Funding you earn now, next payment 02:00 UTC−0.0702%/8h= −76.8% APRpaid last 24h −0.083%
Price spread now: Paradex against Kraken Futures−0.484%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Paradex is 0.484% cheaper against Kraken Futures than usual: you would sell low and buy high (−$48 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_JTOUSD | 0.5133 | 0.0773 | pay 0.0097% / 1h | 35m 58s | $346K | $307K | 25x |
| Short | Paradex JTO-USD-PERP | 0.5108 | 0.0072 | get 0.0072% / 8h | 6h 35m | $510 | — | 5x |
Kraken Futures PF_JTOUSD
Paradex JTO-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$147.32
- Price spread: −0.484% → 0.000%
- −$48.41
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$209.73
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 32 min ago; Paradex: 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 Kraken Futures live order book, 32 min ago | 21.31 bp | 38.5 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | −0.0140% | 1h | 0.5128 | −0.093% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0076% | 8h | 0.5127 | −0.112% | $906K | $1.1M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5100 | −0.638% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.925% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.112% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0065% | 4h | 0.5127 | −0.112% | $3.9M | $9.4M | 50x | as long as short |
| Paradex JTO-USD-PERPshort | +0.0072% | 8h | 0.5108 | −0.484% | $510 | — | 5x | |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5126 | −0.132% | $4K | $872 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5136 | +0.067% | $107K | $200K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5128 | −0.093% | $126K | $223K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Orderly PERP_JTO_USDC_mythos
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 | 0.5129 | −0.075% | $11.3M | $27.8M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5135 | +0.044% | $7.5M | $13.6M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5092 | −0.794% | $55K | $15K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5130 | −0.054% | $6.8M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5133 | −0.001% | $1.6M | $578K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5132 | −0.015% | $2.4M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5129 | −0.073% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5136 | +0.069% | $257K | $451K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5129 | −0.079% | $223K | $296K | — | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5125 | −0.155% | $517K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5128 | −0.087% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0264% | 1h | 0.5113 | −0.385% | $59K | $135K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5133 | +0.005% | $622K | $568K | 75x | as long as short |
| Phoenix JTO | +0.0466% | 1h | 0.5102 | −0.599% | $377K | $114K | 5x | as long as short |
| Hyperliquid JTO | +0.0484% | 1h | 0.5139 | +0.126% | $7.2M | $3.1M | 5x | as long as short |
| Kraken Futures PF_JTOUSDlong | +0.0773% | 1h | 0.5133 | long leg | $346K | $307K | 25x |
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Hyperliquid JTO