Funding you earn now, next payment 01:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h −0.020%
Price spread now: OKX against Extended−0.103%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$740.742% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.103%, 7d avg +0.007%
=Together, before fees+0.071%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.110% cheaper against Extended than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.007%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended JTO-USD | 0.5155 | 0.0104 | pay 0.0013% / 1h | 2m 05s | $519K | $1.7M | 10x |
| Short | OKX JTO-USDT-SWAP | 0.5150 | 0.0006 | get 0.0003% / 4h | 3h 02m | $3.9M | $9.3M | 50x |
Extended JTO-USD
OKX JTO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$20.52
- Price spread: −0.103% → +0.007%
- −$11.04
- Slippage, 4 orders
- −$59.21
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$105.77
- Costs to cover
- 0.742%
- Break-even
- never at this rate
Slippage from Extended: live order book, 1 min ago; OKX: live order book, 1 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, 1 min ago | 1.94 bp | 18.1 bp −$18 | 115.9 bp −$1,159 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.97 bp | 19.0 bp −$19 | 72.3 bp −$723 | 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 | −0.0525% | 1h | 0.5157 | +0.032% | $13K | $10K | 10x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5168 | +0.247% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.450% | — | — | — | as long as short |
| OKX JTO-USDT-SWAPshort | +0.0006% | 4h | 0.5150 | −0.103% | $3.9M | $9.3M | 50x | |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.537% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0050% | 8h | 0.5155 | −0.005% | $514 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5157 | +0.032% | $4K | $872 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5161 | +0.108% | $108K | $202K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5165 | +0.184% | $7.1M | $2.8M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5161 | +0.105% | $173K | $157K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Orderly PERP_JTO_USDC_mythos
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 | 0.5150 | −0.103% | $11.4M | $27.5M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5155 | −0.006% | $7.6M | $13.3M | 50x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.5157 | +0.032% | $913K | $1.2M | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5150 | −0.103% | $6.9M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5164 | +0.160% | $1.6M | $575K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5154 | −0.026% | $2.5M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5152 | −0.065% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5145 | −0.209% | $225K | $294K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5143 | −0.239% | $63K | $8K | 10x | as long as short |
| Extended JTO-USDlong | +0.0104% | 1h | 0.5155 | long leg | $519K | $1.7M | 10x | |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5158 | +0.056% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0247% | 1h | 0.5160 | +0.086% | $349K | $308K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.0297% | 1h | 0.5160 | +0.095% | $223K | $436K | 10x | as long as short |
| Phoenix JTO | +0.0312% | 1h | 0.5164 | +0.168% | $381K | $262K | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5172 | +0.323% | $63K | $130K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5157 | +0.032% | $625K | $579K | 75x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
Gate JTO_USDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Bulk JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Kraken Futures PF_JTOUSD
Backpack JTO_USDC_PERP
Phoenix JTO
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT