Funding you earn now, next payment 23:00 UTC−0.0262%/8h= −28.7% APRnext payment −$0.33 per $10,000 · paid last 24h −0.080%
Price spread now: Bulk against Coinbase International−1.286%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$8 a day on $10k at the current rate, and Bulk is 1.286% cheaper against Coinbase International than usual: you would sell low and buy high (−$129 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 | Coinbase International JTO-PERP-INTX | 0.5172 | 0.0296 | pay 0.0037% / 1h | 28m 34s | $57K | $115K | 25x |
| Short | Bulk JTO-USD | 0.5106 | 0.0034 | get 0.0004% / 1h | 28m 34s | $55K | $1K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Coinbase International. 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
- −$55.08
- Price spread: −1.286% → 0.000%
- −$128.58
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$200.66
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 49 min ago; Bulk: 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 Coinbase International live order book, 49 min ago | 17.59 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bulk no order-book sample | — | — | — | — | — |
Bulk: 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 | −0.0727% | 1h | 0.5111 | −1.179% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0179% | 8h | 0.5109 | −1.218% | $899K | $1.5M | 75x | as long as short |
| Paradex JTO-USD-PERP | −0.0015% | 8h | 0.5105 | −1.290% | $510 | — | 5x | as long as short |
| OKX JTO-USDT-SWAP | −0.0012% | 4h | 0.5106 | −1.276% | $3.9M | $9.5M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5111 | −1.172% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.103% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.848% | $31 | $43K | 5.5x | as long as short |
| Bulk JTO-USDshort | +0.0034% | 1h | 0.5106 | −1.286% | $55K | $1K | 10x | |
| Lighter JTO | +0.0096% | 1h | 0.5111 | −1.189% | $101K | $192K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5114 | −1.125% | $7.1M | $3.2M | 5x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5115 | −1.096% | $172K | $177K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5108 | −1.247% | $11.3M | $28.1M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5114 | −1.121% | $7.4M | $13.9M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5107 | −1.257% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5116 | −1.085% | $1.6M | $631K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5110 | −1.199% | $2.5M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5108 | −1.237% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5110 | −1.200% | $224K | $305K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5112 | −1.160% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5106 | −1.274% | $518K | $854K | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0111% | 1h | 0.5119 | −1.025% | $224K | $472K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5114 | −1.116% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0226% | 1h | 0.5119 | −1.024% | $346K | $312K | 25x | as long as short |
| Coinbase International JTO-PERP-INTXlong | +0.0296% | 1h | 0.5172 | long leg | $57K | $115K | 25x | |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5106 | −1.276% | $627K | $610K | 75x | as long as short |
| Phoenix JTO | +0.0465% | 1h | 0.5117 | −1.063% | $367K | $266K | 5x | as long as short |
Coinbase International JTO-PERP-INTX
Bulk JTO-USD
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Paradex JTO-USD-PERP
OKX JTO-USDT-SWAP
Injective JTO/USDC PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
Kraken Futures PF_JTOUSD
BloFin JTO-USDT
Phoenix JTO