Funding you earn now, next payment 05:00 UTC−0.0773%/8h= −84.7% APRnext payment −$0.97 per $10,000 · paid last 24h −0.230%
Price spread now: Deribit against Coinbase International−0.388%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 −$23 a day on $10k at the current rate, and Deribit is 0.388% cheaper against Coinbase International than usual: you would sell low and buy high (−$39 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 | 0.5161 | 0.0440 | pay 0.0055% / 1h | 20m 54s | $58K | $136K | 25x |
| Short | Deribit JTO_USDC-PERPETUAL | 0.5141 | −0.0333 | pay 0.0042% / 1h | 20m 54s | $3K | $20K | 10x |
Coinbase International JTO-PERP-INTX
Deribit JTO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$162.37
- Price spread: −0.388% → 0.000%
- −$38.75
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$218.12
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 27 min ago; Deribit: 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, 27 min ago | 18.39 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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-PERPETUALshort | −0.0333% | 1h | 0.5141 | −0.388% | $3K | $20K | 10x | |
| Gate JTO_USDT | −0.0260% | 8h | 0.5144 | −0.329% | $903K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5152 | −0.173% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.337% | — | — | — | as long as short |
| OKX JTO-USDT-SWAP | +0.0009% | 4h | 0.5147 | −0.271% | $3.8M | $9.6M | 50x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.643% | $31 | $43K | 5.5x | as long as short |
| Bybit JTOUSDT | +0.0055% | 4h | 0.5147 | −0.271% | $7.0M | $14.2M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0076% | 8h | 0.5154 | −0.141% | $494 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5146 | −0.291% | $114K | $229K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5156 | −0.097% | $7.0M | $3.0M | 5x | as long as short |
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
OKX JTO-USDT-SWAP
Injective JTO/USDC PERP
Bybit JTOUSDT
Paradex JTO-USD-PERP
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 | 0.5148 | −0.258% | $122K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5145 | −0.310% | $11.1M | $28.0M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5122 | −0.746% | $55K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5149 | −0.233% | $6.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5151 | −0.194% | $1.5M | $611K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5151 | −0.194% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5145 | −0.310% | — | $8.8M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5142 | −0.366% | $220K | $241K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5140 | −0.407% | $4K | $652 | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0101% | 1h | 0.5150 | −0.215% | $266K | $307K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5144 | −0.337% | $518K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5145 | −0.310% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5148 | −0.252% | $600K | $544K | 75x | as long as short |
| Coinbase International JTO-PERP-INTXlong | +0.0440% | 1h | 0.5161 | long leg | $58K | $136K | 25x | |
| Phoenix JTO | +0.0464% | 1h | 0.5095 | −1.279% | $376K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0481% | 1h | 0.5147 | −0.271% | $344K | $349K | 25x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Backpack JTO_USDC_PERP
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD