Funding you earn now, next payment 22:00 UTC−0.0363%/8h= −39.7% APRpaid last 24h −0.086%
Price spread now: Variational Omni against Phoenix−0.061%7-day average −0.117% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.215%−$21 on $10k
+Price spread, last 3 days (all we have)−0.278%−$28 · spread now −0.061%, 7d avg −0.117%
=Together, before fees−0.493%+ Points / potential airdropVariational Omni: Active · farm board−$49 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.056% dearer against Phoenix than usual: you sell high and buy low (spread −0.061% now, against its 7-day average of −0.117%): +$6 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix JTO | 0.5127 | 0.0463 | pay 0.0058% / 1h | 19m 26s | $369K | $267K | 5x |
| Short | Variational Omni JTO | 0.5124 | 0.0100 | get 0.0050% / 4h | 1h 19m | $181K | $258K | — |
Phoenix JTO
Variational Omni JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$76.2
- Price spread: −0.061% → −0.117%
- $5.58
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$77.62
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 62 min ago; Variational Omni: RFQ quote, 65 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 Phoenix live order book, 62 min ago | 1.93 bp | 20.7 bp −$21 | 68.2 bp −$682 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 65 min ago | 6.75 bp | doesn't fit | 91.6 bp −$916 | doesn't fit | doesn't fit |
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 | −0.0530% | 1h | 0.5121 | −0.117% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0165% | 8h | 0.5117 | −0.195% | $921K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0063% | 4h | 0.5117 | −0.195% | $3.9M | $9.9M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0037% | 8h | 0.5114 | −0.250% | $510 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5125 | −0.033% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.042% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.004% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5121 | −0.115% | $97K | $175K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5129 | +0.029% | $7.2M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5123 | −0.087% | $172K | $176K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Lighter JTO
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 | 0.5119 | −0.156% | $11.5M | $28.1M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5121 | −0.117% | $7.3M | $13.8M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5119 | −0.156% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5127 | −0.008% | $1.6M | $643K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5124 | −0.059% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5121 | −0.117% | — | $63.8M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5124 | −0.066% | $225K | $503K | 10x | as long as short |
| Variational Omni JTOshort | +0.0100% | 4h | 0.5124 | −0.061% | $181K | $258K | — | |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5121 | −0.117% | $4K | $2K | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5124 | −0.059% | $56K | $1K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5115 | −0.232% | $518K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5125 | −0.045% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0304% | 1h | 0.5131 | +0.078% | $56K | $124K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5125 | −0.039% | $636K | $572K | 75x | as long as short |
| Phoenix JTOlong | +0.0463% | 1h | 0.5127 | long leg | $369K | $267K | 5x | |
| Kraken Futures PF_JTOUSD | +0.0520% | 1h | 0.5123 | −0.083% | $347K | $313K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Kraken Futures PF_JTOUSD