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

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.024%
Price spread now: Hyperliquid against Bitget+0.218%7-day average +0.164% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$610.614% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.111%+$11 on $10k
Price spread, last 7 days−0.023%−$2 · spread now +0.218%, 7d avg +0.164%
Together, before fees+0.088%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 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 0.054% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.164%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget JTOUSDT0.51820.0100pay 0.0050% / 4h1h 41m$2.5M$2.4M50x
ShortHyperliquid JTO0.51930.0100get 0.0013% / 1h41m 39s$7.3M$3.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bitget. 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: +0.218% → +0.164%
$5.42
Slippage, 4 orders
−$40.4
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$55.98
Costs to cover
0.614%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Hyperliquid: live order book, 11 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 Bitget live order book, 1 min ago2.89 bp20.3 bp −$2061.3 bp −$613doesn't fitdoesn't fit
Sell Hyperliquid live order book, 11 min ago0.58 bp13.4 bp −$13doesn'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−0.0521%1h0.5183+0.019%$13K$11K10xas long as short
Gate JTO_USDT−0.0150%8h0.5181−0.019%$936K$1.5M75xas long as short
OKX JTO-USDT-SWAP−0.0107%4h0.5176−0.116%$3.9M$9.9M50xas long as short
dYdX JTO-USD0.0000%1h0.5185+0.066%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5540+6.899%as long as short
Paradex JTO-USD-PERP+0.0017%8h0.5179−0.057%$5175xas long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−4.033%$31$43K5.5xas long as short
Bulk JTO-USD+0.0064%1h0.5180−0.034%$56K$1K10xas long as short
Lighter JTO+0.0096%1h0.5189+0.143%$99K$174K10xas long as short
Hyperliquid JTOshort+0.0100%1h0.5193+0.218%$7.3M$3.1M5x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster JTOUSDT+0.0100%4h0.5185+0.051%$174K$176K10xas long as short
Binance JTOUSDT+0.0100%4h0.5178−0.072%$11.6M$27.9M75xas long as short
Bybit JTOUSDT+0.0100%4h0.5184+0.039%$7.5M$13.8M50xas long as short
MEXC JTO_USDT+0.0100%4h0.5181−0.019%$7.2M$3.7M50xas long as short
KuCoin JTOUSDTM+0.0100%4h0.5186+0.077%$1.6M$678K20xas long as short
Bitget JTOUSDTlong+0.0100%4h0.5182long leg$2.5M$2.4M50x
BingX JTO-USDT+0.0100%4h0.5181−0.019%$63.6Mas long as short
Variational Omni JTO+0.0100%4h0.5172−0.193%$183K$258Kas long as short
Orderly PERP_JTO_USDC_mythos+0.0100%4h0.51820.000%$4K$2K10xas long as short
Extended JTO-USD+0.0104%1h0.5179−0.056%$523K$854K10xas long as short
Backpack JTO_USDC_PERP+0.0209%1h0.5189+0.141%$228K$510K10xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0224% / S −0.2181%1h0.5188+0.107%$2K50xas long as short
Coinbase International JTO-PERP-INTX+0.0304%1h0.5192+0.193%$57K$125K25xas long as short
BloFin JTO-USDT+0.0340%4h0.5175−0.135%$641K$576K75xas long as short
Phoenix JTO+0.0463%1h0.5178−0.077%$372K$267K5xas long as short
Kraken Futures PF_JTOUSD+0.0513%1h0.5189+0.136%$353K$313K25xas long as short