Spread before costs (cost unknown: a leg has no order-book sample)+0.098%
7d average—if it closes, per $10,000$10funding while held, a day+$63.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit JTOUSDT | 0.5111 | 0.0081 | pay 0.0041% / 4h | 3h 49m | $7.6M | $12.6M | 50x |
| Short | GMX JTO/USD [WBTC.b-USDC] | 0.5116 | L +0.0224% / S −0.2181% | get 0.0273% / 1h | 49m 52s | $2K | — | 50x |
Bybit JTOUSDT
GMX JTO/USD [WBTC.b-USDC]Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $9.78
- Funding while held
- $63
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $49.78
- Spread needed to break even
- 0.230%
Slippage unknown: Bybit: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.2100%
- Per $10,000 a day
- +$63.00
- Average in range /8h
- —
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 Bybit live order book, 5 min ago | 0.98 bp | 22.8 bp −$23 | 67.9 bp −$679 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4973cheapestOKX0.5103+2.614%Gate0.5103+2.614%Extended0.5106+2.674%Binance0.5106+2.674%MEXC0.5106+2.674%BingX0.5107+2.695%Paradex0.5107+2.699%
Injective
OKX
Gate
Extended
Binance
MEXC
BingX
ParadexBybit0.5111+2.775%
dYdX0.5112+2.795%BloFin0.5112+2.795%KuCoin0.5113+2.809%Aster0.5113+2.813%Orderly0.5113+2.815%Deribit0.5113+2.815%Bitget0.5115+2.855%Backpack0.5115+2.861%
dYdX
BloFin
KuCoin
Aster
Orderly
Deribit
Bitget
BackpackGMX0.5116+2.876%
Variational Omni0.5116+2.884%Hyperliquid0.5117+2.902%Kraken Futures0.5118+2.912%Lighter0.5119+2.936%Bulk0.5132+3.197%Phoenix0.5140+3.358%Coinbase International0.5160+3.760%
Variational Omni
Hyperliquid
Kraken Futures
Lighter
Bulk
Phoenix
Coinbase InternationalReya0.5539+11.384%
ReyaJTO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective JTO/USDC PERP | −2.700% | +0.0033% | 1h | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | −0.157% | +0.0075% | 4h | $3.9M | $10.6M | 50x | as long as short |
| Gate JTO_USDT | −0.157% | −0.1433% | 8h | $958K | $1.6M | 75x | as long as short |
| Extended JTO-USD | −0.098% | +0.0104% | 1h | $510K | $844K | 10x | as long as short |
| Binance JTOUSDT | −0.098% | +0.0100% | 4h | $11.8M | $30.3M | 75x | as long as short |
| MEXC JTO_USDT | −0.098% | +0.0100% | 4h | $7.0M | $4.4M | 50x | as long as short |
| BingX JTO-USDT | −0.078% | +0.0100% | 4h | — | $63.5M | — | as long as short |
| Paradex JTO-USD-PERP | −0.074% | −0.0016% | 8h | $510 | — | 5x | as long as short |
| Bybit JTOUSDTlong | 0.000% | +0.0081% | 4h | $7.6M | $12.6M | 50x | |
| dYdX JTO-USD | +0.020% | 0.0000% | 1h | $4K | $4K | 5x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin JTO-USDT | +0.020% | +0.0340% | 4h | $686K | $587K | 75x | as long as short |
| KuCoin JTOUSDTM | +0.033% | +0.0100% | 4h | $1.3M | $563K | 20x | as long as short |
| Aster JTOUSDT | +0.037% | +0.0100% | 4h | $173K | $221K | 10x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.039% | +0.0100% | 4h | $4K | $4K | 10x | as long as short |
| Deribit JTO_USDC-PERPETUAL | +0.039% | −0.0532% | 1h | $23K | $815 | 10x | as long as short |
| Bitget JTOUSDT | +0.078% | +0.0100% | 4h | $2.6M | $2.4M | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.084% | +0.0100% | 1h | $265K | $582K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]short | +0.098% | L +0.0224% / S −0.2181% | 1h | $2K | — | 50x | |
| Variational Omni JTO | +0.106% | +0.0100% | 4h | $212K | $275K | — | as long as short |
| Hyperliquid JTO | +0.123% | +0.0100% | 1h | $7.2M | $4.2M | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.133% | +0.0457% | 1h | $337K | $271K | 25x | as long as short |
| Lighter JTO | +0.157% | +0.0096% | 1h | $122K | $163K | 10x | as long as short |
| Bulk JTO-USD | +0.411% | +0.0100% | 1h | $55K | $737 | 10x | as long as short |
| Phoenix JTO | +0.567% | +0.0310% | 1h | $380K | $274K | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.959% | +0.0288% | 1h | $58K | $142K | 25x | as long as short |
| Reya JTORUSDPERP | +8.377% | 0.0000% | 1h | — | — | — | as long as short |