Funding you earn now, next payment 06:00 UTC−0.0387%/8h= −42.4% APRpaid last 24h −0.120%
Price spread now: Paradex against Phoenix−0.243%46s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Paradex is 0.243% cheaper against Phoenix than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 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 | 0.5104 | 0.0467 | pay 0.0058% / 1h | 14m 10s | $377K | $118K | 5x |
| Short | Paradex JTO-USD-PERP | 0.5092 | 0.0080 | get 0.0080% / 8h | 1h 14m | $488 | $10 | 5x |
Phoenix JTO
Paradex JTO-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$81.36
- Price spread: −0.243% → 0.000%
- −$24.29
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$116.65
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 28 min ago; Paradex: 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, 28 min ago | 1.96 bp | 21.0 bp −$21 | 68.1 bp −$681 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
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 | −0.0142% | 1h | 0.5101 | −0.059% | $13K | $30K | 10x | as long as short |
| Gate JTO_USDT | −0.0124% | 8h | 0.5097 | −0.137% | $885K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5096 | −0.154% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.536% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.567% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERPshort | +0.0080% | 8h | 0.5092 | −0.243% | $488 | $10 | 5x | |
| Lighter JTO | +0.0096% | 1h | 0.5107 | +0.051% | $114K | $240K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5108 | +0.086% | $6.9M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5101 | −0.052% | $119K | $228K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5100 | −0.084% | $10.8M | $28.7M | 75x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | +0.0100% | 4h | 0.5101 | −0.059% | $6.8M | $14.2M | 50x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5100 | −0.078% | $3.8M | $9.8M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5100 | −0.078% | $6.0M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5099 | −0.098% | $1.5M | $620K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5102 | −0.039% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5100 | −0.078% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5093 | −0.223% | $218K | $235K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5099 | −0.098% | $4K | $918 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5090 | −0.274% | $55K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5098 | −0.122% | $511K | $2.2M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0214% | 1h | 0.5105 | +0.025% | $218K | $311K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5095 | −0.186% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5103 | −0.020% | $585K | $551K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0456% | 1h | 0.5108 | +0.078% | $58K | $139K | 25x | as long as short |
| Phoenix JTOlong | +0.0467% | 1h | 0.5104 | long leg | $377K | $118K | 5x | |
| Kraken Futures PF_JTOUSD | +0.0845% | 1h | 0.5108 | +0.070% | $324K | $374K | 25x | as long as short |
Bybit JTOUSDT
OKX JTO-USDT-SWAP
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Kraken Futures PF_JTOUSD