JTO Funding Rate — live across 13 venues

25 DEX + 8 CEX · net of fees · updated continuously

Live annualized JTO perpetual funding across all 13 venues Perpia tracks. Right now JTO funding is positive on 9 and negative on 4, ranging from +10.9% on OKX to -35.9% on BackPack — a spread of 46.9%. The widest delta-neutral trade is long BackPack / short OKX at 43.9% net APR.

13
venues
9
paying positive
46.9%
funding spread
Best JTO spread now
43.9%
net APR after fees
Long BackPackShort OKX
size depends on live venue depth — see the real cap in the scanner

JTO funding rate by venue

43 pairs scanned
VenueFunding APRInterval
OKX+10.9%4h
Bitget+10.9%4h
Hyperliquid+10.9%1h
KuCoin+10.9%4h
Aster+10.9%1h
Lighter+10.5%8h
Gate.io+8.3%8h
MEXC+5.5%8h
Binance+5.5%8h
Variational-7.5%4h
BingX-22.8%4h
Bybit-23.1%4h
BackPack-35.9%1h

Rates annualized; updated ~every few minutes from live venue data.

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JTO funding — FAQ

Is JTO funding positive right now?

JTO perpetual funding is positive on 9 of 13 venues Perpia tracks and negative on 4. The highest is +10.9% on OKX; the lowest is -35.9% on BackPack.

What is the best JTO funding arbitrage right now?

Go long BackPack and short OKX for about 43.9% net APR after fees — the widest delta-neutral JTO spread Perpia currently sees.

Which exchange has the highest JTO funding rate?

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

How JTO funding arbitrage works

Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.