Funding you earn now, next payment 03:00 UTC−0.0571%/8h= −62.6% APRnext payment −$0.71 per $10,000 · paid last 24h −0.055%
Price spread now: Extended against Kraken Futures−0.075%7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1181.179% of the position
Funding, last 7 days−0.432%−$43 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.075%, 7d avg −0.164%
=Together, before fees−0.323%+ Points / potential airdropExtended: Active · farm board−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.089% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.075% now, against its 7-day average of −0.164%): +$9 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.432% in total) that is about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_JTOUSD | 0.5159 | 0.0675 | pay 0.0084% / 1h | 32m 26s | $347K | $306K | 25x |
| Short | Extended JTO-USD | 0.5156 | 0.0104 | get 0.0013% / 1h | 32m 26s | $520K | $1.7M | 10x |
Kraken Futures PF_JTOUSD
Extended JTO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Kraken Futures. 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
- −$119.98
- Price spread: −0.075% → −0.164%
- $8.95
- Slippage, 4 orders
- −$102.93
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$228.96
- Costs to cover
- 1.179%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 30 min ago; Extended: live order book, 1 min ago.
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 Kraken Futures live order book, 30 min ago | 23.24 bp | 31.7 bp −$32 | 705.8 bp −$7,058 | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 3.01 bp | 17.3 bp −$17 | 137.7 bp −$1,377 | doesn't fit | doesn't fit |
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 | −0.0332% | 1h | 0.5154 | −0.105% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0329% | 8h | 0.5152 | −0.143% | $898K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5157 | −0.046% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.369% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.613% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0081% | 8h | 0.5155 | −0.078% | $515 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5154 | −0.105% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5163 | +0.064% | $118K | $228K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5163 | +0.062% | $7.1M | $3.3M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5157 | −0.055% | $127K | $219K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Hyperliquid JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5157 | −0.046% | $11.3M | $27.2M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5158 | −0.027% | $7.3M | $13.8M | 50x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5152 | −0.143% | $3.9M | $9.3M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5147 | −0.240% | $56K | $15K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5153 | −0.124% | $6.7M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5161 | +0.033% | $1.6M | $587K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5157 | −0.046% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5157 | −0.046% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5161 | +0.041% | $269K | $330K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5148 | −0.211% | $223K | $288K | — | as long as short |
| Extended JTO-USDshort | +0.0104% | 1h | 0.5156 | −0.075% | $520K | $1.7M | 10x | |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5153 | −0.120% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0336% | 1h | 0.5161 | +0.031% | $59K | $135K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5151 | −0.163% | $619K | $516K | 75x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5161 | +0.031% | $381K | $110K | 5x | as long as short |
| Kraken Futures PF_JTOUSDlong | +0.0675% | 1h | 0.5159 | long leg | $347K | $306K | 25x |
Binance JTOUSDT
Bybit JTOUSDT
OKX JTO-USDT-SWAP
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO