Funding arb · Price arb /

JTO

all JTO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: dYdX against Bitget+0.058%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread pays, funding is against you. dYdX is 0.058% dearer against Bitget than usual: you sell high and buy low (spread +0.058% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 46 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget JTOUSDT	0.5184	0.0100	pay 0.0050% / 4h	3h 32m	$2.6M	$2.4M	50x
Short	dYdX JTO-USD	0.5187	0	get 0.0000% / 1h	32m 06s	$4K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Bitget. 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 BitgetbpFee dYdXbpOrdersPrice spread, now +0.058%Rate

Funding earned: −$21
Price spread: +0.058% → 0.000%: $5.79
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$37.21
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 5 min ago; dYdX: 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 Bitget live order book, 5 min ago	2.89 bp	15.7 bp −$16	46.6 bp −$466	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	−0.0714%	1h	0.5182	−0.039%	$13K	$10K	10x	as long as short
Gate JTO_USDT	−0.0211%	8h	0.5185	+0.019%	$917K	$1.2M	75x	as long as short
OKX JTO-USDT-SWAP	−0.0075%	4h	0.5182	−0.039%	$3.9M	$9.4M	50x	as long as short
dYdX JTO-USDshort	0.0000%	1h	0.5187	+0.058%	$4K	$4K	5x
Reya JTORUSDPERP	0.0000%	1h	0.5539	+6.853%	—	—	—	as long as short
Paradex JTO-USD-PERP	+0.0004%	8h	0.5181	−0.049%	$517	—	5x	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	0.5185	+0.017%	$102K	$187K	10x	as long as short
Hyperliquid JTO	+0.0100%	1h	0.5190	+0.123%	$7.1M	$3.1M	5x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5183	−0.022%	$174K	$177K	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	0.5181	−0.058%	$11.4M	$27.8M	75x	as long as short
Bybit JTOUSDT	+0.0100%	4h	0.5186	+0.039%	$7.6M	$13.4M	50x	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5156	−0.540%	$56K	−$0	10x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5181	−0.058%	$7.0M	$3.6M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5188	+0.079%	$1.6M	$597K	20x	as long as short
Bitget JTOUSDTlong	+0.0100%	4h	0.5184	long leg	$2.6M	$2.4M	50x
BingX JTO-USDT	+0.0100%	4h	0.5185	+0.019%	—	$67.9M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5187	+0.052%	$227K	$300K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5181	−0.058%	$4K	$2K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5181	−0.063%	$524K	$2.0M	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5185	+0.021%	$2K	—	50x	as long as short
Kraken Futures PF_JTOUSD	+0.0246%	1h	0.5192	+0.153%	$351K	$311K	25x	as long as short
Phoenix JTO	+0.0312%	1h	0.5195	+0.212%	$384K	$262K	5x	as long as short
Coinbase International JTO-PERP-INTX	+0.0320%	1h	0.5175	−0.174%	$66K	$121K	25x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5185	+0.019%	$621K	$581K	75x	as long as short
Backpack JTO_USDC_PERP	+0.0482%	1h	0.5188	+0.081%	$226K	$463K	10x	as long as short