Funding you earn now, next payment 01:00 UTC+0.0815%/8h= +89.2% APRpaid last 24h +0.118%
Price spread now: Bybit against Deribit+0.039%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Bybit is 0.039% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread 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 | Deribit JTO_USDC-PERPETUAL | 0.5179 | −0.0715 | get 0.0089% / 1h | 35m 21s | $13K | $11K | 10x |
| Short | Bybit JTOUSDT | 0.5181 | 0.0100 | get 0.0050% / 4h | 3h 35m | $7.6M | $13.4M | 50x |
Deribit JTO_USDC-PERPETUAL
Bybit JTOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $171.05
- Price spread: +0.039% → 0.000%
- $3.86
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $156.91
- Costs to cover
- 0.180%
- Break-even
- 0.6 days
Slippage unknown: Deribit: no order-book sample; Bybit: 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 Bybit live order book, 3 min ago | 2.90 bp | 19.5 bp −$19 | 68.9 bp −$689 | doesn't fit | 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 | −0.0715% | 1h | 0.5179 | long leg | $13K | $11K | 10x | |
| Gate JTO_USDT | −0.0248% | 8h | 0.5184 | +0.097% | $917K | $1.2M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0083% | 4h | 0.5174 | −0.097% | $3.9M | $9.4M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0002% | 8h | 0.5184 | +0.100% | $517 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5187 | +0.155% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +6.957% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.978% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5187 | +0.162% | $102K | $187K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5193 | +0.265% | $7.1M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5187 | +0.157% | $174K | $177K | 10x | as long as short |
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 | 0.5178 | −0.012% | $11.4M | $27.9M | 75x | as long as short |
| Bybit JTOUSDTshort | +0.0100% | 4h | 0.5181 | +0.039% | $7.6M | $13.4M | 50x | |
| Bulk JTO-USD | +0.0100% | 1h | 0.5156 | −0.444% | $56K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5181 | +0.039% | $7.1M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5190 | +0.210% | $1.6M | $598K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5186 | +0.135% | $2.6M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5182 | +0.058% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5187 | +0.149% | $227K | $300K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5179 | 0.000% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5177 | −0.042% | $528K | $1.8M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5182 | +0.063% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0246% | 1h | 0.5191 | +0.230% | $351K | $311K | 25x | as long as short |
| Phoenix JTO | +0.0312% | 1h | 0.5195 | +0.309% | $384K | $262K | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5182 | +0.058% | $66K | $123K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5184 | +0.097% | $622K | $606K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0513% | 1h | 0.5192 | +0.245% | $226K | $463K | 10x | as long as short |
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
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
Phoenix JTO
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Backpack JTO_USDC_PERP