Funding arb · Price arb /

JTO

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Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0045%/8h= −4.9% APRpaid last 24h —

Price spread now: Reya against Paradex+8.185%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on Reya

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · Reya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Reya is 8.185% dearer against Paradex than usual: you sell high and buy low (spread +8.185% now, against zero (this spread has no 7-day history yet)): +$819 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 20 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex JTO-USD-PERP	0.5120	0.0045	pay 0.0045% / 8h	9m 13s	$491	$10	5x
Short	Reya JTORUSDPERP	0.5540	0	get 0.0000% / 1h	9m 13s	—	—	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Paradex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ParadexbpFee ReyabpOrdersPrice spread, now +8.185%Rate

Funding earned: −$9.48
Price spread: +8.185% → 0.000%: $818.52
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Reya: 3 bp × 2 orders: −$6
Net: $799.04
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; Reya: 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 Paradex no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

Paradex and Reya: 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	−0.0335%	1h	0.5123	+0.049%	$13K	$30K	10x	as long as short
Gate JTO_USDT	−0.0030%	8h	0.5124	+0.069%	$888K	$1.0M	75x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5128	+0.152%	$4K	$4K	5x	as long as short
Reya JTORUSDPERPshort	0.0000%	1h	0.5540	+8.185%	—	—	—
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−2.880%	$31	$43K	5.5x	as long as short
Paradex JTO-USD-PERPlong	+0.0045%	8h	0.5120	long leg	$491	$10	5x
Bybit JTOUSDT	+0.0063%	4h	0.5123	+0.049%	$6.8M	$14.4M	50x	as long as short
Lighter JTO	+0.0096%	1h	0.5128	+0.141%	$115K	$243K	10x	as long as short
Hyperliquid JTO	+0.0100%	1h	0.5127	+0.120%	$7.0M	$3.1M	5x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5126	+0.102%	$120K	$231K	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	0.5121	+0.018%	$10.8M	$28.6M	75x	as long as short
OKX JTO-USDT-SWAP	+0.0100%	4h	0.5121	+0.010%	$3.8M	$9.9M	50x	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5073	−0.919%	$55K	−$0	10x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5122	+0.030%	$6.1M	$3.5M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5125	+0.094%	$1.5M	$588K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5123	+0.049%	$2.3M	$2.4M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5121	+0.010%	—	$8.6M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5118	−0.041%	$219K	$229K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5123	+0.049%	$4K	$918	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5120	−0.018%	$524K	$2.7M	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5125	+0.085%	$2K	—	50x	as long as short
Backpack JTO_USDC_PERP	+0.0269%	1h	0.5144	+0.455%	$245K	$323K	10x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5136	+0.303%	$582K	$568K	75x	as long as short
Coinbase International JTO-PERP-INTX	+0.0464%	1h	0.5132	+0.225%	$58K	$134K	25x	as long as short
Phoenix JTO	+0.0472%	1h	0.5118	−0.048%	$373K	$123K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0839%	1h	0.5131	+0.213%	$325K	$371K	25x	as long as short