Funding you earn now, next payment 08:00 UTC+0.0274%/8h= +30.0% APRpaid last 24h +0.041%
Price spread now: OKX against Gate−0.137%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1351.349% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 7 days+0.212%+$21 · spread now −0.137%, 7d avg −0.034%
=Funding pays, the price is against you. OKX is 0.104% cheaper against Gate than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of −0.034%). If the spread goes back, that is −$10 on $10k: about 30 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.034% in total) that is about 21 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.034% in total (about 1.8% 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 | 0.5096 | −0.0282 | get 0.0282% / 8h | 2h 28m | $898K | $1.0M | 75x |
| Short | OKX JTO-USDT-SWAP | 0.5089 | −0.0008 | pay 0.0004% / 4h | 2h 28m | $3.8M | $9.4M | 50x |
Gate JTO_USDT
OKX JTO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $57.63
- Price spread: −0.137% → −0.034%
- −$10.36
- Slippage, 4 orders
- −$109.87
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$87.61
- Costs to cover
- 1.349%
- Break-even
- 17.6 days
Slippage from Gate: live order book, 4 min ago; OKX: live order book, 5 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, 4 min ago | 8.84 bp | 49.5 bp −$49 | 105.8 bp −$1,058 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.98 bp | 19.7 bp −$20 | 65.1 bp −$651 | doesn't fit | doesn't fit |
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 | −0.0731% | 1h | 0.5090 | −0.118% | $3K | $20K | 10x | as long as short |
| Gate JTO_USDTlong | −0.0282% | 8h | 0.5096 | long leg | $898K | $1.0M | 75x | |
| OKX JTO-USDT-SWAPshort | −0.0008% | 4h | 0.5089 | −0.137% | $3.8M | $9.4M | 50x | |
| dYdX JTO-USD | 0.0000% | 1h | 0.5098 | +0.042% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.707% | — | — | — | as long as short |
| Bybit JTOUSDT | +0.0021% | 4h | 0.5092 | −0.078% | $6.9M | $14.1M | 50x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.414% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0081% | 8h | 0.5092 | −0.075% | $488 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5097 | +0.026% | $113K | $229K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5104 | +0.153% | $6.9M | $3.0M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
dYdX JTO-USD
Reya JTORUSDPERP
Bybit JTOUSDT
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Lighter JTO
Hyperliquid JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5094 | −0.047% | $121K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5089 | −0.137% | $11.0M | $28.0M | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5089 | −0.137% | $6.0M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5096 | 0.000% | $1.5M | $610K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5091 | −0.098% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5093 | −0.059% | — | $8.8M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5100 | +0.075% | $265K | $308K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5079 | −0.329% | $218K | $242K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5091 | −0.098% | $3K | $652 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5084 | −0.235% | $55K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5089 | −0.144% | $512K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5094 | −0.040% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5097 | +0.020% | $606K | $529K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5111 | +0.294% | $57K | $134K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5108 | +0.235% | $377K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0485% | 1h | 0.5101 | +0.104% | $327K | $330K | 25x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD