Settings8H · net · $10k
Funding arb · Price arb /

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0381%/8h= +41.7% APRpaid last 24h +0.063%
Price spread now: Kraken Futures against Orderly+0.286%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Kraken Futures is 0.286% dearer against Orderly than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_JTO_USDC_mythos0.51370.0100pay 0.0050% / 4h2h 04m$4K$65210x
ShortKraken Futures PF_JTOUSD0.51520.0481get 0.0060% / 1h4m 56s$344K$347K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Orderly. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$79.93
Price spread: +0.286% → 0.000%
$28.56
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$92.49
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; Kraken Futures: live order book, 43 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Kraken Futures live order book, 43 min ago26.13 bp51.2 bp −$51263.0 bp −$2,630doesn't fitdoesn't fit
Orderly: 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 on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate JTO_USDT−0.0203%8h0.5140+0.058%$904K$1.0M75xas long as short
Deribit JTO_USDC-PERPETUAL−0.0139%1h0.5136−0.019%$13K$30K10xas long as short
dYdX JTO-USD0.0000%1h0.5143+0.117%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5540+7.839%as long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−3.193%$31$43K5.5xas long as short
OKX JTO-USDT-SWAP+0.0066%4h0.5136−0.019%$3.8M$9.6M50xas long as short
Paradex JTO-USD-PERP+0.0083%8h0.5137+0.004%$492$105xas long as short
Lighter JTO+0.0096%1h0.5145+0.164%$116K$234K10xas long as short
Hyperliquid JTO+0.0100%1h0.5147+0.189%$7.0M$3.0M5xas long as short
Aster JTOUSDT+0.0100%4h0.5141+0.073%$122K$220K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance JTOUSDT+0.0100%4h0.5136−0.027%$11.1M$28.0M75xas long as short
Bybit JTOUSDT+0.0100%4h0.5135−0.039%$7.0M$14.2M50xas long as short
MEXC JTO_USDT+0.0100%4h0.51370.000%$6.0M$3.6M50xas long as short
KuCoin JTOUSDTM+0.0100%4h0.5139+0.035%$1.5M$613K20xas long as short
Bitget JTOUSDT+0.0100%4h0.5138+0.019%$2.4M$2.3M50xas long as short
BingX JTO-USDT+0.0100%4h0.5139+0.039%$8.6Mas long as short
Variational Omni JTO+0.0100%4h0.5153+0.304%$221K$241Kas long as short
Orderly PERP_JTO_USDC_mythoslong+0.0100%4h0.5137long leg$4K$65210x
Bulk JTO-USD+0.0100%1h0.5140+0.063%$56K$2K10xas long as short
Extended JTO-USD+0.0104%1h0.5136−0.027%$518K$2.2M10xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0224% / S −0.2181%1h0.5137+0.002%$2K50xas long as short
Backpack JTO_USDC_PERP+0.0260%1h0.5145+0.148%$264K$307K10xas long as short
BloFin JTO-USDT+0.0340%4h0.5149+0.234%$603K$543K75xas long as short
Coinbase International JTO-PERP-INTX+0.0440%1h0.5159+0.428%$59K$133K25xas long as short
Phoenix JTO+0.0464%1h0.5148+0.214%$380K$118K5xas long as short
Kraken Futures PF_JTOUSDshort+0.0481%1h0.5152+0.286%$344K$347K25x