Funding you earn now, next payment 12:00 UTC−0.0078%/8h= −8.6% APRpaid last 24h −0.028%
Price spread now: Paradex against Bitget−0.067%52s7-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
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Paradex is 0.067% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 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 | Bitget JTOUSDT | 0.5045 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $2.2M | $2.3M | 50x |
| Short | Paradex JTO-USD-PERP | 0.5042 | 0.0022 | get 0.0022% / 8h | 7h 29m | $483 | $10 | 5x |
Bitget JTOUSDT
Paradex JTO-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$16.46
- Price spread: −0.067% → 0.000%
- −$6.73
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$39.19
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 2 min ago; Paradex: 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, 2 min ago | 2.97 bp | 18.8 bp −$19 | 67.1 bp −$671 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | −0.0542% | 1h | 0.5044 | −0.020% | $12K | $30K | 10x | as long as short |
| Bybit JTOUSDT | −0.0262% | 4h | 0.5044 | −0.020% | $6.6M | $14.3M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5045 | +0.004% | $3K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +9.803% | — | — | — | as long as short |
| Paradex JTO-USD-PERPshort | +0.0022% | 8h | 0.5042 | −0.067% | $483 | $10 | 5x | |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −1.427% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5050 | +0.105% | $113K | $240K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5052 | +0.141% | $6.8M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5050 | +0.100% | $118K | $233K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5044 | −0.025% | $10.6M | $28.4M | 75x | as long as short |
Deribit JTO_USDC-PERPETUAL
Bybit JTOUSDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5043 | −0.040% | $3.7M | $9.7M | 50x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.5045 | 0.000% | $873K | $932K | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5046 | +0.020% | $6.2M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5049 | +0.071% | $1.4M | $659K | 20x | as long as short |
| Bitget JTOUSDTlong | +0.0100% | 4h | 0.5045 | long leg | $2.2M | $2.3M | 50x | |
| BingX JTO-USDT | +0.0100% | 4h | 0.5044 | −0.020% | — | $8.6M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5052 | +0.135% | $245K | $320K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5046 | +0.013% | $216K | $229K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5042 | −0.059% | $4K | $918 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5071 | +0.515% | $55K | −$0 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5045 | −0.007% | $516K | $2.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5047 | +0.037% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0313% | 1h | 0.5064 | +0.377% | $369K | $128K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5046 | +0.020% | $578K | $559K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0464% | 1h | 0.5055 | +0.198% | $57K | $135K | 25x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0771% | 1h | 0.5052 | +0.137% | $334K | $383K | 25x | as long as short |
OKX JTO-USDT-SWAP
Gate JTO_USDT
MEXC JTO_USDT
KuCoin JTOUSDTM
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Phoenix JTO
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Kraken Futures PF_JTOUSD