Funding you earn now, next payment 08:00 UTC+0.0461%/8h= +50.5% APRpaid last 24h +0.061%
Price spread now: MEXC against Gate−0.078%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$940.936% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 7 days+0.082%+$8 · spread now −0.078%, 7d avg −0.047%
=Funding pays, the price is against you. MEXC is 0.031% cheaper against Gate than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of −0.047%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.053% in total) that is about 4.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.053% in total (about 2.8% 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 | 0.5160 | −0.0361 | get 0.0361% / 8h | 3h 24m | $896K | $1.0M | 75x |
| Short | MEXC JTO_USDT | 0.5156 | 0.0100 | get 0.0050% / 4h | 3h 24m | $6.2M | $3.4M | 50x |
Gate JTO_USDT
MEXC JTO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $96.81
- Price spread: −0.078% → −0.047%
- −$3.08
- Slippage, 4 orders
- −$78.56
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $0.17
- Costs to cover
- 0.936%
- Break-even
- 7.0 days
Slippage from Gate: live order book, 2 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 Gate live order book, 2 min ago | 5.80 bp | 49.1 bp −$49 | 97.8 bp −$978 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.93 bp | 4.0 bp −$4 | 17.5 bp −$175 | 74.6 bp −$7,457 | 171.4 bp −$85.7K |
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_USDTlong | −0.0361% | 8h | 0.5160 | long leg | $896K | $1.0M | 75x | |
| Deribit JTO_USDC-PERPETUAL | −0.0331% | 1h | 0.5162 | +0.039% | $13K | $10K | 10x | as long as short |
| Bybit JTOUSDT | −0.0303% | 4h | 0.5154 | −0.116% | $7.1M | $14.0M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5159 | −0.020% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.356% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.624% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0077% | 4h | 0.5153 | −0.136% | $3.9M | $9.4M | 50x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5164 | +0.078% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5162 | +0.047% | $118K | $227K | 10x | as long as short |
| Paradex JTO-USD-PERP | +0.0098% | 8h | 0.5153 | −0.127% | $514 | — | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Bybit JTOUSDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Paradex JTO-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid JTO | +0.0100% | 1h | 0.5167 | +0.138% | $7.0M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5160 | +0.001% | $123K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5155 | −0.102% | $11.3M | $27.5M | 75x | as long as short |
| MEXC JTO_USDTshort | +0.0100% | 4h | 0.5156 | −0.078% | $6.2M | $3.4M | 50x | |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5164 | +0.083% | $1.5M | $603K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5158 | −0.039% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5155 | −0.097% | — | $27.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5172 | +0.224% | $224K | $239K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5145 | −0.291% | $56K | $17K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5157 | −0.067% | $522K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5165 | +0.103% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0310% | 1h | 0.5183 | +0.446% | $383K | $114K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5161 | +0.019% | $613K | $522K | 75x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0378% | 1h | 0.5168 | +0.158% | $335K | $312K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5182 | +0.426% | $59K | $136K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.0713% | 1h | 0.5168 | +0.159% | $266K | $310K | 10x | as long as short |
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Bulk JTO-USD
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