Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h −0.014%
Price spread now: Paradex against Bybit−0.108%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.108% cheaper against Bybit than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit JTOUSDT | 0.5099 | 0.0052 | pay 0.0026% / 4h | 5m 04s | $6.8M | $14.4M | 50x |
| Short | Paradex JTO-USD-PERP | 0.5094 | 0.0047 | get 0.0047% / 8h | 5m 04s | $488 | $10 | 5x |
Bybit JTOUSDT
Paradex JTO-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$0.99
- Price spread: −0.108% → 0.000%
- −$10.77
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$26.77
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 3 min ago; Paradex: 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 Bybit live order book, 3 min ago | 1.96 bp | 21.2 bp −$21 | 71.7 bp −$717 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | −0.0338% | 1h | 0.5097 | −0.039% | $13K | $30K | 10x | as long as short |
| Gate JTO_USDT | −0.0032% | 8h | 0.5099 | 0.000% | $883K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5101 | +0.040% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.640% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.471% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERPshort | +0.0047% | 8h | 0.5094 | −0.108% | $488 | $10 | 5x | |
| Bybit JTOUSDTlong | +0.0052% | 4h | 0.5099 | long leg | $6.8M | $14.4M | 50x | |
| Lighter JTO | +0.0096% | 1h | 0.5103 | +0.075% | $114K | $243K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5105 | +0.122% | $6.9M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5103 | +0.077% | $119K | $231K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
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 | 0.5096 | −0.059% | $10.8M | $28.6M | 75x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5095 | −0.078% | $3.7M | $9.8M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5120 | +0.414% | $55K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5095 | −0.078% | $6.1M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5100 | +0.022% | $1.5M | $588K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5098 | −0.020% | $2.3M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5098 | −0.020% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5096 | −0.063% | $218K | $229K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5097 | −0.039% | $4K | $918 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5094 | −0.089% | $524K | $2.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5099 | +0.002% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0260% | 1h | 0.5104 | +0.090% | $244K | $323K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5100 | +0.020% | $585K | $564K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0464% | 1h | 0.5132 | +0.647% | $58K | $134K | 25x | as long as short |
| Phoenix JTO | +0.0472% | 1h | 0.5131 | +0.628% | $373K | $123K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0843% | 1h | 0.5106 | +0.133% | $324K | $371K | 25x | as long as short |
Binance JTOUSDT
OKX JTO-USDT-SWAP
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD