Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Orderly against Injective+3.941%58s7-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 +$2 a day on $10k at the current rate, and Orderly is 3.941% dearer against Injective than usual: you sell high and buy low: +$394 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 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 | 39m 53s | $31 | $43K | 5.5x |
| Short | Orderly PERP_JTO_USDC_mythos | 0.5169 | 0.0100 | get 0.0050% / 4h | 3h 39m | $4K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $14
- Price spread: +3.941% → 0.000%
- $394.13
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $402.11
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
Injective and Orderly: 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 | −0.0523% | 1h | 0.5170 | +3.961% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0483% | 8h | 0.5159 | +3.740% | $913K | $1.2M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0073% | 4h | 0.5164 | +3.841% | $3.9M | $9.5M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0009% | 8h | 0.5172 | +3.993% | $516 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5175 | +4.062% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +11.388% | — | — | — | as long as short |
| Injective JTO/USDC PERPlong | +0.0033% | 1h | 0.4973 | long leg | $31 | $43K | 5.5x | |
| Bybit JTOUSDT | +0.0058% | 4h | 0.5165 | +3.861% | $7.5M | $13.6M | 50x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5165 | +3.855% | $101K | $187K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5172 | +4.004% | $7.1M | $3.0M | 5x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5167 | +3.892% | $173K | $177K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5161 | +3.780% | $11.3M | $28.0M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5140 | +3.351% | $56K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5161 | +3.780% | $7.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5171 | +3.973% | $1.6M | $599K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5166 | +3.881% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5160 | +3.760% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5173 | +4.016% | $226K | $302K | — | as long as short |
| Orderly PERP_JTO_USDC_mythosshort | +0.0100% | 4h | 0.5169 | +3.941% | $4K | $2K | 10x | |
| Extended JTO-USD | +0.0104% | 1h | 0.5158 | +3.721% | $527K | $1.6M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5174 | +4.040% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0247% | 1h | 0.5173 | +4.024% | $349K | $312K | 25x | as long as short |
| Phoenix JTO | +0.0312% | 1h | 0.5189 | +4.343% | $373K | $262K | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5167 | +3.901% | $66K | $123K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5169 | +3.941% | $622K | $605K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0612% | 1h | 0.5171 | +3.986% | $225K | $463K | 10x | as long as short |
Injective JTO/USDC PERP
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Bybit JTOUSDT
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Kraken Futures PF_JTOUSD
Phoenix JTO
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Backpack JTO_USDC_PERP