Funding you earn now, next payment 00:00 UTC−0.0123%/8h= −13.5% APRpaid last 24h −0.035%
Price spread now: Variational Omni against GMX−0.144%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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.144% cheaper against GMX than usual: you would sell low and buy high (−$14 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] | 0.5113 | L +0.0223% / S −0.2181% | pay 0.0028% / 1h | 22m 08s | $2K | — | 50x |
| Short | Variational Omni JTO | 0.5105 | 0.0100 | get 0.0050% / 4h | 22m 08s | $223K | $305K | — |
GMX JTO/USD [WBTC.b-USDC]
Variational Omni JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$25.91
- Price spread: −0.144% → 0.000%
- −$14.43
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$52.34
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 57 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 Variational Omni RFQ quote, 57 min ago | 5.86 bp | doesn't fit | 58.6 bp −$586 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate JTO_USDT | −0.0192% | 8h | 0.5104 | −0.172% | $905K | $1.5M | 75x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0141% | 1h | 0.5112 | −0.015% | $13K | $11K | 10x | as long as short |
| Paradex JTO-USD-PERP | −0.0029% | 8h | 0.5102 | −0.204% | $509 | — | 5x | as long as short |
| OKX JTO-USDT-SWAP | −0.0012% | 4h | 0.5104 | −0.172% | $3.8M | $9.5M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5099 | −0.265% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.340% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.734% | $31 | $43K | 5.5x | as long as short |
| Bulk JTO-USD | +0.0034% | 1h | 0.5106 | −0.143% | $55K | $1K | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5111 | −0.043% | $101K | $193K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5116 | +0.066% | $7.0M | $3.2M | 5x | as long as short |
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
Paradex JTO-USD-PERP
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Bulk JTO-USD
Lighter JTO
Hyperliquid JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5110 | −0.062% | $171K | $177K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5109 | −0.065% | $11.3M | $28.1M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5110 | −0.055% | $7.4M | $13.9M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5107 | −0.113% | $7.0M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5111 | −0.035% | $1.6M | $631K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5109 | −0.074% | $2.5M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5106 | −0.133% | — | $67.9M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5113 | −0.004% | $225K | $470K | 10x | as long as short |
| Variational Omni JTOshort | +0.0100% | 4h | 0.5105 | −0.144% | $223K | $305K | — | |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5112 | −0.015% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5108 | −0.093% | $518K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]long | L +0.0223% / S −0.2181% | 1h | 0.5113 | long leg | $2K | — | 50x | |
| Kraken Futures PF_JTOUSD | +0.0226% | 1h | 0.5115 | +0.041% | $345K | $313K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0296% | 1h | 0.5172 | +1.158% | $57K | $115K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5098 | −0.289% | $628K | $609K | 75x | as long as short |
| Phoenix JTO | +0.0465% | 1h | 0.5103 | −0.191% | $366K | $266K | 5x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO