Funding you earn now, next payment 03:00 UTC+0.0594%/8h= +65.0% APRpaid last 24h +0.089%
Price spread now: Kraken Futures against Paradex+0.099%7-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
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Kraken Futures is 0.099% dearer against Paradex than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex JTO-USD-PERP | 0.5142 | 0.0083 | pay 0.0083% / 8h | 5h 51m | $513 | — | 5x |
| Short | Kraken Futures PF_JTOUSD | 0.5147 | 0.0677 | get 0.0085% / 1h | 51m 19s | $346K | $306K | 25x |
Paradex JTO-USD-PERP
Kraken Futures PF_JTOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Paradex. 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
- $124.72
- Price spread: +0.099% → 0.000%
- $9.88
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $120.61
- Costs to cover
- 0.140%
- Break-even
- 0.2 days
Slippage unknown: Paradex: no order-book sample; Kraken Futures: live order book, 11 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 11 min ago | 23.24 bp | 51.7 bp −$52 | 209.9 bp −$2,099 | doesn't fit | doesn't fit |
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 25 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 | 0.5135 | −0.143% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0246% | 8h | 0.5136 | −0.123% | $903K | $994K | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5142 | −0.007% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.721% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.293% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERPlong | +0.0083% | 8h | 0.5142 | long leg | $513 | — | 5x | |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5133 | −0.182% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5148 | +0.100% | $118K | $228K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5146 | +0.077% | $7.1M | $3.3M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5140 | −0.048% | $126K | $219K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Hyperliquid JTO
Aster JTOUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5134 | −0.154% | $11.3M | $27.1M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5138 | −0.085% | $7.5M | $13.4M | 50x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5133 | −0.182% | $3.9M | $9.2M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5138 | −0.085% | $6.5M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5144 | +0.032% | $1.6M | $570K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5140 | −0.046% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5135 | −0.143% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5151 | +0.162% | $267K | $331K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5173 | +0.599% | $223K | $288K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5137 | −0.100% | $56K | $15K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5135 | −0.139% | $517K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5136 | −0.125% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0336% | 1h | 0.5154 | +0.227% | $59K | $135K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5142 | −0.007% | $380K | $110K | 5x | as long as short |
| Kraken Futures PF_JTOUSDshort | +0.0677% | 1h | 0.5147 | +0.099% | $346K | $306K | 25x |
Binance JTOUSDT
Bybit JTOUSDT
OKX JTO-USDT-SWAP
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
Phoenix JTO