Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.017%
Price spread now: Injective against Variational Omni−3.929%91s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 3.929% cheaper against Variational Omni than usual: you would sell low and buy high (−$393 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 91 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 | Variational Omni JTO | 0.5176 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $183K | $259K | — |
| Short | Injective JTO/USDC PERP | 0.4973 | 0.0033 | get 0.0004% / 1h | 9m 46s | $31 | $43K | 5.5x |
Variational Omni JTO
Injective JTO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Variational Omni. 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
- −$14
- Price spread: −3.929% → 0.000%
- −$392.88
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$406.9
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 14 min ago; Injective: 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 Variational Omni RFQ quote, 14 min ago | 6.75 bp | doesn't fit | 24.1 bp −$241 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.0906% | 1h | 0.5184 | +0.147% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0164% | 8h | 0.5184 | +0.147% | $938K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0082% | 4h | 0.5180 | +0.070% | $3.9M | $9.9M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0015% | 8h | 0.5176 | −0.015% | $517 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5177 | +0.012% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.013% | — | — | — | as long as short |
| Injective JTO/USDC PERPshort | +0.0033% | 1h | 0.4973 | −3.929% | $31 | $43K | 5.5x | |
| Lighter JTO | +0.0096% | 1h | 0.5189 | +0.238% | $100K | $184K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5187 | +0.204% | $174K | $176K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5181 | +0.092% | $11.6M | $27.9M | 75x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Lighter 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 | 0.5189 | +0.244% | $7.6M | $13.6M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5165 | −0.220% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5183 | +0.128% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5189 | +0.234% | $1.5M | $610K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5184 | +0.147% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5183 | +0.128% | — | $63.5M | — | as long as short |
| Variational Omni JTOlong | +0.0100% | 4h | 0.5176 | long leg | $183K | $259K | — | |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5183 | +0.128% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5182 | +0.104% | $526K | $854K | 10x | as long as short |
| Hyperliquid JTO | +0.0121% | 1h | 0.5195 | +0.364% | $7.3M | $3.1M | 5x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5190 | +0.268% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5193 | +0.321% | $57K | $125K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5169 | −0.142% | $643K | $576K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0356% | 1h | 0.5190 | +0.256% | $264K | $501K | 10x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5198 | +0.418% | $374K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0606% | 1h | 0.5188 | +0.225% | $353K | $312K | 25x | as long as short |
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Hyperliquid JTO
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Backpack JTO_USDC_PERP
Phoenix JTO
Kraken Futures PF_JTOUSD