Funding you earn now, next payment 08:00 UTC+0.0609%/8h= +66.7% APRpaid last 24h +0.116%
Price spread now: Paradex against Deribit+0.039%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
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Paradex is 0.039% dearer against Deribit than usual: you sell high and buy low: +$4 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 | 0.5062 | −0.0540 | get 0.0067% / 1h | 35m 25s | $12K | $30K | 10x |
| Short | Paradex JTO-USD-PERP | 0.5064 | 0.0070 | get 0.0070% / 8h | 35m 25s | $485 | $10 | 5x |
Deribit JTO_USDC-PERPETUAL
Paradex JTO-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $127.91
- Price spread: +0.039% → 0.000%
- $3.92
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $120.83
- Costs to cover
- 0.110%
- Break-even
- 0.4 days
Slippage unknown: Deribit: no order-book sample; Paradex: 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 Paradex no order-book sample | — | — | — | — | — |
Deribit and Paradex: 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 | −0.0540% | 1h | 0.5062 | long leg | $12K | $30K | 10x | |
| Gate JTO_USDT | −0.0054% | 8h | 0.5066 | +0.079% | $878K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5063 | +0.021% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +9.432% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −1.758% | $31 | $43K | 5.5x | as long as short |
| Bybit JTOUSDT | +0.0046% | 4h | 0.5062 | 0.000% | $6.7M | $14.3M | 50x | as long as short |
| Paradex JTO-USD-PERPshort | +0.0070% | 8h | 0.5064 | +0.039% | $485 | $10 | 5x | |
| Lighter JTO | +0.0096% | 1h | 0.5069 | +0.138% | $113K | $243K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5070 | +0.162% | $6.9M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5068 | +0.112% | $118K | $228K | 10x | as long as short |
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Bybit JTOUSDT
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 | 0.5060 | −0.033% | $10.7M | $28.8M | 75x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5062 | 0.000% | $3.7M | $9.7M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5083 | +0.415% | $55K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5062 | 0.000% | $6.0M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5070 | +0.152% | $1.5M | $588K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5064 | +0.040% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5061 | −0.020% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5058 | −0.079% | $216K | $235K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5063 | +0.020% | $4K | $918 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5060 | −0.038% | $519K | $2.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5066 | +0.078% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0274% | 1h | 0.5069 | +0.128% | $242K | $325K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5062 | 0.000% | $583K | $560K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0464% | 1h | 0.5078 | +0.316% | $57K | $132K | 25x | as long as short |
| Phoenix JTO | +0.0472% | 1h | 0.5073 | +0.217% | $369K | $123K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0849% | 1h | 0.5071 | +0.177% | $321K | $369K | 25x | as long as short |
Binance JTOUSDT
OKX JTO-USDT-SWAP
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD