Funding you earn now, next payment 10:00 UTC+0.0496%/8h= +54.4% APRpaid last 24h +0.116%
Price spread now: Kraken Futures against Paradex+0.218%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Kraken Futures is 0.218% dearer against Paradex than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex JTO-USD-PERP | 0.5096 | 0.0046 | pay 0.0046% / 8h | 6h 57m | $488 | $10 | 5x |
| Short | Kraken Futures PF_JTOUSD | 0.5107 | 0.0542 | get 0.0068% / 1h | 57m 39s | $338K | $378K | 25x |
Paradex JTO-USD-PERP
Kraken Futures PF_JTOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Paradex. 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
- $104.25
- Price spread: +0.218% → 0.000%
- $21.82
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $112.07
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Kraken Futures: live order book, 35 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 35 min ago | 26.75 bp | 33.4 bp −$33 | 127.9 bp −$1,279 | doesn't fit | doesn't fit |
Paradex: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit JTO_USDC-PERPETUAL | −0.0534% | 1h | 0.5100 | +0.074% | $13K | $30K | 10x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5097 | +0.016% | $3K | $5K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.699% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.418% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERPlong | +0.0046% | 8h | 0.5096 | long leg | $488 | $10 | 5x | |
| Lighter JTO | +0.0096% | 1h | 0.5102 | +0.122% | $114K | $218K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5101 | +0.102% | $6.9M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5096 | −0.013% | $119K | $233K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5095 | −0.024% | $10.7M | $27.4M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5094 | −0.043% | $6.7M | $13.8M | 50x | as long as short |
Deribit JTO_USDC-PERPETUAL
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5092 | −0.083% | $3.7M | $9.7M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5112 | +0.309% | $55K | −$0 | 10x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.5099 | +0.055% | $884K | $870K | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5096 | −0.004% | $6.1M | $3.2M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5099 | +0.055% | $1.4M | $613K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5095 | −0.024% | $2.3M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5093 | −0.063% | — | $8.5M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5104 | +0.154% | $218K | $229K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5103 | +0.133% | $4K | $918 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5091 | −0.110% | $524K | $2.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5112 | +0.308% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0313% | 1h | 0.5123 | +0.526% | $362K | $123K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5105 | +0.173% | $577K | $555K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0464% | 1h | 0.5110 | +0.271% | $58K | $132K | 25x | as long as short |
| Kraken Futures PF_JTOUSDshort | +0.0542% | 1h | 0.5107 | +0.218% | $338K | $378K | 25x | |
| Backpack JTO_USDC_PERP | +0.0574% | 1h | 0.5103 | +0.133% | $243K | $324K | 10x | as long as short |
OKX JTO-USDT-SWAP
Bulk JTO-USD
Gate JTO_USDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Phoenix JTO
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP