Funding you earn now, next payment 21:00 UTC+0.0363%/8h= +39.8% APRpaid last 24h +0.079%
Price spread now: Phoenix against Aster+0.004%105s7-day average +0.104% · 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—prices read too far apart to compare
costs, in and out, $10k−$1581.581% of the position
Funding, last 5 days (all we have)+0.277%+$28 on $10k
+Price spread, last 3 days (all we have)+0.459%+$46 · spread now +0.004%, 7d avg +0.104%
=Together, before fees+0.736%+ Points / potential airdropAster: Stage 5 · farm board+$74 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phoenix is 0.100% cheaper against Aster than usual: you would sell low and buy high (spread +0.004% now, against its 7-day average of +0.104%). If the spread goes back, that is −$10 on $10k: about 22 hours of funding at the current rate (+$11 a day). At the pace of the last 5 days (+0.277% in total) that is about 45 hours. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster JTOUSDT | 0.5162 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $173K | $175K | 10x |
| Short | Phoenix JTO | 0.5162 | 0.0463 | get 0.0058% / 1h | 39m 43s | $371K | $267K | 5x |
Aster JTOUSDT
Phoenix JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $76.32
- Price spread: +0.004% → +0.104%
- −$10
- Slippage, 4 orders
- −$143.09
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$91.78
- Costs to cover
- 1.581%
- Break-even
- 15.4 days
Slippage from Aster: live order book, 46 min ago; Phoenix: live order book, 46 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, 46 min ago | 6.79 bp | 92.5 bp −$93 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 46 min ago | 1.93 bp | 20.8 bp −$21 | 60.2 bp −$602 | 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 | −0.0718% | 1h | 0.5160 | −0.035% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0148% | 8h | 0.5155 | −0.132% | $934K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0077% | 4h | 0.5152 | −0.190% | $3.9M | $9.8M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5159 | −0.045% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.315% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0010% | 8h | 0.5152 | −0.187% | $514 | — | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.658% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5163 | +0.015% | $100K | $184K | 10x | as long as short |
| Aster JTOUSDTlong | +0.0100% | 4h | 0.5162 | long leg | $173K | $175K | 10x | |
| Binance JTOUSDT | +0.0100% | 4h | 0.5154 | −0.144% | $11.6M | $27.8M | 75x | 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
Lighter JTO
Binance JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | +0.0100% | 4h | 0.5159 | −0.054% | $7.5M | $13.5M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5154 | −0.151% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5162 | +0.006% | $1.6M | $571K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5160 | −0.035% | $2.6M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5154 | −0.151% | — | $63.5M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5155 | −0.131% | $183K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5159 | −0.054% | $4K | $2K | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5148 | −0.267% | $56K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5153 | −0.174% | $523K | $854K | 10x | as long as short |
| Hyperliquid JTO | +0.0108% | 1h | 0.5168 | +0.122% | $7.3M | $3.2M | 5x | as long as short |
| Backpack JTO_USDC_PERP | +0.0132% | 1h | 0.5169 | +0.138% | $264K | $511K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5164 | +0.037% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5202 | +0.779% | $57K | $126K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5146 | −0.306% | $643K | $574K | 75x | as long as short |
| Phoenix JTOshort | +0.0463% | 1h | 0.5162 | +0.004% | $371K | $267K | 5x | |
| Kraken Futures PF_JTOUSD | +0.0609% | 1h | 0.5168 | +0.117% | $352K | $312K | 25x | as long as short |
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
Hyperliquid JTO
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Kraken Futures PF_JTOUSD