Funding arb · Price arb /

JTO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.021%

Price spread now: Aster against Bybit0.000%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1271.271% of the position

Long on Bybit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.098%+$10 on $10k

Price spread, last 4 days (all we have)+0.132%+$13 · spread now 0.000%, 7d avg +0.037%

Together, before fees+0.229%+ Points / potential airdropAster: Stage 5 · farm board+$23 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.037% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit JTOUSDT	0.5177	0.0100	pay 0.0050% / 4h	2h 08m	$7.6M	$13.6M	50x
Short	Aster JTOUSDT	0.5177	0.0100	get 0.0050% / 4h	2h 08m	$174K	$176K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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 BybitbpFee AsterbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.037%: −$3.65
Slippage, 4 orders: −$108.1
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$130.75
Costs to cover: 1.271%
Break-even: never at this rate

Slippage from Bybit: live order book, 10 min ago; Aster: live order book, 13 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 Bybit live order book, 10 min ago	1.93 bp	12.6 bp −$13	14.9 bp −$149	doesn't fit	doesn't fit
Sell Aster live order book, 13 min ago	4.82 bp	23.3 bp −$23	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	−0.0909%	1h	0.5172	−0.097%	$13K	$11K	10x	as long as short
Gate JTO_USDT	−0.0168%	8h	0.5175	−0.039%	$936K	$1.5M	75x	as long as short
OKX JTO-USDT-SWAP	−0.0089%	4h	0.5171	−0.116%	$3.9M	$9.9M	50x	as long as short
Paradex JTO-USD-PERP	−0.0020%	8h	0.5170	−0.132%	$516	—	5x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5177	0.000%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5539	+7.000%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−3.941%	$31	$43K	5.5x	as long as short
Lighter JTO	+0.0096%	1h	0.5177	+0.008%	$100K	$184K	10x	as long as short
Aster JTOUSDTshort	+0.0100%	4h	0.5177	0.000%	$174K	$176K	10x
Binance JTOUSDT	+0.0100%	4h	0.5172	−0.100%	$11.6M	$27.9M	75x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit JTOUSDTlong	+0.0100%	4h	0.5177	long leg	$7.6M	$13.6M	50x
Bulk JTO-USD	+0.0100%	1h	0.5165	−0.232%	$56K	$2K	10x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5173	−0.077%	$7.0M	$3.7M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5177	0.000%	$1.5M	$610K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5174	−0.058%	$2.5M	$2.4M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5175	−0.039%	—	$63.5M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5176	−0.012%	$183K	$259K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5173	−0.077%	$4K	$2K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5171	−0.113%	$526K	$854K	10x	as long as short
Hyperliquid JTO	+0.0121%	1h	0.5183	+0.123%	$7.3M	$3.1M	5x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5177	+0.005%	$2K	—	50x	as long as short
Coinbase International JTO-PERP-INTX	+0.0320%	1h	0.5193	+0.309%	$57K	$125K	25x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5176	−0.019%	$642K	$577K	75x	as long as short
Backpack JTO_USDC_PERP	+0.0354%	1h	0.5179	+0.037%	$264K	$498K	10x	as long as short
Phoenix JTO	+0.0463%	1h	0.5198	+0.406%	$374K	$267K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0608%	1h	0.5177	+0.004%	$353K	$312K	25x	as long as short