JTO

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.087%

7d average—if it closes, per $10,000$9funding while held, a day−$13.00

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack JTO_USDC_PERP	0.5143	0.0100	pay 0.0013% / 1h	6m 51s	$265K	$556K	10x
Short	Deribit JTO_USDC-PERPETUAL	0.5139	−0.0333	pay 0.0042% / 1h	6m 51s	$23K	$561	10x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee BackpackbpFee DeribitbpOrdersClose when spread is

Spread captured: −$8.75
Funding while held: −$13
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$38.75
Spread needed to break even: 0.170%

Slippage unknown: Backpack: live order book, 38 min ago; Deribit: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0433%
Per $10,000 a day: −$13.00
Average in range /8h: —

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 Backpack live order book, 38 min ago	0.10 bp	10.5 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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 price on every exchange

against the cheapest. Click to use as the short leg.

JTO on 26 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective JTO/USDC PERP	−3.315%	+0.0033%	1h	$31	$43K	5.5x	as long as short
Bulk JTO-USD	−0.379%	+0.0084%	1h	$55K	$737	10x	as long as short
Extended JTO-USD	−0.205%	+0.0104%	1h	$511K	$844K	10x	as long as short
Paradex JTO-USD-PERP	−0.145%	−0.0019%	8h	$513	—	5x	as long as short
BloFin JTO-USDT	−0.126%	+0.0340%	4h	$674K	$553K	75x	as long as short
Gate JTO_USDT	−0.087%	−0.0502%	8h	$949K	$1.7M	75x	as long as short
Deribit JTO_USDC-PERPETUALshort	−0.087%	−0.0333%	1h	$23K	$561	10x
MEXC JTO_USDT	−0.068%	+0.0100%	4h	$7.1M	$4.5M	50x	as long as short
Orderly PERP_JTO_USDC_mythos	−0.068%	+0.0100%	4h	$4K	$4K	10x	as long as short
Aster JTOUSDT	−0.046%	+0.0100%	4h	$174K	$218K	10x	as long as short

Show all 26 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
OKX JTO-USDT-SWAP	−0.029%	+0.0026%	4h	$4.0M	$10.6M	50x	as long as short
KuCoin JTOUSDTM	−0.029%	+0.0100%	4h	$1.3M	$546K	20x	as long as short
BingX JTO-USDT	−0.029%	+0.0100%	4h	—	$63.5M	—	as long as short
Binance JTOUSDT	−0.010%	+0.0100%	4h	$11.8M	$30.0M	75x	as long as short
Backpack JTO_USDC_PERPlong	0.000%	+0.0100%	1h	$265K	$556K	10x
dYdX JTO-USD	+0.001%	0.0000%	1h	$4K	$4K	5x	as long as short
GMX JTO/USD [WBTC.b-USDC]	+0.002%	L +0.0224% / S −0.2181%	1h	$2K	—	50x	as long as short
Hyperliquid JTO	+0.037%	+0.0100%	1h	$7.3M	$3.9M	5x	as long as short
Lighter JTO	+0.045%	+0.0096%	1h	$116K	$170K	10x	as long as short
Bybit JTOUSDT	+0.049%	+0.0100%	4h	$7.5M	$12.7M	50x	as long as short
Bitget JTOUSDT	+0.068%	+0.0100%	4h	$2.6M	$2.5M	50x	as long as short
Kraken Futures PF_JTOUSD	+0.087%	+0.0454%	1h	$338K	$264K	25x	as long as short
Variational Omni JTO	+0.107%	+0.0100%	4h	$201K	$267K	—	as long as short
Phoenix JTO	+0.224%	+0.0310%	1h	$371K	$274K	5x	as long as short
Coinbase International JTO-PERP-INTX	+0.243%	+0.0288%	1h	$58K	$146K	25x	as long as short
Reya JTORUSDPERP	+7.688%	0.0000%	1h	—	—	—	as long as short