Funding you earn now, next payment 23:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h −0.008%
Price spread now: Injective against OKX−2.890%108s7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Injective is 2.890% cheaper against OKX than usual: you would sell low and buy high (spread −2.890% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$289 on $10k: about 3 months of funding at the current rate (+$3 a day). 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 | OKX JTO-USDT-SWAP | 0.5121 | −0.0083 | get 0.0041% / 4h | 1h 09m | $3.9M | $9.8M | 50x |
| Short | Injective JTO/USDC PERP | 0.4973 | 0.0033 | get 0.0004% / 1h | 9m 34s | $31 | $43K | 5.5x |
OKX JTO-USDT-SWAP
Injective JTO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against OKX. 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
- $24.43
- Price spread: −2.890% → 0.000%
- −$289.01
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$274.6
- Costs to cover
- 0.100%
- Break-even
- 85.7 days
Slippage unknown: OKX: live order book, 4 min ago; Injective: 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 OKX live order book, 4 min ago | 0.98 bp | 18.4 bp −$18 | 62.5 bp −$625 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | −0.0727% | 1h | 0.5112 | −0.176% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0171% | 8h | 0.5112 | −0.176% | $920K | $1.5M | 75x | as long as short |
| Paradex JTO-USD-PERP | −0.0088% | 8h | 0.5119 | −0.047% | $511 | — | 5x | as long as short |
| OKX JTO-USDT-SWAPlong | −0.0083% | 4h | 0.5121 | long leg | $3.9M | $9.8M | 50x | |
| dYdX JTO-USD | 0.0000% | 1h | 0.5119 | −0.034% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.170% | — | — | — | as long as short |
| Injective JTO/USDC PERPshort | +0.0033% | 1h | 0.4973 | −2.890% | $31 | $43K | 5.5x | |
| Lighter JTO | +0.0096% | 1h | 0.5122 | +0.027% | $97K | $175K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5124 | +0.059% | $7.2M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5121 | −0.006% | $172K | $176K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
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 | 0.5122 | +0.020% | $11.4M | $28.1M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5126 | +0.098% | $7.3M | $13.8M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5109 | −0.226% | $55K | $1K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5118 | −0.059% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5120 | −0.014% | $1.6M | $642K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5126 | +0.098% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5120 | −0.020% | — | $66.2M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5120 | −0.027% | $225K | $502K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5115 | −0.121% | $180K | $258K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5111 | −0.195% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5118 | −0.060% | $518K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5115 | −0.120% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0304% | 1h | 0.5131 | +0.195% | $56K | $124K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5112 | −0.176% | $630K | $570K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5126 | +0.098% | $369K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0520% | 1h | 0.5120 | −0.013% | $347K | $313K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD