Funding you earn now, next payment 07:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.24 per $10,000 · paid last 24h −0.052%
Price spread now: Injective against GMX−2.339%57s7-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 −$6 a day on $10k at the current rate, and Injective is 2.339% cheaper against GMX than usual: you would sell low and buy high (−$234 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 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] | 0.5092 | L +0.0224% / S −0.2181% | pay 0.0028% / 1h | 1m 56s | $2K | — | 50x |
| Short | Injective JTO/USDC PERP | 0.4973 | 0.0033 | get 0.0004% / 1h | 1m 56s | $31 | $43K | 5.5x |
GMX JTO/USD [WBTC.b-USDC]
Injective JTO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$39.95
- Price spread: −2.339% → 0.000%
- −$233.89
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$285.86
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Injective: 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 Injective no order-book sample | — | — | — | — | — |
GMX and Injective: 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 | −0.0535% | 1h | 0.5089 | −0.061% | $13K | $30K | 10x | as long as short |
| Gate JTO_USDT | −0.0106% | 8h | 0.5090 | −0.041% | $884K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5094 | +0.037% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.788% | — | — | — | as long as short |
| Injective JTO/USDC PERPshort | +0.0033% | 1h | 0.4973 | −2.339% | $31 | $43K | 5.5x | |
| Bybit JTOUSDT | +0.0058% | 4h | 0.5084 | −0.159% | $6.8M | $14.3M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0083% | 8h | 0.5088 | −0.073% | $487 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5096 | +0.069% | $114K | $243K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5096 | +0.077% | $6.9M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5093 | +0.011% | $119K | $228K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Bybit JTOUSDT
Paradex JTO-USD-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 | 0.5087 | −0.100% | $10.8M | $28.7M | 75x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5080 | −0.238% | $3.8M | $9.7M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5092 | +0.008% | $55K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5086 | −0.120% | $6.1M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5094 | +0.041% | $1.5M | $595K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5093 | +0.018% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5089 | −0.061% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5087 | −0.108% | $218K | $235K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5090 | −0.041% | $4K | $918 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5084 | −0.156% | $521K | $2.3M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]long | L +0.0224% / S −0.2181% | 1h | 0.5092 | long leg | $2K | — | 50x | |
| Backpack JTO_USDC_PERP | +0.0236% | 1h | 0.5095 | +0.063% | $236K | $320K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5102 | +0.194% | $588K | $564K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0456% | 1h | 0.5110 | +0.352% | $57K | $139K | 25x | as long as short |
| Phoenix JTO | +0.0467% | 1h | 0.5101 | +0.175% | $376K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0847% | 1h | 0.5095 | +0.057% | $323K | $369K | 25x | as long as short |
Binance JTOUSDT
OKX JTO-USDT-SWAP
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Backpack JTO_USDC_PERP
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD