Funding you earn now, next payment 00:00 UTC−0.0199%/8h= −21.8% APRnext payment −$0.99 per $10,000 · paid last 24h −0.012%
Price spread now: OKX against Bitget−0.019%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$660.658% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 7 days+0.041%+$4 · spread now −0.019%, 7d avg −0.013%
=The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.020% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.99 per $10,000. 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 | 0.5158 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $2.5M | $2.4M | 50x |
| Short | OKX JTO-USDT-SWAP | 0.5157 | −0.0099 | pay 0.0049% / 4h | 2h 05m | $3.9M | $9.9M | 50x |
Bitget JTOUSDT
OKX JTO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$41.74
- Price spread: −0.019% → −0.013%
- −$0.6
- Slippage, 4 orders
- −$43.81
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$108.15
- Costs to cover
- 0.658%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; OKX: live order book, 3 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, 2 min ago | 1.94 bp | 18.6 bp −$19 | 56.0 bp −$560 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.97 bp | 18.2 bp −$18 | 60.3 bp −$603 | 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 | −0.0525% | 1h | 0.5160 | +0.039% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0164% | 8h | 0.5159 | +0.019% | $933K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAPshort | −0.0099% | 4h | 0.5157 | −0.019% | $3.9M | $9.9M | 50x | |
| Paradex JTO-USD-PERP | −0.0013% | 8h | 0.5157 | −0.018% | $515 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5167 | +0.184% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.395% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.587% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5165 | +0.128% | $100K | $184K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5164 | +0.108% | $173K | $176K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5156 | −0.039% | $11.6M | $27.9M | 75x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Lighter JTO
Aster JTOUSDT
Binance JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | +0.0100% | 4h | 0.5159 | +0.019% | $7.6M | $13.6M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5165 | +0.136% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5159 | +0.019% | $7.1M | $3.8M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5168 | +0.190% | $1.5M | $609K | 20x | as long as short |
| Bitget JTOUSDTlong | +0.0100% | 4h | 0.5158 | long leg | $2.5M | $2.4M | 50x | |
| BingX JTO-USDT | +0.0100% | 4h | 0.5158 | 0.000% | — | $63.5M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5162 | +0.083% | $183K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5159 | +0.019% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5159 | +0.025% | $523K | $854K | 10x | as long as short |
| Hyperliquid JTO | +0.0135% | 1h | 0.5168 | +0.192% | $7.3M | $3.1M | 5x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5164 | +0.111% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5193 | +0.679% | $57K | $125K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5162 | +0.078% | $640K | $575K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0344% | 1h | 0.5165 | +0.140% | $263K | $499K | 10x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5189 | +0.601% | $373K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0609% | 1h | 0.5167 | +0.167% | $352K | $312K | 25x | as long as short |
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Hyperliquid JTO
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Backpack JTO_USDC_PERP
Phoenix JTO
Kraken Futures PF_JTOUSD