Funding you earn now, next payment 08:00 UTC−0.0736%/8h= −80.6% APRnext payment −$0.92 per $10,000 · paid last 24h −0.080%
Price spread now: Extended against Kraken Futures+0.019%7-day average −0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1281.277% of the position
Funding, last 7 days−0.453%−$45 on $10k
+Price spread, last 4 days (all we have)−0.235%−$23 · spread now +0.019%, 7d avg −0.162%
=Together, before fees−0.688%+ Points / potential airdropExtended: Active · farm board−$69 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.181% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.162%): +$18 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.453% in total) that is about 2.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.453% in total (about -23.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.92 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_JTOUSD | 0.5124 | 0.0840 | pay 0.0105% / 1h | 10m 55s | $325K | $371K | 25x |
| Short | Extended JTO-USD | 0.5125 | 0.0104 | get 0.0013% / 1h | 10m 55s | $524K | $2.7M | 10x |
Kraken Futures PF_JTOUSD
Extended JTO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Kraken Futures. 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
- −$154.52
- Price spread: +0.019% → −0.162%
- $18.15
- Slippage, 4 orders
- −$112.73
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$264.1
- Costs to cover
- 1.277%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 27 min ago; Extended: live order book, 3 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 Kraken Futures live order book, 27 min ago | 22.68 bp | 62.2 bp −$62 | 912.4 bp −$9,124 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 2.94 bp | 14.1 bp −$14 | 75.2 bp −$752 | 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 | −0.0531% | 1h | 0.5118 | −0.110% | $13K | $30K | 10x | as long as short |
| Gate JTO_USDT | −0.0031% | 8h | 0.5127 | +0.066% | $888K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5118 | −0.104% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.119% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.940% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0042% | 8h | 0.5115 | −0.159% | $490 | $10 | 5x | as long as short |
| Bybit JTOUSDT | +0.0055% | 4h | 0.5124 | +0.007% | $6.8M | $14.4M | 50x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5121 | −0.057% | $115K | $243K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5133 | +0.187% | $7.0M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5126 | +0.050% | $120K | $230K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Bybit JTOUSDT
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 | 0.5124 | +0.007% | $10.8M | $28.6M | 75x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5122 | −0.032% | $3.8M | $9.9M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5073 | −0.980% | $55K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5125 | +0.027% | $6.1M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5130 | +0.126% | $1.5M | $588K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5127 | +0.066% | $2.3M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5124 | +0.007% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5118 | −0.103% | $219K | $229K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5120 | −0.071% | $4K | $918 | 10x | as long as short |
| Extended JTO-USDshort | +0.0104% | 1h | 0.5125 | +0.019% | $524K | $2.7M | 10x | |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5123 | −0.004% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0247% | 1h | 0.5135 | +0.226% | $245K | $323K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5110 | −0.266% | $583K | $565K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0464% | 1h | 0.5127 | +0.066% | $58K | $134K | 25x | as long as short |
| Phoenix JTO | +0.0472% | 1h | 0.5118 | −0.110% | $373K | $123K | 5x | as long as short |
| Kraken Futures PF_JTOUSDlong | +0.0840% | 1h | 0.5124 | long leg | $325K | $371K | 25x |
Binance JTOUSDT
OKX JTO-USDT-SWAP
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO