Funding arb · Price arb /

JTO

all JTO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against BingX+0.003%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$510.513% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 7 days−0.022%−$2 · spread now +0.003%, 7d avg −0.019%

Together, before fees−0.052%−$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.023% dearer against BingX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX JTO-USDT	0.5184	0.0100	pay 0.0050% / 4h	2h 10m	—	$63.5M	—
Short	Binance JTOUSDT	0.5184	0.0100	get 0.0050% / 4h	2h 10m	$11.6M	$27.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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 BingXbpFee BinancebpOrdersPrice spread, now +0.003%Rate

Funding earned: $0
Price spread: +0.003% → −0.019%: $2.27
Slippage, 4 orders: −$31.31
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$49.05
Costs to cover: 0.513%
Break-even: never at this rate

Slippage from BingX: live order book, 14 min ago; Binance: live order book, 1 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 BingX live order book, 14 min ago	1.93 bp	14.5 bp −$15	32.0 bp −$320	213.8 bp −$21.4K	519.1 bp −$259.6K
Sell Binance live order book, 1 min ago	0.97 bp	11.4 bp −$11	27.6 bp −$276	229.2 bp −$22.9K	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
Deribit JTO_USDC-PERPETUAL	−0.0906%	1h	0.5184	0.000%	$13K	$11K	10x	as long as short
Gate JTO_USDT	−0.0164%	8h	0.5183	−0.019%	$938K	$1.5M	75x	as long as short
OKX JTO-USDT-SWAP	−0.0082%	4h	0.5181	−0.058%	$3.9M	$9.9M	50x	as long as short
Paradex JTO-USD-PERP	−0.0015%	8h	0.5176	−0.162%	$517	—	5x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5177	−0.135%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5539	+6.856%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−4.070%	$31	$43K	5.5x	as long as short
Lighter JTO	+0.0096%	1h	0.5189	+0.091%	$100K	$184K	10x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5186	+0.031%	$174K	$176K	10x	as long as short
Binance JTOUSDTshort	+0.0100%	4h	0.5184	+0.003%	$11.6M	$27.9M	75x

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit JTOUSDT	+0.0100%	4h	0.5189	+0.096%	$7.6M	$13.6M	50x	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5165	−0.367%	$56K	$2K	10x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5184	0.000%	$7.1M	$3.7M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5187	+0.060%	$1.5M	$610K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5185	+0.019%	$2.5M	$2.4M	50x	as long as short
BingX JTO-USDTlong	+0.0100%	4h	0.5184	long leg	—	$63.5M	—
Variational Omni JTO	+0.0100%	4h	0.5176	−0.147%	$183K	$259K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5183	−0.019%	$4K	$2K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5183	−0.024%	$526K	$854K	10x	as long as short
Hyperliquid JTO	+0.0122%	1h	0.5193	+0.166%	$7.3M	$3.2M	5x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5190	+0.120%	$2K	—	50x	as long as short
Coinbase International JTO-PERP-INTX	+0.0320%	1h	0.5193	+0.174%	$57K	$125K	25x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5169	−0.289%	$643K	$576K	75x	as long as short
Backpack JTO_USDC_PERP	+0.0356%	1h	0.5190	+0.108%	$264K	$501K	10x	as long as short
Phoenix JTO	+0.0463%	1h	0.5198	+0.270%	$374K	$267K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0606%	1h	0.5188	+0.077%	$353K	$312K	25x	as long as short