Funding you earn now, next payment 07:00 UTC+0.1717%/8h= +188.0% APRnext payment +$2.15 per $10,000 · paid last 24h +0.520%
Price spread now: GMX against Coinbase International−0.211%7-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—needs both histories
Funding pays, the price is against you. GMX is 0.211% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.211% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 10 hours of funding at the current rate (+$52 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International JTO-PERP-INTX | 0.5103 | 0.0464 | pay 0.0058% / 1h | 41m 32s | $57K | $140K | 25x |
| Short | GMX JTO/USD [WBTC.b-USDC] | 0.5092 | L +0.0224% / S −0.2181% | get 0.0273% / 1h | 41m 32s | $2K | — | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Coinbase International. 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
- $360.55
- Price spread: −0.211% → 0.000%
- −$21.14
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $317.4
- Costs to cover
- 0.220%
- Break-even
- 0.8 days
Slippage unknown: Coinbase International: live order book, 61 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 Coinbase International live order book, 61 min ago | 23.64 bp | doesn't fit | doesn't fit | 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 | −0.0339% | 1h | 0.5090 | −0.255% | $13K | $30K | 10x | as long as short |
| Gate JTO_USDT | −0.0061% | 8h | 0.5089 | −0.274% | $883K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5093 | −0.196% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.554% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.548% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0079% | 8h | 0.5087 | −0.308% | $487 | $10 | 5x | as long as short |
| Bybit JTOUSDT | +0.0086% | 4h | 0.5089 | −0.274% | $6.8M | $14.3M | 50x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5095 | −0.155% | $114K | $243K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5098 | −0.100% | $6.9M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5091 | −0.234% | $119K | $228K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5089 | −0.274% | $10.8M | $28.7M | 75x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5088 | −0.294% | $3.7M | $9.8M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5079 | −0.470% | $55K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5088 | −0.294% | $6.1M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5094 | −0.174% | $1.5M | $588K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5089 | −0.274% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5087 | −0.314% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5103 | −0.010% | $218K | $235K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5090 | −0.255% | $4K | $918 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5086 | −0.333% | $521K | $2.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]short | L +0.0224% / S −0.2181% | 1h | 0.5092 | −0.211% | $2K | — | 50x | |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5091 | −0.235% | $586K | $564K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0451% | 1h | 0.5095 | −0.161% | $241K | $323K | 10x | as long as short |
| Coinbase International JTO-PERP-INTXlong | +0.0464% | 1h | 0.5103 | long leg | $57K | $140K | 25x | |
| Phoenix JTO | +0.0472% | 1h | 0.5108 | +0.098% | $372K | $123K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0844% | 1h | 0.5099 | −0.079% | $323K | $369K | 25x | as long as short |
Coinbase International JTO-PERP-INTX
GMX JTO/USD [WBTC.b-USDC]
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Bybit JTOUSDT
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
OKX JTO-USDT-SWAP
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
BloFin JTO-USDT
Backpack JTO_USDC_PERP
Phoenix JTO
Kraken Futures PF_JTOUSD