Funding you earn now, next payment 04:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h +0.011%
Price spread now: Bybit against Paradex+0.148%7-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
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.148% dearer against Paradex than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex JTO-USD-PERP | 0.5145 | 0.0062 | pay 0.0062% / 8h | 6h 49m | $514 | — | 5x |
| Short | Bybit JTOUSDT | 0.5153 | 0.0100 | get 0.0050% / 4h | 2h 49m | $7.6M | $13.5M | 50x |
Paradex JTO-USD-PERP
Bybit JTOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Paradex. 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
- $8.03
- Price spread: +0.148% → 0.000%
- $14.81
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $7.83
- Costs to cover
- 0.150%
- Break-even
- 0.2 days
Slippage unknown: Paradex: no order-book sample; Bybit: live order book, 4 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 2.92 bp | 27.7 bp −$28 | 69.5 bp −$695 | doesn't fit | doesn't fit |
Paradex: 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 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 | −0.0334% | 1h | 0.5137 | −0.163% | $13K | $10K | 10x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5150 | +0.094% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.657% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.350% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0043% | 4h | 0.5146 | +0.012% | $3.9M | $9.4M | 50x | as long as short |
| Paradex JTO-USD-PERPlong | +0.0062% | 8h | 0.5145 | long leg | $514 | — | 5x | |
| Gate JTO_USDT | +0.0090% | 8h | 0.5148 | +0.051% | $906K | $1.0M | 75x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5138 | −0.143% | $4K | $872 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5155 | +0.191% | $108K | $200K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5152 | +0.129% | $150K | $222K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
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 JTOUSDT | +0.0100% | 4h | 0.5150 | +0.097% | $11.4M | $27.7M | 75x | as long as short |
| Bybit JTOUSDTshort | +0.0100% | 4h | 0.5153 | +0.148% | $7.6M | $13.5M | 50x | |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5149 | +0.070% | $6.9M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5148 | +0.043% | $1.6M | $577K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5150 | +0.090% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5149 | +0.070% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5150 | +0.084% | $223K | $434K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5138 | −0.149% | $223K | $296K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5132 | −0.269% | $63K | $8K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5147 | +0.027% | $520K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5140 | −0.097% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0264% | 1h | 0.5143 | −0.046% | $59K | $135K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5121 | −0.474% | $624K | $567K | 75x | as long as short |
| Phoenix JTO | +0.0466% | 1h | 0.5145 | −0.007% | $380K | $114K | 5x | as long as short |
| Hyperliquid JTO | +0.0476% | 1h | 0.5158 | +0.253% | $7.2M | $3.0M | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0771% | 1h | 0.5147 | +0.029% | $347K | $309K | 25x | as long as short |
Binance 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
Phoenix JTO
Hyperliquid JTO
Kraken Futures PF_JTOUSD