Funding arb · Price arb /

JTO

all JTO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h —

Price spread now: Reya against Bitget+7.707%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Reya

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Reya is 7.707% dearer against Bitget than usual: you sell high and buy low (spread +7.707% now, against zero (this spread has no 7-day history yet)): +$771 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 9 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget JTOUSDT	0.5143	0.0100	pay 0.0050% / 4h	1h 05m	$2.5M	$2.4M	50x
Short	Reya JTORUSDPERP	0.5539	0	get 0.0000% / 1h	5m 51s	—	—	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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

Position, each leg$Hold fordaysFee BitgetbpFee ReyabpOrdersPrice spread, now +7.707%Rate

Funding earned: −$21
Price spread: +7.707% → 0.000%: $770.69
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: $731.69
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Bitget: live order book, 6 min ago; Reya: no order-book sample. 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 Bitget live order book, 6 min ago	1.96 bp	20.7 bp −$21	61.4 bp −$614	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	−0.0333%	1h	0.5141	−0.039%	$13K	$11K	10x	as long as short
Gate JTO_USDT	−0.0165%	8h	0.5137	−0.117%	$925K	$1.5M	75x	as long as short
OKX JTO-USDT-SWAP	−0.0086%	4h	0.5138	−0.097%	$3.9M	$9.9M	50x	as long as short
Paradex JTO-USD-PERP	−0.0082%	8h	0.5133	−0.188%	$512	—	5x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5137	−0.111%	$4K	$4K	5x	as long as short
Reya JTORUSDPERPshort	0.0000%	1h	0.5539	+7.707%	—	—	—
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−3.305%	$31	$43K	5.5x	as long as short
Lighter JTO	+0.0096%	1h	0.5143	+0.008%	$97K	$175K	10x	as long as short
Hyperliquid JTO	+0.0100%	1h	0.5147	+0.076%	$7.2M	$3.1M	5x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5142	−0.013%	$173K	$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	0.5139	−0.078%	$11.5M	$28.0M	75x	as long as short
Bybit JTOUSDT	+0.0100%	4h	0.5146	+0.058%	$7.3M	$13.8M	50x	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5109	−0.652%	$55K	$1K	10x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5139	−0.078%	$7.2M	$3.8M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5141	−0.037%	$1.6M	$642K	20x	as long as short
Bitget JTOUSDTlong	+0.0100%	4h	0.5143	long leg	$2.5M	$2.4M	50x
BingX JTO-USDT	+0.0100%	4h	0.5139	−0.078%	—	$66.2M	—	as long as short
Backpack JTO_USDC_PERP	+0.0100%	1h	0.5145	+0.037%	$226K	$494K	10x	as long as short
Variational Omni JTO	+0.0100%	4h	0.5115	−0.548%	$180K	$258K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5141	−0.039%	$4K	$2K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5138	−0.098%	$521K	$854K	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5143	−0.006%	$2K	—	50x	as long as short
Coinbase International JTO-PERP-INTX	+0.0304%	1h	0.5142	−0.019%	$57K	$125K	25x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5130	−0.253%	$630K	$572K	75x	as long as short
Phoenix JTO	+0.0463%	1h	0.5134	−0.175%	$369K	$267K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0517%	1h	0.5145	+0.041%	$349K	$313K	25x	as long as short