JTO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0564%/8h= +61.8% APRnext payment +$0.71 per $10,000 · paid last 24h +0.127%

Price spread now: Injective against Deribit−2.852%63s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Injective

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Injective is 2.852% cheaper against Deribit than usual: you would sell low and buy high (spread −2.852% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$285 on $10k: about 17 days of funding at the current rate (+$17 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit JTO_USDC-PERPETUAL	0.5119	−0.0531	get 0.0066% / 1h	5m 41s	$13K	$10K	10x
Short	Injective JTO/USDC PERP	0.4973	0.0033	get 0.0004% / 1h	5m 41s	$31	$43K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Deribit. 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

Position, each leg$Hold fordaysFee DeribitbpFee InjectivebpOrdersPrice spread, now −2.852%Rate

Funding earned: $118.47
Price spread: −2.852% → 0.000%: −$285.21
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$173.77
Costs to cover: 0.070%
Break-even: 17.3 days

Slippage unknown: Deribit: no order-book sample; Injective: 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 Deribit no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Deribit and Injective: 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-PERPETUALlong	−0.0531%	1h	0.5119	long leg	$13K	$10K	10x
Gate JTO_USDT	−0.0390%	8h	0.5116	−0.059%	$891K	$1.0M	75x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5117	−0.040%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5539	+8.213%	—	—	—	as long as short
Injective JTO/USDC PERPshort	+0.0033%	1h	0.4973	−2.852%	$31	$43K	5.5x
Paradex JTO-USD-PERP	+0.0083%	8h	0.5113	−0.111%	$510	—	5x	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0094%	4h	0.5120	+0.020%	$3K	$652	10x	as long as short
Lighter JTO	+0.0096%	1h	0.5123	+0.076%	$117K	$228K	10x	as long as short
Hyperliquid JTO	+0.0100%	1h	0.5125	+0.125%	$7.0M	$3.2M	5x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5122	+0.064%	$125K	$219K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance JTOUSDT	+0.0100%	4h	0.5112	−0.137%	$11.2M	$27.3M	75x	as long as short
Bybit JTOUSDT	+0.0100%	4h	0.5115	−0.078%	$7.2M	$13.9M	50x	as long as short
OKX JTO-USDT-SWAP	+0.0100%	4h	0.5111	−0.156%	$3.8M	$9.3M	50x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5117	−0.039%	$6.6M	$3.5M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5123	+0.070%	$1.6M	$585K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5117	−0.039%	$2.4M	$2.3M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5119	0.000%	—	$68.0M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5121	+0.029%	$222K	$288K	—	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5172	+1.027%	$56K	$15K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5118	−0.025%	$515K	$1.7M	10x	as long as short
Backpack JTO_USDC_PERP	+0.0125%	1h	0.5128	+0.166%	$265K	$322K	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5123	+0.084%	$2K	—	50x	as long as short
Coinbase International JTO-PERP-INTX	+0.0336%	1h	0.5197	+1.524%	$60K	$135K	25x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5136	+0.332%	$622K	$503K	75x	as long as short
Phoenix JTO	+0.0464%	1h	0.5171	+1.016%	$382K	$110K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0679%	1h	0.5130	+0.216%	$336K	$313K	25x	as long as short