Funding you earn now, next payment 06:00 UTC+0.0799%/8h= +87.5% APRnext payment +$1.00 per $10,000 · paid last 24h +0.228%
Price spread now: Coinbase International against Deribit+0.593%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$24 a day on $10k at the current rate, and Coinbase International is 0.593% dearer against Deribit than usual: you sell high and buy low: +$59 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit JTO_USDC-PERPETUAL | 0.5059 | −0.0343 | get 0.0043% / 1h | 37m 07s | $12K | $30K | 10x |
| Short | Coinbase International JTO-PERP-INTX | 0.5089 | 0.0456 | get 0.0057% / 1h | 37m 07s | $59K | $136K | 25x |
Deribit JTO_USDC-PERPETUAL
Coinbase International JTO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Deribit. 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
- $167.72
- Price spread: +0.593% → 0.000%
- $59.3
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $210.02
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 6 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 6 min ago | 23.64 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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-PERPETUALlong | −0.0343% | 1h | 0.5059 | long leg | $12K | $30K | 10x | |
| Gate JTO_USDT | −0.0156% | 8h | 0.5056 | −0.059% | $888K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5059 | 0.000% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +9.498% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −1.700% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0084% | 8h | 0.5059 | −0.004% | $485 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5066 | +0.132% | $113K | $240K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5064 | +0.099% | $6.9M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5063 | +0.084% | $118K | $230K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5059 | +0.002% | $10.8M | $28.7M | 75x | as long as short |
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | +0.0100% | 4h | 0.5053 | −0.119% | $6.8M | $14.3M | 50x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5051 | −0.158% | $3.8M | $9.7M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5077 | +0.356% | $55K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5058 | −0.020% | $5.9M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5062 | +0.057% | $1.5M | $620K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5058 | −0.020% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5053 | −0.119% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5079 | +0.388% | $218K | $240K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5059 | 0.000% | $4K | $918 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5057 | −0.033% | $509K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5061 | +0.047% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0257% | 1h | 0.5066 | +0.138% | $265K | $304K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5056 | −0.059% | $591K | $533K | 75x | as long as short |
| Coinbase International JTO-PERP-INTXshort | +0.0456% | 1h | 0.5089 | +0.593% | $59K | $136K | 25x | |
| Phoenix JTO | +0.0467% | 1h | 0.5085 | +0.514% | $375K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0852% | 1h | 0.5066 | +0.130% | $339K | $355K | 25x | as long as short |
Bybit JTOUSDT
OKX JTO-USDT-SWAP
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]
Backpack JTO_USDC_PERP
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD