Funding you earn now, next payment 08:00 UTC−0.0741%/8h= −81.1% APRpaid last 24h −0.084%
Price spread now: Variational Omni against Kraken Futures−0.473%7-day average −0.077% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.329%−$33 on $10k
+Price spread, last 4 days (all we have)+0.333%+$33 · spread now −0.473%, 7d avg −0.077%
=Together, before fees+0.004%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Variational Omni is 0.396% cheaper against Kraken Futures than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of −0.077%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_JTOUSD | 0.5119 | 0.0841 | pay 0.0105% / 1h | 11m 29s | $325K | $371K | 25x |
| Short | Variational Omni JTO | 0.5095 | 0.0100 | get 0.0050% / 4h | 11m 29s | $218K | $229K | — |
Kraken Futures PF_JTOUSD
Variational Omni JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Kraken Futures. 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
- −$155.52
- Price spread: −0.473% → −0.077%
- −$39.57
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$205.09
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 26 min ago; Variational Omni: RFQ quote, 27 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 Kraken Futures live order book, 26 min ago | 22.68 bp | 62.2 bp −$62 | 912.4 bp −$9,124 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 27 min ago | 4.93 bp | doesn't fit | 64.1 bp −$641 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit JTO_USDC-PERPETUAL | −0.0336% | 1h | 0.5114 | −0.096% | $13K | $30K | 10x | as long as short |
| Gate JTO_USDT | −0.0031% | 8h | 0.5118 | −0.018% | $887K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5118 | −0.012% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.218% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.851% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0042% | 8h | 0.5115 | −0.067% | $490 | $10 | 5x | as long as short |
| Bybit JTOUSDT | +0.0055% | 4h | 0.5119 | +0.002% | $6.8M | $14.3M | 50x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5120 | +0.011% | $115K | $243K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5124 | +0.101% | $7.0M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5120 | +0.026% | $119K | $230K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Bybit JTOUSDT
Lighter JTO
Hyperliquid JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5115 | −0.069% | $10.8M | $28.6M | 75x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5116 | −0.057% | $3.8M | $9.9M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5073 | −0.889% | $55K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5115 | −0.077% | $6.1M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5120 | +0.013% | $1.5M | $588K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5118 | −0.018% | $2.3M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5117 | −0.037% | — | $8.6M | — | as long as short |
| Variational Omni JTOshort | +0.0100% | 4h | 0.5095 | −0.473% | $218K | $229K | — | |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5120 | +0.021% | $4K | $918 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5114 | −0.104% | $524K | $2.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5117 | −0.042% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0230% | 1h | 0.5121 | +0.039% | $244K | $323K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5108 | −0.213% | $582K | $565K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0464% | 1h | 0.5127 | +0.158% | $58K | $134K | 25x | as long as short |
| Phoenix JTO | +0.0472% | 1h | 0.5118 | −0.018% | $373K | $123K | 5x | as long as short |
| Kraken Futures PF_JTOUSDlong | +0.0841% | 1h | 0.5119 | long leg | $325K | $371K | 25x |
Binance JTOUSDT
OKX JTO-USDT-SWAP
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO