Funding you earn now, next payment 03:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h −0.032%
Price spread now: MEXC against GMX−0.054%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 −$4 a day on $10k at the current rate, and MEXC is 0.054% cheaper against GMX than usual: you would sell low and buy high (−$5 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] | 0.5154 | L +0.0224% / S −0.2181% | pay 0.0028% / 1h | 31m 18s | $2K | — | 50x |
| Short | MEXC JTO_USDT | 0.5151 | 0.0100 | get 0.0050% / 4h | 1h 31m | $6.7M | $3.4M | 50x |
GMX JTO/USD [WBTC.b-USDC]
MEXC JTO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$25.99
- Price spread: −0.054% → 0.000%
- −$5.43
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$43.42
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; MEXC: 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 MEXC live order book, 1 min ago | 0.97 bp | 3.9 bp −$4 | 14.9 bp −$149 | 69.3 bp −$6,931 | 186.3 bp −$93.1K |
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 | −0.0526% | 1h | 0.5151 | −0.054% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0335% | 8h | 0.5149 | −0.093% | $898K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5146 | −0.153% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.486% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.508% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0081% | 8h | 0.5146 | −0.149% | $514 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5151 | −0.054% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5155 | +0.017% | $118K | $228K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5160 | +0.126% | $7.1M | $3.3M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5154 | −0.005% | $126K | $219K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Hyperliquid JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5151 | −0.054% | $11.3M | $27.2M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5152 | −0.035% | $7.3M | $13.8M | 50x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5152 | −0.035% | $3.9M | $9.3M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5147 | −0.132% | $56K | $15K | 10x | as long as short |
| MEXC JTO_USDTshort | +0.0100% | 4h | 0.5151 | −0.054% | $6.7M | $3.4M | 50x | |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5156 | +0.047% | $1.6M | $587K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5156 | +0.043% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5151 | −0.054% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5155 | +0.023% | $268K | $330K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5148 | −0.103% | $223K | $288K | — | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5149 | −0.102% | $520K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]long | L +0.0224% / S −0.2181% | 1h | 0.5154 | long leg | $2K | — | 50x | |
| Coinbase International JTO-PERP-INTX | +0.0336% | 1h | 0.5161 | +0.140% | $59K | $135K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5147 | −0.132% | $618K | $516K | 75x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5161 | +0.140% | $381K | $110K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0676% | 1h | 0.5156 | +0.038% | $347K | $306K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
OKX JTO-USDT-SWAP
Bulk JTO-USD
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Extended JTO-USD
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD