Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Binance against Injective+2.193%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$2 a day on $10k at the current rate, and Binance is 2.193% dearer against Injective than usual: you sell high and buy low: +$219 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 | Injective JTO/USDC PERP | 0.4973 | 0.0033 | pay 0.0004% / 1h | 33m 17s | $31 | $43K | 5.5x |
| Short | Binance JTOUSDT | 0.5082 | 0.0100 | get 0.0050% / 4h | 2h 33m | $11.0M | $27.9M | 75x |
Injective JTO/USDC PERP
Binance JTOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $14
- Price spread: +2.193% → 0.000%
- $219.34
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $223.32
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 8 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 0.98 bp | 15.9 bp −$16 | 40.0 bp −$400 | 227.4 bp −$22.7K | doesn't fit |
Injective: 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-PERPETUAL | −0.0536% | 1h | 0.5083 | +2.212% | $3K | $20K | 10x | as long as short |
| Gate JTO_USDT | −0.0292% | 8h | 0.5091 | +2.373% | $899K | $1.0M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0013% | 4h | 0.5077 | +2.091% | $3.8M | $9.4M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5098 | +2.518% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +11.395% | — | — | — | as long as short |
| Injective JTO/USDC PERPlong | +0.0033% | 1h | 0.4973 | long leg | $31 | $43K | 5.5x | |
| Bybit JTOUSDT | +0.0035% | 4h | 0.5081 | +2.172% | $6.9M | $14.1M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0086% | 8h | 0.5093 | +2.420% | $488 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5087 | +2.298% | $113K | $229K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5101 | +2.584% | $6.9M | $3.0M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Bybit JTOUSDT
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 | 0.5086 | +2.275% | $121K | $219K | 10x | as long as short |
| Binance JTOUSDTshort | +0.0100% | 4h | 0.5082 | +2.193% | $11.0M | $27.9M | 75x | |
| Bulk JTO-USD | +0.0100% | 1h | 0.5125 | +3.057% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5092 | +2.393% | $6.0M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5095 | +2.455% | $1.5M | $609K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5086 | +2.272% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5082 | +2.192% | — | $8.8M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5121 | +2.970% | $219K | $242K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5083 | +2.212% | $3K | $652 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5080 | +2.161% | $512K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5087 | +2.298% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0235% | 1h | 0.5098 | +2.518% | $265K | $309K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5090 | +2.353% | $608K | $528K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5114 | +2.835% | $58K | $134K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5134 | +3.237% | $379K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0487% | 1h | 0.5088 | +2.307% | $327K | $328K | 25x | as long as short |
Aster 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]
Backpack JTO_USDC_PERP
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD