Funding arb · Price arb /

JTO

all JTO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.021%

Price spread now: Orderly against Bybit−0.135%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.135% cheaper against Bybit than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit JTOUSDT	0.5183	0.0100	pay 0.0050% / 4h	1h 59m	$7.6M	$13.6M	50x
Short	Orderly PERP_JTO_USDC_mythos	0.5176	0.0100	get 0.0050% / 4h	1h 59m	$4K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee OrderlybpOrdersPrice spread, now −0.135%Rate

Funding earned: $0
Price spread: −0.135% → 0.000%: −$13.51
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$30.51
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 4 min ago; Orderly: 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 Bybit live order book, 4 min ago	1.93 bp	18.4 bp −$18	45.8 bp −$458	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.0715%	1h	0.5178	−0.096%	$13K	$11K	10x	as long as short
Gate JTO_USDT	−0.0147%	8h	0.5175	−0.154%	$936K	$1.5M	75x	as long as short
OKX JTO-USDT-SWAP	−0.0118%	4h	0.5176	−0.135%	$3.9M	$9.9M	50x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5179	−0.082%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5539	+6.878%	—	—	—	as long as short
Paradex JTO-USD-PERP	+0.0001%	8h	0.5173	−0.200%	$516	—	5x	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−4.052%	$31	$43K	5.5x	as long as short
Lighter JTO	+0.0096%	1h	0.5181	−0.037%	$100K	$173K	10x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5179	−0.072%	$174K	$176K	10x	as long as short
Binance JTOUSDT	+0.0100%	4h	0.5177	−0.116%	$11.6M	$27.9M	75x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit JTOUSDTlong	+0.0100%	4h	0.5183	long leg	$7.6M	$13.6M	50x
Bulk JTO-USD	+0.0100%	1h	0.5163	−0.386%	$56K	$2K	10x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5175	−0.154%	$7.1M	$3.6M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5181	−0.039%	$1.7M	$664K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5178	−0.096%	$2.5M	$2.4M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5176	−0.135%	—	$63.5M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5173	−0.187%	$183K	$258K	—	as long as short
Orderly PERP_JTO_USDC_mythosshort	+0.0100%	4h	0.5176	−0.135%	$4K	$2K	10x
Extended JTO-USD	+0.0104%	1h	0.5175	−0.150%	$523K	$854K	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5180	−0.060%	$2K	—	50x	as long as short
Coinbase International JTO-PERP-INTX	+0.0304%	1h	0.5193	+0.193%	$57K	$125K	25x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5170	−0.251%	$641K	$576K	75x	as long as short
Phoenix JTO	+0.0463%	1h	0.5179	−0.077%	$372K	$267K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0513%	1h	0.5184	+0.027%	$353K	$312K	25x	as long as short
Hyperliquid JTO	+0.0565%	1h	0.5189	+0.114%	$7.3M	$3.1M	5x	as long as short
Backpack JTO_USDC_PERP	+0.0898%	1h	0.5183	+0.004%	$225K	$518K	10x	as long as short