Funding you earn now, next payment 02:00 UTC+0.0862%/8h= +94.4% APRnext payment +$1.08 per $10,000 · paid last 24h +0.221%
Price spread now: Coinbase International against Deribit+0.932%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 +$26 a day on $10k at the current rate, and Coinbase International is 0.932% dearer against Deribit than usual: you sell high and buy low: +$93 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 | Deribit JTO_USDC-PERPETUAL | 0.5149 | −0.0526 | get 0.0066% / 1h | 8m 14s | $13K | $10K | 10x |
| Short | Coinbase International JTO-PERP-INTX | 0.5197 | 0.0336 | get 0.0042% / 1h | 8m 14s | $60K | $135K | 25x |
Deribit JTO_USDC-PERPETUAL
Coinbase International JTO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Deribit. 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
- $181.07
- Price spread: +0.932% → 0.000%
- $93.22
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $257.29
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 55 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 55 min ago | 19.41 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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-PERPETUALlong | −0.0526% | 1h | 0.5149 | long leg | $13K | $10K | 10x | |
| Gate JTO_USDT | −0.0373% | 8h | 0.5145 | −0.078% | $895K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5150 | +0.013% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.583% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.418% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0082% | 8h | 0.5149 | +0.008% | $514 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5149 | 0.000% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5154 | +0.103% | $118K | $228K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5155 | +0.120% | $7.0M | $3.2M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5152 | +0.062% | $126K | $219K | 10x | as long as short |
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Hyperliquid 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 | 0.5148 | −0.025% | $11.3M | $27.3M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5150 | +0.019% | $7.3M | $13.9M | 50x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5144 | −0.097% | $3.9M | $9.3M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5148 | −0.019% | $6.7M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5154 | +0.099% | $1.6M | $586K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5149 | 0.000% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5148 | −0.019% | — | $68.0M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5155 | +0.126% | $223K | $288K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5172 | +0.438% | $56K | $15K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5147 | −0.041% | $518K | $1.7M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0150% | 1h | 0.5155 | +0.115% | $267K | $325K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5150 | +0.027% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTXshort | +0.0336% | 1h | 0.5197 | +0.932% | $60K | $135K | 25x | |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5152 | +0.058% | $624K | $505K | 75x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5171 | +0.427% | $382K | $110K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0676% | 1h | 0.5153 | +0.072% | $338K | $316K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
OKX JTO-USDT-SWAP
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD