Funding you earn now, next payment 11:00 UTC−0.0123%/8h= −13.5% APRpaid last 24h −0.037%
Price spread now: Binance against GMX−0.057%50s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.057% 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. The two prices were read 50 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 | GMX JTO/USD [WBTC.b-USDC] | 0.5004 | L +0.0223% / S −0.2181% | pay 0.0028% / 1h | 6m 38s | $2K | — | 50x |
| Short | Binance JTOUSDT | 0.5002 | 0.0100 | get 0.0050% / 4h | 1h 06m | $10.3M | $25.6M | 75x |
GMX JTO/USD [WBTC.b-USDC]
Binance JTOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$25.83
- Price spread: −0.057% → 0.000%
- −$5.74
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$53.57
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Binance: live order book, 13 min ago. 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 Binance live order book, 13 min ago | 2.00 bp | 17.6 bp −$18 | 43.8 bp −$438 | 253.5 bp −$25.3K | doesn't fit |
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 | −0.0549% | 1h | 0.5001 | −0.068% | $22K | $41K | 10x | as long as short |
| Kraken Futures PF_JTOUSD | −0.0320% | 1h | 0.4999 | −0.098% | $315K | $421K | 25x | as long as short |
| Bybit JTOUSDT | −0.0148% | 4h | 0.5003 | −0.028% | $6.3M | $13.0M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0065% | 8h | 0.5003 | −0.037% | $479 | $10 | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5005 | +0.006% | $3K | $5K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +10.689% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −0.627% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0062% | 4h | 0.4999 | −0.108% | $3.7M | $9.2M | 50x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5006 | +0.022% | $112K | $206K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5012 | +0.149% | $6.8M | $2.8M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Kraken Futures PF_JTOUSD
Bybit JTOUSDT
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Lighter JTO
Hyperliquid JTOShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5003 | −0.031% | $115K | $206K | 10x | as long as short |
| Binance JTOUSDTshort | +0.0100% | 4h | 0.5002 | −0.057% | $10.3M | $25.6M | 75x | |
| Gate JTO_USDT | +0.0100% | 8h | 0.5000 | −0.088% | $876K | $905K | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5002 | −0.048% | $6.1M | $3.1M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5004 | +0.002% | $1.3M | $588K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5002 | −0.048% | $2.2M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5002 | −0.048% | — | $8.3M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5006 | +0.038% | $222K | $357K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.4986 | −0.363% | $217K | $191K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5001 | −0.068% | $4K | $1K | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.4998 | −0.128% | $54K | $1K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5000 | −0.094% | $514K | $2.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]long | L +0.0223% / S −0.2181% | 1h | 0.5004 | long leg | $2K | — | 50x | |
| Phoenix JTO | +0.0316% | 1h | 0.4999 | −0.108% | $352K | $122K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.4995 | −0.188% | $562K | $514K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5016 | +0.232% | $53K | $116K | 25x | as long as short |
Aster JTOUSDT
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