Funding you earn now, next payment 23:00 UTC−0.0557%/8h= −61.0% APRnext payment −$0.70 per $10,000 · paid last 24h −0.118%
Price spread now: Deribit against Injective+3.821%63s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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. Deribit is 3.821% dearer against Injective than usual: you sell high and buy low (spread +3.821% now, against zero (this spread has no 7-day history yet)): +$382 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 23 days. The two prices were read 63 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 | Injective JTO/USDC PERP | 0.4973 | 0.0033 | pay 0.0004% / 1h | 38m 04s | $31 | $43K | 5.5x |
| Short | Deribit JTO_USDC-PERPETUAL | 0.5163 | −0.0524 | pay 0.0066% / 1h | 38m 04s | $13K | $11K | 10x |
Injective JTO/USDC PERP
Deribit JTO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Injective. 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
- −$117.07
- Price spread: +3.821% → 0.000%
- $382.06
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $257.97
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Deribit: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Injective and Deribit: 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-PERPETUALshort | −0.0524% | 1h | 0.5163 | +3.821% | $13K | $11K | 10x | |
| Gate JTO_USDT | −0.0162% | 8h | 0.5161 | +3.780% | $933K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0086% | 4h | 0.5156 | +3.680% | $3.9M | $9.9M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5168 | +3.925% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +11.388% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0023% | 8h | 0.5158 | +3.718% | $515 | — | 5x | as long as short |
| Injective JTO/USDC PERPlong | +0.0033% | 1h | 0.4973 | long leg | $31 | $43K | 5.5x | |
| Bulk JTO-USD | +0.0064% | 1h | 0.5180 | +4.167% | $56K | $1K | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5167 | +3.895% | $99K | $174K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5168 | +3.923% | $7.3M | $3.1M | 5x | as long as short |
Gate JTO_USDT
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Paradex JTO-USD-PERP
Bulk JTO-USD
Lighter JTO
Hyperliquid JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5164 | +3.847% | $173K | $176K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5158 | +3.720% | $11.6M | $27.9M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5163 | +3.821% | $7.4M | $13.7M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5160 | +3.760% | $7.2M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5168 | +3.923% | $1.6M | $641K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5162 | +3.801% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5161 | +3.780% | — | $63.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5184 | +4.241% | $184K | $258K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5161 | +3.780% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5161 | +3.781% | $523K | $854K | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0212% | 1h | 0.5166 | +3.873% | $227K | $508K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5166 | +3.875% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0304% | 1h | 0.5192 | +4.404% | $57K | $125K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5170 | +3.961% | $638K | $577K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5190 | +4.364% | $373K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0515% | 1h | 0.5169 | +3.951% | $352K | $312K | 25x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD