Funding you earn now, next payment 06:00 UTC+0.0449%/8h= +49.2% APRnext payment +$0.56 per $10,000 · paid last 24h +0.084%
Price spread now: Kraken Futures against Injective+3.149%63s7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Kraken Futures is 3.149% dearer against Injective than usual: you sell high and buy low: +$315 more if the spread goes back to zero (this spread has no 7-day history yet). 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 | 35m 42s | $31 | $43K | 5.5x |
| Short | Kraken Futures PF_JTOUSD | 0.5130 | 0.0483 | get 0.0060% / 1h | 35m 42s | $331K | $313K | 25x |
Injective JTO/USDC PERP
Kraken Futures PF_JTOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $94.36
- Price spread: +3.149% → 0.000%
- $314.88
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $399.22
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 12 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 Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 12 min ago | 26.13 bp | 51.2 bp −$51 | 263.0 bp −$2,630 | doesn't fit | doesn't fit |
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 | −0.0530% | 1h | 0.5121 | +2.976% | $3K | $20K | 10x | as long as short |
| Gate JTO_USDT | −0.0290% | 8h | 0.5124 | +3.036% | $886K | $1.0M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0025% | 4h | 0.5126 | +3.077% | $3.8M | $9.5M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5128 | +3.120% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +11.393% | — | — | — | as long as short |
| Injective JTO/USDC PERPlong | +0.0033% | 1h | 0.4973 | long leg | $31 | $43K | 5.5x | |
| Bybit JTOUSDT | +0.0035% | 4h | 0.5127 | +3.097% | $7.0M | $14.1M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0091% | 8h | 0.5126 | +3.084% | $491 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5130 | +3.151% | $114K | $229K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5133 | +3.212% | $7.0M | $3.0M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Bybit JTOUSDT
Paradex JTO-USD-PERP
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 | 0.5126 | +3.068% | $122K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5123 | +3.014% | $11.1M | $27.9M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5125 | +3.057% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5125 | +3.057% | $6.0M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5124 | +3.030% | $1.5M | $609K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5127 | +3.097% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5124 | +3.036% | — | $8.8M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5121 | +2.970% | $219K | $242K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5122 | +2.996% | $3K | $652 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5126 | +3.070% | $515K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5124 | +3.028% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0307% | 1h | 0.5128 | +3.109% | $267K | $310K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5130 | +3.157% | $615K | $533K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5209 | +4.746% | $59K | $136K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5140 | +3.358% | $379K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSDshort | +0.0483% | 1h | 0.5130 | +3.149% | $331K | $313K | 25x |
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO