JTO

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0434%/8h= +47.5% APRnext payment +$0.54 per $10,000 · paid last 24h +0.136%

Price spread now: Bulk against Deribit−0.048%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Bulk

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Bulk is 0.048% cheaper against Deribit than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$13 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit JTO_USDC-PERPETUAL	0.5134	−0.0334	get 0.0042% / 1h	48m 14s	$13K	$10K	10x
Short	Bulk JTO-USD	0.5132	0.0100	get 0.0013% / 1h	48m 14s	$63K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against Deribit. 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 DeribitbpFee BulkbpOrdersPrice spread, now −0.048%Rate

Funding earned: $91.15
Price spread: −0.048% → 0.000%: −$4.78
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: $72.37
Costs to cover: 0.140%
Break-even: 1.4 days

Slippage unknown: Deribit: no order-book sample; Bulk: 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 Deribit no order-book sample	—	—	—	—	—
Sell Bulk no order-book sample	—	—	—	—	—

Deribit and 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-PERPETUALlong	−0.0334%	1h	0.5134	long leg	$13K	$10K	10x
dYdX JTO-USD	0.0000%	1h	0.5146	+0.234%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5540	+7.899%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−3.136%	$31	$43K	5.5x	as long as short
OKX JTO-USDT-SWAP	+0.0042%	4h	0.5136	+0.039%	$3.9M	$9.4M	50x	as long as short
Paradex JTO-USD-PERP	+0.0063%	8h	0.5136	+0.030%	$513	—	5x	as long as short
Gate JTO_USDT	+0.0087%	8h	0.5136	+0.039%	$904K	$1.0M	75x	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0094%	4h	0.5133	−0.019%	$4K	$872	10x	as long as short
Lighter JTO	+0.0096%	1h	0.5144	+0.205%	$108K	$200K	10x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5138	+0.074%	$150K	$222K	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	0.5137	+0.058%	$11.3M	$27.7M	75x	as long as short
Bybit JTOUSDT	+0.0100%	4h	0.5141	+0.136%	$7.5M	$13.6M	50x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5137	+0.058%	$6.9M	$3.5M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5142	+0.156%	$1.6M	$577K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5141	+0.136%	$2.5M	$2.4M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5137	+0.058%	—	$68.0M	—	as long as short
Backpack JTO_USDC_PERP	+0.0100%	1h	0.5142	+0.156%	$222K	$434K	10x	as long as short
Variational Omni JTO	+0.0100%	4h	0.5138	+0.072%	$223K	$296K	—	as long as short
Bulk JTO-USDshort	+0.0100%	1h	0.5132	−0.048%	$63K	$8K	10x
Extended JTO-USD	+0.0104%	1h	0.5130	−0.084%	$520K	$1.7M	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5133	−0.017%	$2K	—	50x	as long as short
Coinbase International JTO-PERP-INTX	+0.0264%	1h	0.5139	+0.097%	$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	+0.214%	$380K	$114K	5x	as long as short
Hyperliquid JTO	+0.0498%	1h	0.5151	+0.341%	$7.2M	$3.0M	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0772%	1h	0.5140	+0.120%	$347K	$308K	25x	as long as short