Settings8H · net · $10k
Funding arb · Price arb /

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.024%
Price spread now: Hyperliquid against Aster+0.038%7-day average +0.123% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1091.092% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.087%+$9 on $10k
Price spread, last 4 days (all we have)+0.089%+$9 · spread now +0.038%, 7d avg +0.123%
Together, before fees+0.176%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.085% cheaper against Aster than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.123%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster JTOUSDT0.51470.0100pay 0.0050% / 4h37m 28s$173K$176K10x
ShortHyperliquid JTO0.51490.0100get 0.0013% / 1h37m 28s$7.2M$3.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.038% → +0.123%
−$8.45
Slippage, 4 orders
−$92.2
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$117.65
Costs to cover
1.092%
Break-even
never at this rate
Slippage from Aster: live order book, 39 min ago; Hyperliquid: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 39 min ago8.80 bp60.3 bp −$60doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago0.58 bp16.6 bp −$17doesn't fitdoesn't fitdoesn't fit

JTO on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit JTO_USDC-PERPETUAL−0.0527%1h0.5145−0.036%$13K$11K10xas long as short
Gate JTO_USDT−0.0165%8h0.5146−0.016%$927K$1.4M75xas long as short
Paradex JTO-USD-PERP−0.0006%8h0.5141−0.119%$5135xas long as short
dYdX JTO-USD0.0000%1h0.5145−0.032%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5539+7.625%as long as short
OKX JTO-USDT-SWAP+0.0001%4h0.5138−0.172%$3.9M$9.5M50xas long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−3.377%$31$43K5.5xas long as short
Bulk JTO-USD+0.0068%1h0.5153+0.120%$56K$1K10xas long as short
Lighter JTO+0.0096%1h0.5152+0.106%$107K$182K10xas long as short
Hyperliquid JTOshort+0.0100%1h0.5149+0.038%$7.2M$3.1M5x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster JTOUSDTlong+0.0100%4h0.5147long leg$173K$176K10x
Binance JTOUSDT+0.0100%4h0.5139−0.156%$11.4M$27.9M75xas long as short
Bybit JTOUSDT+0.0100%4h0.5143−0.074%$7.4M$13.8M50xas long as short
MEXC JTO_USDT+0.0100%4h0.5141−0.113%$7.1M$3.7M50xas long as short
KuCoin JTOUSDTM+0.0100%4h0.5148+0.023%$1.6M$631K20xas long as short
Bitget JTOUSDT+0.0100%4h0.5143−0.074%$2.5M$2.3M50xas long as short
BingX JTO-USDT+0.0100%4h0.5140−0.133%$67.9Mas long as short
Variational Omni JTO+0.0100%4h0.5164+0.331%$227K$303Kas long as short
Orderly PERP_JTO_USDC_mythos+0.0100%4h0.5146−0.016%$4K$2K10xas long as short
Extended JTO-USD+0.0104%1h0.5140−0.131%$524K$854K10xas long as short
Backpack JTO_USDC_PERP+0.0143%1h0.5153+0.118%$226K$473K10xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0224% / S −0.2181%1h0.5149+0.039%$2K50xas long as short
Kraken Futures PF_JTOUSD+0.0225%1h0.5151+0.087%$348K$312K25xas long as short
Coinbase International JTO-PERP-INTX+0.0296%1h0.5172+0.489%$57K$116K25xas long as short
BloFin JTO-USDT+0.0340%4h0.5144−0.055%$632K$615K75xas long as short
Phoenix JTO+0.0465%1h0.5156+0.178%$370K$266K5xas long as short