Settings8H · net · $10k
Funding arb · Price arb /

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0340%/8h= +37.2% APRpaid last 24h +0.081%
Price spread now: Coinbase International against Bitget+0.361%57s7-day average +0.331% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.439%+$44 on $10k
Price spread, last 4 days (all we have)−0.294%−$29 · spread now +0.361%, 7d avg +0.331%
Together, before fees+0.144%+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Coinbase International is 0.030% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.331%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget JTOUSDT0.49840.0100pay 0.0050% / 4h1h 27m$2.2M$2.3M50x
ShortCoinbase International JTO-PERP-INTX0.50020.0440get 0.0055% / 1h27m 24s$55K$124K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Bitget. 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

Funding earned
$71.4
Price spread: +0.361% → +0.331%
$3.05
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$52.45
Costs to cover
0.220%
Break-even
1.9 days
Slippage unknown: Bitget: live order book, 3 min ago; Coinbase International: live order book, 18 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago3.02 bp16.3 bp −$1678.1 bp −$781doesn't fitdoesn't fit
Sell Coinbase International live order book, 18 min ago14.87 bp38.8 bp −$39doesn't fitdoesn't fitdoesn't fit

JTO on 26 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit JTO_USDC-PERPETUAL−0.0552%1h0.4982−0.040%$22K$41K10xas long as short
Kraken Futures PF_JTOUSD−0.0321%1h0.4983−0.013%$317K$418K25xas long as short
Bybit JTOUSDT−0.0122%4h0.49840.000%$6.3M$13.2M50xas long as short
Paradex JTO-USD-PERP−0.0032%8h0.4981−0.064%$477$105xas long as short
dYdX JTO-USD0.0000%1h0.4984−0.004%$3K$5K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5540+11.147%as long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−0.221%$31$43K5.5xas long as short
Lighter JTO+0.0096%1h0.4984+0.008%$112K$206K10xas long as short
Hyperliquid JTO+0.0100%1h0.4992+0.163%$6.7M$2.8M5xas long as short
Aster JTOUSDT+0.0100%4h0.4983−0.029%$115K$206K10xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance JTOUSDT+0.0100%4h0.4981−0.054%$10.3M$26.0M75xas long as short
OKX JTO-USDT-SWAP+0.0100%4h0.4980−0.080%$3.7M$9.1M50xas long as short
Gate JTO_USDT+0.0100%8h0.4982−0.040%$880K$891K75xas long as short
MEXC JTO_USDT+0.0100%4h0.4983−0.020%$6.0M$3.1M50xas long as short
KuCoin JTOUSDTM+0.0100%4h0.4984−0.006%$1.3M$592K20xas long as short
Bitget JTOUSDTlong+0.0100%4h0.4984long leg$2.2M$2.3M50x
BingX JTO-USDT+0.0100%4h0.4982−0.040%$8.3Mas long as short
Backpack JTO_USDC_PERP+0.0100%1h0.4986+0.034%$223K$356K10xas long as short
Variational Omni JTO+0.0100%4h0.4979−0.094%$215K$191Kas long as short
Orderly PERP_JTO_USDC_mythos+0.0100%4h0.4982−0.040%$4K$1K10xas long as short
Bulk JTO-USD+0.0100%1h0.5019+0.702%$54K$77210xas long as short
Extended JTO-USD+0.0104%1h0.4978−0.111%$514K$2.7M10xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0223% / S −0.2181%1h0.4982−0.036%$2K50xas long as short
Phoenix JTO+0.0316%1h0.4979−0.100%$351K$122K5xas long as short
BloFin JTO-USDT+0.0340%4h0.4970−0.281%$570K$515K75xas long as short
Coinbase International JTO-PERP-INTXshort+0.0440%1h0.5002+0.361%$55K$124K25x