Spread before costs (cost unknown: a leg has no order-book sample)−0.188%
7d average—if it closes, per $10,000$19funding while held, a day−$44.47
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_JTOUSD | 0.5127 | 0.0951 | pay 0.0119% / 1h | 38m 40s | $339K | $277K | 25x |
| Short | Deribit JTO_USDC-PERPETUAL | 0.5117 | −0.0531 | pay 0.0066% / 1h | 38m 40s | $23K | $1K | 10x |
Kraken Futures PF_JTOUSD
Deribit JTO_USDC-PERPETUALPrice 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
- −$18.77
- Funding while held
- −$44.47
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$80.24
- Spread needed to break even
- 0.170%
Slippage unknown: Kraken Futures: live order book, 11 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1482%
- Per $10,000 a day
- −$44.47
- 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, 11 min ago | 21.41 bp | 47.5 bp −$47 | 266.7 bp −$2,667 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4973cheapestVariational Omni0.5105+2.645%BingX0.5106+2.674%Gate0.5107+2.695%Extended0.5107+2.695%OKX0.5111+2.775%BloFin0.5111+2.775%Paradex0.5112+2.794%Bitget0.5113+2.815%Binance0.5114+2.828%MEXC0.5114+2.835%KuCoin0.5115+2.855%Bybit0.5116+2.876%dYdX0.5117+2.896%
Injective
Variational Omni
BingX
Gate
Extended
OKX
BloFin
Paradex
Bitget
Binance
MEXC
KuCoin
Bybit
dYdXDeribit0.5117+2.896%
Orderly0.5118+2.916%Aster0.5119+2.940%GMX0.5123+3.011%Lighter0.5125+3.052%Backpack0.5125+3.059%Hyperliquid0.5125+3.067%
Orderly
Aster
GMX
Lighter
Backpack
HyperliquidKraken Futures0.5127+3.089%
Bulk0.5130+3.157%Phoenix0.5130+3.157%Coinbase International0.5139+3.338%
Bulk
Phoenix
Coinbase InternationalReya0.5539+11.379%
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 | −2.997% | +0.0033% | 1h | $31 | $43K | 5.5x | as long as short |
| Variational Omni JTO | −0.431% | +0.0100% | 4h | $215K | $224K | — | as long as short |
| BingX JTO-USDT | −0.402% | +0.0100% | 4h | — | $65.7M | — | as long as short |
| Gate JTO_USDT | −0.383% | −0.0104% | 8h | $966K | $1.7M | 75x | as long as short |
| Extended JTO-USD | −0.382% | +0.0104% | 1h | $510K | $844K | 10x | as long as short |
| OKX JTO-USDT-SWAP | −0.305% | +0.0100% | 4h | $3.9M | $10.6M | 50x | as long as short |
| BloFin JTO-USDT | −0.305% | +0.0340% | 4h | $698K | $575K | 75x | as long as short |
| Paradex JTO-USD-PERP | −0.287% | +0.0048% | 8h | $510 | — | 5x | as long as short |
| Bitget JTOUSDT | −0.266% | +0.0100% | 4h | $2.6M | $2.4M | 50x | as long as short |
| Binance JTOUSDT | −0.253% | +0.0100% | 4h | $11.9M | $30.2M | 75x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC JTO_USDT | −0.246% | +0.0100% | 4h | $7.3M | $4.5M | 50x | as long as short |
| KuCoin JTOUSDTM | −0.227% | +0.0100% | 4h | $1.3M | $553K | 20x | as long as short |
| Bybit JTOUSDT | −0.207% | +0.0100% | 4h | $7.7M | $12.3M | 50x | as long as short |
| dYdX JTO-USD | −0.188% | 0.0000% | 1h | $4K | $4K | 5x | as long as short |
| Deribit JTO_USDC-PERPETUALshort | −0.188% | −0.0531% | 1h | $23K | $1K | 10x | |
| Orderly PERP_JTO_USDC_mythos | −0.168% | +0.0100% | 4h | $4K | $5K | 10x | as long as short |
| Aster JTOUSDT | −0.144% | +0.0100% | 4h | $173K | $224K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | −0.076% | L +0.0224% / S −0.2181% | 1h | $2K | — | 50x | as long as short |
| Lighter JTO | −0.036% | +0.0096% | 1h | $118K | $167K | 10x | as long as short |
| Backpack JTO_USDC_PERP | −0.030% | +0.1208% | 1h | $311K | $550K | 10x | as long as short |
| Hyperliquid JTO | −0.022% | +0.0100% | 1h | $7.3M | $4.4M | 5x | as long as short |
| Kraken Futures PF_JTOUSDlong | 0.000% | +0.0951% | 1h | $339K | $277K | 25x | |
| Bulk JTO-USD | +0.066% | +0.0100% | 1h | $55K | $737 | 10x | as long as short |
| Phoenix JTO | +0.066% | +0.0469% | 1h | $384K | $270K | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.241% | +0.0352% | 1h | $59K | $136K | 25x | as long as short |
| Reya JTORUSDPERP | +8.041% | 0.0000% | 1h | — | — | — | as long as short |