JTO funding rate

Compared across 14 venues · net of estimated fees

JTO Funding Rate — live across 14 venues

Perpetual funding · compared across 14 venues · net of estimated fees · updated every few minutes

Live annualized JTO perpetual funding across all 14 venues Perpia tracks. Right now JTO funding is positive on 9 and negative on 5, ranging from +10.9% on BackPack to -7.0% on Bitget — a spread of 18.0%. The widest delta-neutral trade is long MEXC / short BackPack at 15.6% net APR.

14venues
9paying positive
18.0%funding spread
Best JTO spread now
15.6%
net APR after fees
LongMEXC↗→ShortBackPack↗
size depends on live venue depth — see the real cap in the scanner

JTO funding trend & liquidity

168h of history
18.0%current gross APR
46.7%24h average
25.6%7-day average
$282Kpair OI · lower leg
$137K24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

JTO · MEXC → BackPack — no history

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Build a route

any two of the 14 venues
Gross spread+18.0%+$4.92 / day on $10,000
Widest routes

This is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.

Venues: pick the two legs

sorted by rate · 14 venues
VenueFunding APR ↓IntervalUse as
BackPack↗short+10.9%every 1h
BingX↗+10.9%every 4h
Variational↗+10.9%every 4h
Bybit↗+10.9%every 4h
Hyperliquid↗+10.9%every 1h
KuCoin↗+10.9%every 4h
Aster↗+10.9%every 4h
OKX↗+10.9%every 4h
Lighter↗+10.5%every 8h
below — these venues pay the longs: this is the leg you buy
Gate.io↗−4.2%every 8h
Binance↗−7.0%every 4h
MEXC↗long−7.0%every 4h
Extended↗−7.0%every 1h
Bitget↗−7.0%every 4h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the MEXC vs BackPack page. 32 pairs scanned for JTO.

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JTO — FAQ

Is JTO funding positive right now?

JTO perpetual funding is positive on 9 of 14 venues Perpia tracks and negative on 5. The highest is +10.9% on BackPack; the lowest is -7.0% on Bitget.

What is the best JTO funding arbitrage right now?

Go long MEXC and short BackPack for about 15.6% net APR after fees — the widest delta-neutral JTO spread Perpia currently sees.

Which exchange has the highest JTO funding rate?

BackPack, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How JTO funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to JTO

also quoted on both BackPack and MEXC

The same two exchanges you would already have funded for the JTO trade. Every spread between them is on the BackPack vs MEXC page.