After costs, if the gap returns to its 7d average, $10k−$65
spread now−0.050%7d average−0.026%fees + slippage, in and out−$62spread needed0.620%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix JTO | 0.5164 | 0.0310 | pay 0.0039% / 1h | 26m 35s | $382K | $274K | 5x |
| Short | Backpack JTO_USDC_PERP | 0.5161 | 0.0139 | get 0.0017% / 1h | 26m 35s | $265K | $581K | 10x |
Price 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
- −$5.03
- Funding while held
- −$5.13
- Slippage, 4 orders
- −$45.04
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$72.21
- Spread needed to break even
- 0.620%
Slippage from Phoenix: live order book, 16 min ago; Backpack: live order book, 19 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0171%
- Per $10,000 a day
- −$5.13
- 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 Phoenix live order book, 16 min ago | 1.93 bp | 20.7 bp −$21 | 68.2 bp −$682 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 19 min ago | 0.10 bp | 10.0 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
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 PERP | −3.699% | +0.0033% | 1h | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | −0.387% | +0.0061% | 4h | $4.0M | $10.5M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.363% | −0.0016% | 8h | $513 | — | 5x | as long as short |
| Extended JTO-USD | −0.345% | +0.0104% | 1h | $513K | $844K | 10x | as long as short |
| Gate JTO_USDT | −0.329% | −0.0796% | 8h | $957K | $1.7M | 75x | as long as short |
| BingX JTO-USDT | −0.329% | +0.0100% | 4h | — | $63.5M | — | as long as short |
| MEXC JTO_USDT | −0.310% | +0.0100% | 4h | $7.0M | $4.5M | 50x | as long as short |
| Binance JTOUSDT | −0.290% | +0.0100% | 4h | $11.8M | $29.9M | 75x | as long as short |
| KuCoin JTOUSDTM | −0.273% | +0.0100% | 4h | $1.3M | $557K | 20x | as long as short |
| Bybit JTOUSDT | −0.271% | +0.0100% | 4h | $7.7M | $12.6M | 50x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget JTOUSDT | −0.252% | +0.0100% | 4h | $2.6M | $2.4M | 50x | as long as short |
| dYdX JTO-USD | −0.231% | 0.0000% | 1h | $4K | $4K | 5x | as long as short |
| Aster JTOUSDT | −0.215% | +0.0100% | 4h | $174K | $221K | 10x | as long as short |
| BloFin JTO-USDT | −0.213% | +0.0340% | 4h | $680K | $568K | 75x | as long as short |
| Orderly PERP_JTO_USDC_mythos | −0.116% | +0.0100% | 4h | $4K | $4K | 10x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.097% | −0.0138% | 1h | $23K | $561 | 10x | as long as short |
| Lighter JTO | −0.068% | +0.0096% | 1h | $123K | $163K | 10x | as long as short |
| Hyperliquid JTO | −0.065% | +0.0100% | 1h | $7.3M | $4.2M | 5x | as long as short |
| Backpack JTO_USDC_PERPshort | −0.050% | +0.0139% | 1h | $265K | $581K | 10x | |
| GMX JTO/USD [WBTC.b-USDC] | −0.026% | L +0.0224% / S −0.2181% | 1h | $2K | — | 50x | as long as short |
| Variational Omni JTO | −0.024% | +0.0100% | 4h | $214K | $258K | — | as long as short |
| Kraken Futures PF_JTOUSD | −0.005% | +0.0453% | 1h | $339K | $267K | 25x | as long as short |
| Phoenix JTOlong | 0.000% | +0.0310% | 1h | $382K | $274K | 5x | |
| Coinbase International JTO-PERP-INTX | +0.116% | +0.0288% | 1h | $57K | $142K | 25x | as long as short |
| Bulk JTO-USD | +0.136% | +0.0023% | 1h | $56K | $737 | 10x | as long as short |
| Reya JTORUSDPERP | +7.258% | 0.0000% | 1h | — | — | — | as long as short |
Phoenix JTO
Backpack JTO_USDC_PERP
Injective
OKX
Paradex
Extended
Gate
BingX
MEXC
Binance
KuCoin
Bybit
Bitget
Aster
BloFin
Deribit
Lighter
Hyperliquid
GMX
Variational Omni
Kraken Futures
Coinbase International
Bulk