Funding you earn now, next payment 04:00 UTC−0.0628%/8h= −68.8% APRpaid last 24h −0.062%
Price spread now: Variational Omni against Kraken Futures−0.167%7-day average −0.075% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.304%−$30 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.167%, 7d avg −0.075%
=Together, before fees−0.240%+ Points / potential airdropVariational Omni: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Variational Omni is 0.093% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_JTOUSD | 0.5162 | 0.0728 | pay 0.0091% / 1h | 25m 59s | $337K | $313K | 25x |
| Short | Variational Omni JTO | 0.5154 | 0.0100 | get 0.0050% / 4h | 25m 59s | $223K | $267K | — |
Kraken Futures PF_JTOUSD
Variational Omni JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$131.98
- Price spread: −0.167% → −0.075%
- −$9.26
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$151.24
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 32 min ago; Variational Omni: RFQ quote, 33 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 Kraken Futures live order book, 32 min ago | 19.58 bp | 44.6 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 33 min ago | 4.90 bp | doesn't fit | 57.8 bp −$578 | 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 | −0.0525% | 1h | 0.5155 | −0.139% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0402% | 8h | 0.5159 | −0.062% | $897K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5159 | −0.062% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.308% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.665% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0075% | 4h | 0.5152 | −0.197% | $3.9M | $9.4M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0077% | 8h | 0.5157 | −0.104% | $515 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5156 | −0.120% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5159 | −0.071% | $118K | $226K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5164 | +0.043% | $7.0M | $3.1M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Orderly PERP_JTO_USDC_mythos
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 | 0.5157 | −0.097% | $126K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5156 | −0.111% | $11.3M | $27.4M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5158 | −0.081% | $7.2M | $14.0M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5126 | −0.700% | $56K | $17K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5156 | −0.120% | $6.3M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5158 | −0.079% | $1.5M | $600K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5155 | −0.139% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5157 | −0.100% | — | $68.0M | — | as long as short |
| Variational Omni JTOshort | +0.0100% | 4h | 0.5154 | −0.167% | $223K | $267K | — | |
| Extended JTO-USD | +0.0104% | 1h | 0.5153 | −0.184% | $518K | $1.7M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0108% | 1h | 0.5165 | +0.058% | $269K | $316K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5157 | −0.099% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5160 | −0.042% | $615K | $507K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0416% | 1h | 0.5172 | +0.190% | $59K | $137K | 25x | as long as short |
| Phoenix JTO | +0.0469% | 1h | 0.5161 | −0.023% | $381K | $110K | 5x | as long as short |
| Kraken Futures PF_JTOUSDlong | +0.0728% | 1h | 0.5162 | long leg | $337K | $313K | 25x |
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO