Funding you earn now, next payment 01:00 UTC+0.0475%/8h= +52.0% APRpaid last 24h +0.212%
Price spread now: BloFin against Deribit−0.500%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 pays, the price is against you. BloFin is 0.500% cheaper against Deribit than usual: you would sell low and buy high (spread −0.500% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$50 on $10k: about 3.5 days of funding at the current rate (+$14 a day). The two prices were read 57 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 | Deribit JTO_USDC-PERPETUAL | 0.5196 | −0.0135 | get 0.0017% / 1h | 3m 28s | $13K | $10K | 10x |
| Short | BloFin JTO-USDT | 0.5170 | 0.0340 | get 0.0170% / 4h | 3h 03m | $627K | $581K | 75x |
Deribit JTO_USDC-PERPETUAL
BloFin JTO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Deribit. 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
- $99.7
- Price spread: −0.500% → 0.000%
- −$50.04
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $30.66
- Costs to cover
- 0.190%
- Break-even
- 4.8 days
Slippage unknown: Deribit: no order-book sample; BloFin: live order book, 3 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 3 min ago | 1.93 bp | 11.8 bp −$12 | 34.5 bp −$345 | 158.8 bp −$15.9K | doesn't fit |
Deribit: 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-PERPETUALlong | −0.0135% | 1h | 0.5196 | long leg | $13K | $10K | 10x | |
| dYdX JTO-USD | 0.0000% | 1h | 0.5157 | −0.749% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +6.606% | — | — | — | as long as short |
| OKX JTO-USDT-SWAP | +0.0002% | 4h | 0.5160 | −0.693% | $3.9M | $9.3M | 50x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −4.292% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0049% | 8h | 0.5155 | −0.794% | $514 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5161 | −0.674% | $4K | $872 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5162 | −0.651% | $109K | $202K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5167 | −0.558% | $7.1M | $2.8M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5155 | −0.788% | $173K | $157K | 10x | as long as short |
dYdX JTO-USD
Reya JTORUSDPERP
OKX JTO-USDT-SWAP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Orderly PERP_JTO_USDC_mythos
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 | 0.5160 | −0.689% | $11.4M | $27.5M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5163 | −0.635% | $7.6M | $13.3M | 50x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.5162 | −0.654% | $914K | $1.2M | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5161 | −0.674% | $6.9M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5168 | −0.533% | $1.6M | $575K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5164 | −0.616% | $2.5M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5161 | −0.674% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5145 | −0.990% | $225K | $294K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5143 | −1.020% | $63K | $8K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5159 | −0.711% | $519K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5163 | −0.637% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0245% | 1h | 0.5201 | +0.101% | $351K | $308K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.0303% | 1h | 0.5195 | −0.015% | $225K | $436K | 10x | as long as short |
| Phoenix JTO | +0.0312% | 1h | 0.5164 | −0.616% | $381K | $262K | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5203 | +0.135% | $64K | $130K | 25x | as long as short |
| BloFin JTO-USDTshort | +0.0340% | 4h | 0.5170 | −0.500% | $627K | $581K | 75x |
Binance JTOUSDT
Bybit JTOUSDT
Gate JTO_USDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Kraken Futures PF_JTOUSD
Backpack JTO_USDC_PERP
Phoenix JTO
Coinbase International JTO-PERP-INTX