Settings8H · net · $10k
Funding arb · Price arb /

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.2159%/8h= +236.4% APRpaid last 24h +0.596%
Price spread now: GMX against Paradex+0.192%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$65 a day on $10k at the current rate, and GMX is 0.192% dearer against Paradex than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex JTO-USD-PERP0.51140.0022pay 0.0022% / 8h1h 29m$5105x
ShortGMX JTO/USD [WBTC.b-USDC]0.5124L +0.0223% / S −0.2181%get 0.0273% / 1h29m 04s$2K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Paradex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$453.44
Price spread: +0.192% → 0.000%
$19.16
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee GMX: 6 bp × 2 orders
−$12
Net
$456.6
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Paradex: 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
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell GMX no order-book sample
Paradex 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit JTO_USDC-PERPETUAL−0.0335%1h0.5122+0.155%$13K$11K10xas long as short
Gate JTO_USDT−0.0161%8h0.5122+0.155%$926K$1.5M75xas long as short
OKX JTO-USDT-SWAP−0.0067%4h0.5124+0.195%$3.9M$9.9M50xas long as short
dYdX JTO-USD0.0000%1h0.5121+0.143%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5539+8.315%as long as short
Paradex JTO-USD-PERPlong+0.0022%8h0.5114long leg$5105x
Injective JTO/USDC PERP+0.0033%1h0.4973−2.758%$31$43K5.5xas long as short
Lighter JTO+0.0096%1h0.5131+0.326%$97K$175K10xas long as short
Hyperliquid JTO+0.0100%1h0.5133+0.367%$7.2M$3.1M5xas long as short
Aster JTOUSDT+0.0100%4h0.5122+0.152%$172K$176K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance JTOUSDT+0.0100%4h0.5124+0.195%$11.5M$28.1M75xas long as short
Bybit JTOUSDT+0.0100%4h0.5127+0.253%$7.3M$13.8M50xas long as short
Bulk JTO-USD+0.0100%1h0.5132+0.351%$56K$1K10xas long as short
MEXC JTO_USDT+0.0100%4h0.5123+0.175%$7.1M$3.7M50xas long as short
KuCoin JTOUSDTM+0.0100%4h0.5128+0.267%$1.6M$644K20xas long as short
Bitget JTOUSDT+0.0100%4h0.5126+0.234%$2.5M$2.4M50xas long as short
BingX JTO-USDT+0.0100%4h0.5123+0.175%$63.9Mas long as short
Backpack JTO_USDC_PERP+0.0100%1h0.5131+0.322%$225K$505K10xas long as short
Variational Omni JTO+0.0100%4h0.5134+0.387%$181K$259Kas long as short
Orderly PERP_JTO_USDC_mythos+0.0100%4h0.5122+0.155%$4K$2K10xas long as short
Extended JTO-USD+0.0104%1h0.5121+0.136%$518K$854K10xas long as short
GMX JTO/USD [WBTC.b-USDC]shortL +0.0223% / S −0.2181%1h0.5124+0.192%$2K50x
Coinbase International JTO-PERP-INTX+0.0304%1h0.5192+1.524%$57K$125K25xas long as short
BloFin JTO-USDT+0.0340%4h0.5118+0.077%$638K$571K75xas long as short
Phoenix JTO+0.0463%1h0.5124+0.195%$369K$267K5xas long as short
Kraken Futures PF_JTOUSD+0.0519%1h0.5129+0.302%$348K$313K25xas long as short