Settings8H · net · $10k
Funding arb · Price arb /

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0200%/8h= +21.9% APRnext payment +$0.25 per $10,000 · paid last 24h +0.077%
Price spread now: Coinbase International against Extended+0.097%7-day average +0.415% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$850.855% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.405%+$40 on $10k
Price spread, last 3 days (all we have)+0.174%+$17 · spread now +0.097%, 7d avg +0.415%
Together, before fees+0.579%+ Points / potential airdropExtended: Active · farm board+$58 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.318% cheaper against Extended than usual: you would sell low and buy high (spread +0.097% now, against its 7-day average of +0.415%). If the spread goes back, that is −$32 on $10k: about 5.3 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended JTO-USD0.51260.0104pay 0.0013% / 1h21m 45s$518K$854K10x
ShortCoinbase International JTO-PERP-INTX0.51310.0304get 0.0038% / 1h21m 45s$56K$124K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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

Funding earned
$42
Price spread: +0.097% → +0.415%
−$31.82
Slippage, 4 orders
−$70.47
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$75.28
Costs to cover
0.855%
Break-even
19.5 days
Slippage from Extended: live order book, 61 min ago; Coinbase International: live order book, 61 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 61 min ago3.97 bp18.4 bp −$18158.1 bp −$1,581doesn't fitdoesn't fit
Sell Coinbase International live order book, 61 min ago16.41 bp21.4 bp −$21doesn't fitdoesn't fitdoesn't fit

JTO on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit JTO_USDC-PERPETUAL−0.0529%1h0.5128+0.038%$13K$11K10xas long as short
Gate JTO_USDT−0.0160%8h0.5124−0.040%$922K$1.5M75xas long as short
OKX JTO-USDT-SWAP−0.0055%4h0.5123−0.059%$3.9M$9.9M50xas long as short
Paradex JTO-USD-PERP−0.0017%8h0.5123−0.060%$5115xas long as short
dYdX JTO-USD0.0000%1h0.5131+0.097%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5539+8.063%as long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−2.986%$31$43K5.5xas long as short
Lighter JTO+0.0096%1h0.5132+0.120%$97K$175K10xas long as short
Hyperliquid JTO+0.0100%1h0.5135+0.173%$7.2M$3.1M5xas long as short
Aster JTOUSDT+0.0100%4h0.5129+0.056%$172K$176K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance JTOUSDT+0.0100%4h0.5126−0.004%$11.5M$28.1M75xas long as short
Bybit JTOUSDT+0.0100%4h0.5127+0.019%$7.3M$13.8M50xas long as short
Bulk JTO-USD+0.0100%1h0.5132+0.116%$56K$1K10xas long as short
MEXC JTO_USDT+0.0100%4h0.5127+0.019%$7.2M$3.7M50xas long as short
KuCoin JTOUSDTM+0.0100%4h0.5132+0.126%$1.6M$643K20xas long as short
Bitget JTOUSDT+0.0100%4h0.5128+0.038%$2.5M$2.4M50xas long as short
BingX JTO-USDT+0.0100%4h0.5125−0.020%$63.8Mas long as short
Backpack JTO_USDC_PERP+0.0100%1h0.5134+0.155%$225K$503K10xas long as short
Variational Omni JTO+0.0100%4h0.5127+0.016%$181K$259Kas long as short
Orderly PERP_JTO_USDC_mythos+0.0100%4h0.5128+0.038%$4K$2K10xas long as short
Extended JTO-USDlong+0.0104%1h0.5126long leg$518K$854K10x
GMX JTO/USD [WBTC.b-USDC]L +0.0223% / S −0.2181%1h0.5131+0.092%$2K50xas long as short
Coinbase International JTO-PERP-INTXshort+0.0304%1h0.5131+0.097%$56K$124K25x
BloFin JTO-USDT+0.0340%4h0.5118−0.157%$635K$571K75xas long as short
Phoenix JTO+0.0463%1h0.5132+0.116%$369K$267K5xas long as short
Kraken Futures PF_JTOUSD+0.0519%1h0.5132+0.115%$348K$313K25xas long as short