Settings8H · net · $10k
Funding arb · Price arb /

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.1171%/8h= −128.3% APRnext payment $1.46 per $10,000 · paid last 24h −0.230%
Price spread now: Deribit against Coinbase International−0.411%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and Deribit is 0.411% cheaper against Coinbase International than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International JTO-PERP-INTX0.51110.0440pay 0.0055% / 1h27m 32s$57K$134K25x
ShortDeribit JTO_USDC-PERPETUAL0.5090−0.0731pay 0.0091% / 1h27m 32s$3K$20K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Coinbase International. 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

Funding earned
−$245.98
Price spread: −0.411% → 0.000%
−$41.09
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$304.07
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 20 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 20 min ago18.39 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit JTO_USDC-PERPETUALshort−0.0731%1h0.5090−0.411%$3K$20K10x
Gate JTO_USDT−0.0281%8h0.5096−0.293%$898K$1.0M75xas long as short
OKX JTO-USDT-SWAP−0.0008%4h0.5088−0.450%$3.8M$9.4M50xas long as short
dYdX JTO-USD0.0000%1h0.5098−0.252%$4K$4K5xas long as short
Bybit JTOUSDT0.0000%4h0.5090−0.411%$6.9M$14.1M50xas long as short
Reya JTORUSDPERP0.0000%1h0.5540+8.388%as long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−2.700%$31$43K5.5xas long as short
Paradex JTO-USD-PERP+0.0077%8h0.5095−0.316%$488$105xas long as short
Lighter JTO+0.0096%1h0.5100−0.207%$113K$229K10xas long as short
Hyperliquid JTO+0.0100%1h0.5101−0.192%$6.9M$3.0M5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster JTOUSDT+0.0100%4h0.5093−0.352%$120K$219K10xas long as short
Binance JTOUSDT+0.0100%4h0.5093−0.352%$11.0M$27.9M75xas long as short
MEXC JTO_USDT+0.0100%4h0.5091−0.391%$6.0M$3.5M50xas long as short
KuCoin JTOUSDTM+0.0100%4h0.5095−0.307%$1.5M$610K20xas long as short
Bitget JTOUSDT+0.0100%4h0.5093−0.352%$2.4M$2.3M50xas long as short
BingX JTO-USDT+0.0100%4h0.5094−0.333%$8.8Mas long as short
Backpack JTO_USDC_PERP+0.0100%1h0.5100−0.219%$265K$308K10xas long as short
Variational Omni JTO+0.0100%4h0.5079−0.622%$218K$242Kas long as short
Orderly PERP_JTO_USDC_mythos+0.0100%4h0.5091−0.391%$3K$65210xas long as short
Bulk JTO-USD+0.0100%1h0.5084−0.528%$55K$2K10xas long as short
Extended JTO-USD+0.0104%1h0.5093−0.359%$512K$2.2M10xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0224% / S −0.2181%1h0.5094−0.334%$2K50xas long as short
BloFin JTO-USDT+0.0340%4h0.5097−0.274%$606K$529K75xas long as short
Coinbase International JTO-PERP-INTXlong+0.0440%1h0.5111long leg$57K$134K25x
Phoenix JTO+0.0464%1h0.5108−0.059%$377K$118K5xas long as short
Kraken Futures PF_JTOUSD+0.0485%1h0.5101−0.190%$327K$330K25xas long as short