Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: MEXC against BloFin−0.039%79s7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.391% of the position
Funding, last 7 days−0.468%−$47 on $10k
+Price spread, last 3 days (all we have)+0.209%+$21 · spread now −0.039%, 7d avg +0.025%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and MEXC is 0.064% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.025%). Swap the legs. The two prices were read 79 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 | BloFin JTO-USDT | 0.5156 | 0.0340 | pay 0.0170% / 4h | 41m 44s | $630K | $616K | 75x |
| Short | MEXC JTO_USDT | 0.5154 | 0.0100 | get 0.0050% / 4h | 41m 44s | $7.1M | $3.7M | 50x |
BloFin JTO-USDT
MEXC JTO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- −$50.4
- Price spread: −0.039% → +0.025%
- −$6.42
- Slippage, 4 orders
- −$27.1
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$95.92
- Costs to cover
- 0.391%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 35 min ago; MEXC: live order book, 1 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 BloFin live order book, 35 min ago | 0.98 bp | 21.1 bp −$21 | 29.4 bp −$294 | 106.3 bp −$10.6K | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.97 bp | 4.7 bp −$5 | 16.3 bp −$163 | 67.9 bp −$6,787 | 164.8 bp −$82.4K |
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 | −0.0527% | 1h | 0.5144 | −0.233% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0160% | 8h | 0.5148 | −0.155% | $927K | $1.4M | 75x | as long as short |
| Paradex JTO-USD-PERP | −0.0014% | 8h | 0.5144 | −0.231% | $513 | — | 5x | as long as short |
| OKX JTO-USDT-SWAP | −0.0006% | 4h | 0.5158 | +0.039% | $3.9M | $9.6M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5159 | +0.060% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.433% | — | — | — | as long as short |
| Bulk JTO-USD | +0.0023% | 1h | 0.5183 | +0.524% | $56K | $1K | 10x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.549% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5164 | +0.149% | $108K | $182K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5164 | +0.157% | $7.3M | $3.1M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Paradex JTO-USD-PERP
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Bulk JTO-USD
Injective JTO/USDC PERP
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 | 0.5156 | −0.007% | $173K | $176K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5156 | 0.000% | $11.5M | $28.0M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5163 | +0.136% | $7.4M | $13.8M | 50x | as long as short |
| MEXC JTO_USDTshort | +0.0100% | 4h | 0.5154 | −0.039% | $7.1M | $3.7M | 50x | |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5156 | −0.004% | $1.6M | $638K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5161 | +0.097% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5154 | −0.039% | — | $66.2M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5164 | +0.152% | $182K | $258K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5145 | −0.213% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5153 | −0.058% | $524K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5147 | −0.177% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0225% | 1h | 0.5150 | −0.113% | $348K | $312K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.0228% | 1h | 0.5153 | −0.062% | $226K | $475K | 10x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0296% | 1h | 0.5172 | +0.310% | $57K | $117K | 25x | as long as short |
| BloFin JTO-USDTlong | +0.0340% | 4h | 0.5156 | long leg | $630K | $616K | 75x | |
| Phoenix JTO | +0.0465% | 1h | 0.5163 | +0.136% | $371K | $266K | 5x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Kraken Futures PF_JTOUSD
Backpack JTO_USDC_PERP
Coinbase International JTO-PERP-INTX
Phoenix JTO