Funding you earn now, next payment 02:00 UTC+0.0090%/8h= +9.9% APRpaid last 24h —
Price spread now: OKX against Reya−7.048%57s7-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
=Funding pays, the price is against you. OKX is 7.048% cheaper against Reya than usual: you would sell low and buy high (spread −7.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$705 on $10k: about 9 months of funding at the current rate (+$3 a day). The two prices were read 57 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 | Reya JTORUSDPERP | 0.5539 | 0 | get 0.0000% / 1h | 0m 35s | — | — | — |
| Short | OKX JTO-USDT-SWAP | 0.5149 | 0.0090 | get 0.0045% / 4h | 2h 00m | $3.9M | $9.3M | 50x |
Reya JTORUSDPERP
OKX JTO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $18.91
- Price spread: −7.048% → 0.000%
- −$704.85
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$701.94
- Costs to cover
- 0.160%
- Break-even
- 266.8 days
Slippage unknown: Reya: no order-book sample; OKX: live order book, 3 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 Reya no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 3 min ago | 0.97 bp | 21.5 bp −$21 | 65.8 bp −$658 | doesn't fit | doesn't fit |
Reya: 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 25 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 | −0.0332% | 1h | 0.5155 | −6.940% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0206% | 8h | 0.5152 | −6.994% | $907K | $1.1M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5158 | −6.885% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERPlong | 0.0000% | 1h | 0.5539 | long leg | — | — | — | |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −10.226% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0082% | 8h | 0.5151 | −7.016% | $514 | — | 5x | as long as short |
| OKX JTO-USDT-SWAPshort | +0.0090% | 4h | 0.5149 | −7.048% | $3.9M | $9.3M | 50x | |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5155 | −6.940% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5160 | −6.852% | $118K | $235K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5156 | −6.921% | $127K | $222K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Aster JTOUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5151 | −7.017% | $11.3M | $27.2M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5155 | −6.940% | $7.6M | $13.4M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5151 | −7.012% | $6.6M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5154 | −6.949% | $1.6M | $569K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5157 | −6.904% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5152 | −6.994% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5162 | −6.808% | $268K | $356K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5158 | −6.884% | $224K | $288K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5136 | −7.283% | $56K | $15K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5151 | −7.019% | $520K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5159 | −6.861% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0264% | 1h | 0.5179 | −6.507% | $60K | $135K | 25x | as long as short |
| Hyperliquid JTO | +0.0318% | 1h | 0.5160 | −6.859% | $7.1M | $3.3M | 5x | as long as short |
| Phoenix JTO | +0.0466% | 1h | 0.5145 | −7.121% | $380K | $114K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0769% | 1h | 0.5161 | −6.837% | $347K | $306K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
Hyperliquid JTO
Phoenix JTO
Kraken Futures PF_JTOUSD