Funding you earn now, next payment 23:00 UTC+0.0145%/8h= +15.9% APRpaid last 24h +0.098%
Price spread now: Backpack against Aster+0.317%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$1131.125% of the position
Funding, last 5 days (all we have)+0.253%+$25 on $10k
+Price spread, last 4 days (all we have)−0.575%−$58 · spread now +0.317%, 7d avg +0.063%
=Together, before fees−0.322%+ Points / potential airdropAster: Stage 5 · farm board−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Backpack is 0.254% dearer against Aster than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster JTOUSDT | 0.5177 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $174K | $176K | 10x |
| Short | Backpack JTO_USDC_PERP | 0.5193 | 0.0245 | get 0.0031% / 1h | 39m 29s | $228K | $509K | 10x |
Aster JTOUSDT
Backpack JTO_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Aster. 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
- $30.41
- Price spread: +0.317% → +0.063%
- $25.37
- Slippage, 4 orders
- −$94.54
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$56.76
- Costs to cover
- 1.125%
- Break-even
- 20.1 days
Slippage from Aster: live order book, 42 min ago; Backpack: live order book, 44 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 Aster live order book, 42 min ago | 4.82 bp | 63.2 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 44 min ago | 0.10 bp | 12.1 bp −$12 | doesn't fit | 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 | −0.0521% | 1h | 0.5186 | +0.179% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0157% | 8h | 0.5176 | −0.014% | $935K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0096% | 4h | 0.5169 | −0.149% | $3.9M | $9.9M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5179 | +0.050% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.005% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0021% | 8h | 0.5171 | −0.108% | $516 | — | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.935% | $31 | $43K | 5.5x | as long as short |
| Bulk JTO-USD | +0.0064% | 1h | 0.5180 | +0.068% | $56K | $1K | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5179 | +0.042% | $99K | $174K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5182 | +0.098% | $7.3M | $3.1M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Paradex JTO-USD-PERP
Injective JTO/USDC PERP
Bulk JTO-USD
Lighter JTO
Hyperliquid JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDTlong | +0.0100% | 4h | 0.5177 | long leg | $174K | $176K | 10x | |
| Binance JTOUSDT | +0.0100% | 4h | 0.5173 | −0.072% | $11.6M | $27.9M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5176 | −0.014% | $7.4M | $13.8M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5171 | −0.110% | $7.2M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5180 | +0.064% | $1.6M | $678K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5176 | −0.014% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5177 | +0.006% | — | $63.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5184 | +0.139% | $184K | $258K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5186 | +0.179% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5172 | −0.091% | $526K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5176 | −0.019% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERPshort | +0.0245% | 1h | 0.5193 | +0.317% | $228K | $509K | 10x | |
| Coinbase International JTO-PERP-INTX | +0.0304% | 1h | 0.5192 | +0.295% | $57K | $125K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5185 | +0.160% | $640K | $578K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5190 | +0.257% | $373K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0513% | 1h | 0.5193 | +0.309% | $353K | $313K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
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]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD