Funding you earn now, next payment 06:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h −0.030%
Price spread now: Orderly against GMX−0.079%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
=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 Orderly is 0.079% cheaper against GMX than usual: you would sell low and buy high (−$8 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] | 0.5154 | L +0.0224% / S −0.2181% | pay 0.0028% / 1h | 5m 45s | $2K | — | 50x |
| Short | Orderly PERP_JTO_USDC_mythos | 0.5150 | 0.0100 | get 0.0050% / 4h | 2h 05m | $4K | $652 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$25.99
- Price spread: −0.079% → 0.000%
- −$7.88
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$51.87
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Orderly: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
GMX and Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate JTO_USDT | −0.0202% | 8h | 0.5144 | −0.195% | $905K | $1.0M | 75x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0138% | 1h | 0.5150 | −0.079% | $13K | $30K | 10x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5141 | −0.252% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.481% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.513% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0063% | 4h | 0.5137 | −0.331% | $3.8M | $9.6M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0083% | 8h | 0.5141 | −0.252% | $493 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5150 | −0.083% | $116K | $234K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5148 | −0.116% | $7.0M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5144 | −0.198% | $122K | $220K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5140 | −0.272% | $11.2M | $28.1M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5138 | −0.312% | $7.0M | $14.2M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5140 | −0.273% | $6.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5147 | −0.129% | $1.5M | $613K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5141 | −0.253% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5143 | −0.215% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5153 | −0.028% | $221K | $241K | — | as long as short |
| Orderly PERP_JTO_USDC_mythosshort | +0.0100% | 4h | 0.5150 | −0.079% | $4K | $652 | 10x | |
| Bulk JTO-USD | +0.0100% | 1h | 0.5140 | −0.268% | $56K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5139 | −0.283% | $518K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]long | L +0.0224% / S −0.2181% | 1h | 0.5154 | long leg | $2K | — | 50x | |
| Backpack JTO_USDC_PERP | +0.0257% | 1h | 0.5152 | −0.036% | $265K | $307K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5141 | −0.253% | $599K | $542K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5159 | +0.096% | $59K | $134K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5154 | −0.001% | $380K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0480% | 1h | 0.5156 | +0.046% | $344K | $347K | 25x | as long as short |
GMX JTO/USD [WBTC.b-USDC]
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
Backpack JTO_USDC_PERP
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD