Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.043%
Price spread now: Coinbase International against GMX+0.159%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$7 a day on $10k at the current rate, and Coinbase International is 0.159% dearer against GMX than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX JTO/USD [WBTC.b-USDC] | 0.5089 | L +0.0224% / S −0.2181% | pay 0.0028% / 1h | 58m 48s | $2K | — | 50x |
| Short | Coinbase International JTO-PERP-INTX | 0.5097 | 0.0464 | get 0.0058% / 1h | 58m 48s | $58K | $134K | 25x |
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $50.49
- Price spread: +0.159% → 0.000%
- $15.92
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $44.41
- Costs to cover
- 0.220%
- Break-even
- 0.8 days
Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 39 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 Coinbase International live order book, 39 min ago | 16.75 bp | 40.8 bp −$41 | doesn't fit | 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 | −0.0339% | 1h | 0.5088 | −0.018% | $13K | $30K | 10x | as long as short |
| Gate JTO_USDT | −0.0020% | 8h | 0.5092 | +0.061% | $883K | $922K | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5094 | +0.107% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.856% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.278% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0053% | 8h | 0.5093 | +0.072% | $488 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5096 | +0.136% | $114K | $240K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5101 | +0.240% | $6.9M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5097 | +0.165% | $119K | $232K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5093 | +0.075% | $10.7M | $28.4M | 75x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Lighter JTO
Hyperliquid 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 | 0.5093 | +0.081% | $6.8M | $14.4M | 50x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5091 | +0.041% | $3.7M | $9.8M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5120 | +0.613% | $55K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5094 | +0.100% | $6.3M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5095 | +0.124% | $1.5M | $588K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5096 | +0.140% | $2.3M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5092 | +0.061% | — | $8.6M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5095 | +0.120% | $243K | $323K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5096 | +0.136% | $218K | $229K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5086 | −0.057% | $4K | $918 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5089 | −0.006% | $522K | $2.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]long | L +0.0224% / S −0.2181% | 1h | 0.5089 | long leg | $2K | — | 50x | |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5090 | +0.022% | $581K | $563K | 75x | as long as short |
| Coinbase International JTO-PERP-INTXshort | +0.0464% | 1h | 0.5097 | +0.159% | $58K | $134K | 25x | |
| Phoenix JTO | +0.0472% | 1h | 0.5108 | +0.375% | $372K | $123K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0764% | 1h | 0.5095 | +0.120% | $323K | $369K | 25x | as long as short |
Bybit JTOUSDT
OKX JTO-USDT-SWAP
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD