After costs, if the gap returns to its 7d average, $10k−$109
spread now+0.017%7d average+0.033%fees + slippage, in and out−$108spread needed1.075%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_JTOUSD | 0.5134 | 0.0456 | pay 0.0057% / 1h | 16m 09s | $338K | $267K | 25x |
| Short | Backpack JTO_USDC_PERP | 0.5134 | 0.0100 | get 0.0013% / 1h | 16m 09s | $265K | $581K | 10x |
Kraken Futures PF_JTOUSD
Backpack JTO_USDC_PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $1.74
- Funding while held
- −$10.67
- Slippage, 4 orders
- −$87.53
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$116.46
- Spread needed to break even
- 1.075%
Slippage from Kraken Futures: live order book, 28 min ago; Backpack: live order book, 29 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0356%
- Per $10,000 a day
- −$10.67
- Average in range /8h
- —
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 Kraken Futures live order book, 28 min ago | 25.13 bp | 46.4 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 29 min ago | 0.10 bp | 10.0 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
JTO price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4973cheapestBloFin0.5104+2.634%Phoenix0.5112+2.795%Variational Omni0.5113+2.819%Paradex0.5120+2.955%OKX0.5121+2.976%KuCoin0.5123+3.016%Binance0.5124+3.036%MEXC0.5125+3.057%Gate0.5126+3.077%Bybit0.5127+3.097%Coinbase International0.5127+3.097%Extended0.5127+3.104%BingX0.5128+3.117%Orderly0.5129+3.137%Deribit0.5129+3.137%dYdX0.5130+3.164%Aster0.5131+3.184%Bitget0.5132+3.197%
Injective
BloFin
Phoenix
Variational Omni
Paradex
OKX
KuCoin
Binance
MEXC
Gate
Bybit
Coinbase International
Extended
BingX
Orderly
Deribit
dYdX
Aster
BitgetKraken Futures0.5134+3.230%
Backpack0.5134+3.248%
Hyperliquid0.5135+3.250%GMX0.5135+3.250%Lighter0.5136+3.280%Bulk0.5144+3.429%
Hyperliquid
GMX
Lighter
BulkReya0.5539+11.374%
ReyaJTO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective JTO/USDC PERP | −3.129% | +0.0033% | 1h | $31 | $43K | 5.5x | as long as short |
| BloFin JTO-USDT | −0.577% | +0.0340% | 4h | $506K | $557K | 75x | as long as short |
| Phoenix JTO | −0.421% | +0.0310% | 1h | $368K | $274K | 5x | as long as short |
| Variational Omni JTO | −0.398% | +0.0100% | 4h | $201K | $267K | — | as long as short |
| Paradex JTO-USD-PERP | −0.266% | −0.0015% | 8h | $511 | — | 5x | as long as short |
| OKX JTO-USDT-SWAP | −0.246% | +0.0062% | 4h | $3.9M | $10.5M | 50x | as long as short |
| KuCoin JTOUSDTM | −0.207% | +0.0100% | 4h | $1.3M | $554K | 20x | as long as short |
| Binance JTOUSDT | −0.187% | +0.0100% | 4h | $11.7M | $30.0M | 75x | as long as short |
| MEXC JTO_USDT | −0.168% | +0.0100% | 4h | $7.0M | $4.5M | 50x | as long as short |
| Gate JTO_USDT | −0.148% | −0.0784% | 8h | $944K | $1.7M | 75x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | −0.129% | +0.0100% | 4h | $7.6M | $12.5M | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | −0.129% | +0.0288% | 1h | $58K | $141K | 25x | as long as short |
| Extended JTO-USD | −0.122% | +0.0104% | 1h | $510K | $844K | 10x | as long as short |
| BingX JTO-USDT | −0.109% | +0.0100% | 4h | — | $63.5M | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | −0.090% | +0.0100% | 4h | $4K | $4K | 10x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.090% | −0.0335% | 1h | $23K | $561 | 10x | as long as short |
| dYdX JTO-USD | −0.063% | 0.0000% | 1h | $4K | $4K | 5x | as long as short |
| Aster JTOUSDT | −0.044% | +0.0100% | 4h | $173K | $221K | 10x | as long as short |
| Bitget JTOUSDT | −0.031% | +0.0100% | 4h | $2.6M | $2.4M | 50x | as long as short |
| Kraken Futures PF_JTOUSDlong | 0.000% | +0.0456% | 1h | $338K | $267K | 25x | |
| Backpack JTO_USDC_PERPshort | +0.017% | +0.0100% | 1h | $265K | $581K | 10x | |
| Hyperliquid JTO | +0.019% | +0.0100% | 1h | $7.3M | $4.2M | 5x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | +0.020% | L +0.0224% / S −0.2181% | 1h | $2K | — | 50x | as long as short |
| Lighter JTO | +0.049% | +0.0096% | 1h | $116K | $169K | 10x | as long as short |
| Bulk JTO-USD | +0.193% | +0.0016% | 1h | $56K | $737 | 10x | as long as short |
| Reya JTORUSDPERP | +7.890% | 0.0000% | 1h | — | — | — | as long as short |