Funding you earn now, next payment 00:00 UTC−0.0123%/8h= −13.5% APRpaid last 24h −0.032%
Price spread now: Bitget against GMX−0.045%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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.045% cheaper against GMX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX JTO/USD [WBTC.b-USDC] | 0.5114 | L +0.0223% / S −0.2181% | pay 0.0028% / 1h | 28m 52s | $2K | — | 50x |
| Short | Bitget JTOUSDT | 0.5112 | 0.0100 | get 0.0050% / 4h | 28m 52s | $2.5M | $2.3M | 50x |
GMX JTO/USD [WBTC.b-USDC]
Bitget JTOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GMX. 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
- −$25.9
- Price spread: −0.045% → 0.000%
- −$4.46
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$54.36
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 3 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 GMX no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 3 min ago | 2.93 bp | 20.6 bp −$21 | 63.0 bp −$630 | doesn't fit | doesn't fit |
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 | −0.0727% | 1h | 0.5111 | −0.064% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0176% | 8h | 0.5113 | −0.025% | $900K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0012% | 4h | 0.5108 | −0.123% | $3.9M | $9.5M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0010% | 8h | 0.5109 | −0.096% | $510 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5116 | +0.036% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.311% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.762% | $31 | $43K | 5.5x | as long as short |
| Bulk JTO-USD | +0.0034% | 1h | 0.5106 | −0.172% | $55K | $1K | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5111 | −0.074% | $101K | $192K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5114 | −0.009% | $7.1M | $3.2M | 5x | 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
Bulk JTO-USD
Lighter JTO
Hyperliquid JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5115 | +0.021% | $172K | $177K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5108 | −0.132% | $11.3M | $28.1M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5115 | +0.014% | $7.4M | $13.9M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5110 | −0.084% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5118 | +0.067% | $1.6M | $631K | 20x | as long as short |
| Bitget JTOUSDTshort | +0.0100% | 4h | 0.5112 | −0.045% | $2.5M | $2.3M | 50x | |
| BingX JTO-USDT | +0.0100% | 4h | 0.5111 | −0.064% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5110 | −0.085% | $224K | $305K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5112 | −0.045% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5110 | −0.083% | $518K | $854K | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0111% | 1h | 0.5119 | +0.092% | $224K | $472K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]long | L +0.0223% / S −0.2181% | 1h | 0.5114 | long leg | $2K | — | 50x | |
| Kraken Futures PF_JTOUSD | +0.0226% | 1h | 0.5119 | +0.093% | $346K | $312K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0296% | 1h | 0.5172 | +1.129% | $57K | $115K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5106 | −0.162% | $627K | $610K | 75x | as long as short |
| Phoenix JTO | +0.0465% | 1h | 0.5117 | +0.053% | $367K | $266K | 5x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Backpack JTO_USDC_PERP
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO