Funding you earn now, next payment 12:00 UTC−0.1192%/8h= −130.5% APRnext payment −$1.49 per $10,000 · paid last 24h +0.119%
Price spread now: Kraken Futures against dYdX−0.190%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 −$36 a day on $10k at the current rate, and Kraken Futures is 0.190% cheaper against dYdX than usual: you would sell low and buy high (−$19 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 | dYdX JTO-USD | 0.4986 | 0 | get 0.0000% / 1h | 48m 53s | $3K | $5K | 5x |
| Short | Kraken Futures PF_JTOUSD | 0.4976 | −0.1192 | pay 0.0149% / 1h | 48m 53s | $312K | $401K | 25x |
dYdX JTO-USD
Kraken Futures PF_JTOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- −$250.32
- Price spread: −0.190% → 0.000%
- −$19
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$289.31
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 57 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 57 min ago | 19.84 bp | 35.3 bp −$35 | 134.2 bp −$1,342 | doesn't fit | doesn't fit |
dYdX: 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_JTOUSDshort | −0.1192% | 1h | 0.4976 | −0.190% | $312K | $401K | 25x | |
| Deribit JTO_USDC-PERPETUAL | −0.0353% | 1h | 0.4974 | −0.234% | $22K | $40K | 10x | as long as short |
| Bybit JTOUSDT | −0.0189% | 4h | 0.4988 | +0.047% | $6.3M | $12.9M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0083% | 8h | 0.4983 | −0.057% | $477 | $10 | 5x | as long as short |
| OKX JTO-USDT-SWAP | −0.0002% | 4h | 0.4986 | +0.007% | $3.7M | $9.0M | 50x | as long as short |
| dYdX JTO-USDlong | 0.0000% | 1h | 0.4986 | long leg | $3K | $5K | 5x | |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +11.106% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −0.254% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.4983 | −0.053% | $111K | $206K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.4990 | +0.081% | $6.7M | $2.8M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Bybit JTOUSDT
Paradex JTO-USD-PERP
OKX JTO-USDT-SWAP
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 | 0.4989 | +0.058% | $115K | $206K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.4985 | −0.013% | $10.3M | $25.5M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5009 | +0.463% | $54K | $1K | 10x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.4986 | +0.007% | $873K | $754K | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.4984 | −0.033% | $6.0M | $2.8M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.4987 | +0.033% | $1.3M | $584K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.4984 | −0.033% | $2.2M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.4986 | +0.007% | — | $8.3M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.4984 | −0.041% | $222K | $355K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.4982 | −0.080% | $217K | $190K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.4972 | −0.274% | $4K | $1K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.4981 | −0.087% | $512K | $3.5M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.4980 | −0.113% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0319% | 1h | 0.5008 | +0.448% | $353K | $118K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.4980 | −0.113% | $561K | $511K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0472% | 1h | 0.4997 | +0.228% | $53K | $105K | 25x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
Gate JTO_USDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Phoenix JTO
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX