Funding you earn now, next payment 02:00 UTC−0.0629%/8h= −68.9% APRnext payment −$0.79 per $10,000 · paid last 24h −0.136%
Price spread now: Deribit against Bulk−0.079%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$19 a day on $10k at the current rate, and Deribit is 0.079% cheaper against Bulk than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk JTO-USD | 0.5132 | 0.0100 | pay 0.0013% / 1h | 47m 19s | $56K | $15K | 10x |
| Short | Deribit JTO_USDC-PERPETUAL | 0.5128 | −0.0529 | pay 0.0066% / 1h | 47m 19s | $13K | $10K | 10x |
Bulk JTO-USD
Deribit JTO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$132.18
- Price spread: −0.079% → 0.000%
- −$7.89
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$154.07
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Bulk: no order-book sample; Deribit: no order-book sample. 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 Deribit no order-book sample | — | — | — | — | — |
Bulk and 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 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-PERPETUALshort | −0.0529% | 1h | 0.5128 | −0.079% | $13K | $10K | 10x | |
| dYdX JTO-USD | 0.0000% | 1h | 0.5133 | +0.019% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.941% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.099% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0046% | 4h | 0.5127 | −0.098% | $3.9M | $9.4M | 50x | as long as short |
| Gate JTO_USDT | +0.0062% | 8h | 0.5133 | +0.019% | $904K | $1.0M | 75x | as long as short |
| Paradex JTO-USD-PERP | +0.0064% | 8h | 0.5134 | +0.038% | $512 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5130 | −0.040% | $4K | $872 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5137 | +0.096% | $107K | $200K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5137 | +0.097% | $128K | $222K | 10x | as long as short |
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Gate JTO_USDT
Paradex JTO-USD-PERP
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5128 | −0.079% | $11.3M | $27.7M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5131 | −0.020% | $7.5M | $13.6M | 50x | as long as short |
| Bulk JTO-USDlong | +0.0100% | 1h | 0.5132 | long leg | $56K | $15K | 10x | |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5127 | −0.098% | $6.9M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5141 | +0.176% | $1.6M | $577K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5127 | −0.098% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5133 | +0.019% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5142 | +0.194% | $222K | $434K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5138 | +0.110% | $223K | $296K | — | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5127 | −0.100% | $520K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5134 | +0.039% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0264% | 1h | 0.5132 | −0.001% | $59K | $135K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5133 | +0.019% | $622K | $568K | 75x | as long as short |
| Phoenix JTO | +0.0466% | 1h | 0.5145 | +0.252% | $380K | $114K | 5x | as long as short |
| Hyperliquid JTO | +0.0507% | 1h | 0.5143 | +0.217% | $7.2M | $3.0M | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0773% | 1h | 0.5132 | +0.008% | $346K | $308K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Hyperliquid JTO
Kraken Futures PF_JTOUSD