Funding you earn now, next payment 22:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.04 per $10,000 · paid last 24h −0.094%
Price spread now: Extended against Backpack−0.159%7-day average −0.177% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$640.640% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)+0.334%+$33 · spread now −0.159%, 7d avg −0.177%
=Together, before fees+0.171%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.177%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack JTO_USDC_PERP | 0.5169 | 0.0132 | pay 0.0017% / 1h | 40m 04s | $264K | $511K | 10x |
| Short | Extended JTO-USD | 0.5161 | 0.0104 | get 0.0013% / 1h | 40m 04s | $523K | $854K | 10x |
Backpack JTO_USDC_PERP
Extended JTO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$5.89
- Price spread: −0.159% → −0.177%
- $1.74
- Slippage, 4 orders
- −$49
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$68.15
- Costs to cover
- 0.640%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 48 min ago; Extended: live order book, 48 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 Backpack live order book, 48 min ago | 1.74 bp | 15.0 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 48 min ago | 3.10 bp | 16.5 bp −$17 | 103.2 bp −$1,032 | 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 | −0.172% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0143% | 8h | 0.5158 | −0.211% | $936K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0077% | 4h | 0.5158 | −0.211% | $3.9M | $9.8M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5154 | −0.279% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.167% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0009% | 8h | 0.5150 | −0.364% | $514 | — | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.790% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5164 | −0.089% | $100K | $184K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5160 | −0.170% | $173K | $175K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5161 | −0.147% | $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
Aster JTOUSDT
Binance JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | +0.0100% | 4h | 0.5166 | −0.056% | $7.5M | $13.5M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5160 | −0.172% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5164 | −0.093% | $1.6M | $571K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5161 | −0.153% | $2.6M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5162 | −0.133% | — | $63.5M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5155 | −0.268% | $183K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5159 | −0.192% | $4K | $2K | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5148 | −0.404% | $56K | $2K | 10x | as long as short |
| Extended JTO-USDshort | +0.0104% | 1h | 0.5161 | −0.159% | $523K | $854K | 10x | |
| Hyperliquid JTO | +0.0112% | 1h | 0.5174 | +0.091% | $7.3M | $3.2M | 5x | as long as short |
| Backpack JTO_USDC_PERPlong | +0.0132% | 1h | 0.5169 | long leg | $264K | $511K | 10x | |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5164 | −0.101% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5202 | +0.640% | $57K | $126K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5146 | −0.443% | $643K | $574K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5162 | −0.133% | $371K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0609% | 1h | 0.5168 | −0.020% | $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
Hyperliquid JTO
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD