036%	$512	—	5x	as long as short
OKX JTO-USDT-SWAPlong	−0.0083%	4h	0.5125	long leg	$3.9M	$9.9M	50x
dYdX JTO-USD	0.0000%	1h	0.5127	+0.040%	$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	+0.127%	$97K	$175K	10x	as long as short
Hyperliquid JTO	+0.0100%	1h	0.5133	+0.156%	$7.2M	$3.1M	5x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5126	+0.023%	$172K	$176K	10x	as long as short

Show 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 JTOUSDT	+0.0100%	4h	0.5130	+0.098%	$7.3M	$13.8M	50x	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5109	−0.304%	$55K	$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	0.5129	+0.068%	$1.6M	$642K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5129	+0.078%	$2.5M	$2.4M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5127	+0.039%	—	$66.2M	—	as long as short
Backpack JTO_USDC_PERP	+0.0100%	1h	0.5130	+0.092%	$225K	$502K	10x	as long as short
Variational Omni JTO	+0.0100%	4h	0.5115	−0.199%	$180K	$258K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5123	−0.039%	$4K	$2K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5125	−0.001%	$518K	$854K	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0223% / S −0.2181%	1h	0.5126	+0.023%	$2K	—	50x	as long as short
Coinbase International JTO-PERP-INTXshort	+0.0304%	1h	0.5131	+0.117%	$56K	$124K	25x
BloFin JTO-USDT	+0.0340%	4h	0.5123	−0.039%	$631K	$572K	75x	as long as short
Phoenix JTO	+0.0463%	1h	0.5126	+0.020%	$369K	$267K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0519%	1h	0.5130	+0.089%	$348K	$313K	25x	as long as short