Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.112%
Price spread now: OKX against Backpack−0.172%7-day average −0.168% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$640.638% of the position
Funding, last 7 days−0.230%−$23 on $10k
+Price spread, last 4 days (all we have)+0.574%+$57 · spread now −0.172%, 7d avg −0.168%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack JTO_USDC_PERP | 0.5055 | 0.0100 | pay 0.0013% / 1h | 32m 00s | $246K | $321K | 10x |
| Short | OKX JTO-USDT-SWAP | 0.5046 | 0.0100 | get 0.0050% / 4h | 3h 32m | $3.7M | $9.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Backpack. 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
- $0
- Price spread: −0.172% → −0.168%
- −$0.45
- Slippage, 4 orders
- −$43.81
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$64.26
- Costs to cover
- 0.638%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 1 min ago; OKX: live order book, 1 min ago.
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 Backpack live order book, 1 min ago | 0.79 bp | 13.2 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.99 bp | 18.7 bp −$19 | 27.4 bp −$274 | doesn't fit | doesn't fit |
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 | −0.0542% | 1h | 0.5049 | −0.113% | $12K | $30K | 10x | as long as short |
| Bybit JTOUSDT | −0.0182% | 4h | 0.5046 | −0.172% | $6.7M | $14.3M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5057 | +0.049% | $3K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +9.591% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0029% | 8h | 0.5051 | −0.067% | $484 | $10 | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −1.616% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5054 | −0.004% | $113K | $240K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5055 | +0.012% | $6.8M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5052 | −0.053% | $118K | $233K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5049 | −0.113% | $10.6M | $28.4M | 75x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX JTO-USDT-SWAPshort | +0.0100% | 4h | 0.5046 | −0.172% | $3.7M | $9.7M | 50x | |
| Gate JTO_USDT | +0.0100% | 8h | 0.5047 | −0.152% | $874K | $931K | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5046 | −0.172% | $6.2M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5052 | −0.053% | $1.4M | $660K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5047 | −0.152% | $2.2M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5047 | −0.152% | — | $8.6M | — | as long as short |
| Backpack JTO_USDC_PERPlong | +0.0100% | 1h | 0.5055 | long leg | $246K | $321K | 10x | |
| Variational Omni JTO | +0.0100% | 4h | 0.5069 | +0.276% | $217K | $229K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5048 | −0.133% | $4K | $918 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5071 | +0.322% | $55K | −$0 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5045 | −0.201% | $516K | $2.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5049 | −0.105% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0313% | 1h | 0.5064 | +0.184% | $369K | $128K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5040 | −0.291% | $577K | $558K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0464% | 1h | 0.5059 | +0.085% | $57K | $135K | 25x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0771% | 1h | 0.5053 | −0.033% | $334K | $384K | 25x | as long as short |
Backpack JTO_USDC_PERP
OKX JTO-USDT-SWAP
Deribit JTO_USDC-PERPETUAL
Bybit JTOUSDT
Paradex JTO-USD-PERP
Injective JTO/USDC PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Gate JTO_USDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Phoenix JTO
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Kraken Futures PF_JTOUSD