Funding you earn now, next payment 05:00 UTC−0.0407%/8h= −44.5% APRnext payment −$0.51 per $10,000 · paid last 24h −0.095%
Price spread now: Injective against Coinbase International−4.531%64s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$12 a day on $10k at the current rate, and Injective is 4.531% cheaper against Coinbase International than usual: you would sell low and buy high (−$453 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 64 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 | Coinbase International JTO-PERP-INTX | 0.5209 | 0.0440 | pay 0.0055% / 1h | 37m 49s | $59K | $136K | 25x |
| Short | Injective JTO/USDC PERP | 0.4973 | 0.0033 | get 0.0004% / 1h | 37m 49s | $31 | $43K | 5.5x |
Coinbase International JTO-PERP-INTX
Injective JTO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$85.4
- Price spread: −4.531% → 0.000%
- −$453.06
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$548.48
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 10 min ago; Injective: 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, 10 min ago | 18.39 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.0336% | 1h | 0.5119 | −1.728% | $3K | $20K | 10x | as long as short |
| Gate JTO_USDT | −0.0301% | 8h | 0.5124 | −1.632% | $886K | $1.0M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0033% | 4h | 0.5126 | −1.593% | $3.8M | $9.5M | 50x | as long as short |
| Bybit JTOUSDT | −0.0003% | 4h | 0.5127 | −1.574% | $7.0M | $14.1M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5132 | −1.475% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +6.347% | — | — | — | as long as short |
| Injective JTO/USDC PERPshort | +0.0033% | 1h | 0.4973 | −4.531% | $31 | $43K | 5.5x | |
| Paradex JTO-USD-PERP | +0.0090% | 8h | 0.5126 | −1.602% | $491 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5132 | −1.480% | $114K | $229K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5138 | −1.357% | $7.0M | $3.0M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Bybit JTOUSDT
dYdX JTO-USD
Reya JTORUSDPERP
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 | 0.5129 | −1.545% | $122K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5126 | −1.587% | $11.1M | $27.8M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5125 | −1.613% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5129 | −1.536% | $6.0M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5128 | −1.559% | $1.5M | $608K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5131 | −1.497% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5130 | −1.517% | — | $8.8M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5107 | −1.965% | $219K | $242K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5119 | −1.728% | $3K | $652 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5122 | −1.663% | $515K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5120 | −1.712% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5100 | −2.093% | $613K | $530K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0361% | 1h | 0.5131 | −1.503% | $267K | $310K | 10x | as long as short |
| Coinbase International JTO-PERP-INTXlong | +0.0440% | 1h | 0.5209 | long leg | $59K | $136K | 25x | |
| Phoenix JTO | +0.0464% | 1h | 0.5140 | −1.325% | $379K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0483% | 1h | 0.5124 | −1.626% | $331K | $313K | 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
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Backpack JTO_USDC_PERP
Phoenix JTO
Kraken Futures PF_JTOUSD