Funding you earn now, next payment 07:00 UTC−0.0805%/8h= −88.2% APRnext payment −$1.01 per $10,000 · paid last 24h −0.228%
Price spread now: Deribit against Coinbase International−0.744%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$24 a day on $10k at the current rate, and Deribit is 0.744% cheaper against Coinbase International than usual: you would sell low and buy high (−$74 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 | 0.5110 | 0.0464 | pay 0.0058% / 1h | 59m 16s | $57K | $139K | 25x |
| Short | Deribit JTO_USDC-PERPETUAL | 0.5072 | −0.0341 | pay 0.0043% / 1h | 59m 16s | $12K | $30K | 10x |
Coinbase International JTO-PERP-INTX
Deribit JTO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$169.08
- Price spread: −0.744% → 0.000%
- −$74.36
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$260.44
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 44 min ago; Deribit: 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, 44 min ago | 23.64 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 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-PERPETUALshort | −0.0341% | 1h | 0.5072 | −0.744% | $12K | $30K | 10x | |
| Gate JTO_USDT | −0.0104% | 8h | 0.5074 | −0.705% | $881K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5078 | −0.626% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.407% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.681% | $31 | $43K | 5.5x | as long as short |
| Bybit JTOUSDT | +0.0066% | 4h | 0.5073 | −0.724% | $6.8M | $14.3M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0082% | 8h | 0.5075 | −0.694% | $486 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5079 | −0.599% | $114K | $243K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5080 | −0.583% | $6.9M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5077 | −0.649% | $118K | $228K | 10x | as long as short |
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Bybit JTOUSDT
Paradex JTO-USD-PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5072 | −0.741% | $10.8M | $28.7M | 75x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5070 | −0.783% | $3.7M | $9.7M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5074 | −0.705% | $6.1M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5079 | −0.614% | $1.5M | $595K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5075 | −0.685% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5072 | −0.744% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5076 | −0.673% | $217K | $235K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5074 | −0.705% | $4K | $918 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5086 | −0.470% | $55K | −$0 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5071 | −0.763% | $521K | $2.3M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0222% | 1h | 0.5086 | −0.476% | $237K | $322K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5074 | −0.696% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5080 | −0.587% | $585K | $561K | 75x | as long as short |
| Coinbase International JTO-PERP-INTXlong | +0.0464% | 1h | 0.5110 | long leg | $57K | $139K | 25x | |
| Phoenix JTO | +0.0467% | 1h | 0.5092 | −0.352% | $376K | $117K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0847% | 1h | 0.5080 | −0.579% | $322K | $369K | 25x | as long as short |
Binance JTOUSDT
OKX JTO-USDT-SWAP
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD