After costs, if the gap returns to its 7d average, $10k−$104
spread now+0.001%7d average−0.033%fees + slippage, in and out−$108spread needed1.075%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack JTO_USDC_PERP | 0.5124 | 0.0100 | pay 0.0013% / 1h | 16m 31s | $264K | $581K | 10x |
| Short | Kraken Futures PF_JTOUSD | 0.5124 | 0.0457 | get 0.0057% / 1h | 16m 31s | $337K | $267K | 25x |
Backpack JTO_USDC_PERP
Kraken Futures PF_JTOUSDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $0.08
- Funding while held
- $10.7
- Slippage, 4 orders
- −$87.53
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$96.75
- Spread needed to break even
- 1.075%
Slippage from Backpack: live order book, 29 min ago; Kraken Futures: live order book, 28 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0357%
- Per $10,000 a day
- +$10.70
- 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, 29 min ago | 0.10 bp | 10.5 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 28 min ago | 25.13 bp | 40.6 bp −$41 | 234.6 bp −$2,346 | doesn't fit | doesn't fit |
JTO price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4973cheapestBloFin0.5104+2.634%Phoenix0.5112+2.795%Variational Omni0.5113+2.819%Orderly0.5115+2.855%Deribit0.5118+2.916%Paradex0.5120+2.955%Coinbase International0.5120+2.956%GMX0.5120+2.965%Gate0.5122+2.996%KuCoin0.5123+3.008%Extended0.5124+3.029%
Injective
BloFin
Phoenix
Variational Omni
Orderly
Deribit
Paradex
Coinbase International
GMX
Gate
KuCoin
ExtendedBackpack0.5124+3.030%
Kraken Futures0.5124+3.031%
OKX0.5124+3.036%MEXC0.5125+3.057%Lighter0.5127+3.105%Binance0.5128+3.117%Aster0.5128+3.117%Bybit0.5129+3.137%BingX0.5129+3.137%Bitget0.5130+3.157%dYdX0.5130+3.164%Hyperliquid0.5136+3.287%Bulk0.5144+3.429%
OKX
MEXC
Lighter
Binance
Aster
Bybit
BingX
Bitget
dYdX
Hyperliquid
BulkReya0.5539+11.374%
ReyaJTO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective JTO/USDC PERP | −2.941% | +0.0033% | 1h | $31 | $43K | 5.5x | as long as short |
| BloFin JTO-USDT | −0.384% | +0.0340% | 4h | $506K | $557K | 75x | as long as short |
| Phoenix JTO | −0.228% | +0.0310% | 1h | $368K | $274K | 5x | as long as short |
| Variational Omni JTO | −0.205% | +0.0100% | 4h | $201K | $267K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | −0.170% | +0.0100% | 4h | $4K | $4K | 10x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.111% | −0.0336% | 1h | $23K | $561 | 10x | as long as short |
| Paradex JTO-USD-PERP | −0.073% | −0.0015% | 8h | $511 | — | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | −0.072% | +0.0288% | 1h | $58K | $141K | 25x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | −0.063% | L +0.0224% / S −0.2181% | 1h | $2K | — | 50x | as long as short |
| Gate JTO_USDT | −0.033% | −0.0784% | 8h | $943K | $1.7M | 75x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin JTOUSDTM | −0.021% | +0.0100% | 4h | $1.3M | $554K | 20x | as long as short |
| Extended JTO-USD | −0.001% | +0.0104% | 1h | $510K | $844K | 10x | as long as short |
| Backpack JTO_USDC_PERPlong | 0.000% | +0.0100% | 1h | $264K | $581K | 10x | |
| Kraken Futures PF_JTOUSDshort | +0.001% | +0.0457% | 1h | $337K | $267K | 25x | |
| OKX JTO-USDT-SWAP | +0.006% | +0.0059% | 4h | $3.9M | $10.5M | 50x | as long as short |
| MEXC JTO_USDT | +0.025% | +0.0100% | 4h | $7.0M | $4.5M | 50x | as long as short |
| Lighter JTO | +0.072% | +0.0096% | 1h | $116K | $169K | 10x | as long as short |
| Binance JTOUSDT | +0.084% | +0.0100% | 4h | $11.7M | $30.0M | 75x | as long as short |
| Aster JTOUSDT | +0.084% | +0.0100% | 4h | $173K | $221K | 10x | as long as short |
| Bybit JTOUSDT | +0.103% | +0.0100% | 4h | $7.6M | $12.5M | 50x | as long as short |
| BingX JTO-USDT | +0.103% | +0.0100% | 4h | — | $63.5M | — | as long as short |
| Bitget JTOUSDT | +0.123% | +0.0100% | 4h | $2.6M | $2.4M | 50x | as long as short |
| dYdX JTO-USD | +0.130% | 0.0000% | 1h | $4K | $4K | 5x | as long as short |
| Hyperliquid JTO | +0.249% | +0.0100% | 1h | $7.3M | $4.2M | 5x | as long as short |
| Bulk JTO-USD | +0.386% | +0.0016% | 1h | $56K | $737 | 10x | as long as short |
| Reya JTORUSDPERP | +8.099% | 0.0000% | 1h | — | — | — | as long as short |