Funding arb · Price arb /

JTO

all JTO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.004%

Price spread now: BloFin against Coinbase International−0.411%7-day average −0.439% · you buy dearer than you sell

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

Long on Coinbase International Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.411%, 7d avg −0.439%

Together, before fees+0.177%+$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.028% dearer against Coinbase International than usual: you sell high and buy low (spread −0.411% now, against its 7-day average of −0.439%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International JTO-PERP-INTX	0.5111	0.0456	pay 0.0057% / 1h	25m 13s	$58K	$139K	25x
Short	BloFin JTO-USDT	0.5090	0.0340	get 0.0170% / 4h	1h 25m	$589K	$537K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpFee BloFinbpOrdersPrice spread, now −0.411%Rate

Funding earned: −$24.36
Price spread: −0.411% → −0.439%: $2.78
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$43.58
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 18 min ago; BloFin: live order book, 61 min ago. 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 Coinbase International live order book, 18 min ago	23.64 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 61 min ago	0.98 bp	10.6 bp −$11	35.8 bp −$358	116.4 bp −$11.6K	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	−0.0339%	1h	0.5091	−0.391%	$13K	$30K	10x	as long as short
Gate JTO_USDT	−0.0149%	8h	0.5092	−0.372%	$887K	$1.0M	75x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5076	−0.685%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5539	+8.383%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−2.700%	$31	$43K	5.5x	as long as short
Paradex JTO-USD-PERP	+0.0074%	8h	0.5086	−0.483%	$487	$10	5x	as long as short
Bybit JTOUSDT	+0.0078%	4h	0.5087	−0.470%	$6.8M	$14.3M	50x	as long as short
Lighter JTO	+0.0096%	1h	0.5096	−0.286%	$114K	$240K	10x	as long as short
Hyperliquid JTO	+0.0100%	1h	0.5092	−0.364%	$6.9M	$3.1M	5x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5094	−0.337%	$119K	$230K	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	0.5089	−0.432%	$10.8M	$28.8M	75x	as long as short
OKX JTO-USDT-SWAP	+0.0100%	4h	0.5085	−0.509%	$3.8M	$9.8M	50x	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5041	−1.373%	$55K	$2K	10x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5087	−0.470%	$6.0M	$3.5M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5095	−0.313%	$1.5M	$620K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5088	−0.450%	$2.4M	$2.3M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5086	−0.489%	—	$8.6M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5079	−0.634%	$218K	$240K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5091	−0.391%	$4K	$918	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5089	−0.434%	$511K	$2.2M	10x	as long as short
Backpack JTO_USDC_PERP	+0.0105%	1h	0.5092	−0.380%	$221K	$311K	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0223% / S −0.2181%	1h	0.5059	−1.020%	$2K	—	50x	as long as short
BloFin JTO-USDTshort	+0.0340%	4h	0.5090	−0.411%	$589K	$537K	75x
Coinbase International JTO-PERP-INTXlong	+0.0456%	1h	0.5111	long leg	$58K	$139K	25x
Phoenix JTO	+0.0467%	1h	0.5069	−0.822%	$374K	$118K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0846%	1h	0.5097	−0.270%	$323K	$374K	25x	as long as short