Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.095%
Price spread now: Backpack against Aster+0.104%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$990.989% of the position
Funding, last 5 days (all we have)+0.256%+$26 on $10k
+Price spread, last 4 days (all we have)−0.593%−$59 · spread now +0.104%, 7d avg +0.065%
=Together, before fees−0.337%+ Points / potential airdropAster: Stage 5 · farm board−$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.039% dearer against Aster than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster JTOUSDT | 0.5124 | 0.0100 | pay 0.0050% / 4h | 1h 40m | $126K | $219K | 10x |
| Short | Backpack JTO_USDC_PERP | 0.5130 | 0.0100 | get 0.0013% / 1h | 40m 02s | $267K | $331K | 10x |
Aster JTOUSDT
Backpack JTO_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Aster. 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
- $0
- Price spread: +0.104% → +0.065%
- $3.95
- Slippage, 4 orders
- −$80.88
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$94.93
- Costs to cover
- 0.989%
- Break-even
- never at this rate
Slippage from Aster: live order book, 21 min ago; Backpack: live order book, 24 min ago.
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 Aster live order book, 21 min ago | 12.61 bp | 48.3 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 24 min ago | 0.10 bp | 14.1 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0339% | 8h | 0.5123 | −0.026% | $895K | $1.0M | 75x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0335% | 1h | 0.5122 | −0.046% | $13K | $10K | 10x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5124 | −0.007% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.103% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.954% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0077% | 8h | 0.5125 | +0.019% | $512 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5120 | −0.085% | $3K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5129 | +0.089% | $117K | $228K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5135 | +0.204% | $7.0M | $3.3M | 5x | as long as short |
| Aster JTOUSDTlong | +0.0100% | 4h | 0.5124 | long leg | $126K | $219K | 10x |
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Hyperliquid JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5124 | −0.001% | $11.2M | $27.2M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5125 | +0.013% | $7.3M | $13.8M | 50x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5122 | −0.046% | $3.8M | $9.2M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5097 | −0.534% | $55K | $15K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5123 | −0.026% | $6.7M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5131 | +0.130% | $1.6M | $587K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5125 | +0.013% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5124 | −0.007% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERPshort | +0.0100% | 1h | 0.5130 | +0.104% | $267K | $331K | 10x | |
| Variational Omni JTO | +0.0100% | 4h | 0.5123 | −0.026% | $222K | $288K | — | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5122 | −0.039% | $517K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5123 | −0.019% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0336% | 1h | 0.5133 | +0.169% | $59K | $134K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5125 | +0.013% | $620K | $511K | 75x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5143 | +0.364% | $380K | $110K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0679% | 1h | 0.5129 | +0.090% | $345K | $306K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
OKX JTO-USDT-SWAP
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD