Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against BingX−3.605%102s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 3.605% cheaper against BingX than usual: you would sell low and buy high (−$361 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 102 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 | BingX JTO-USDT | 0.5159 | 0.0100 | pay 0.0050% / 4h | 1h 59m | — | $68.0M | — |
| Short | Injective JTO/USDC PERP | 0.4973 | 0.0033 | get 0.0004% / 1h | 59m 37s | $31 | $43K | 5.5x |
BingX JTO-USDT
Injective JTO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BingX. 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: −3.605% → 0.000%
- −$360.53
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$384.55
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 9 min ago; Injective: no order-book sample. 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 BingX live order book, 9 min ago | 1.95 bp | 14.4 bp −$14 | 28.9 bp −$289 | 265.5 bp −$26.6K | 616.4 bp −$308.2K |
| Sell Injective no order-book sample | — | — | — | — | — |
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 25 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 | −0.0332% | 1h | 0.5150 | −0.174% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0210% | 8h | 0.5160 | +0.019% | $908K | $992K | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5162 | +0.058% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.373% | — | — | — | as long as short |
| Injective JTO/USDC PERPshort | +0.0033% | 1h | 0.4973 | −3.605% | $31 | $43K | 5.5x | |
| Paradex JTO-USD-PERP | +0.0082% | 8h | 0.5159 | +0.005% | $515 | — | 5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0090% | 4h | 0.5159 | 0.000% | $3.9M | $9.3M | 50x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5151 | −0.155% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5164 | +0.101% | $118K | $227K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5167 | +0.145% | $7.1M | $3.3M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Paradex JTO-USD-PERP
OKX JTO-USDT-SWAP
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Hyperliquid JTOShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5158 | −0.017% | $127K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5159 | 0.000% | $11.3M | $27.2M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5163 | +0.078% | $7.6M | $13.4M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5158 | −0.019% | $6.6M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5160 | +0.019% | $1.6M | $570K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5162 | +0.058% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDTlong | +0.0100% | 4h | 0.5159 | long leg | — | $68.0M | — | |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5156 | −0.064% | $267K | $356K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5158 | −0.017% | $224K | $288K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5136 | −0.446% | $56K | $15K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5159 | −0.007% | $520K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5153 | −0.117% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0264% | 1h | 0.5179 | +0.388% | $60K | $135K | 25x | as long as short |
| Phoenix JTO | +0.0466% | 1h | 0.5145 | −0.271% | $380K | $114K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0769% | 1h | 0.5158 | −0.025% | $347K | $306K | 25x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD