Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.027%
Price spread now: Variational Omni against dYdX+0.031%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$3 a day on $10k at the current rate, and Variational Omni is 0.031% dearer against dYdX than usual: you sell high and buy low: +$3 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 | dYdX JTO-USD | 0.5170 | 0 | get 0.0000% / 1h | 25m 20s | $4K | $4K | 5x |
| Short | Variational Omni JTO | 0.5172 | 0.0100 | get 0.0050% / 4h | 3h 25m | $224K | $239K | — |
dYdX JTO-USD
Variational Omni JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against dYdX. 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
- $21
- Price spread: +0.031% → 0.000%
- $3.05
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $14.05
- Costs to cover
- 0.100%
- Break-even
- 2.3 days
Slippage unknown: dYdX: no order-book sample; Variational Omni: RFQ quote, 29 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 29 min ago | 5.80 bp | doesn't fit | 73.4 bp −$734 | doesn't fit | doesn't fit |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate JTO_USDT | −0.0361% | 8h | 0.5160 | −0.193% | $896K | $1.0M | 75x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0331% | 1h | 0.5162 | −0.154% | $13K | $10K | 10x | as long as short |
| Bybit JTOUSDT | −0.0241% | 4h | 0.5162 | −0.154% | $7.1M | $14.0M | 50x | as long as short |
| dYdX JTO-USDlong | 0.0000% | 1h | 0.5170 | long leg | $4K | $4K | 5x | |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.149% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.810% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0077% | 4h | 0.5159 | −0.212% | $3.9M | $9.4M | 50x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5164 | −0.115% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5168 | −0.038% | $118K | $227K | 10x | as long as short |
| Paradex JTO-USD-PERP | +0.0099% | 8h | 0.5166 | −0.083% | $516 | — | 5x | as long as short |
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
Bybit JTOUSDT
Reya JTORUSDPERP
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Paradex JTO-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid JTO | +0.0100% | 1h | 0.5173 | +0.068% | $7.0M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5163 | −0.135% | $123K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5161 | −0.173% | $11.3M | $27.6M | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5162 | −0.154% | $6.2M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5170 | +0.001% | $1.5M | $603K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5163 | −0.135% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5164 | −0.115% | — | $27.6M | — | as long as short |
| Variational Omni JTOshort | +0.0100% | 4h | 0.5172 | +0.031% | $224K | $239K | — | |
| Bulk JTO-USD | +0.0100% | 1h | 0.5145 | −0.483% | $56K | $17K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5162 | −0.163% | $522K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5165 | −0.090% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0310% | 1h | 0.5183 | +0.252% | $383K | $114K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5161 | −0.173% | $613K | $522K | 75x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0378% | 1h | 0.5168 | −0.035% | $335K | $312K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5182 | +0.233% | $59K | $136K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.0717% | 1h | 0.5177 | +0.134% | $266K | $311K | 10x | as long as short |
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Phoenix JTO
BloFin JTO-USDT
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP