Funding you earn now, next payment 06:00 UTC+0.2148%/8h= +235.2% APRnext payment +$2.68 per $10,000 · paid last 24h +0.590%
Price spread now: GMX against Injective+3.479%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$64 a day on $10k at the current rate, and GMX is 3.479% dearer against Injective than usual: you sell high and buy low: +$348 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective JTO/USDC PERP | 0.4973 | 0.0033 | pay 0.0004% / 1h | 19m 18s | $31 | $43K | 5.5x |
| Short | GMX JTO/USD [WBTC.b-USDC] | 0.5146 | L +0.0224% / S −0.2181% | get 0.0273% / 1h | 19m 18s | $2K | — | 50x |
Injective JTO/USDC PERP
GMX JTO/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Injective. 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
- $450.99
- Price spread: +3.479% → 0.000%
- $347.88
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $786.85
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; GMX: 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 Injective no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Injective and 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 | −0.0333% | 1h | 0.5142 | +3.398% | $3K | $20K | 10x | as long as short |
| Gate JTO_USDT | −0.0254% | 8h | 0.5145 | +3.459% | $903K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5146 | +3.480% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +11.394% | — | — | — | as long as short |
| OKX JTO-USDT-SWAP | +0.0015% | 4h | 0.5141 | +3.378% | $3.8M | $9.6M | 50x | as long as short |
| Injective JTO/USDC PERPlong | +0.0033% | 1h | 0.4973 | long leg | $31 | $43K | 5.5x | |
| Bybit JTOUSDT | +0.0062% | 4h | 0.5145 | +3.459% | $7.0M | $14.2M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0077% | 8h | 0.5144 | +3.432% | $493 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5151 | +3.569% | $115K | $229K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5155 | +3.660% | $7.0M | $3.0M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
OKX JTO-USDT-SWAP
Bybit JTOUSDT
Paradex JTO-USD-PERP
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 | 0.5147 | +3.505% | $122K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5143 | +3.427% | $11.1M | $28.0M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5122 | +3.006% | $55K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5144 | +3.439% | $6.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5149 | +3.545% | $1.5M | $611K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5145 | +3.459% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5145 | +3.459% | — | $8.8M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5142 | +3.400% | $220K | $241K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5142 | +3.398% | $4K | $652 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5142 | +3.394% | $518K | $2.2M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0114% | 1h | 0.5153 | +3.618% | $266K | $307K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]short | L +0.0224% / S −0.2181% | 1h | 0.5146 | +3.479% | $2K | — | 50x | |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5148 | +3.519% | $600K | $544K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5161 | +3.780% | $58K | $136K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5158 | +3.720% | $381K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0481% | 1h | 0.5151 | +3.585% | $344K | $349K | 25x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
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
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD