Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3391 | +0.0485 | pay 0.0061% / 1h | 17m 59s | $201K | $25K | 25x | Long Kraken Futures | |
| SHORT | 0.3380 | +0.0100 | get 0.0050% / 4h | 17m 59s | $156K | $42K | 50x | Short Variational Omni+15% pts |
Price gap−0.324%
Funding gap−0.0385% /8h
Both sides work against this direction now: funding costs $12 a day on $10k and the gap is 0.231% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$11−0.0385% /8h now · paid −0.111% over the last 7D
Price−$23spread −0.324% now, avg −0.094% → −0.231% if it goes back
Costs−$2482.477% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.111% in total, about −0.0053%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.324%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hJTO on 24 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size60.2 / 66.9 bpAt $10k entering Variational Omni costs 66.9 bp, fee and slippage, 1.1× Kraken Futures’s.
- Note: Margin at max leverage$400 + $200Kraken Futures 25x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$11.56Long Kraken Futures: 24 payments, −$14.56; short Variational Omni: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.324% vs −0.094%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$156K vs $201K OIVariational Omni sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- Watch: KYCKraken Futures Yes · Variational Omni NoFull verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0053%/8h × 21 periods−$11.10
Price spread−0.324% → −0.094% (7d avg)−$23.08
Slippage, 4 orderslive order books−$237.66
Fee Kraken Futures bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$281.84
Costs to cover2.477%Break-evennever at this rate
Slippage: Kraken Futures: live order book, 25 min ago; Variational Omni: RFQ quote, 26 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKraken Futures22.3060.2 bp−$60doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTVariational Omni5.9566.9 bp−$67122.0 bp−$1,220doesn’t fitdoesn’t fit
Closing costs about the same again.
JTO news
posts that mention JTO, from every exchange| 11-09 04:56 | Binance | Other | Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: Newly Re-enabled Networks for Alpha: ✅ BSC ✅ ETH ✅ BASE ✅ ARBITRUM Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME ✅ HYPE ✅ APT We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗ |
| 11-08 08:52 | Binance | Other | Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ HYPE ✅ APT Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗ |
| 11-03 07:08 | Binance | Other | Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗ |
| 09-28 15:16 | Phoenix | Contest | It’s Solana Ecosystem week on Frontier Traders. Trade SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, and FARTCOIN perpetuals on Phoenix to compete for a $25,000 prize pool across Volume and PnL leaderboards. @PhoenixTrade on X ↗ |
| 09-25 14:48 | Phoenix | Contest | $SOL went up, and so did the rewards. Earn an additional $25k in rewards for trading @solana ecosystem tokens on Phoenix this week, courtesy of @joinfrontier SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, FART @PhoenixTrade on X ↗ |
| 09-18 10:04 | Deribit | Listing | 🚨 Now live on Deribit: MORPHO · AERO · BASED1 · S · EIGEN · JTO · NIGHT · AVNT · STRK · COMP · ALT · DYDX · OPN · TOWNS · PYTH · RUNE · RESOLV · ATOM USDC-settled perpetuals. ↓ @DeribitOfficial on X ↗ |


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