JTO

Alert

Funding spread now, next payment 15:00 UTC−0.1017%/8h

paid, last 24h−0.077%paid, last 3 days−0.232%to open and closeno order book

Long on Backpack Short on Variational Omni

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.232% in total (about -28.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack JTO_USDC_PERP	0.5153	0.1117	pay 0.0140% / 1h	4m 48s	$313K	$553K	10x
Short	Variational Omni JTO	0.5149	0.0100	get 0.0050% / 4h	1h 04m	$217K	$317K	—

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee Variational OmnibpOrdersRate

Funding earned: −$213.48
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$223.48
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 50 min ago; Variational Omni: RFQ quote, 51 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.069%
Avg gap 7d: −0.084%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 50 min ago	0.10 bp	12.7 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 51 min ago	4.86 bp	doesn't fit	84.6 bp −$846	doesn't fit	doesn't fit

JTO on 26 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit JTO_USDC-PERPETUAL	−0.0139%	1h	$23K	$1K	10x	as long as short
Gate JTO_USDT	−0.0087%	8h	$971K	$1.7M	75x	as long as short
dYdX JTO-USD	0.0000%	1h	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	$31	$102K	5.5x	as long as short
Paradex JTO-USD-PERP	+0.0038%	8h	$513	—	5x	as long as short
Lighter JTO	+0.0096%	1h	$112K	$155K	10x	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	$4K	$5K	10x	as long as short
Hyperliquid JTO	+0.0100%	1h	$7.3M	$4.4M	5x	as long as short
Aster JTOUSDT	+0.0100%	4h	$174K	$224K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Binance JTOUSDT	+0.0100%	4h	$12.1M	$30.5M	75x	as long as short
Bybit JTOUSDT	+0.0100%	4h	$7.8M	$12.3M	50x	as long as short
OKX JTO-USDT-SWAP	+0.0100%	4h	$4.0M	$10.9M	50x	as long as short
Bulk JTO-USD	+0.0100%	1h	$56K	$2K	10x	as long as short
MEXC JTO_USDT	+0.0100%	4h	$7.5M	$4.8M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	$1.4M	$533K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	$2.6M	$2.4M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	—	$65.7M	—	as long as short
Variational Omni JTOshort	+0.0100%	4h	$217K	$317K	—
Extended JTO-USD	+0.0104%	1h	$512K	$844K	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	$2K	—	50x	as long as short
Kraken Futures PF_JTOUSD	+0.0278%	1h	$343K	$279K	25x	as long as short
Coinbase International JTO-PERP-INTX	+0.0320%	1h	$60K	$137K	25x	as long as short
BloFin JTO-USDT	+0.0340%	4h	$702K	$570K	75x	as long as short
Phoenix JTO	+0.0466%	1h	$386K	$265K	5x	as long as short
Backpack JTO_USDC_PERPlong	+0.1117%	1h	$313K	$553K	10x