Funding arb · Price arb /

JTO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0137%/8h= −15.0% APRpaid last 24h −0.029%

Price spread now: Paradex against Extended+0.034%7-day average — · you sell dearer than you buy

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

Long on Extended Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Paradex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.034% dearer against Extended than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended JTO-USD	0.5017	0.0104	pay 0.0013% / 1h	10m 44s	$518K	$3.5M	10x
Short	Paradex JTO-USD-PERP	0.5019	−0.0033	pay 0.0033% / 8h	4h 10m	$481	$10	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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

Position, each leg$Hold fordaysFee ExtendedbpFee ParadexbpOrdersPrice spread, now +0.034%Rate

Funding earned: −$28.86
Price spread: +0.034% → 0.000%: $3.43
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$34.43
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 1 min ago; Paradex: 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, 1 min ago	2.59 bp	18.8 bp −$19	177.7 bp −$1,777	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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_JTOUSD	−0.1182%	1h	0.5020	+0.046%	$314K	$388K	25x	as long as short
Deribit JTO_USDC-PERPETUAL	−0.0745%	1h	0.5018	+0.016%	$22K	$41K	10x	as long as short
Bybit JTOUSDT	−0.0041%	4h	0.5020	+0.056%	$6.4M	$12.4M	50x	as long as short
Paradex JTO-USD-PERPshort	−0.0033%	8h	0.5019	+0.034%	$481	$10	5x
OKX JTO-USDT-SWAP	−0.0002%	4h	0.5017	−0.004%	$3.7M	$8.9M	50x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5025	+0.155%	$3K	$5K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5539	+10.408%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.5030	+0.255%	$2K	$2K	5.5x	as long as short
Lighter JTO	+0.0096%	1h	0.5028	+0.207%	$118K	$211K	10x	as long as short
Hyperliquid JTO	+0.0100%	1h	0.5030	+0.264%	$6.8M	$2.8M	5x	as long as short

Show all 26 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster JTOUSDT	+0.0100%	4h	0.5025	+0.149%	$116K	$206K	10x	as long as short
Binance JTOUSDT	+0.0100%	4h	0.5019	+0.029%	$10.3M	$24.7M	75x	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5036	+0.375%	$54K	$1K	10x	as long as short
Gate JTO_USDT	+0.0100%	8h	0.5023	+0.115%	$880K	$757K	75x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5019	+0.036%	$6.1M	$2.8M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5027	+0.191%	$1.3M	$555K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5022	+0.096%	$2.2M	$2.2M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5020	+0.056%	—	$8.3M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5034	+0.336%	$219K	$189K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5020	+0.056%	$4K	$1K	10x	as long as short
Extended JTO-USDlong	+0.0104%	1h	0.5017	long leg	$518K	$3.5M	10x
GMX JTO/USD [WBTC.b-USDC]	L +0.0223% / S −0.2181%	1h	0.5022	+0.101%	$2K	—	50x	as long as short
Backpack JTO_USDC_PERP	+0.0253%	1h	0.5026	+0.171%	$218K	$347K	10x	as long as short
Phoenix JTO	+0.0319%	1h	0.5047	+0.594%	$355K	$118K	5x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5019	+0.036%	$561K	$514K	75x	as long as short
Coinbase International JTO-PERP-INTX	+0.0472%	1h	0.5052	+0.693%	$54K	$102K	25x	as long as short