Funding you earn now, next payment 23:00 UTC−0.0123%/8h= −13.5% APRpaid last 24h −0.032%
Price spread now: Orderly against GMX−0.060%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 Orderly is 0.060% cheaper against GMX than usual: you would sell low and buy high (−$6 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] | 0.5139 | L +0.0223% / S −0.2181% | pay 0.0028% / 1h | 33m 16s | $2K | — | 50x |
| Short | Orderly PERP_JTO_USDC_mythos | 0.5136 | 0.0100 | get 0.0050% / 4h | 1h 33m | $4K | $2K | 10x |
GMX JTO/USD [WBTC.b-USDC]
Orderly PERP_JTO_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$25.93
- Price spread: −0.060% → 0.000%
- −$5.95
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$49.88
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
GMX and Orderly: 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 | −0.0722% | 1h | 0.5137 | −0.040% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0165% | 8h | 0.5138 | −0.021% | $929K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0071% | 4h | 0.5132 | −0.137% | $3.9M | $9.9M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5146 | +0.141% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.786% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0026% | 8h | 0.5141 | +0.046% | $513 | — | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.231% | $31 | $43K | 5.5x | as long as short |
| Bulk JTO-USD | +0.0064% | 1h | 0.5180 | +0.801% | $56K | $1K | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5144 | +0.096% | $99K | $174K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5151 | +0.232% | $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
Injective JTO/USDC 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 | 0.5141 | +0.040% | $173K | $176K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5137 | −0.040% | $11.5M | $27.9M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5144 | +0.096% | $7.4M | $13.7M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5139 | −0.001% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5144 | +0.106% | $1.6M | $641K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5138 | −0.021% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5135 | −0.079% | — | $63.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5155 | +0.308% | $183K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythosshort | +0.0100% | 4h | 0.5136 | −0.060% | $4K | $2K | 10x | |
| Extended JTO-USD | +0.0104% | 1h | 0.5136 | −0.067% | $523K | $854K | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0128% | 1h | 0.5158 | +0.361% | $226K | $507K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]long | L +0.0223% / S −0.2181% | 1h | 0.5139 | long leg | $2K | — | 50x | |
| Coinbase International JTO-PERP-INTX | +0.0304% | 1h | 0.5192 | +1.030% | $57K | $125K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5140 | +0.018% | $637K | $573K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5158 | +0.369% | $371K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0518% | 1h | 0.5143 | +0.077% | $349K | $314K | 25x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
Backpack JTO_USDC_PERP
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD