Funding you earn now, next payment 06:00 UTC+0.0831%/8h= +91.0% APRpaid last 24h +0.152%
Price spread now: Variational Omni against Deribit+0.584%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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Variational Omni is 0.584% dearer against Deribit than usual: you sell high and buy low: +$58 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 | 0.5091 | −0.0731 | get 0.0091% / 1h | 33m 36s | $3K | $20K | 10x |
| Short | Variational Omni JTO | 0.5121 | 0.0100 | get 0.0050% / 4h | 2h 33m | $219K | $242K | — |
Deribit JTO_USDC-PERPETUAL
Variational Omni JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $174.54
- Price spread: +0.584% → 0.000%
- $58.35
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $225.89
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Variational Omni: RFQ quote, 15 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 Variational Omni RFQ quote, 15 min ago | 4.82 bp | doesn't fit | 70.3 bp −$703 | 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 | −0.0731% | 1h | 0.5091 | long leg | $3K | $20K | 10x | |
| Gate JTO_USDT | −0.0292% | 8h | 0.5095 | +0.079% | $900K | $1.0M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0013% | 4h | 0.5092 | +0.020% | $3.8M | $9.4M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5098 | +0.142% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.812% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.318% | $31 | $43K | 5.5x | as long as short |
| Bybit JTOUSDT | +0.0035% | 4h | 0.5098 | +0.137% | $6.9M | $14.1M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0086% | 8h | 0.5093 | +0.046% | $488 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5096 | +0.092% | $113K | $229K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5098 | +0.134% | $6.9M | $3.0M | 5x | as long as short |
Gate JTO_USDT
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Bybit JTOUSDT
Paradex JTO-USD-PERP
Lighter JTO
Hyperliquid JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5096 | +0.105% | $121K | $217K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5096 | +0.098% | $11.1M | $27.9M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5125 | +0.668% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5094 | +0.059% | $6.0M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5095 | +0.084% | $1.5M | $609K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5095 | +0.079% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5097 | +0.118% | — | $8.8M | — | as long as short |
| Variational Omni JTOshort | +0.0100% | 4h | 0.5121 | +0.584% | $219K | $242K | — | |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5091 | 0.000% | $3K | $652 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5095 | +0.071% | $512K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5095 | +0.075% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0235% | 1h | 0.5098 | +0.141% | $265K | $309K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5124 | +0.648% | $614K | $532K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5114 | +0.452% | $58K | $134K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5134 | +0.845% | $379K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0485% | 1h | 0.5101 | +0.194% | $329K | $313K | 25x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
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