Funding you earn now, next payment 00:00 UTC−0.0263%/8h= −28.8% APRpaid last 24h −0.036%
Price spread now: Gate against Bitget−0.078%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1201.197% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.078%, 7d avg −0.036%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Gate is 0.042% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.036%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget JTOUSDT | 0.5157 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $2.5M | $2.4M | 50x |
| Short | Gate JTO_USDT | 0.5153 | −0.0163 | pay 0.0163% / 8h | 1h 33m | $931K | $1.5M | 75x |
Bitget JTOUSDT
Gate JTO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$55.23
- Price spread: −0.078% → −0.036%
- −$4.18
- Slippage, 4 orders
- −$92.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$179.11
- Costs to cover
- 1.197%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Gate: live order book, 4 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 Bitget live order book, 3 min ago | 1.94 bp | 17.3 bp −$17 | 53.0 bp −$530 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 6.80 bp | 41.8 bp −$42 | 72.3 bp −$723 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit JTO_USDC-PERPETUAL | −0.0526% | 1h | 0.5150 | −0.136% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDTshort | −0.0163% | 8h | 0.5153 | −0.078% | $931K | $1.5M | 75x | |
| OKX JTO-USDT-SWAP | −0.0071% | 4h | 0.5153 | −0.078% | $3.9M | $9.9M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5146 | −0.207% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.414% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0025% | 8h | 0.5149 | −0.150% | $514 | — | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.568% | $31 | $43K | 5.5x | as long as short |
| Bulk JTO-USD | +0.0064% | 1h | 0.5180 | +0.450% | $56K | $1K | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5150 | −0.138% | $99K | $174K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5155 | −0.043% | $7.3M | $3.1M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Paradex JTO-USD-PERP
Injective JTO/USDC PERP
Bulk JTO-USD
Lighter JTO
Hyperliquid JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5158 | +0.017% | $173K | $176K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5142 | −0.289% | $11.5M | $27.9M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5146 | −0.213% | $7.4M | $13.7M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5155 | −0.039% | $7.2M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5155 | −0.031% | $1.6M | $640K | 20x | as long as short |
| Bitget JTOUSDTlong | +0.0100% | 4h | 0.5157 | long leg | $2.5M | $2.4M | 50x | |
| BingX JTO-USDT | +0.0100% | 4h | 0.5154 | −0.058% | — | $63.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5155 | −0.041% | $183K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5151 | −0.116% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5151 | −0.117% | $523K | $854K | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0128% | 1h | 0.5158 | +0.012% | $226K | $507K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5153 | −0.080% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0304% | 1h | 0.5192 | +0.679% | $57K | $125K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5151 | −0.116% | $637K | $575K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5165 | +0.155% | $371K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0516% | 1h | 0.5156 | −0.026% | $351K | $312K | 25x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD