Funding you earn now, next payment 01:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.15 per $10,000 · paid last 24h −0.030%
Price spread now: Extended against GMX−0.110%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
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Extended is 0.110% cheaper against GMX than usual: you would sell low and buy high (−$11 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] | 0.5153 | L +0.0224% / S −0.2181% | pay 0.0028% / 1h | 11m 57s | $2K | — | 50x |
| Short | Extended JTO-USD | 0.5147 | 0.0104 | get 0.0013% / 1h | 11m 57s | $519K | $1.7M | 10x |
GMX JTO/USD [WBTC.b-USDC]
Extended JTO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$25.12
- Price spread: −0.110% → 0.000%
- −$11.04
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$53.16
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Extended: live order book, 1 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 Extended live order book, 1 min ago | 2.04 bp | 15.5 bp −$16 | 146.2 bp −$1,462 | 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 | −0.0138% | 1h | 0.5151 | −0.030% | $13K | $10K | 10x | as long as short |
| OKX JTO-USDT-SWAP | −0.0020% | 4h | 0.5148 | −0.089% | $3.9M | $9.4M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5154 | +0.031% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.507% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.485% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0037% | 8h | 0.5150 | −0.049% | $514 | — | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5152 | −0.013% | $99K | $189K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5159 | +0.125% | $7.0M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5152 | −0.007% | $173K | $157K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5148 | −0.089% | $11.4M | $27.6M | 75x | as long as short |
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
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 | 0.5151 | −0.030% | $7.6M | $13.3M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5147 | −0.108% | $63K | $8K | 10x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.5151 | −0.030% | $910K | $1.2M | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5147 | −0.108% | $7.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5157 | +0.084% | $1.6M | $596K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5153 | +0.008% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5150 | −0.050% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5174 | +0.410% | $226K | $299K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5151 | −0.030% | $4K | $2K | 10x | as long as short |
| Extended JTO-USDshort | +0.0104% | 1h | 0.5147 | −0.110% | $519K | $1.7M | 10x | |
| GMX JTO/USD [WBTC.b-USDC]long | L +0.0224% / S −0.2181% | 1h | 0.5153 | long leg | $2K | — | 50x | |
| Kraken Futures PF_JTOUSD | +0.0247% | 1h | 0.5161 | +0.172% | $349K | $310K | 25x | as long as short |
| Phoenix JTO | +0.0312% | 1h | 0.5184 | +0.610% | $383K | $262K | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5160 | +0.144% | $63K | $129K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5160 | +0.144% | $623K | $593K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0351% | 1h | 0.5157 | +0.076% | $223K | $459K | 10x | as long as short |
Bybit JTOUSDT
Bulk JTO-USD
Gate JTO_USDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Kraken Futures PF_JTOUSD
Phoenix JTO
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Backpack JTO_USDC_PERP