Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.027%
Price spread now: dYdX against Variational Omni−0.165%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
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.165% cheaper against Variational Omni than usual: you would sell low and buy high (−$17 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 | Variational Omni JTO | 0.5172 | 0.0100 | pay 0.0050% / 4h | 3h 21m | $224K | $239K | — |
| Short | dYdX JTO-USD | 0.5163 | 0 | get 0.0000% / 1h | 21m 15s | $4K | $4K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Variational Omni. 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
- −$21
- Price spread: −0.165% → 0.000%
- −$16.52
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$47.52
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 33 min ago; dYdX: 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 Variational Omni RFQ quote, 33 min ago | 5.80 bp | doesn't fit | 61.8 bp −$618 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate JTO_USDT | −0.0362% | 8h | 0.5163 | −0.165% | $897K | $1.0M | 75x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0330% | 1h | 0.5170 | −0.030% | $13K | $10K | 10x | as long as short |
| Bybit JTOUSDT | −0.0284% | 4h | 0.5169 | −0.049% | $7.1M | $14.0M | 50x | as long as short |
| dYdX JTO-USDshort | 0.0000% | 1h | 0.5163 | −0.165% | $4K | $4K | 5x | |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.116% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.839% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0055% | 4h | 0.5168 | −0.069% | $3.9M | $9.4M | 50x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5171 | −0.011% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5164 | −0.138% | $118K | $227K | 10x | as long as short |
| Paradex JTO-USD-PERP | +0.0098% | 8h | 0.5162 | −0.182% | $515 | — | 5x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid JTO | +0.0100% | 1h | 0.5180 | +0.169% | $7.1M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5168 | −0.063% | $123K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5167 | −0.087% | $11.3M | $27.5M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5146 | −0.490% | $56K | $9K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5167 | −0.088% | $6.2M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5163 | −0.157% | $1.5M | $603K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5171 | −0.011% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5166 | −0.107% | — | $27.6M | — | as long as short |
| Variational Omni JTOlong | +0.0100% | 4h | 0.5172 | long leg | $224K | $239K | — | |
| Extended JTO-USD | +0.0104% | 1h | 0.5166 | −0.109% | $519K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5171 | −0.011% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0310% | 1h | 0.5153 | −0.359% | $380K | $114K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5153 | −0.359% | $612K | $521K | 75x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0378% | 1h | 0.5173 | +0.030% | $335K | $312K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5174 | +0.048% | $59K | $137K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.0657% | 1h | 0.5152 | −0.374% | $265K | $310K | 10x | as long as short |
Variational Omni JTO
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
Bybit JTOUSDT
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Lighter JTO
Paradex JTO-USD-PERP
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Phoenix JTO
BloFin JTO-USDT
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP