Funding you earn now, next payment 07:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.017%
Price spread now: Injective against Variational Omni−2.731%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 −$2 a day on $10k at the current rate, and Injective is 2.731% cheaper against Variational Omni than usual: you would sell low and buy high (−$273 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 | 0.5113 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $219K | $241K | — |
| Short | Injective JTO/USDC PERP | 0.4973 | 0.0033 | get 0.0004% / 1h | 55m 09s | $31 | $43K | 5.5x |
Variational Omni JTO
Injective JTO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −2.731% → 0.000%
- −$273.06
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$287.08
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 54 min ago; Injective: 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, 54 min ago | 4.82 bp | doesn't fit | 56.9 bp −$569 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.0175% | 8h | 0.5101 | −0.227% | $897K | $1.0M | 75x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0142% | 1h | 0.5104 | −0.168% | $13K | $30K | 10x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5113 | +0.009% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.351% | — | — | — | as long as short |
| Injective JTO/USDC PERPshort | +0.0033% | 1h | 0.4973 | −2.731% | $31 | $43K | 5.5x | |
| OKX JTO-USDT-SWAP | +0.0075% | 4h | 0.5063 | −0.970% | $3.8M | $9.6M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0086% | 8h | 0.5105 | −0.139% | $489 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5112 | −0.020% | $114K | $238K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5062 | −0.992% | $120K | $226K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5054 | −1.146% | $11.0M | $28.3M | 75x | as long as short |
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
dYdX JTO-USD
Reya JTORUSDPERP
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Lighter JTO
Aster JTOUSDT
Binance JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | +0.0100% | 4h | 0.5061 | −1.009% | $6.8M | $14.3M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5137 | +0.477% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5104 | −0.168% | $5.9M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5109 | −0.065% | $1.5M | $611K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5107 | −0.110% | $2.4M | $2.2M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5103 | −0.188% | — | $8.6M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5112 | −0.010% | $263K | $303K | 10x | as long as short |
| Variational Omni JTOlong | +0.0100% | 4h | 0.5113 | long leg | $219K | $241K | — | |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5107 | −0.110% | $3K | $652 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5103 | −0.194% | $515K | $2.2M | 10x | as long as short |
| Hyperliquid JTO | +0.0130% | 1h | 0.5115 | +0.049% | $7.0M | $3.0M | 5x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5106 | −0.130% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5110 | −0.051% | $601K | $549K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0456% | 1h | 0.5159 | +0.907% | $59K | $133K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5141 | +0.555% | $379K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0844% | 1h | 0.5114 | +0.024% | $342K | $345K | 25x | as long as short |
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Hyperliquid JTO
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD