Funding you earn now, next payment 05:00 UTC+0.1841%/8h= +201.6% APRpaid last 24h +0.498%
Price spread now: GMX against BloFin+0.052%51s7-day average — · you sell dearer than you buy
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—needs both histories
Both sides work for this trade now. Funding pays +$55 a day on $10k at the current rate, and GMX is 0.052% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 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 | BloFin JTO-USDT | 0.5145 | 0.0340 | pay 0.0170% / 4h | 3h 02m | $614K | $520K | 75x |
| Short | GMX JTO/USD [WBTC.b-USDC] | 0.5148 | L +0.0224% / S −0.2181% | get 0.0273% / 1h | 2m 14s | $2K | — | 50x |
BloFin JTO-USDT
GMX JTO/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against BloFin. 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
- $386.59
- Price spread: +0.052% → 0.000%
- $5.23
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $367.82
- Costs to cover
- 0.240%
- Break-even
- 0.3 days
Slippage unknown: BloFin: live order book, 29 min ago; GMX: 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 BloFin live order book, 29 min ago | 1.93 bp | 16.7 bp −$17 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | −0.0527% | 1h | 0.5145 | 0.000% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0361% | 8h | 0.5144 | −0.019% | $889K | $1.0M | 75x | as long as short |
| Bybit JTOUSDT | −0.0195% | 4h | 0.5147 | +0.039% | $7.0M | $14.0M | 50x | as long as short |
| OKX JTO-USDT-SWAP | −0.0043% | 4h | 0.5143 | −0.039% | $3.9M | $9.3M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5150 | +0.100% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.668% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.343% | $31 | $43K | 5.5x | as long as short |
| Variational Omni JTO | +0.0094% | 4h | 0.5152 | +0.128% | $221K | $242K | — | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5153 | +0.157% | $117K | $228K | 10x | as long as short |
| Paradex JTO-USD-PERP | +0.0097% | 8h | 0.5146 | +0.023% | $514 | — | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Bybit JTOUSDT
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Variational Omni JTO
Lighter JTO
Paradex JTO-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid JTO | +0.0100% | 1h | 0.5155 | +0.194% | $7.0M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5149 | +0.082% | $123K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5144 | −0.019% | $11.2M | $27.6M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5143 | −0.031% | $56K | $9K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5143 | −0.039% | $6.1M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5148 | +0.054% | $1.5M | $604K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5145 | 0.000% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5145 | 0.000% | — | $27.5M | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5146 | +0.019% | $4K | $652 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5142 | −0.066% | $518K | $2.1M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]short | L +0.0224% / S −0.2181% | 1h | 0.5148 | +0.052% | $2K | — | 50x | |
| Phoenix JTO | +0.0310% | 1h | 0.5160 | +0.292% | $381K | $114K | 5x | as long as short |
| BloFin JTO-USDTlong | +0.0340% | 4h | 0.5145 | long leg | $614K | $520K | 75x | |
| Kraken Futures PF_JTOUSD | +0.0379% | 1h | 0.5152 | +0.143% | $333K | $313K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5163 | +0.350% | $58K | $137K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.0649% | 1h | 0.5155 | +0.187% | $267K | $311K | 10x | as long as short |
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Phoenix JTO
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP