Funding you earn now, next payment 06:00 UTC−0.0467%/8h= −51.1% APRnext payment −$0.58 per $10,000 · paid last 24h −0.117%
Price spread now: dYdX against Phoenix−0.138%106s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and dYdX is 0.138% cheaper against Phoenix than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix JTO | 0.5101 | 0.0467 | pay 0.0058% / 1h | 47m 31s | $377K | $118K | 5x |
| Short | dYdX JTO-USD | 0.5094 | 0 | get 0.0000% / 1h | 47m 31s | $4K | $4K | 5x |
Phoenix JTO
dYdX JTO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Phoenix. 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
- −$98.07
- Price spread: −0.138% → 0.000%
- −$13.76
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$128.83
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 59 min ago; dYdX: no order-book sample. 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 Phoenix live order book, 59 min ago | 1.94 bp | 20.8 bp −$21 | 67.3 bp −$673 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | −0.0338% | 1h | 0.5098 | −0.059% | $13K | $30K | 10x | as long as short |
| Gate JTO_USDT | −0.0171% | 8h | 0.5093 | −0.157% | $896K | $1.0M | 75x | as long as short |
| dYdX JTO-USDshort | 0.0000% | 1h | 0.5094 | −0.138% | $4K | $4K | 5x | |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.599% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.509% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0087% | 8h | 0.5089 | −0.230% | $488 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5098 | −0.051% | $114K | $240K | 10x | as long as short |
| OKX JTO-USDT-SWAP | +0.0099% | 4h | 0.5089 | −0.235% | $3.8M | $9.7M | 50x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5103 | +0.041% | $6.9M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5094 | −0.133% | $119K | $228K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Lighter JTO
OKX JTO-USDT-SWAP
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 | 0.5088 | −0.255% | $10.9M | $28.7M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5090 | −0.216% | $6.8M | $14.3M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5090 | −0.216% | $5.9M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5097 | −0.078% | $1.5M | $621K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5095 | −0.118% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5092 | −0.176% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5068 | −0.654% | $217K | $241K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5098 | −0.059% | $4K | $918 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5081 | −0.400% | $55K | $2K | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0102% | 1h | 0.5108 | +0.133% | $263K | $301K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5088 | −0.256% | $512K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5100 | −0.022% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5082 | −0.372% | $599K | $546K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0456% | 1h | 0.5107 | +0.118% | $58K | $136K | 25x | as long as short |
| Phoenix JTOlong | +0.0467% | 1h | 0.5101 | long leg | $377K | $118K | 5x | |
| Kraken Futures PF_JTOUSD | +0.0845% | 1h | 0.5108 | +0.138% | $343K | $353K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Backpack JTO_USDC_PERP
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Kraken Futures PF_JTOUSD