Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Binance against Injective+1.296%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 1.296% dearer against Injective than usual: you sell high and buy low: +$130 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 | Injective JTO/USDC PERP | 0.4973 | 0.0033 | pay 0.0004% / 1h | 26m 32s | $31 | $43K | 5.5x |
| Short | Binance JTOUSDT | 0.5037 | 0.0100 | get 0.0050% / 4h | 3h 26m | $10.6M | $28.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $14
- Price spread: +1.296% → 0.000%
- $129.62
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $133.6
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 15 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 15 min ago | 0.99 bp | 16.3 bp −$16 | 47.0 bp −$470 | 252.7 bp −$25.3K | doesn't fit |
Injective: 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 | −0.0542% | 1h | 0.5044 | +1.428% | $12K | $30K | 10x | as long as short |
| Bybit JTOUSDT | −0.0138% | 4h | 0.5040 | +1.347% | $6.6M | $14.3M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5047 | +1.488% | $3K | $5K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +11.395% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0024% | 8h | 0.5040 | +1.339% | $483 | $10 | 5x | as long as short |
| Injective JTO/USDC PERPlong | +0.0033% | 1h | 0.4973 | long leg | $31 | $43K | 5.5x | |
| Lighter JTO | +0.0096% | 1h | 0.5045 | +1.448% | $112K | $241K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5046 | +1.464% | $6.8M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5044 | +1.427% | $118K | $233K | 10x | as long as short |
| Binance JTOUSDTshort | +0.0100% | 4h | 0.5037 | +1.296% | $10.6M | $28.4M | 75x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5038 | +1.307% | $3.7M | $9.8M | 50x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.5044 | +1.428% | $873K | $935K | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5038 | +1.307% | $6.2M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5043 | +1.408% | $1.4M | $659K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5036 | +1.267% | $2.2M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5040 | +1.347% | — | $8.6M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5051 | +1.572% | $241K | $323K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5046 | +1.461% | $216K | $229K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5044 | +1.428% | $4K | $918 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5029 | +1.132% | $54K | −$0 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5036 | +1.259% | $516K | $2.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5048 | +1.509% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0313% | 1h | 0.5055 | +1.649% | $357K | $128K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5046 | +1.468% | $580K | $559K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0464% | 1h | 0.5055 | +1.649% | $57K | $136K | 25x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0771% | 1h | 0.5052 | +1.583% | $334K | $383K | 25x | as long as short |
Injective JTO/USDC PERP
Binance JTOUSDT
Deribit JTO_USDC-PERPETUAL
Bybit JTOUSDT
Paradex JTO-USD-PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
OKX JTO-USDT-SWAP
Gate JTO_USDT
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]
Phoenix JTO
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Kraken Futures PF_JTOUSD