After costs, if the gap returns to its 7d average, $10k−$202
spread now−0.653%7d average+0.040%fees + slippage, in and out−$133spread needed1.331%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_JTOUSD | 0.5172 | 0.0452 | pay 0.0057% / 1h | 44m 12s | $341K | $271K | 25x |
| Short | Phoenix JTO | 0.5138 | 0.0310 | get 0.0039% / 1h | 44m 12s | $380K | $274K | 5x |
Kraken Futures PF_JTOUSD
Phoenix JTOPrice 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
- −$65.35
- Funding while held
- −$4.28
- Slippage, 4 orders
- −$116.08
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$202.71
- Spread needed to break even
- 1.331%
Slippage from Kraken Futures: live order book, 65 min ago; Phoenix: live order book, 64 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0143%
- Per $10,000 a day
- −$4.28
- 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, 65 min ago | 21.41 bp | 47.5 bp −$47 | 266.7 bp −$2,667 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 64 min ago | 1.95 bp | 21.0 bp −$21 | 60.0 bp −$600 | doesn't fit | doesn't fit |
JTO price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4973cheapestVariational Omni0.5118+2.910%Bulk0.5134+3.237%
Injective
Variational Omni
BulkPhoenix0.5138+3.318%
BloFin0.5153+3.620%Coinbase International0.5157+3.700%Paradex0.5159+3.749%OKX0.5162+3.801%Gate0.5162+3.801%Extended0.5163+3.825%Binance0.5164+3.841%KuCoin0.5164+3.843%MEXC0.5165+3.861%BingX0.5166+3.881%Aster0.5166+3.885%dYdX0.5167+3.901%Bitget0.5167+3.901%Orderly0.5167+3.901%Deribit0.5167+3.901%Bybit0.5168+3.921%GMX0.5170+3.958%
BloFin
Coinbase International
Paradex
OKX
Gate
Extended
Binance
KuCoin
MEXC
BingX
Aster
dYdX
Bitget
Orderly
Deribit
Bybit
GMXKraken Futures0.5172+3.998%
Lighter0.5174+4.046%Backpack0.5175+4.058%Hyperliquid0.5176+4.081%
Lighter
Backpack
HyperliquidReya0.5539+11.390%
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 | −3.844% | +0.0033% | 1h | $31 | $43K | 5.5x | as long as short |
| Variational Omni JTO | −1.045% | +0.0100% | 4h | $212K | $275K | — | as long as short |
| Bulk JTO-USD | −0.731% | +0.0078% | 1h | $55K | $737 | 10x | as long as short |
| Phoenix JTOshort | −0.653% | +0.0310% | 1h | $380K | $274K | 5x | |
| BloFin JTO-USDT | −0.363% | +0.0340% | 4h | $688K | $584K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | −0.286% | +0.0288% | 1h | $58K | $141K | 25x | as long as short |
| Paradex JTO-USD-PERP | −0.239% | −0.0017% | 8h | $515 | — | 5x | as long as short |
| OKX JTO-USDT-SWAP | −0.189% | +0.0081% | 4h | $4.0M | $10.7M | 50x | as long as short |
| Gate JTO_USDT | −0.189% | −0.1172% | 8h | $966K | $1.6M | 75x | as long as short |
| Extended JTO-USD | −0.166% | +0.0104% | 1h | $513K | $844K | 10x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | −0.151% | +0.0100% | 4h | $11.9M | $30.3M | 75x | as long as short |
| KuCoin JTOUSDTM | −0.149% | +0.0100% | 4h | $1.3M | $563K | 20x | as long as short |
| MEXC JTO_USDT | −0.131% | +0.0100% | 4h | $7.1M | $4.5M | 50x | as long as short |
| BingX JTO-USDT | −0.112% | +0.0100% | 4h | — | $63.5M | — | as long as short |
| Aster JTOUSDT | −0.108% | +0.0100% | 4h | $175K | $221K | 10x | as long as short |
| dYdX JTO-USD | −0.093% | 0.0000% | 1h | $4K | $4K | 5x | as long as short |
| Bitget JTOUSDT | −0.093% | +0.0100% | 4h | $2.7M | $2.4M | 50x | as long as short |
| Orderly PERP_JTO_USDC_mythos | −0.093% | +0.0100% | 4h | $4K | $4K | 10x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.093% | −0.0330% | 1h | $23K | $815 | 10x | as long as short |
| Bybit JTOUSDT | −0.073% | +0.0100% | 4h | $7.6M | $12.6M | 50x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | −0.038% | L +0.0224% / S −0.2181% | 1h | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSDlong | 0.000% | +0.0452% | 1h | $341K | $271K | 25x | |
| Lighter JTO | +0.046% | +0.0096% | 1h | $123K | $163K | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.058% | +0.0100% | 1h | $268K | $581K | 10x | as long as short |
| Hyperliquid JTO | +0.081% | +0.0100% | 1h | $7.3M | $4.2M | 5x | as long as short |
| Reya JTORUSDPERP | +7.108% | 0.0000% | 1h | — | — | — | as long as short |