Funding you earn now, next payment 12:00 UTC+0.0239%/8h= +26.1% APRpaid last 24h −0.067%
Price spread now: Gate against Bybit+0.020%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1351.348% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 7 days−0.114%−$11 · spread now +0.020%, 7d avg −0.016%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 0.036% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.016%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.077% in total (about 4.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit JTOUSDT | 0.5048 | −0.0139 | get 0.0069% / 4h | 1h 56m | $6.6M | $13.3M | 50x |
| Short | Gate JTO_USDT | 0.5049 | 0.0100 | get 0.0100% / 8h | 5h 56m | $876K | $852K | 75x |
Bybit JTOUSDT
Gate JTO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $50.14
- Price spread: +0.020% → −0.016%
- $3.56
- Slippage, 4 orders
- −$108.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$81.15
- Costs to cover
- 1.348%
- Break-even
- 18.3 days
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 53 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, 5 min ago | 1.98 bp | 25.3 bp −$25 | 91.9 bp −$919 | doesn't fit | doesn't fit |
| Sell Gate live order book, 53 min ago | 7.94 bp | 39.8 bp −$40 | 85.8 bp −$858 | doesn't fit | doesn't fit |
JTO on 26 exchanges
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 | −0.0541% | 1h | 0.5050 | +0.040% | $23K | $40K | 10x | as long as short |
| Kraken Futures PF_JTOUSD | −0.0317% | 1h | 0.5050 | +0.041% | $330K | $402K | 25x | as long as short |
| Bybit JTOUSDTlong | −0.0139% | 4h | 0.5048 | long leg | $6.6M | $13.3M | 50x | |
| dYdX JTO-USD | 0.0000% | 1h | 0.5055 | +0.134% | $3K | $5K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +9.735% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −1.486% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0041% | 8h | 0.5047 | −0.014% | $484 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5056 | +0.149% | $113K | $205K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5057 | +0.186% | $6.8M | $2.8M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5054 | +0.110% | $117K | $204K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Kraken Futures PF_JTOUSD
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDTShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5046 | −0.040% | $10.5M | $25.7M | 75x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5045 | −0.059% | $3.7M | $9.1M | 50x | as long as short |
| Gate JTO_USDTshort | +0.0100% | 8h | 0.5049 | +0.020% | $876K | $852K | 75x | |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5046 | −0.040% | $6.0M | $3.0M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5051 | +0.059% | $1.4M | $590K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5049 | +0.020% | $2.2M | $2.2M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5048 | 0.000% | — | $8.3M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5051 | +0.056% | $218K | $192K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5051 | +0.059% | $4K | $798 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5050 | +0.040% | $55K | −$0 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5044 | −0.071% | $519K | $2.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5053 | +0.109% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0304% | 1h | 0.5055 | +0.141% | $235K | $337K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5048 | 0.000% | $573K | $522K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5071 | +0.456% | $55K | $122K | 25x | as long as short |
| Phoenix JTO | +0.0469% | 1h | 0.5064 | +0.317% | $358K | $121K | 5x | as long as short |
Binance JTOUSDT
OKX JTO-USDT-SWAP
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO