Funding arb · Price arb /

JTO

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Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h —

Price spread now: Binance against Reya−7.009%7-day average — · you buy dearer than you sell

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

Long on Reya Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Binance is 7.009% cheaper against Reya than usual: you would sell low and buy high (spread −7.009% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$701 on $10k: about 8 months of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya JTORUSDPERP	0.5539	0	get 0.0000% / 1h	43m 27s	—	—	—
Short	Binance JTOUSDT	0.5151	0.0100	get 0.0050% / 4h	43m 27s	$11.4M	$28.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Reya. 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 ReyabpFee BinancebpOrdersPrice spread, now −7.009%Rate

Funding earned: $21
Price spread: −7.009% → 0.000%: −$700.89
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$695.89
Costs to cover: 0.160%
Break-even: 239.0 days

Slippage unknown: Reya: no order-book sample; Binance: live order book, 13 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 Reya no order-book sample	—	—	—	—	—
Sell Binance live order book, 13 min ago	0.96 bp	12.0 bp −$12	31.8 bp −$318	234.4 bp −$23.4K	doesn't fit

Reya: 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	−0.0524%	1h	0.5167	−6.720%	$13K	$11K	10x	as long as short
Gate JTO_USDT	−0.0161%	8h	0.5164	−6.774%	$930K	$1.4M	75x	as long as short
OKX JTO-USDT-SWAP	−0.0015%	4h	0.5151	−7.009%	$3.9M	$9.6M	50x	as long as short
Paradex JTO-USD-PERP	−0.0014%	8h	0.5152	−6.989%	$514	—	5x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5164	−6.771%	$4K	$4K	5x	as long as short
Reya JTORUSDPERPlong	0.0000%	1h	0.5539	long leg	—	—	—
Bulk JTO-USD	+0.0023%	1h	0.5183	−6.431%	$56K	$1K	10x	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−10.222%	$31	$43K	5.5x	as long as short
Lighter JTO	+0.0096%	1h	0.5169	−6.686%	$108K	$182K	10x	as long as short
Hyperliquid JTO	+0.0100%	1h	0.5170	−6.665%	$7.3M	$3.1M	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster JTOUSDT	+0.0100%	4h	0.5165	−6.751%	$173K	$176K	10x	as long as short
Binance JTOUSDTshort	+0.0100%	4h	0.5151	−7.009%	$11.4M	$28.0M	75x
Bybit JTOUSDT	+0.0100%	4h	0.5157	−6.901%	$7.4M	$13.8M	50x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5157	−6.901%	$7.1M	$3.7M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5165	−6.749%	$1.6M	$638K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5158	−6.883%	$2.5M	$2.4M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5154	−6.955%	—	$66.2M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5164	−6.777%	$182K	$258K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5167	−6.720%	$4K	$2K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5155	−6.937%	$524K	$854K	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5168	−6.697%	$2K	—	50x	as long as short
Kraken Futures PF_JTOUSD	+0.0224%	1h	0.5172	−6.624%	$351K	$311K	25x	as long as short
Backpack JTO_USDC_PERP	+0.0256%	1h	0.5174	−6.595%	$227K	$478K	10x	as long as short
Coinbase International JTO-PERP-INTX	+0.0296%	1h	0.5172	−6.630%	$57K	$117K	25x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5170	−6.666%	$633K	$628K	75x	as long as short
Phoenix JTO	+0.0465%	1h	0.5163	−6.792%	$371K	$266K	5x	as long as short