Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.093%
Price spread now: BloFin against Bybit−0.291%82s7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as 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−$830.825% of the position
Funding, last 7 days+0.602%+$60 on $10k
+Price spread, last 3 days (all we have)+0.108%+$11 · spread now −0.291%, 7d avg −0.077%
=Funding pays, the price is against you. BloFin is 0.214% cheaper against Bybit than usual: you would sell low and buy high (spread −0.291% now, against its 7-day average of −0.077%). If the spread goes back, that is −$21 on $10k: about 3.0 days of funding at the current rate (+$7 a day). The two prices were read 82 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 | Bybit JTOUSDT | 0.5153 | 0.0100 | pay 0.0050% / 4h | 1h 03m | $7.3M | $13.8M | 50x |
| Short | BloFin JTO-USDT | 0.5138 | 0.0340 | get 0.0170% / 4h | 1h 03m | $628K | $573K | 75x |
Bybit JTOUSDT
BloFin JTO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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: −0.291% → −0.077%
- −$21.38
- Slippage, 4 orders
- −$59.54
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$53.52
- Costs to cover
- 0.825%
- Break-even
- 14.4 days
Slippage from Bybit: live order book, 9 min ago; BloFin: live order book, 13 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 Bybit live order book, 9 min ago | 0.98 bp | 25.2 bp −$25 | 67.6 bp −$676 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 13 min ago | 0.98 bp | 10.0 bp −$10 | 18.6 bp −$186 | 97.2 bp −$9,723 | 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 | −0.0332% | 1h | 0.5149 | −0.078% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0158% | 8h | 0.5148 | −0.097% | $926K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0086% | 4h | 0.5146 | −0.136% | $3.9M | $9.8M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0074% | 8h | 0.5147 | −0.125% | $514 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5150 | −0.058% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.497% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.493% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5153 | −0.004% | $98K | $175K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5158 | +0.103% | $7.3M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5151 | −0.044% | $173K | $176K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5151 | −0.043% | $11.5M | $28.0M | 75x | as long as short |
| Bybit JTOUSDTlong | +0.0100% | 4h | 0.5153 | long leg | $7.3M | $13.8M | 50x | |
| Bulk JTO-USD | +0.0100% | 1h | 0.5109 | −0.845% | $55K | $1K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5151 | −0.039% | $7.2M | $3.8M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5152 | −0.019% | $1.6M | $642K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5153 | 0.000% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5149 | −0.078% | — | $66.2M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5153 | +0.010% | $226K | $493K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5132 | −0.411% | $181K | $258K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5148 | −0.097% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5149 | −0.079% | $521K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5150 | −0.064% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0304% | 1h | 0.5148 | −0.097% | $57K | $125K | 25x | as long as short |
| BloFin JTO-USDTshort | +0.0340% | 4h | 0.5138 | −0.291% | $628K | $573K | 75x | |
| Phoenix JTO | +0.0463% | 1h | 0.5149 | −0.078% | $370K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0517% | 1h | 0.5152 | −0.011% | $349K | $312K | 25x | as long as short |
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD