Funding you earn now, next payment 06:00 UTC+0.0376%/8h= +41.2% APRnext payment +$0.47 per $10,000 · paid last 24h +0.063%
Price spread now: Kraken Futures against Extended+0.203%7-day average +0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1391.392% of the position
Funding, last 7 days+0.440%+$44 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now +0.203%, 7d avg +0.162%
=Together, before fees+0.494%+ Points / potential airdropExtended: Active · farm board+$49 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Kraken Futures is 0.041% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.162%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended JTO-USD | 0.5146 | 0.0104 | pay 0.0013% / 1h | 46m 04s | $517K | $2.2M | 10x |
| Short | Kraken Futures PF_JTOUSD | 0.5157 | 0.0480 | get 0.0060% / 1h | 46m 04s | $333K | $313K | 25x |
Extended JTO-USD
Kraken Futures PF_JTOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $78.99
- Price spread: +0.203% → +0.162%
- $4.13
- Slippage, 4 orders
- −$124.17
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$56.05
- Costs to cover
- 1.392%
- Break-even
- 12.0 days
Slippage from Extended: live order book, 3 min ago; Kraken Futures: live order book, 2 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 Extended live order book, 3 min ago | 2.21 bp | 15.5 bp −$15 | 181.5 bp −$1,815 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 26.13 bp | 51.2 bp −$51 | 263.0 bp −$2,630 | 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 | −0.0332% | 1h | 0.5149 | +0.052% | $3K | $20K | 10x | as long as short |
| Gate JTO_USDT | −0.0326% | 8h | 0.5148 | +0.033% | $893K | $991K | 75x | as long as short |
| Bybit JTOUSDT | −0.0099% | 4h | 0.5150 | +0.072% | $7.1M | $14.0M | 50x | as long as short |
| OKX JTO-USDT-SWAP | −0.0060% | 4h | 0.5148 | +0.033% | $3.9M | $9.4M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5157 | +0.208% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.641% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.368% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0096% | 8h | 0.5153 | +0.132% | $514 | — | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5156 | +0.186% | $115K | $228K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5158 | +0.222% | $123K | $219K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Bybit JTOUSDT
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Lighter 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 | 0.5155 | +0.169% | $11.2M | $27.7M | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5148 | +0.033% | $6.0M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5154 | +0.159% | $1.5M | $607K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5153 | +0.130% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5150 | +0.072% | — | $8.8M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5148 | +0.025% | $220K | $242K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5149 | +0.052% | $4K | $652 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5173 | +0.518% | $56K | $2K | 10x | as long as short |
| Extended JTO-USDlong | +0.0104% | 1h | 0.5146 | long leg | $517K | $2.2M | 10x | |
| Hyperliquid JTO | +0.0131% | 1h | 0.5159 | +0.246% | $7.0M | $3.0M | 5x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5151 | +0.093% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5160 | +0.266% | $611K | $536K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5209 | +1.218% | $59K | $136K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5195 | +0.946% | $384K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSDshort | +0.0480% | 1h | 0.5157 | +0.203% | $333K | $313K | 25x | |
| Backpack JTO_USDC_PERP | +0.0967% | 1h | 0.5157 | +0.209% | $267K | $311K | 10x | as long as short |
Binance JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Hyperliquid JTO
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Backpack JTO_USDC_PERP