Funding you earn now, next payment 04:00 UTC+0.0289%/8h= +31.6% APRpaid last 24h +0.061%
Price spread now: Binance against Gate−0.062%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1331.333% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.062%, 7d avg −0.030%
=Funding pays, the price is against you. Binance is 0.032% cheaper against Gate than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of −0.030%). If the spread goes back, that is −$3 on $10k: about 9 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.054% in total) that is about 4.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.054% in total (about 2.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate JTO_USDT | 0.5154 | −0.0189 | get 0.0189% / 8h | 6h 00m | $907K | $1.1M | 75x |
| Short | Binance JTOUSDT | 0.5151 | 0.0100 | get 0.0050% / 4h | 2h 00m | $11.3M | $27.3M | 75x |
Gate JTO_USDT
Binance JTOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $60.69
- Price spread: −0.062% → −0.030%
- −$3.17
- Slippage, 4 orders
- −$108.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$75.75
- Costs to cover
- 1.333%
- Break-even
- 15.7 days
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 10 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 Gate live order book, 1 min ago | 6.79 bp | 44.1 bp −$44 | 92.0 bp −$920 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 2.91 bp | 21.4 bp −$21 | 54.4 bp −$544 | 249.8 bp −$25.0K | doesn't fit |
JTO on 25 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 | −0.0332% | 1h | 0.5155 | +0.019% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDTlong | −0.0189% | 8h | 0.5154 | long leg | $907K | $1.1M | 75x | |
| dYdX JTO-USD | 0.0000% | 1h | 0.5158 | +0.079% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.479% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.512% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0081% | 8h | 0.5155 | +0.011% | $514 | — | 5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0086% | 4h | 0.5149 | −0.097% | $3.9M | $9.3M | 50x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5155 | +0.019% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5162 | +0.163% | $118K | $235K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5157 | +0.065% | $127K | $222K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
OKX JTO-USDT-SWAP
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Aster JTOUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDTshort | +0.0100% | 4h | 0.5151 | −0.062% | $11.3M | $27.3M | 75x | |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5153 | −0.019% | $7.6M | $13.4M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5151 | −0.058% | $6.6M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5160 | +0.120% | $1.6M | $569K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5158 | +0.078% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5152 | −0.039% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5162 | +0.161% | $268K | $356K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5158 | +0.079% | $224K | $288K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5136 | −0.349% | $56K | $15K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5152 | −0.044% | $520K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5159 | +0.104% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0264% | 1h | 0.5179 | +0.485% | $60K | $135K | 25x | as long as short |
| Hyperliquid JTO | +0.0322% | 1h | 0.5162 | +0.153% | $7.1M | $3.3M | 5x | as long as short |
| Phoenix JTO | +0.0466% | 1h | 0.5145 | −0.175% | $380K | $114K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0769% | 1h | 0.5161 | +0.130% | $347K | $306K | 25x | as long as short |
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
Hyperliquid JTO
Phoenix JTO
Kraken Futures PF_JTOUSD