Funding you earn now, next payment 05:00 UTC−0.0718%/8h= −78.6% APRnext payment −$0.90 per $10,000 · paid last 24h —
Price spread now: Deribit against Reya−6.835%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Deribit is 6.835% cheaper against Reya than usual: you would sell low and buy high (−$683 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya JTORUSDPERP | 0.5540 | 0 | get 0.0000% / 1h | 54m 09s | — | — | — |
| Short | Deribit JTO_USDC-PERPETUAL | 0.5161 | −0.0718 | pay 0.0090% / 1h | 54m 09s | $13K | $10K | 10x |
Reya JTORUSDPERP
Deribit JTO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Reya. 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
- −$150.75
- Price spread: −6.835% → 0.000%
- −$683.47
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$847.22
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Deribit: 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 Reya no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Reya and Deribit: 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-PERPETUALshort | −0.0718% | 1h | 0.5161 | −6.835% | $13K | $10K | 10x | |
| Gate JTO_USDT | −0.0347% | 8h | 0.5162 | −6.817% | $899K | $998K | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5178 | −6.528% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERPlong | 0.0000% | 1h | 0.5540 | long leg | — | — | — | |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −10.228% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0085% | 8h | 0.5176 | −6.570% | $517 | — | 5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0089% | 4h | 0.5157 | −6.907% | $3.9M | $9.4M | 50x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5163 | −6.799% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5168 | −6.714% | $118K | $226K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5167 | −6.719% | $7.0M | $3.0M | 5x | as long as short |
Gate JTO_USDT
dYdX JTO-USD
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
OKX JTO-USDT-SWAP
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 | 0.5169 | −6.693% | $125K | $218K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5161 | −6.835% | $11.3M | $27.5M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5162 | −6.817% | $7.1M | $14.0M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5172 | −6.642% | $56K | $17K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5163 | −6.799% | $6.2M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5168 | −6.706% | $1.5M | $603K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5163 | −6.799% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5161 | −6.835% | — | $68.0M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5154 | −6.968% | $223K | $246K | — | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5162 | −6.815% | $521K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5166 | −6.739% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5167 | −6.726% | $619K | $537K | 75x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0378% | 1h | 0.5164 | −6.775% | $336K | $312K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5171 | −6.654% | $58K | $137K | 25x | as long as short |
| Phoenix JTO | +0.0469% | 1h | 0.5167 | −6.726% | $381K | $114K | 5x | as long as short |
| Backpack JTO_USDC_PERP | +0.0755% | 1h | 0.5169 | −6.696% | $266K | $314K | 10x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
Phoenix JTO
Backpack JTO_USDC_PERP