Funding arb · Price arb /

JTO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.018%

Price spread now: OKX against dYdX+0.033%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread pays, funding is against you. OKX is 0.033% dearer against dYdX than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 39 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX JTO-USD	0.5126	0	get 0.0000% / 1h	28m 51s	$4K	$4K	5x
Short	OKX JTO-USDT-SWAP	0.5128	−0.0067	pay 0.0034% / 4h	1h 28m	$3.9M	$9.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against dYdX. 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 dYdXbpFee OKXbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$14.08
Price spread: +0.033% → 0.000%: $3.25
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$30.83
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago	0.98 bp	15.2 bp −$15	49.9 bp −$499	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 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	−0.0335%	1h	0.5122	−0.085%	$13K	$11K	10x	as long as short
Gate JTO_USDT	−0.0161%	8h	0.5122	−0.085%	$926K	$1.5M	75x	as long as short
OKX JTO-USDT-SWAPshort	−0.0067%	4h	0.5128	+0.033%	$3.9M	$9.9M	50x
dYdX JTO-USDlong	0.0000%	1h	0.5126	long leg	$4K	$4K	5x
Reya JTORUSDPERP	0.0000%	1h	0.5539	+8.056%	—	—	—	as long as short
Paradex JTO-USD-PERP	+0.0022%	8h	0.5114	−0.240%	$510	—	5x	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−2.991%	$31	$43K	5.5x	as long as short
Lighter JTO	+0.0096%	1h	0.5135	+0.161%	$97K	$175K	10x	as long as short
Hyperliquid JTO	+0.0100%	1h	0.5138	+0.218%	$7.2M	$3.1M	5x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5130	+0.075%	$172K	$176K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance JTOUSDT	+0.0100%	4h	0.5128	+0.025%	$11.5M	$28.1M	75x	as long as short
Bybit JTOUSDT	+0.0100%	4h	0.5128	+0.033%	$7.3M	$13.8M	50x	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5132	+0.110%	$56K	$1K	10x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5126	−0.007%	$7.2M	$3.7M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5130	+0.062%	$1.6M	$644K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5129	+0.052%	$2.5M	$2.4M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5127	+0.013%	—	$63.9M	—	as long as short
Backpack JTO_USDC_PERP	+0.0100%	1h	0.5131	+0.081%	$225K	$505K	10x	as long as short
Variational Omni JTO	+0.0100%	4h	0.5134	+0.147%	$181K	$259K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5122	−0.085%	$4K	$2K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5124	−0.046%	$518K	$854K	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0223% / S −0.2181%	1h	0.5124	−0.048%	$2K	—	50x	as long as short
Coinbase International JTO-PERP-INTX	+0.0304%	1h	0.5192	+1.281%	$57K	$125K	25x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5118	−0.163%	$638K	$571K	75x	as long as short
Phoenix JTO	+0.0463%	1h	0.5124	−0.046%	$369K	$267K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0519%	1h	0.5129	+0.061%	$348K	$313K	25x	as long as short