Funding you earn now, next payment 22:00 UTC−0.0117%/8h= −12.8% APRpaid last 24h +0.008%
Price spread now: OKX against Injective+4.042%108s7-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
The price spread pays, funding is against you. OKX is 4.042% dearer against Injective than usual: you sell high and buy low (spread +4.042% now, against zero (this spread has no 7-day history yet)): +$404 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4 months. The two prices were read 108 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 | 25m 39s | $31 | $43K | 5.5x |
| Short | OKX JTO-USDT-SWAP | 0.5174 | −0.0084 | pay 0.0042% / 4h | 2h 25m | $3.9M | $9.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$24.58
- Price spread: +4.042% → 0.000%
- $404.18
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $369.58
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago | 0.97 bp | 15.7 bp −$16 | 54.6 bp −$546 | 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 | −0.0522% | 1h | 0.5176 | +4.082% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0162% | 8h | 0.5171 | +3.982% | $937K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAPshort | −0.0084% | 4h | 0.5174 | +4.042% | $3.9M | $9.9M | 50x | |
| dYdX JTO-USD | 0.0000% | 1h | 0.5177 | +4.098% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +11.390% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0006% | 8h | 0.5172 | +4.002% | $516 | — | 5x | as long as short |
| Injective JTO/USDC PERPlong | +0.0033% | 1h | 0.4973 | long leg | $31 | $43K | 5.5x | |
| Lighter JTO | +0.0096% | 1h | 0.5178 | +4.112% | $100K | $184K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5178 | +4.114% | $174K | $175K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5175 | +4.062% | $11.6M | $27.9M | 75x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | +0.0100% | 4h | 0.5178 | +4.122% | $7.5M | $13.6M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5165 | +3.861% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5172 | +4.002% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5178 | +4.126% | $1.5M | $571K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5174 | +4.042% | $2.6M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5173 | +4.022% | — | $63.5M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5179 | +4.138% | $183K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5176 | +4.082% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5171 | +3.991% | $523K | $854K | 10x | as long as short |
| Hyperliquid JTO | +0.0104% | 1h | 0.5182 | +4.213% | $7.3M | $3.2M | 5x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5178 | +4.119% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0242% | 1h | 0.5181 | +4.173% | $264K | $503K | 10x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5186 | +4.283% | $57K | $126K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5166 | +3.881% | $640K | $576K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5177 | +4.102% | $372K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0607% | 1h | 0.5180 | +4.165% | $353K | $312K | 25x | as long as short |
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Paradex JTO-USD-PERP
Lighter JTO
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
Hyperliquid JTO
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD