Funding you earn now, next payment 22:00 UTC+0.1012%/8h= +110.8% APRpaid last 24h +0.137%
Price spread now: Bitget against Deribit+0.058%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Bitget is 0.058% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread 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 | Deribit JTO_USDC-PERPETUAL | 0.5158 | −0.0912 | get 0.0114% / 1h | 6m 34s | $13K | $11K | 10x |
| Short | Bitget JTOUSDT | 0.5161 | 0.0100 | get 0.0050% / 4h | 2h 06m | $2.5M | $2.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Deribit. 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
- $212.5
- Price spread: +0.058% → 0.000%
- $5.82
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $199.31
- Costs to cover
- 0.190%
- Break-even
- 0.4 days
Slippage unknown: Deribit: no order-book sample; Bitget: live order book, 1 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 1.94 bp | 15.0 bp −$15 | 50.0 bp −$500 | doesn't fit | doesn't fit |
Deribit: 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-PERPETUALlong | −0.0912% | 1h | 0.5158 | long leg | $13K | $11K | 10x | |
| Gate JTO_USDT | −0.0166% | 8h | 0.5162 | +0.078% | $934K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0093% | 4h | 0.5159 | +0.019% | $3.9M | $9.9M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0016% | 8h | 0.5160 | +0.043% | $515 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5163 | +0.090% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.394% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.587% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5166 | +0.163% | $100K | $184K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5165 | +0.131% | $173K | $176K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5159 | +0.026% | $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 JTOUSDT | +0.0100% | 4h | 0.5164 | +0.116% | $7.6M | $13.6M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5165 | +0.136% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5160 | +0.039% | $7.1M | $3.8M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5168 | +0.194% | $1.5M | $610K | 20x | as long as short |
| Bitget JTOUSDTshort | +0.0100% | 4h | 0.5161 | +0.058% | $2.5M | $2.4M | 50x | |
| BingX JTO-USDT | +0.0100% | 4h | 0.5160 | +0.039% | — | $63.5M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5176 | +0.356% | $183K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5159 | +0.019% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5159 | +0.020% | $523K | $854K | 10x | as long as short |
| Hyperliquid JTO | +0.0126% | 1h | 0.5172 | +0.262% | $7.3M | $3.1M | 5x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5163 | +0.096% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5193 | +0.679% | $57K | $125K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5162 | +0.078% | $640K | $575K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0350% | 1h | 0.5165 | +0.143% | $263K | $498K | 10x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5189 | +0.601% | $373K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0609% | 1h | 0.5168 | +0.188% | $352K | $312K | 25x | as long as short |
Deribit JTO_USDC-PERPETUAL
Bitget JTOUSDT
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Injective JTO/USDC PERP
Lighter JTO
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
Hyperliquid JTO
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Backpack JTO_USDC_PERP
Phoenix JTO
Kraken Futures PF_JTOUSD