Funding you earn now, next payment 08:00 UTC+0.0470%/8h= +51.5% APRpaid last 24h +0.061%
Price spread now: BingX against Gate+0.039%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1081.084% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now +0.039%, 7d avg −0.023%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and BingX is 0.061% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.023%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.084% in total (about 4.4% a year). A funding rate is set anew for every payment. 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 | Gate JTO_USDT | 0.5167 | −0.0370 | get 0.0370% / 8h | 3h 49m | $899K | $998K | 75x |
| Short | BingX JTO-USDT | 0.5169 | 0.0100 | get 0.0050% / 4h | 3h 49m | — | $67.9M | — |
Gate JTO_USDT
BingX JTO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $98.7
- Price spread: +0.039% → −0.023%
- $6.14
- Slippage, 4 orders
- −$83.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$3.6
- Costs to cover
- 1.084%
- Break-even
- 7.3 days
Slippage from Gate: live order book, 12 min ago; BingX: live order book, 4 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 Gate live order book, 12 min ago | 7.76 bp | 42.0 bp −$42 | 81.5 bp −$815 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 1.94 bp | 14.3 bp −$14 | 30.8 bp −$308 | 190.7 bp −$19.1K | 589.8 bp −$294.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | −0.0659% | 4h | 0.5167 | 0.000% | $7.1M | $14.0M | 50x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0524% | 1h | 0.5165 | −0.039% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDTlong | −0.0370% | 8h | 0.5167 | long leg | $899K | $998K | 75x | |
| dYdX JTO-USD | 0.0000% | 1h | 0.5173 | +0.118% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.212% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.755% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0082% | 4h | 0.5165 | −0.039% | $3.9M | $9.4M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0083% | 8h | 0.5163 | −0.073% | $515 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5165 | −0.039% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5173 | +0.122% | $118K | $226K | 10x | as long as short |
Bybit JTOUSDT
Deribit JTO_USDC-PERPETUAL
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Orderly PERP_JTO_USDC_mythos
Lighter JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid JTO | +0.0100% | 1h | 0.5176 | +0.183% | $7.0M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5167 | +0.010% | $125K | $218K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5165 | −0.033% | $11.3M | $27.5M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5172 | +0.090% | $56K | $17K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5165 | −0.039% | $6.2M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5173 | +0.116% | $1.5M | $602K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5166 | −0.019% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDTshort | +0.0100% | 4h | 0.5169 | +0.039% | — | $67.9M | — | |
| Variational Omni JTO | +0.0100% | 4h | 0.5174 | +0.128% | $224K | $246K | — | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5164 | −0.062% | $521K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5167 | −0.009% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0310% | 1h | 0.5174 | +0.135% | $382K | $114K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5175 | +0.155% | $618K | $538K | 75x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0377% | 1h | 0.5175 | +0.153% | $337K | $312K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5182 | +0.290% | $59K | $138K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.0729% | 1h | 0.5174 | +0.145% | $267K | $314K | 10x | as long as short |
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Phoenix JTO
BloFin JTO-USDT
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP