Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −11.0% APRnext payment −$0.13 per $10,000 · paid last 24h —
Price spread now: Reya against Bulk+7.754%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Reya is 7.754% dearer against Bulk than usual: you sell high and buy low (spread +7.754% now, against zero (this spread has no 7-day history yet)): +$775 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 9 months. The two prices were read 52 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 | Bulk JTO-USD | 0.5141 | 0.0100 | pay 0.0013% / 1h | 56m 40s | $56K | $17K | 10x |
| Short | Reya JTORUSDPERP | 0.5540 | 0 | get 0.0000% / 1h | 56m 40s | — | — | — |
Bulk JTO-USD
Reya JTORUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Bulk. 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: +7.754% → 0.000%
- $775.42
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $741.42
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Bulk: no order-book sample; Reya: 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 Bulk no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
Bulk and Reya: 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 | −0.0718% | 1h | 0.5162 | +0.408% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0344% | 8h | 0.5148 | +0.136% | $897K | $994K | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5154 | +0.252% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERPshort | 0.0000% | 1h | 0.5540 | +7.754% | — | — | — | |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.268% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0084% | 8h | 0.5145 | +0.087% | $514 | — | 5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0093% | 4h | 0.5144 | +0.058% | $3.9M | $9.4M | 50x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5163 | +0.428% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5154 | +0.253% | $118K | $226K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5155 | +0.282% | $7.0M | $3.0M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
OKX JTO-USDT-SWAP
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Hyperliquid JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5155 | +0.264% | $124K | $218K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5148 | +0.136% | $11.3M | $27.5M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5147 | +0.117% | $7.1M | $14.0M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5145 | +0.078% | $6.2M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5153 | +0.241% | $1.5M | $603K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5147 | +0.117% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5146 | +0.097% | — | $68.0M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5156 | +0.294% | $223K | $266K | — | as long as short |
| Bulk JTO-USDlong | +0.0100% | 1h | 0.5141 | long leg | $56K | $17K | 10x | |
| Extended JTO-USD | +0.0104% | 1h | 0.5146 | +0.092% | $518K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5165 | +0.466% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5157 | +0.311% | $618K | $522K | 75x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0378% | 1h | 0.5165 | +0.474% | $336K | $312K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5176 | +0.681% | $59K | $137K | 25x | as long as short |
| Phoenix JTO | +0.0469% | 1h | 0.5164 | +0.447% | $381K | $110K | 5x | as long as short |
| Backpack JTO_USDC_PERP | +0.1019% | 1h | 0.5167 | +0.510% | $269K | $314K | 10x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
Phoenix JTO
Backpack JTO_USDC_PERP