Settings8H · net · $10k
Funding arb · Price arb /

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0382%/8h= +41.8% APRpaid last 24h +0.068%
Price spread now: Kraken Futures against Variational Omni+0.590%7-day average +0.076% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.313%+$31 on $10k
Price spread, last 4 days (all we have)−0.325%−$33 · spread now +0.590%, 7d avg +0.076%
Together, before fees−0.013%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Kraken Futures is 0.514% dearer against Variational Omni than usual: you sell high and buy low: +$51 more if the spread goes back to its 7-day average of +0.076%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni JTO0.51070.0100pay 0.0050% / 4h2h 37m$219K$242K
ShortKraken Futures PF_JTOUSD0.51370.0482get 0.0060% / 1h37m 06s$332K$313K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$80.22
Price spread: +0.590% → +0.076%
$51.35
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$121.57
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 12 min ago; Kraken Futures: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 12 min ago4.82 bpdoesn't fit56.9 bp −$569doesn't fitdoesn't fit
Sell Kraken Futures live order book, 11 min ago26.13 bp51.2 bp −$51263.0 bp −$2,630doesn't fitdoesn't fit

JTO on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit JTO_USDC-PERPETUAL−0.0335%1h0.5128+0.418%$3K$20K10xas long as short
Gate JTO_USDT−0.0300%8h0.5127+0.398%$886K$1.0M75xas long as short
OKX JTO-USDT-SWAP−0.0029%4h0.5128+0.418%$3.8M$9.5M50xas long as short
Bybit JTOUSDT−0.0003%4h0.5129+0.438%$7.0M$14.1M50xas long as short
dYdX JTO-USD0.0000%1h0.5132+0.500%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5540+8.479%as long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−2.617%$31$43K5.5xas long as short
Paradex JTO-USD-PERP+0.0090%8h0.5126+0.370%$491$105xas long as short
Lighter JTO+0.0096%1h0.5135+0.561%$114K$229K10xas long as short
Hyperliquid JTO+0.0100%1h0.5139+0.631%$7.0M$3.0M5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster JTOUSDT+0.0100%4h0.5131+0.481%$122K$219K10xas long as short
Binance JTOUSDT+0.0100%4h0.5128+0.421%$11.1M$27.8M75xas long as short
Bulk JTO-USD+0.0100%1h0.5125+0.359%$56K$2K10xas long as short
MEXC JTO_USDT+0.0100%4h0.5129+0.438%$6.0M$3.5M50xas long as short
KuCoin JTOUSDTM+0.0100%4h0.5131+0.473%$1.5M$608K20xas long as short
Bitget JTOUSDT+0.0100%4h0.5131+0.477%$2.4M$2.3M50xas long as short
BingX JTO-USDT+0.0100%4h0.5131+0.477%$8.8Mas long as short
Variational Omni JTOlong+0.0100%4h0.5107long leg$219K$242K
Orderly PERP_JTO_USDC_mythos+0.0100%4h0.5128+0.418%$4K$65210xas long as short
Extended JTO-USD+0.0104%1h0.5127+0.395%$515K$2.2M10xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0224% / S −0.2181%1h0.5129+0.445%$2K50xas long as short
Backpack JTO_USDC_PERP+0.0331%1h0.5136+0.573%$267K$309K10xas long as short
BloFin JTO-USDT+0.0340%4h0.5130+0.457%$615K$533K75xas long as short
Coinbase International JTO-PERP-INTX+0.0440%1h0.5209+2.004%$59K$136K25xas long as short
Phoenix JTO+0.0464%1h0.5140+0.653%$379K$118K5xas long as short
Kraken Futures PF_JTOUSDshort+0.0482%1h0.5137+0.590%$332K$313K25x