Funding you earn now, next payment 00:00 UTC+0.0124%/8h= +13.5% APRpaid last 24h +0.071%
Price spread now: Kraken Futures against Orderly+0.151%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 +$4 a day on $10k at the current rate, and Kraken Futures is 0.151% dearer against Orderly than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_JTO_USDC_mythos | 0.5163 | 0.0100 | pay 0.0050% / 4h | 47m 35s | $4K | $2K | 10x |
| Short | Kraken Futures PF_JTOUSD | 0.5171 | 0.0224 | get 0.0028% / 1h | 47m 35s | $351K | $311K | 25x |
Orderly PERP_JTO_USDC_mythos
Kraken Futures PF_JTOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Orderly. 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
- $25.99
- Price spread: +0.151% → 0.000%
- $15.1
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $25.08
- Costs to cover
- 0.160%
- Break-even
- 0.2 days
Slippage unknown: Orderly: no order-book sample; Kraken Futures: live order book, 30 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 30 min ago | 19.53 bp | 35.3 bp −$35 | 183.0 bp −$1,830 | doesn't fit | doesn't fit |
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 | −0.0524% | 1h | 0.5162 | −0.019% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0150% | 8h | 0.5148 | −0.291% | $927K | $1.4M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0029% | 4h | 0.5146 | −0.329% | $3.9M | $9.6M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0022% | 8h | 0.5147 | −0.302% | $514 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5155 | −0.155% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.287% | — | — | — | as long as short |
| Bulk JTO-USD | +0.0023% | 1h | 0.5183 | +0.387% | $56K | $1K | 10x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.680% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5161 | −0.029% | $108K | $182K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5167 | +0.070% | $7.3M | $3.1M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Bulk JTO-USD
Injective JTO/USDC PERP
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 | 0.5168 | +0.090% | $173K | $176K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5151 | −0.232% | $11.5M | $27.9M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5152 | −0.213% | $7.3M | $13.8M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5150 | −0.252% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5168 | +0.089% | $1.6M | $640K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5149 | −0.271% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5150 | −0.252% | — | $66.2M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5180 | +0.326% | $183K | $258K | — | as long as short |
| Orderly PERP_JTO_USDC_mythoslong | +0.0100% | 4h | 0.5163 | long leg | $4K | $2K | 10x | |
| Extended JTO-USD | +0.0104% | 1h | 0.5148 | −0.295% | $524K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5165 | +0.038% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSDshort | +0.0224% | 1h | 0.5171 | +0.151% | $351K | $311K | 25x | |
| Backpack JTO_USDC_PERP | +0.0278% | 1h | 0.5169 | +0.114% | $226K | $480K | 10x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0296% | 1h | 0.5189 | +0.504% | $57K | $117K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5179 | +0.310% | $629K | $629K | 75x | as long as short |
| Phoenix JTO | +0.0465% | 1h | 0.5194 | +0.600% | $373K | $266K | 5x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO