Funding you earn now, next payment 21:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.15 per $10,000 · paid last 24h −0.030%
Price spread now: Extended against GMX−0.035%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Extended is 0.035% cheaper against GMX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX JTO/USD [WBTC.b-USDC] | 0.5187 | L +0.0224% / S −0.2181% | pay 0.0028% / 1h | 32m 48s | $2K | — | 50x |
| Short | Extended JTO-USD | 0.5185 | 0.0104 | get 0.0013% / 1h | 32m 48s | $516K | $844K | 10x |
GMX JTO/USD [WBTC.b-USDC]
Extended JTO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$25.12
- Price spread: −0.035% → 0.000%
- −$3.53
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$45.64
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Extended: live order book, 16 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 Extended live order book, 16 min ago | 2.43 bp | 16.7 bp −$17 | 138.0 bp −$1,380 | doesn't fit | 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 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 | −0.0714% | 1h | 0.5181 | −0.121% | $23K | $460 | 10x | as long as short |
| OKX JTO-USDT-SWAP | −0.0111% | 4h | 0.5184 | −0.063% | $3.9M | $9.9M | 50x | as long as short |
| Gate JTO_USDT | −0.0106% | 8h | 0.5183 | −0.082% | $943K | $1.6M | 75x | as long as short |
| Paradex JTO-USD-PERP | −0.0065% | 8h | 0.5180 | −0.135% | $517 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5186 | −0.033% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +6.792% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −4.131% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5190 | +0.045% | $99K | $183K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5196 | +0.163% | $7.3M | $3.2M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5188 | +0.019% | $174K | $176K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
Gate JTO_USDT
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5184 | −0.066% | $11.7M | $27.9M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5188 | +0.014% | $7.6M | $13.3M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5156 | −0.603% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5183 | −0.082% | $7.4M | $4.0M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5189 | +0.033% | $1.6M | $539K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5191 | +0.072% | $2.6M | $2.5M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5185 | −0.044% | — | $63.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5174 | −0.264% | $183K | $260K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5183 | −0.082% | $4K | $2K | 10x | as long as short |
| Extended JTO-USDshort | +0.0104% | 1h | 0.5185 | −0.035% | $516K | $844K | 10x | |
| GMX JTO/USD [WBTC.b-USDC]long | L +0.0224% / S −0.2181% | 1h | 0.5187 | long leg | $2K | — | 50x | |
| Phoenix JTO | +0.0311% | 1h | 0.5187 | −0.005% | $373K | $269K | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5192 | +0.091% | $57K | $129K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5177 | −0.198% | $650K | $565K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0416% | 1h | 0.5192 | +0.101% | $265K | $533K | 10x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0872% | 1h | 0.5188 | +0.020% | $354K | $329K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Phoenix JTO
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Backpack JTO_USDC_PERP
Kraken Futures PF_JTOUSD