Funding you earn now, next payment 01:00 UTC−0.0207%/8h= −22.6% APRpaid last 24h −0.064%
Price spread now: Paradex against GMX−0.345%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 −$6 a day on $10k at the current rate, and Paradex is 0.345% cheaper against GMX than usual: you would sell low and buy high (−$34 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] | 0.5211 | L +0.0224% / S −0.2181% | pay 0.0028% / 1h | 24m 42s | $2K | — | 50x |
| Short | Paradex JTO-USD-PERP | 0.5193 | 0.0017 | get 0.0017% / 8h | 7h 24m | $518 | — | 5x |
GMX JTO/USD [WBTC.b-USDC]
Paradex JTO-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$43.37
- Price spread: −0.345% → 0.000%
- −$34.45
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$93.83
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Paradex: 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 Paradex no order-book sample | — | — | — | — | — |
GMX and Paradex: 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 | −0.0326% | 1h | 0.5209 | −0.046% | $13K | $10K | 10x | as long as short |
| OKX JTO-USDT-SWAP | −0.0066% | 4h | 0.5183 | −0.545% | $3.9M | $9.4M | 50x | as long as short |
| Gate JTO_USDT | −0.0010% | 8h | 0.5200 | −0.218% | $920K | $1.2M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5191 | −0.392% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +6.294% | — | — | — | as long as short |
| Paradex JTO-USD-PERPshort | +0.0017% | 8h | 0.5193 | −0.345% | $518 | — | 5x | |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −4.574% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5191 | −0.395% | $100K | $189K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5202 | −0.170% | $7.1M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5198 | −0.266% | $174K | $177K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
Gate JTO_USDT
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 | 0.5185 | −0.503% | $11.5M | $27.8M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5188 | −0.449% | $7.6M | $13.4M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5161 | −0.967% | $56K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5187 | −0.468% | $7.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5205 | −0.126% | $1.6M | $599K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5198 | −0.257% | $2.6M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5193 | −0.353% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5190 | −0.417% | $227K | $300K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5208 | −0.065% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5192 | −0.372% | $521K | $2.0M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]long | L +0.0224% / S −0.2181% | 1h | 0.5211 | long leg | $2K | — | 50x | |
| Kraken Futures PF_JTOUSD | +0.0245% | 1h | 0.5218 | +0.130% | $352K | $311K | 25x | as long as short |
| Phoenix JTO | +0.0312% | 1h | 0.5191 | −0.391% | $383K | $262K | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5204 | −0.142% | $64K | $130K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5203 | −0.161% | $627K | $599K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0446% | 1h | 0.5206 | −0.105% | $225K | $464K | 10x | 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
Extended JTO-USD
Kraken Futures PF_JTOUSD
Phoenix JTO
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Backpack JTO_USDC_PERP