Funding you earn now, next payment 21:00 UTC+0.0220%/8h= +24.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.081%
Price spread now: Coinbase International against Bulk+0.542%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 0.542% dearer against Bulk than usual: you sell high and buy low: +$54 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk JTO-USD | 0.5165 | 0.0100 | pay 0.0013% / 1h | 5m 42s | $56K | $2K | 10x |
| Short | Coinbase International JTO-PERP-INTX | 0.5193 | 0.0320 | get 0.0040% / 1h | 5m 42s | $57K | $125K | 25x |
Bulk JTO-USD
Coinbase International JTO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bulk. 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
- $46.2
- Price spread: +0.542% → 0.000%
- $54.21
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $83.41
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Bulk: no order-book sample; Coinbase International: live order book, 17 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 Bulk no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 17 min ago | 16.41 bp | 21.4 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
Bulk: 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 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 | −0.0717% | 1h | 0.5164 | −0.019% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0166% | 8h | 0.5162 | −0.058% | $934K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0096% | 4h | 0.5160 | −0.097% | $3.9M | $9.9M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0013% | 8h | 0.5157 | −0.153% | $515 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5167 | +0.048% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.249% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.717% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5166 | +0.021% | $100K | $184K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5164 | −0.011% | $173K | $176K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5159 | −0.108% | $11.6M | $27.9M | 75x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Lighter JTO
Aster JTOUSDT
Binance JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | +0.0100% | 4h | 0.5166 | +0.019% | $7.6M | $13.6M | 50x | as long as short |
| Bulk JTO-USDlong | +0.0100% | 1h | 0.5165 | long leg | $56K | $2K | 10x | |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5161 | −0.077% | $7.1M | $3.8M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5168 | +0.062% | $1.5M | $609K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5161 | −0.077% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5162 | −0.058% | — | $63.5M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5176 | +0.220% | $183K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5163 | −0.039% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5162 | −0.053% | $523K | $854K | 10x | as long as short |
| Hyperliquid JTO | +0.0129% | 1h | 0.5172 | +0.136% | $7.3M | $3.1M | 5x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5165 | −0.004% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTXshort | +0.0320% | 1h | 0.5193 | +0.542% | $57K | $125K | 25x | |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5162 | −0.058% | $640K | $575K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0344% | 1h | 0.5171 | +0.112% | $263K | $498K | 10x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5189 | +0.465% | $373K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0608% | 1h | 0.5169 | +0.085% | $352K | $312K | 25x | as long as short |
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Hyperliquid JTO
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Backpack JTO_USDC_PERP
Phoenix JTO
Kraken Futures PF_JTOUSD