Funding you earn now, next payment 02:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h −0.041%
Price spread now: Gate against Injective+3.237%54s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 3.237% dearer against Injective than usual: you sell high and buy low: +$324 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 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 | Injective JTO/USDC PERP | 0.4973 | 0.0033 | pay 0.0004% / 1h | 48m 23s | $31 | $43K | 5.5x |
| Short | Gate JTO_USDT | 0.5134 | 0.0087 | get 0.0087% / 8h | 6h 48m | $904K | $1.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Injective. 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
- $11.27
- Price spread: +3.237% → 0.000%
- $323.75
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $320
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Gate: live order book, 4 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 4 min ago | 9.75 bp | 39.2 bp −$39 | 102.7 bp −$1,027 | doesn't fit | doesn't fit |
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-PERPETUAL | −0.0334% | 1h | 0.5134 | +3.237% | $13K | $10K | 10x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5146 | +3.479% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +11.392% | — | — | — | as long as short |
| Injective JTO/USDC PERPlong | +0.0033% | 1h | 0.4973 | long leg | $31 | $43K | 5.5x | |
| OKX JTO-USDT-SWAP | +0.0042% | 4h | 0.5133 | +3.217% | $3.9M | $9.4M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0063% | 8h | 0.5136 | +3.268% | $513 | — | 5x | as long as short |
| Gate JTO_USDTshort | +0.0087% | 8h | 0.5134 | +3.237% | $904K | $1.0M | 75x | |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5133 | +3.217% | $4K | $872 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5153 | +3.614% | $108K | $200K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5141 | +3.384% | $150K | $222K | 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 | 0.5131 | +3.177% | $11.3M | $27.7M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5137 | +3.298% | $7.5M | $13.6M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5131 | +3.177% | $6.9M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5144 | +3.447% | $1.6M | $577K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5137 | +3.298% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5136 | +3.278% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5149 | +3.529% | $222K | $434K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5138 | +3.312% | $223K | $296K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5132 | +3.188% | $63K | $8K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5130 | +3.151% | $520K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5133 | +3.220% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0264% | 1h | 0.5139 | +3.338% | $59K | $135K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5133 | +3.217% | $622K | $568K | 75x | as long as short |
| Phoenix JTO | +0.0466% | 1h | 0.5145 | +3.459% | $380K | $114K | 5x | as long as short |
| Hyperliquid JTO | +0.0488% | 1h | 0.5144 | +3.441% | $7.2M | $3.0M | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0772% | 1h | 0.5140 | +3.362% | $347K | $308K | 25x | as long as short |
Injective JTO/USDC PERP
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Lighter JTO
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Hyperliquid JTO
Kraken Futures PF_JTOUSD