Funding arb · Price arb /

JTO

all JTO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: Variational Omni against Binance+0.450%7-day average +0.072% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.014%−$1 on $10k

Price spread, last 3 days (all we have)−0.175%−$17 · spread now +0.450%, 7d avg +0.072%

Together, before fees−0.189%+ Points / potential airdropVariational Omni: Active · farm board−$19 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: Variational Omni is 0.378% dearer against Binance than usual: you sell high and buy low, +$38 on $10k if it goes back to its 7-day average of +0.072%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance JTOUSDT	0.5168	0.0100	pay 0.0050% / 4h	2h 11m	$11.6M	$27.9M	75x
Short	Variational Omni JTO	0.5191	0.0100	get 0.0050% / 4h	2h 11m	$184K	$259K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee Variational OmnibpOrdersPrice spread, now +0.450%Rate

Funding earned: $0
Price spread: +0.450% → +0.072%: $37.77
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $27.77
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Binance: live order book, 15 min ago; Variational Omni: RFQ quote, 12 min ago. 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 Binance live order book, 15 min ago	0.97 bp	13.2 bp −$13	33.8 bp −$338	270.3 bp −$27.0K	doesn't fit
Sell Variational Omni RFQ quote, 12 min ago	6.75 bp	doesn't fit	91.6 bp −$916	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
Deribit JTO_USDC-PERPETUAL	−0.0909%	1h	0.5170	+0.039%	$13K	$11K	10x	as long as short
Gate JTO_USDT	−0.0167%	8h	0.5168	0.000%	$936K	$1.5M	75x	as long as short
OKX JTO-USDT-SWAP	−0.0077%	4h	0.5166	−0.039%	$3.9M	$9.9M	50x	as long as short
Paradex JTO-USD-PERP	−0.0014%	8h	0.5168	−0.007%	$516	—	5x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5172	+0.071%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5539	+7.187%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−3.773%	$31	$43K	5.5x	as long as short
Lighter JTO	+0.0096%	1h	0.5173	+0.099%	$100K	$184K	10x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5174	+0.117%	$174K	$176K	10x	as long as short
Binance JTOUSDTlong	+0.0100%	4h	0.5168	long leg	$11.6M	$27.9M	75x

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit JTOUSDT	+0.0100%	4h	0.5174	+0.116%	$7.6M	$13.6M	50x	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5165	−0.058%	$56K	$2K	10x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5168	0.000%	$7.1M	$3.7M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5177	+0.180%	$1.5M	$610K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5170	+0.039%	$2.5M	$2.4M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5171	+0.058%	—	$63.5M	—	as long as short
Variational Omni JTOshort	+0.0100%	4h	0.5191	+0.450%	$184K	$259K	—
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5169	+0.019%	$4K	$2K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5167	−0.017%	$526K	$854K	10x	as long as short
Hyperliquid JTO	+0.0114%	1h	0.5181	+0.242%	$7.3M	$3.2M	5x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5173	+0.106%	$2K	—	50x	as long as short
Coinbase International JTO-PERP-INTX	+0.0320%	1h	0.5193	+0.484%	$57K	$125K	25x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5170	+0.039%	$641K	$576K	75x	as long as short
Backpack JTO_USDC_PERP	+0.0354%	1h	0.5175	+0.133%	$263K	$501K	10x	as long as short
Phoenix JTO	+0.0463%	1h	0.5198	+0.580%	$374K	$267K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0608%	1h	0.5172	+0.081%	$352K	$312K	25x	as long as short