Funding you earn now, next payment 11:00 UTC+0.2923%/8h= +320.1% APRnext payment +$3.65 per $10,000 · paid last 24h +0.774%
Price spread now: GMX against Deribit+0.190%186s7-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 +$88 a day on $10k at the current rate, and GMX is 0.190% dearer against Deribit 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). The two prices were read 186 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit JTO_USDC-PERPETUAL | 0.5035 | −0.0742 | get 0.0093% / 1h | 48m 34s | $22K | $40K | 10x |
| Short | GMX JTO/USD [WBTC.b-USDC] | 0.5045 | L +0.0223% / S −0.2181% | get 0.0273% / 1h | 48m 34s | $2K | — | 50x |
Deribit JTO_USDC-PERPETUAL
GMX JTO/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Deribit. 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
- $613.82
- Price spread: +0.190% → 0.000%
- $18.97
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $613.79
- Costs to cover
- 0.190%
- Break-even
- 0.0 days
Slippage unknown: Deribit: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Deribit 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 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-PERPETUALlong | −0.0742% | 1h | 0.5035 | long leg | $22K | $40K | 10x | |
| Kraken Futures PF_JTOUSD | −0.0317% | 1h | 0.5037 | +0.042% | $329K | $402K | 25x | as long as short |
| Bybit JTOUSDT | −0.0197% | 4h | 0.5040 | +0.099% | $6.5M | $13.1M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0028% | 8h | 0.5039 | +0.078% | $483 | $10 | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5044 | +0.174% | $3K | $5K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +10.020% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −1.231% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5043 | +0.163% | $112K | $205K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5049 | +0.276% | $6.8M | $2.8M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5044 | +0.179% | $116K | $204K | 10x | as long as short |
Kraken Futures PF_JTOUSD
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 | 0.5038 | +0.060% | $10.5M | $25.7M | 75x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5036 | +0.020% | $3.7M | $9.1M | 50x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.5038 | +0.060% | $876K | $853K | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5037 | +0.040% | $6.0M | $3.0M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5042 | +0.139% | $1.4M | $590K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5038 | +0.060% | $2.2M | $2.2M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5037 | +0.040% | — | $8.3M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5046 | +0.218% | $235K | $338K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5035 | +0.004% | $217K | $191K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5035 | 0.000% | $4K | $798 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5050 | +0.298% | $55K | −$0 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5036 | +0.026% | $516K | $2.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]short | L +0.0223% / S −0.2181% | 1h | 0.5045 | +0.190% | $2K | — | 50x | |
| Phoenix JTO | +0.0316% | 1h | 0.5047 | +0.238% | $357K | $122K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5030 | −0.099% | $572K | $517K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5046 | +0.218% | $55K | $121K | 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