JTO

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.15 per $10,000 · paid last 24h −0.035%

Price spread now: Bulk against GMX+0.177%46s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Bulk

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Bulk is 0.177% dearer against GMX than usual: you sell high and buy low (spread +0.177% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.8 days. The two prices were read 46 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	GMX JTO/USD [WBTC.b-USDC]	0.5148	L +0.0224% / S −0.2181%	pay 0.0028% / 1h	10m 35s	$2K	—	50x
Short	Bulk JTO-USD	0.5157	0.0100	get 0.0013% / 1h	10m 35s	$56K	$9K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee BulkbpOrdersPrice spread, now +0.177%Rate

Funding earned: −$26
Price spread: +0.177% → 0.000%: $17.68
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$27.33
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Bulk: 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 GMX no order-book sample	—	—	—	—	—
Sell Bulk no order-book sample	—	—	—	—	—

GMX and Bulk: 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
Gate JTO_USDT	−0.0349%	8h	0.5140	−0.153%	$889K	$1.0M	75x	as long as short
Deribit JTO_USDC-PERPETUAL	−0.0333%	1h	0.5144	−0.076%	$13K	$10K	10x	as long as short
Bybit JTOUSDT	−0.0198%	4h	0.5140	−0.153%	$7.0M	$14.0M	50x	as long as short
OKX JTO-USDT-SWAP	−0.0001%	4h	0.5139	−0.173%	$3.9M	$9.3M	50x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5145	−0.056%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5540	+7.611%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−3.398%	$31	$43K	5.5x	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0094%	4h	0.5144	−0.076%	$4K	$652	10x	as long as short
Lighter JTO	+0.0096%	1h	0.5147	−0.012%	$118K	$227K	10x	as long as short
Paradex JTO-USD-PERP	+0.0097%	8h	0.5140	−0.149%	$513	—	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid JTO	+0.0100%	1h	0.5151	+0.069%	$7.0M	$3.0M	5x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5146	−0.039%	$123K	$219K	10x	as long as short
Binance JTOUSDT	+0.0100%	4h	0.5140	−0.155%	$11.2M	$27.5M	75x	as long as short
Bulk JTO-USDshort	+0.0100%	1h	0.5157	+0.177%	$56K	$9K	10x
MEXC JTO_USDT	+0.0100%	4h	0.5140	−0.153%	$6.1M	$3.5M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5149	+0.019%	$1.5M	$603K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5143	−0.095%	$2.4M	$2.3M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5141	−0.134%	—	$27.5M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5143	−0.104%	$222K	$240K	—	as long as short
Extended JTO-USD	+0.0104%	1h	0.5139	−0.182%	$518K	$1.8M	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]long	L +0.0224% / S −0.2181%	1h	0.5148	long leg	$2K	—	50x
Phoenix JTO	+0.0310%	1h	0.5172	+0.468%	$382K	$114K	5x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5150	+0.041%	$616K	$521K	75x	as long as short
Kraken Futures PF_JTOUSD	+0.0379%	1h	0.5150	+0.046%	$332K	$313K	25x	as long as short
Coinbase International JTO-PERP-INTX	+0.0440%	1h	0.5181	+0.643%	$59K	$137K	25x	as long as short
Backpack JTO_USDC_PERP	+0.0652%	1h	0.5151	+0.070%	$265K	$310K	10x	as long as short