Funding you earn now, next payment 11:00 UTC−0.0505%/8h= −55.3% APRpaid last 24h −0.109%
Price spread now: Paradex against Coinbase International−0.655%7-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
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Paradex is 0.655% cheaper against Coinbase International than usual: you would sell low and buy high (−$65 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 | 0.5052 | 0.0472 | pay 0.0059% / 1h | 10m 44s | $54K | $102K | 25x |
| Short | Paradex JTO-USD-PERP | 0.5019 | −0.0033 | pay 0.0033% / 8h | 4h 10m | $481 | $10 | 5x |
Coinbase International JTO-PERP-INTX
Paradex JTO-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$106.14
- Price spread: −0.655% → 0.000%
- −$65.47
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$185.61
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 30 min ago; Paradex: 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, 30 min ago | 16.88 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_JTOUSD | −0.1182% | 1h | 0.5020 | −0.643% | $314K | $388K | 25x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0745% | 1h | 0.5018 | −0.673% | $22K | $41K | 10x | as long as short |
| Bybit JTOUSDT | −0.0041% | 4h | 0.5020 | −0.633% | $6.4M | $12.4M | 50x | as long as short |
| Paradex JTO-USD-PERPshort | −0.0033% | 8h | 0.5019 | −0.655% | $481 | $10 | 5x | |
| OKX JTO-USDT-SWAP | −0.0002% | 4h | 0.5017 | −0.693% | $3.7M | $8.9M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5025 | −0.534% | $3K | $5K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +9.648% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.5030 | −0.435% | $2K | $2K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5028 | −0.483% | $118K | $211K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5030 | −0.427% | $6.8M | $2.8M | 5x | as long as short |
Kraken Futures PF_JTOUSD
Deribit JTO_USDC-PERPETUAL
Bybit JTOUSDT
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Lighter JTO
Hyperliquid JTOShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5025 | −0.541% | $116K | $206K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5019 | −0.660% | $10.3M | $24.7M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5036 | −0.317% | $54K | $1K | 10x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.5023 | −0.574% | $880K | $757K | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5019 | −0.653% | $6.1M | $2.8M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5027 | −0.499% | $1.3M | $555K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5022 | −0.594% | $2.2M | $2.2M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5020 | −0.633% | — | $8.3M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5034 | −0.355% | $219K | $189K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5020 | −0.633% | $4K | $1K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5017 | −0.689% | $518K | $3.5M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5022 | −0.589% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0253% | 1h | 0.5026 | −0.519% | $218K | $347K | 10x | as long as short |
| Phoenix JTO | +0.0319% | 1h | 0.5047 | −0.099% | $355K | $118K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5019 | −0.653% | $561K | $514K | 75x | as long as short |
| Coinbase International JTO-PERP-INTXlong | +0.0472% | 1h | 0.5052 | long leg | $54K | $102K | 25x |
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
Gate JTO_USDT
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]
Backpack JTO_USDC_PERP
Phoenix JTO
BloFin JTO-USDT