Funding arb · Price arb /

JTO

all JTO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0356%/8h= +39.0% APRpaid last 24h +0.076%

Price spread now: Coinbase International against MEXC+0.079%7-day average +0.400% · you sell dearer than you buy

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

Long on MEXC Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.430%+$43 on $10k

Price spread, last 4 days (all we have)+0.054%+$5 · spread now +0.079%, 7d avg +0.400%

Together, before fees+0.484%+$48 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.322% cheaper against MEXC than usual: you would sell low and buy high (spread +0.079% now, against its 7-day average of +0.400%). If the spread goes back, that is −$32 on $10k: about 3.0 days of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC JTO_USDT	0.5088	0.0100	pay 0.0050% / 4h	1h 44m	$5.9M	$3.5M	50x
Short	Coinbase International JTO-PERP-INTX	0.5092	0.0456	get 0.0057% / 1h	44m 28s	$58K	$135K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 MEXCbpFee Coinbase InternationalbpOrdersPrice spread, now +0.079%Rate

Funding earned: $74.76
Price spread: +0.079% → +0.400%: −$32.17
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $32.59
Costs to cover: 0.100%
Break-even: 3.9 days

Slippage unknown: MEXC: live order book, 3 min ago; Coinbase International: live order book, 63 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 MEXC live order book, 3 min ago	1.97 bp	3.0 bp −$3	14.0 bp −$140	74.7 bp −$7,468	162.9 bp −$81.4K
Sell Coinbase International live order book, 63 min ago	18.39 bp	23.4 bp −$23	doesn't fit	doesn't fit	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
Gate JTO_USDT	−0.0165%	8h	0.5090	+0.039%	$896K	$1.0M	75x	as long as short
Deribit JTO_USDC-PERPETUAL	−0.0143%	1h	0.5090	+0.039%	$13K	$30K	10x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5088	+0.002%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5539	+8.871%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−2.260%	$31	$43K	5.5x	as long as short
Paradex JTO-USD-PERP	+0.0086%	8h	0.5091	+0.065%	$488	$10	5x	as long as short
Lighter JTO	+0.0096%	1h	0.5094	+0.120%	$114K	$240K	10x	as long as short
OKX JTO-USDT-SWAP	+0.0099%	4h	0.5088	0.000%	$3.8M	$9.7M	50x	as long as short
Hyperliquid JTO	+0.0100%	1h	0.5096	+0.161%	$6.9M	$3.1M	5x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5094	+0.118%	$119K	$229K	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	0.5090	+0.039%	$10.9M	$28.7M	75x	as long as short
Bybit JTOUSDT	+0.0100%	4h	0.5090	+0.039%	$6.8M	$14.3M	50x	as long as short
MEXC JTO_USDTlong	+0.0100%	4h	0.5088	long leg	$5.9M	$3.5M	50x
KuCoin JTOUSDTM	+0.0100%	4h	0.5089	+0.028%	$1.5M	$620K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5093	+0.098%	$2.4M	$2.3M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5093	+0.098%	—	$8.6M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5078	−0.204%	$218K	$240K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5089	+0.020%	$4K	$918	10x	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5081	−0.146%	$55K	$2K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5090	+0.035%	$512K	$2.2M	10x	as long as short
Backpack JTO_USDC_PERP	+0.0178%	1h	0.5098	+0.189%	$263K	$301K	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5091	+0.063%	$2K	—	50x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5087	−0.020%	$600K	$546K	75x	as long as short
Coinbase International JTO-PERP-INTXshort	+0.0456%	1h	0.5092	+0.079%	$58K	$135K	25x
Phoenix JTO	+0.0467%	1h	0.5101	+0.256%	$377K	$118K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0846%	1h	0.5101	+0.263%	$341K	$355K	25x	as long as short