Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against BingX−0.212%81s7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4as 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−$480.483% of the position
Funding, last 7 days+0.438%+$44 on $10k
+Price spread, last 3 days (all we have)+0.076%+$8 · spread now −0.212%, 7d avg −0.041%
=Funding pays, the price is against you. BloFin is 0.170% cheaper against BingX than usual: you would sell low and buy high (spread −0.212% now, against its 7-day average of −0.041%). If the spread goes back, that is −$17 on $10k: about 2.4 days of funding at the current rate (+$7 a day). The two prices were read 81 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 | BingX JTO-USDT | 0.5196 | 0.0100 | pay 0.0050% / 4h | 3h 25m | — | $67.9M | — |
| Short | BloFin JTO-USDT | 0.5185 | 0.0340 | get 0.0170% / 4h | 3h 25m | $624K | $597K | 75x |
BingX JTO-USDT
BloFin JTO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $50.4
- Price spread: −0.212% → −0.041%
- −$17.03
- Slippage, 4 orders
- −$26.28
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$14.9
- Costs to cover
- 0.483%
- Break-even
- 9.1 days
Slippage from BingX: live order book, 13 min ago; BloFin: live order book, 46 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 BingX live order book, 13 min ago | 2.91 bp | 13.0 bp −$13 | 28.8 bp −$288 | 202.8 bp −$20.3K | 607.8 bp −$303.9K |
| Sell BloFin live order book, 46 min ago | 1.96 bp | 9.8 bp −$10 | 21.4 bp −$214 | 85.8 bp −$8,575 | 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 | −0.0327% | 1h | 0.5195 | −0.019% | $13K | $10K | 10x | as long as short |
| OKX JTO-USDT-SWAP | −0.0069% | 4h | 0.5194 | −0.038% | $3.9M | $9.4M | 50x | as long as short |
| Gate JTO_USDT | −0.0030% | 8h | 0.5196 | 0.000% | $921K | $1.2M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5187 | −0.173% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +6.608% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0015% | 8h | 0.5185 | −0.213% | $517 | — | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −4.292% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5196 | +0.006% | $100K | $189K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5205 | +0.170% | $7.1M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5195 | −0.021% | $174K | $177K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Paradex JTO-USD-PERP
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 | 0.5197 | +0.021% | $11.5M | $27.8M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5196 | 0.000% | $7.6M | $13.4M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5161 | −0.674% | $56K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5196 | 0.000% | $7.1M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5200 | +0.067% | $1.6M | $599K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5200 | +0.077% | $2.6M | $2.4M | 50x | as long as short |
| BingX JTO-USDTlong | +0.0100% | 4h | 0.5196 | long leg | — | $67.9M | — | |
| Variational Omni JTO | +0.0100% | 4h | 0.5190 | −0.122% | $227K | $300K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5192 | −0.077% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5193 | −0.064% | $521K | $2.0M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5191 | −0.097% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0245% | 1h | 0.5201 | +0.104% | $351K | $311K | 25x | as long as short |
| Phoenix JTO | +0.0312% | 1h | 0.5173 | −0.443% | $382K | $262K | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5192 | −0.077% | $64K | $129K | 25x | as long as short |
| BloFin JTO-USDTshort | +0.0340% | 4h | 0.5185 | −0.212% | $624K | $597K | 75x | |
| Backpack JTO_USDC_PERP | +0.0431% | 1h | 0.5201 | +0.094% | $225K | $464K | 10x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Kraken Futures PF_JTOUSD
Phoenix JTO
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP