Funding you earn now, next payment 23:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.24 per $10,000 · paid last 24h −0.052%
Price spread now: Injective against GMX−3.546%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 −$6 a day on $10k at the current rate, and Injective is 3.546% cheaper against GMX than usual: you would sell low and buy high (−$355 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] | 0.5156 | L +0.0224% / S −0.2181% | pay 0.0028% / 1h | 34m 56s | $2K | — | 50x |
| Short | Injective JTO/USDC PERP | 0.4973 | 0.0033 | get 0.0004% / 1h | 34m 56s | $31 | $43K | 5.5x |
GMX JTO/USD [WBTC.b-USDC]
Injective JTO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$39.95
- Price spread: −3.546% → 0.000%
- −$354.57
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$406.54
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Injective: 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 Injective no order-book sample | — | — | — | — | — |
GMX and Injective: 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 | −0.0526% | 1h | 0.5153 | −0.055% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0163% | 8h | 0.5151 | −0.093% | $931K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0074% | 4h | 0.5146 | −0.190% | $3.9M | $9.9M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5150 | −0.106% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.438% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0024% | 8h | 0.5145 | −0.213% | $513 | — | 5x | as long as short |
| Injective JTO/USDC PERPshort | +0.0033% | 1h | 0.4973 | −3.546% | $31 | $43K | 5.5x | |
| Bulk JTO-USD | +0.0064% | 1h | 0.5180 | +0.474% | $56K | $1K | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5160 | +0.072% | $99K | $174K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5161 | +0.093% | $7.3M | $3.1M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Paradex JTO-USD-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 | 0.5157 | +0.021% | $173K | $176K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5149 | −0.124% | $11.6M | $27.9M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5153 | −0.055% | $7.4M | $13.7M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5151 | −0.093% | $7.2M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5157 | +0.023% | $1.6M | $641K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5150 | −0.113% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5154 | −0.035% | — | $63.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5155 | −0.018% | $183K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5153 | −0.055% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5148 | −0.150% | $523K | $854K | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0143% | 1h | 0.5159 | +0.068% | $226K | $507K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]long | L +0.0224% / S −0.2181% | 1h | 0.5156 | long leg | $2K | — | 50x | |
| Coinbase International JTO-PERP-INTX | +0.0304% | 1h | 0.5192 | +0.702% | $57K | $125K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5151 | −0.093% | $637K | $575K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5165 | +0.178% | $371K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0516% | 1h | 0.5159 | +0.054% | $351K | $312K | 25x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Backpack JTO_USDC_PERP
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD