Funding you earn now, next payment 08:00 UTC+0.0215%/8h= +23.5% APRnext payment +$1.07 per $10,000 · paid last 24h +0.019%
Price spread now: MEXC against Bybit−0.077%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$650.649% of the position
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now −0.077%, 7d avg −0.065%
=The price spread sits at its 7-day average of −0.065%, 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 0.133% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.07 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 | Bybit JTOUSDT | 0.5192 | −0.0115 | get 0.0057% / 4h | 2h 49m | $7.1M | $14.0M | 50x |
| Short | MEXC JTO_USDT | 0.5188 | 0.0100 | get 0.0050% / 4h | 2h 49m | $6.1M | $3.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $45.13
- Price spread: −0.077% → −0.065%
- −$1.25
- Slippage, 4 orders
- −$53.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$20.97
- Costs to cover
- 0.649%
- Break-even
- 10.3 days
Slippage from Bybit: live order book, 4 min ago; MEXC: 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 Bybit live order book, 4 min ago | 1.93 bp | 28.5 bp −$29 | 67.5 bp −$675 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.93 bp | 5.3 bp −$5 | 15.6 bp −$156 | 77.1 bp −$7,706 | 178.0 bp −$89.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate JTO_USDT | −0.0334% | 8h | 0.5190 | −0.039% | $897K | $986K | 75x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0328% | 1h | 0.5186 | −0.116% | $13K | $10K | 10x | as long as short |
| Bybit JTOUSDTlong | −0.0115% | 4h | 0.5192 | long leg | $7.1M | $14.0M | 50x | |
| OKX JTO-USDT-SWAP | −0.0069% | 4h | 0.5188 | −0.077% | $3.9M | $9.5M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5189 | −0.057% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +6.695% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −4.218% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0096% | 8h | 0.5189 | −0.064% | $518 | — | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5191 | −0.013% | $116K | $228K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5192 | −0.005% | $124K | $219K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5190 | −0.039% | $11.3M | $27.6M | 75x | as long as short |
| MEXC JTO_USDTshort | +0.0100% | 4h | 0.5188 | −0.077% | $6.1M | $3.5M | 50x | |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5187 | −0.091% | $1.6M | $607K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5191 | −0.019% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5192 | 0.000% | — | $8.8M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5180 | −0.239% | $222K | $242K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5187 | −0.096% | $4K | $652 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5173 | −0.366% | $56K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5190 | −0.045% | $521K | $2.2M | 10x | as long as short |
| Hyperliquid JTO | +0.0119% | 1h | 0.5195 | +0.065% | $7.1M | $3.0M | 5x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5189 | −0.063% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5178 | −0.270% | $615K | $538K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5186 | −0.116% | $59K | $138K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5195 | +0.058% | $384K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0477% | 1h | 0.5190 | −0.039% | $335K | $313K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.1045% | 1h | 0.5192 | +0.008% | $267K | $311K | 10x | as long as short |
Bybit JTOUSDT
MEXC JTO_USDT
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Lighter JTO
Aster JTOUSDT
Binance JTOUSDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
Hyperliquid JTO
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD
Backpack JTO_USDC_PERP