Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: BingX against Injective+3.579%72s7-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 BingX is 3.579% dearer against Injective than usual: you sell high and buy low: +$358 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| 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 | 23m 56s | $31 | $43K | 5.5x |
| Short | BingX JTO-USDT | 0.5151 | 0.0100 | get 0.0050% / 4h | 3h 23m | — | $27.6M | — |
Injective JTO/USDC PERP
BingX JTO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: +3.579% → 0.000%
- $357.93
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $361.91
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BingX: 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 BingX live order book, 15 min ago | 1.95 bp | 13.3 bp −$13 | 25.1 bp −$251 | 189.5 bp −$18.9K | 541.3 bp −$270.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate JTO_USDT | −0.0367% | 8h | 0.5156 | +3.680% | $895K | $1.0M | 75x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0332% | 1h | 0.5149 | +3.539% | $13K | $10K | 10x | as long as short |
| Bybit JTOUSDT | −0.0303% | 4h | 0.5149 | +3.539% | $7.1M | $14.0M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5159 | +3.740% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +11.392% | — | — | — | as long as short |
| Injective JTO/USDC PERPlong | +0.0033% | 1h | 0.4973 | long leg | $31 | $43K | 5.5x | |
| OKX JTO-USDT-SWAP | +0.0069% | 4h | 0.5145 | +3.459% | $3.9M | $9.3M | 50x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5150 | +3.559% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5156 | +3.676% | $118K | $227K | 10x | as long as short |
| Paradex JTO-USD-PERP | +0.0098% | 8h | 0.5153 | +3.628% | $514 | — | 5x | as long as short |
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
Bybit JTOUSDT
dYdX JTO-USD
Reya JTORUSDPERP
OKX JTO-USDT-SWAP
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Paradex JTO-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid JTO | +0.0100% | 1h | 0.5161 | +3.782% | $7.0M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5155 | +3.652% | $123K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5150 | +3.559% | $11.3M | $27.5M | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5149 | +3.539% | $6.2M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5159 | +3.730% | $1.5M | $603K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5153 | +3.620% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDTshort | +0.0100% | 4h | 0.5151 | +3.579% | — | $27.6M | — | |
| Variational Omni JTO | +0.0100% | 4h | 0.5172 | +3.992% | $224K | $239K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5145 | +3.459% | $56K | $17K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5147 | +3.490% | $519K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5151 | +3.571% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0310% | 1h | 0.5183 | +4.223% | $383K | $114K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5161 | +3.780% | $613K | $522K | 75x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0379% | 1h | 0.5156 | +3.671% | $335K | $312K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5182 | +4.203% | $59K | $136K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.0696% | 1h | 0.5157 | +3.702% | $265K | $310K | 10x | as long as short |
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Phoenix JTO
BloFin JTO-USDT
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP