Funding you earn now, next payment 11:00 UTC+0.2502%/8h= +274.0% APRnext payment +$3.13 per $10,000 · paid last 24h +0.529%
Price spread now: GMX against Kraken Futures+0.068%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$75 a day on $10k at the current rate, and GMX is 0.068% dearer against Kraken Futures than usual: you sell high and buy low: +$7 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 | Kraken Futures PF_JTOUSD | 0.4979 | −0.0321 | get 0.0040% / 1h | 28m 46s | $316K | $418K | 25x |
| Short | GMX JTO/USD [WBTC.b-USDC] | 0.4982 | L +0.0223% / S −0.2181% | get 0.0273% / 1h | 28m 46s | $2K | — | 50x |
Kraken Futures PF_JTOUSD
GMX JTO/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Kraken Futures. 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
- $525.41
- Price spread: +0.068% → 0.000%
- $6.83
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $510.24
- Costs to cover
- 0.220%
- Break-even
- 0.2 days
Slippage unknown: Kraken Futures: live order book, 17 min ago; 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 Kraken Futures live order book, 17 min ago | 19.84 bp | 34.2 bp −$34 | 198.5 bp −$1,985 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 exchanges
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 | −0.0754% | 1h | 0.4977 | −0.036% | $22K | $41K | 10x | as long as short |
| Kraken Futures PF_JTOUSDlong | −0.0321% | 1h | 0.4979 | long leg | $316K | $418K | 25x | |
| Bybit JTOUSDT | −0.0125% | 4h | 0.4978 | −0.016% | $6.3M | $13.2M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0026% | 8h | 0.4973 | −0.126% | $476 | $10 | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.4979 | +0.004% | $3K | $5K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +11.260% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −0.116% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.4981 | +0.044% | $111K | $206K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.4985 | +0.119% | $6.7M | $2.8M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.4977 | −0.042% | $115K | $206K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Bybit JTOUSDT
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDTShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.4973 | −0.112% | $10.3M | $26.0M | 75x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.4968 | −0.217% | $3.7M | $9.1M | 50x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.4976 | −0.056% | $879K | $888K | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.4974 | −0.096% | $6.0M | $3.1M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.4981 | +0.038% | $1.3M | $592K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.4977 | −0.036% | $2.2M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.4975 | −0.076% | — | $8.4M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.4981 | +0.038% | $222K | $356K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.4979 | +0.011% | $215K | $191K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.4981 | +0.044% | $4K | $1K | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5019 | +0.808% | $54K | $772 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.4972 | −0.138% | $514K | $2.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]short | L +0.0223% / S −0.2181% | 1h | 0.4982 | +0.068% | $2K | — | 50x | |
| Phoenix JTO | +0.0316% | 1h | 0.4979 | +0.004% | $351K | $122K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.4970 | −0.177% | $570K | $515K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5002 | +0.466% | $55K | $125K | 25x | as long as short |
Binance JTOUSDT
OKX JTO-USDT-SWAP
Gate JTO_USDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
Phoenix JTO
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX