Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.024%
Price spread now: Hyperliquid against Binance+0.364%7-day average +0.187% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$540.541% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 7 days−0.158%−$16 · spread now +0.364%, 7d avg +0.187%
=Together, before fees−0.044%+ Points / potential airdropHyperliquid: Season 2 · farm board−$4 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 0.177% dearer against Binance than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.187%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance JTOUSDT | 0.5150 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $11.3M | $28.0M | 75x |
| Short | Hyperliquid JTO | 0.5169 | 0.0100 | get 0.0013% / 1h | 46m 32s | $7.1M | $3.1M | 5x |
Binance JTOUSDT
Hyperliquid JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Binance. 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
- $0
- Price spread: +0.364% → +0.187%
- $17.71
- Slippage, 4 orders
- −$35.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$36.37
- Costs to cover
- 0.541%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Hyperliquid: live order book, 6 min ago.
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 Binance live order book, 10 min ago | 0.97 bp | 13.4 bp −$13 | 27.9 bp −$279 | 300.4 bp −$30.0K | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 0.29 bp | 15.3 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0401% | 8h | 0.5157 | +0.133% | $917K | $1.2M | 75x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0332% | 1h | 0.5155 | +0.095% | $13K | $11K | 10x | as long as short |
| OKX JTO-USDT-SWAP | −0.0044% | 4h | 0.5149 | −0.022% | $3.9M | $9.5M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0003% | 8h | 0.5154 | +0.067% | $514 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5166 | +0.312% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.556% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.439% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5158 | +0.145% | $101K | $187K | 10x | as long as short |
| Hyperliquid JTOshort | +0.0100% | 1h | 0.5169 | +0.364% | $7.1M | $3.1M | 5x | |
| Aster JTOUSDT | +0.0100% | 4h | 0.5157 | +0.139% | $173K | $177K | 10x | as long as short |
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Lighter JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDTlong | +0.0100% | 4h | 0.5150 | long leg | $11.3M | $28.0M | 75x | |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5154 | +0.075% | $7.5M | $13.6M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5140 | −0.203% | $56K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5155 | +0.095% | $7.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5162 | +0.229% | $1.6M | $598K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5160 | +0.192% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5155 | +0.095% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5152 | +0.040% | $226K | $305K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5156 | +0.114% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5155 | +0.093% | $519K | $1.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5155 | +0.086% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0247% | 1h | 0.5160 | +0.196% | $348K | $312K | 25x | as long as short |
| Phoenix JTO | +0.0312% | 1h | 0.5151 | +0.017% | $370K | $262K | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5158 | +0.153% | $56K | $113K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5148 | −0.041% | $619K | $611K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0564% | 1h | 0.5167 | +0.330% | $223K | $463K | 10x | as long as short |
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
GMX JTO/USD [WBTC.b-USDC]
Kraken Futures PF_JTOUSD
Phoenix JTO
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Backpack JTO_USDC_PERP