Funding you earn now, next payment 00:00 UTC+0.0188%/8h= +20.6% APRnext payment +$0.94 per $10,000 · paid last 24h +0.012%
Price spread now: BingX against OKX+0.098%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$560.558% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 7 days−0.076%−$8 · spread now +0.098%, 7d avg +0.011%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BingX is 0.086% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.011%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.048% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.94 per $10,000. 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 | OKX JTO-USDT-SWAP | 0.5128 | −0.0088 | get 0.0044% / 4h | 1h 06m | $3.9M | $9.9M | 50x |
| Short | BingX JTO-USDT | 0.5133 | 0.0100 | get 0.0050% / 4h | 1h 06m | — | $66.2M | — |
OKX JTO-USDT-SWAP
BingX JTO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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
- $39.45
- Price spread: +0.098% → +0.011%
- $8.64
- Slippage, 4 orders
- −$35.79
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$7.69
- Costs to cover
- 0.558%
- Break-even
- 8.4 days
Slippage from OKX: live order book, 1 min ago; BingX: live order book, 12 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 OKX live order book, 1 min ago | 0.98 bp | 14.9 bp −$15 | 55.3 bp −$553 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 1.95 bp | 15.1 bp −$15 | 30.2 bp −$302 | 171.5 bp −$17.2K | 533.7 bp −$266.8K |
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 | −0.0334% | 1h | 0.5130 | +0.039% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0166% | 8h | 0.5131 | +0.059% | $924K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAPlong | −0.0088% | 4h | 0.5128 | long leg | $3.9M | $9.9M | 50x | |
| Paradex JTO-USD-PERP | −0.0085% | 8h | 0.5124 | −0.069% | $511 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5127 | −0.019% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.022% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.023% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5138 | +0.185% | $97K | $175K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5142 | +0.277% | $7.2M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5136 | +0.161% | $172K | $176K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
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 | 0.5130 | +0.044% | $11.4M | $28.0M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5134 | +0.117% | $7.3M | $13.8M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5109 | −0.362% | $55K | $1K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5131 | +0.059% | $7.1M | $3.8M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5138 | +0.189% | $1.6M | $642K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5133 | +0.098% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDTshort | +0.0100% | 4h | 0.5133 | +0.098% | — | $66.2M | — | |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5138 | +0.197% | $226K | $501K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5115 | −0.257% | $180K | $258K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5129 | +0.020% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5132 | +0.080% | $518K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5132 | +0.087% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0304% | 1h | 0.5131 | +0.059% | $56K | $124K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5130 | +0.039% | $630K | $572K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5134 | +0.117% | $369K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0518% | 1h | 0.5139 | +0.209% | $348K | $313K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD