JTO

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0167%/8h= +18.3% APRnext payment +$0.21 per $10,000 · paid last 24h +0.005%

Price spread now: Phoenix against Coinbase International−0.289%7-day average −0.211% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 3 days (all we have)+0.368%+$37 · spread now −0.289%, 7d avg −0.211%

Together, before fees+0.329%+$33 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phoenix is 0.078% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.289% now, against its 7-day average of −0.211%). If the spread goes back, that is −$8 on $10k: about 37 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International JTO-PERP-INTX	0.5190	0.0296	pay 0.0037% / 1h	55m 00s	$57K	$126K	25x
Short	Phoenix JTO	0.5175	0.0463	get 0.0058% / 1h	55m 00s	$372K	$266K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee PhoenixbpOrdersPrice spread, now −0.289%Rate

Funding earned: $35.04
Price spread: −0.289% → −0.211%: −$7.81
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $10.24
Costs to cover: 0.170%
Break-even: 5.0 days

Slippage unknown: Coinbase International: live order book, 23 min ago; Phoenix: live order book, 21 min ago. 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, 23 min ago	17.59 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Phoenix live order book, 21 min ago	1.95 bp	21.0 bp −$21	60.0 bp −$600	doesn't fit	doesn't fit

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	−0.0521%	1h	0.5182	−0.154%	$13K	$11K	10x	as long as short
Gate JTO_USDT	−0.0140%	8h	0.5184	−0.116%	$934K	$1.4M	75x	as long as short
OKX JTO-USDT-SWAP	−0.0059%	4h	0.5182	−0.154%	$3.9M	$9.7M	50x	as long as short
Paradex JTO-USD-PERP	−0.0046%	8h	0.5181	−0.165%	$517	—	5x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5188	−0.035%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5539	+6.730%	—	—	—	as long as short
Bulk JTO-USD	+0.0024%	1h	0.5153	−0.707%	$56K	$1K	10x	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−4.181%	$31	$43K	5.5x	as long as short
Lighter JTO	+0.0096%	1h	0.5189	−0.015%	$103K	$176K	10x	as long as short
Hyperliquid JTO	+0.0100%	1h	0.5192	+0.029%	$7.3M	$3.1M	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	0.5188	−0.042%	$174K	$176K	10x	as long as short
Binance JTOUSDT	+0.0100%	4h	0.5184	−0.116%	$11.6M	$28.0M	75x	as long as short
Bybit JTOUSDT	+0.0100%	4h	0.5188	−0.039%	$7.4M	$13.8M	50x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5182	−0.154%	$7.2M	$3.6M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5186	−0.077%	$1.6M	$641K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5185	−0.096%	$2.5M	$2.4M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5184	−0.116%	—	$66.2M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5184	−0.119%	$183K	$258K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5183	−0.135%	$4K	$2K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5180	−0.193%	$526K	$854K	10x	as long as short
Kraken Futures PF_JTOUSD	+0.0223%	1h	0.5188	−0.031%	$352K	$312K	25x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5185	−0.100%	$2K	—	50x	as long as short
Coinbase International JTO-PERP-INTXlong	+0.0296%	1h	0.5190	long leg	$57K	$126K	25x
BloFin JTO-USDT	+0.0340%	4h	0.5179	−0.212%	$630K	$629K	75x	as long as short
Backpack JTO_USDC_PERP	+0.0413%	1h	0.5188	−0.035%	$227K	$483K	10x	as long as short
Phoenix JTOshort	+0.0463%	1h	0.5175	−0.289%	$372K	$266K	5x