JTO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h −0.115%

Price spread now: OKX against Backpack−0.190%7-day average −0.170% · you buy dearer than you sell

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$600.599% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.209%−$21 on $10k

Price spread, last 4 days (all we have)+0.592%+$59 · spread now −0.190%, 7d avg −0.170%

Together, before fees+0.383%+$38 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.170%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack JTO_USDC_PERP	0.5168	0.0155	pay 0.0019% / 1h	13m 10s	$267K	$325K	10x
Short	OKX JTO-USDT-SWAP	0.5158	0.0100	get 0.0050% / 4h	1h 13m	$3.9M	$9.3M	50x

Funding history

latest

Range statsloading…

OKX against Backpack. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BackpackbpFee OKXbpOrdersPrice spread, now −0.190%Rate

Slippage from Backpack: live order book, 50 min ago; OKX: live order book, 5 min ago.

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, 50 min ago	0.10 bp	10.2 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.97 bp	18.2 bp −$18	63.5 bp −$635	doesn't fit	doesn't fit

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
Deribit JTO_USDC-PERPETUAL	−0.0717%	1h	0.5164	−0.074%	$13K	$10K	10x	as long as short
Gate JTO_USDT	−0.0366%	8h	0.5170	+0.043%	$900K	$1.0M	75x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5171	+0.061%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5539	+7.192%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−3.769%	$31	$43K	5.5x	as long as short
Paradex JTO-USD-PERP	+0.0083%	8h	0.5171	+0.053%	$516	—	5x	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0094%	4h	0.5165	−0.054%	$4K	$652	10x	as long as short
Lighter JTO	+0.0096%	1h	0.5171	+0.060%	$118K	$228K	10x	as long as short
Hyperliquid JTO	+0.0100%	1h	0.5183	+0.296%	$7.1M	$3.3M	5x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5171	+0.061%	$126K	$219K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance JTOUSDT	+0.0100%	4h	0.5158	−0.181%	$11.3M	$27.3M	75x	as long as short
Bybit JTOUSDT	+0.0100%	4h	0.5161	−0.132%	$7.3M	$13.9M	50x	as long as short
OKX JTO-USDT-SWAPshort	+0.0100%	4h	0.5158	−0.190%	$3.9M	$9.3M	50x
MEXC JTO_USDT	+0.0100%	4h	0.5162	−0.112%	$6.7M	$3.5M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5173	+0.097%	$1.6M	$586K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5163	−0.093%	$2.4M	$2.3M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5168	+0.004%	—	$68.0M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5179	+0.226%	$224K	$288K	—	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5172	+0.073%	$56K	$15K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5164	−0.077%	$520K	$1.7M	10x	as long as short
Backpack JTO_USDC_PERPlong	+0.0155%	1h	0.5168	long leg	$267K	$325K	10x
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5169	+0.024%	$2K	—	50x	as long as short
Coinbase International JTO-PERP-INTX	+0.0336%	1h	0.5197	+0.565%	$60K	$135K	25x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5160	−0.151%	$481K	$505K	75x	as long as short
Phoenix JTO	+0.0464%	1h	0.5183	+0.294%	$383K	$110K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0674%	1h	0.5171	+0.055%	$340K	$314K	25x	as long as short