Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.125%
Price spread now: dYdX against Backpack−0.043%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.043% cheaper against Backpack than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack JTO_USDC_PERP | 0.5156 | 0.0100 | pay 0.0013% / 1h | 46m 39s | $263K | $514K | 10x |
| Short | dYdX JTO-USD | 0.5154 | 0 | get 0.0000% / 1h | 46m 39s | $4K | $4K | 5x |
Backpack JTO_USDC_PERP
dYdX JTO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Backpack. 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
- −$21
- Price spread: −0.043% → 0.000%
- −$4.27
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$45.27
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 42 min ago; dYdX: no order-book sample. Net counts fees only.
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 Backpack live order book, 42 min ago | 1.74 bp | 15.0 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0913% | 1h | 0.5151 | −0.101% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0135% | 8h | 0.5146 | −0.198% | $933K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0061% | 4h | 0.5144 | −0.237% | $3.9M | $9.8M | 50x | as long as short |
| dYdX JTO-USDshort | 0.0000% | 1h | 0.5154 | −0.043% | $4K | $4K | 5x | |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.436% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0013% | 8h | 0.5145 | −0.218% | $513 | — | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.553% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5152 | −0.074% | $99K | $184K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5158 | +0.025% | $7.3M | $3.2M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5151 | −0.099% | $173K | $175K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Reya JTORUSDPERP
Paradex JTO-USD-PERP
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 | 0.5147 | −0.178% | $11.6M | $27.9M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5151 | −0.101% | $7.5M | $13.5M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5155 | −0.023% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5144 | −0.237% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5153 | −0.064% | $1.6M | $572K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5148 | −0.159% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5148 | −0.159% | — | $63.5M | — | as long as short |
| Backpack JTO_USDC_PERPlong | +0.0100% | 1h | 0.5156 | long leg | $263K | $514K | 10x | |
| Variational Omni JTO | +0.0100% | 4h | 0.5146 | −0.207% | $183K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5152 | −0.081% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5144 | −0.227% | $523K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5156 | −0.010% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5202 | +0.888% | $57K | $126K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5148 | −0.159% | $645K | $574K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5153 | −0.062% | $371K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0610% | 1h | 0.5159 | +0.058% | $351K | $312K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
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