Funding you earn now, next payment 00:00 UTC−0.0367%/8h= −40.2% APRpaid last 24h −0.068%
Price spread now: Gate against GMX−0.122%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 −$11 a day on $10k at the current rate, and Gate is 0.122% cheaper against GMX than usual: you would sell low and buy high (−$12 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] | 0.5177 | L +0.0224% / S −0.2181% | pay 0.0028% / 1h | 57m 14s | $2K | — | 50x |
| Short | Gate JTO_USDT | 0.5171 | −0.0143 | pay 0.0143% / 8h | 57m 14s | $931K | $1.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$77
- Price spread: −0.122% → 0.000%
- −$12.21
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$116.21
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Gate: live order book, 5 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 Gate live order book, 5 min ago | 4.85 bp | 42.1 bp −$42 | 89.9 bp −$899 | 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 | −0.0329% | 1h | 0.5175 | −0.045% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDTshort | −0.0143% | 8h | 0.5171 | −0.122% | $931K | $1.4M | 75x | |
| OKX JTO-USDT-SWAP | −0.0072% | 4h | 0.5172 | −0.103% | $3.9M | $9.8M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0053% | 8h | 0.5169 | −0.159% | $516 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5175 | −0.040% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +6.992% | — | — | — | as long as short |
| Bulk JTO-USD | +0.0024% | 1h | 0.5153 | −0.464% | $56K | $1K | 10x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.946% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5181 | +0.067% | $98K | $172K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5181 | +0.077% | $7.3M | $3.1M | 5x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5176 | −0.024% | $174K | $176K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5174 | −0.063% | $11.5M | $28.0M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5177 | −0.006% | $7.4M | $13.8M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5172 | −0.103% | $7.2M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5170 | −0.139% | $1.6M | $641K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5175 | −0.045% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5175 | −0.045% | — | $66.2M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5152 | −0.493% | $182K | $258K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5175 | −0.045% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5174 | −0.067% | $524K | $854K | 10x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0223% | 1h | 0.5183 | +0.103% | $351K | $312K | 25x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]long | L +0.0224% / S −0.2181% | 1h | 0.5177 | long leg | $2K | — | 50x | |
| Coinbase International JTO-PERP-INTX | +0.0296% | 1h | 0.5173 | −0.083% | $57K | $125K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.0300% | 1h | 0.5174 | −0.056% | $227K | $487K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5172 | −0.103% | $629K | $629K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5175 | −0.045% | $372K | $266K | 5x | as long as short |
GMX JTO/USD [WBTC.b-USDC]
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Bulk JTO-USD
Injective JTO/USDC PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP
BloFin JTO-USDT
Phoenix JTO