Funding arb · Price arb /

JTO

all JTO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h —

Price spread now: Extended against Reya−7.109%7-day average — · you buy dearer than you sell

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

Long on Reya Short on Extended

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 airdropReya: Active · Extended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 7.109% cheaper against Reya than usual: you would sell low and buy high (spread −7.109% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$711 on $10k: about 8 months of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya JTORUSDPERP	0.5539	0	get 0.0000% / 1h	17m 26s	—	—	—
Short	Extended JTO-USD	0.5146	0.0104	get 0.0013% / 1h	17m 26s	$523K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Reya. 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 ReyabpFee ExtendedbpOrdersPrice spread, now −7.109%Rate

Funding earned: $21.84
Price spread: −7.109% → 0.000%: −$710.92
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$700.08
Costs to cover: 0.110%
Break-even: 231.4 days

Slippage unknown: Reya: no order-book sample; Extended: live order book, 1 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 Reya no order-book sample	—	—	—	—	—
Sell Extended live order book, 1 min ago	3.29 bp	18.4 bp −$18	103.1 bp −$1,031	doesn't fit	doesn't fit

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 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	−0.0524%	1h	0.5167	−6.723%	$13K	$10K	10x	as long as short
Gate JTO_USDT	−0.0163%	8h	0.5149	−7.048%	$909K	$1.1M	75x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5151	−7.012%	$4K	$4K	5x	as long as short
Reya JTORUSDPERPlong	0.0000%	1h	0.5539	long leg	—	—	—
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−10.225%	$31	$43K	5.5x	as long as short
OKX JTO-USDT-SWAP	+0.0052%	4h	0.5143	−7.157%	$3.9M	$9.4M	50x	as long as short
Paradex JTO-USD-PERP	+0.0079%	8h	0.5151	−7.019%	$514	—	5x	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0094%	4h	0.5166	−6.741%	$4K	$872	10x	as long as short
Lighter JTO	+0.0096%	1h	0.5159	−6.866%	$122K	$231K	10x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5154	−6.958%	$126K	$222K	10x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance JTOUSDT	+0.0100%	4h	0.5144	−7.139%	$11.3M	$27.6M	75x	as long as short
Bybit JTOUSDT	+0.0100%	4h	0.5148	−7.066%	$7.5M	$13.5M	50x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5145	−7.120%	$6.7M	$3.5M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5151	−7.016%	$1.6M	$578K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5146	−7.102%	$2.4M	$2.4M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5147	−7.084%	—	$68.0M	—	as long as short
Backpack JTO_USDC_PERP	+0.0100%	1h	0.5169	−6.693%	$267K	$428K	10x	as long as short
Variational Omni JTO	+0.0100%	4h	0.5160	−6.858%	$224K	$294K	—	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5162	−6.806%	$56K	$15K	10x	as long as short
Extended JTO-USDshort	+0.0104%	1h	0.5146	−7.109%	$523K	$1.7M	10x
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5171	−6.654%	$2K	—	50x	as long as short
Coinbase International JTO-PERP-INTX	+0.0264%	1h	0.5175	−6.579%	$60K	$138K	25x	as long as short
Hyperliquid JTO	+0.0422%	1h	0.5156	−6.929%	$7.1M	$3.2M	5x	as long as short
Phoenix JTO	+0.0466%	1h	0.5175	−6.579%	$382K	$114K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0767%	1h	0.5172	−6.627%	$348K	$308K	25x	as long as short