JTO

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−2.160%

7d average—if it closes, per $10,000$216funding while held, a day−$9.77

Long on Kraken Futures Short on Injective

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_JTOUSD	0.5083	0.0359	pay 0.0045% / 1h	8m 53s	$342K	$306K	25x
Short	Injective JTO/USDC PERP	0.4973	0.0033	get 0.0004% / 1h	8m 53s	$31	$43K	5.5x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee Kraken FuturesbpFee InjectivebpOrdersClose when spread is

Spread captured: −$215.99
Funding while held: −$9.77
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$235.77
Spread needed to break even: 0.100%

Slippage unknown: Kraken Futures: live order book, 25 min ago; Injective: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0326%
Per $10,000 a day: −$9.77
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, 25 min ago	6.96 bp	49.5 bp −$50	151.4 bp −$1,514	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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.

JTO on 26 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective JTO/USDC PERPshort	−2.160%	+0.0033%	1h	$31	$43K	5.5x
Variational Omni JTO	−0.740%	+0.0100%	4h	$178K	$260K	—	as long as short
Bulk JTO-USD	−0.645%	+0.0056%	1h	$55K	$1K	10x	as long as short
Phoenix JTO	−0.507%	+0.0479%	1h	$364K	$277K	5x	as long as short
Paradex JTO-USD-PERP	−0.339%	−0.0024%	8h	$506	—	5x	as long as short
BloFin JTO-USDT	−0.291%	+0.0340%	4h	$655K	$550K	75x	as long as short
dYdX JTO-USD	−0.251%	0.0000%	1h	$4K	$4K	5x	as long as short
Coinbase International JTO-PERP-INTX	−0.173%	+0.0352%	1h	$56K	$130K	25x	as long as short
OKX JTO-USDT-SWAP	−0.153%	−0.0154%	4h	$3.9M	$9.9M	50x	as long as short
Orderly PERP_JTO_USDC_mythos	−0.153%	+0.0100%	4h	$4K	$3K	10x	as long as short

Show all 26 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Gate JTO_USDT	−0.133%	−0.0015%	8h	$929K	$1.6M	75x	as long as short
Deribit JTO_USDC-PERPETUAL	−0.133%	0.0000%	1h	$22K	$561	10x	as long as short
Extended JTO-USD	−0.121%	+0.0104%	1h	$505K	$844K	10x	as long as short
MEXC JTO_USDT	−0.114%	+0.0100%	4h	$7.3M	$4.1M	50x	as long as short
Binance JTOUSDT	−0.113%	+0.0100%	4h	$11.5M	$28.3M	75x	as long as short
BingX JTO-USDT	−0.094%	+0.0100%	4h	—	$63.7M	—	as long as short
GMX JTO/USD [WBTC.b-USDC]	−0.089%	L +0.0223% / S −0.2181%	1h	$2K	—	50x	as long as short
Lighter JTO	−0.078%	+0.0096%	1h	$104K	$176K	10x	as long as short
Bybit JTOUSDT	−0.074%	−0.0031%	4h	$7.4M	$12.9M	50x	as long as short
Bitget JTOUSDT	−0.074%	+0.0100%	4h	$2.5M	$2.5M	50x	as long as short
KuCoin JTOUSDTM	−0.072%	+0.0100%	4h	$1.3M	$450K	20x	as long as short
Aster JTOUSDT	−0.031%	+0.0100%	4h	$171K	$190K	10x	as long as short
Kraken Futures PF_JTOUSDlong	0.000%	+0.0359%	1h	$342K	$306K	25x
Backpack JTO_USDC_PERP	+0.065%	+0.0436%	1h	$261K	$550K	10x	as long as short
Hyperliquid JTO	+0.114%	+0.0100%	1h	$7.2M	$3.6M	5x	as long as short
Reya JTORUSDPERP	+8.983%	0.0000%	1h	—	—	—	as long as short