Funding you earn now, next payment 10:00 UTC−0.0340%/8h= −37.2% APRnext payment −$0.43 per $10,000 · paid last 24h −0.084%
Price spread now: Bulk against Coinbase International−0.414%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bulk is 0.414% cheaper against Coinbase International than usual: you would sell low and buy high (−$41 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 | Coinbase International JTO-PERP-INTX | 0.5071 | 0.0440 | pay 0.0055% / 1h | 52m 34s | $55K | $122K | 25x |
| Short | Bulk JTO-USD | 0.5050 | 0.0100 | get 0.0013% / 1h | 52m 34s | $55K | −$0 | 10x |
Coinbase International JTO-PERP-INTX
Bulk JTO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Coinbase International. 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
- −$71.4
- Price spread: −0.414% → 0.000%
- −$41.41
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$129.81
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 58 min ago; Bulk: 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 Coinbase International live order book, 58 min ago | 14.85 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bulk no order-book sample | — | — | — | — | — |
Bulk: 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 exchanges
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 | 0.5047 | −0.473% | $23K | $40K | 10x | as long as short |
| Kraken Futures PF_JTOUSD | −0.0317% | 1h | 0.5048 | −0.452% | $330K | $402K | 25x | as long as short |
| Bybit JTOUSDT | −0.0181% | 4h | 0.5042 | −0.572% | $6.5M | $13.1M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5050 | −0.420% | $3K | $5K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +9.238% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0003% | 8h | 0.5042 | −0.573% | $483 | $10 | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −1.933% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5047 | −0.467% | $112K | $205K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5050 | −0.412% | $6.8M | $2.8M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5048 | −0.446% | $116K | $204K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Kraken Futures PF_JTOUSD
Bybit JTOUSDT
dYdX JTO-USD
Reya JTORUSDPERP
Paradex JTO-USD-PERP
Injective JTO/USDC PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDTShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5040 | −0.609% | $10.5M | $25.7M | 75x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5040 | −0.611% | $3.7M | $9.1M | 50x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.5044 | −0.532% | $875K | $852K | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5040 | −0.611% | $6.0M | $3.0M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5045 | −0.515% | $1.4M | $589K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5043 | −0.552% | $2.2M | $2.2M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5042 | −0.572% | — | $8.3M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5043 | −0.548% | $218K | $191K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5048 | −0.454% | $4K | $798 | 10x | as long as short |
| Bulk JTO-USDshort | +0.0100% | 1h | 0.5050 | −0.414% | $55K | −$0 | 10x | |
| Extended JTO-USD | +0.0104% | 1h | 0.5038 | −0.641% | $519K | $2.7M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0130% | 1h | 0.5053 | −0.349% | $235K | $338K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5050 | −0.422% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0316% | 1h | 0.5057 | −0.276% | $357K | $122K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5043 | −0.552% | $572K | $518K | 75x | as long as short |
| Coinbase International JTO-PERP-INTXlong | +0.0440% | 1h | 0.5071 | long leg | $55K | $122K | 25x |
Binance JTOUSDT
OKX JTO-USDT-SWAP
Gate JTO_USDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
Phoenix JTO
BloFin JTO-USDT