Funding you earn now, next payment 23:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.021%
Price spread now: Injective against Extended−2.966%60s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 2.966% cheaper against Extended than usual: you would sell low and buy high (−$297 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended JTO-USD | 0.5125 | 0.0104 | pay 0.0013% / 1h | 22m 11s | $518K | $854K | 10x |
| Short | Injective JTO/USDC PERP | 0.4973 | 0.0033 | get 0.0004% / 1h | 22m 11s | $31 | $43K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Extended. 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
- −$14.84
- Price spread: −2.966% → 0.000%
- −$296.59
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$316.45
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 61 min ago; Injective: no order-book sample. 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 Extended live order book, 61 min ago | 3.97 bp | 18.4 bp −$18 | 158.1 bp −$1,581 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.0529% | 1h | 0.5128 | +0.059% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0160% | 8h | 0.5123 | −0.039% | $922K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0055% | 4h | 0.5125 | 0.000% | $3.9M | $9.9M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0016% | 8h | 0.5122 | −0.061% | $511 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5126 | +0.027% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.085% | — | — | — | as long as short |
| Injective JTO/USDC PERPshort | +0.0033% | 1h | 0.4973 | −2.966% | $31 | $43K | 5.5x | |
| Lighter JTO | +0.0096% | 1h | 0.5131 | +0.111% | $97K | $175K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5135 | +0.195% | $7.2M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5128 | +0.052% | $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 | 0.5126 | +0.020% | $11.5M | $28.1M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5129 | +0.078% | $7.3M | $13.8M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5132 | +0.136% | $56K | $1K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5127 | +0.039% | $7.2M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5131 | +0.125% | $1.6M | $643K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5127 | +0.039% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5127 | +0.039% | — | $63.8M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5129 | +0.076% | $225K | $503K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5127 | +0.036% | $181K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5128 | +0.059% | $4K | $2K | 10x | as long as short |
| Extended JTO-USDlong | +0.0104% | 1h | 0.5125 | long leg | $518K | $854K | 10x | |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5131 | +0.113% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0304% | 1h | 0.5131 | +0.117% | $56K | $124K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5118 | −0.137% | $635K | $571K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5132 | +0.137% | $369K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0519% | 1h | 0.5132 | +0.135% | $348K | $313K | 25x | as long as short |
Extended JTO-USD
Injective JTO/USDC PERP
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD