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

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: Hyperliquid against Bulk+0.560%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.560% dearer against Bulk than usual: you sell high and buy low, +$56 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk JTO-USD0.51570.0100pay 0.0013% / 1h20m 06s$56K$15K10x
ShortHyperliquid JTO0.51860.0100get 0.0013% / 1h20m 06s$7.1M$3.3M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bulk. 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: +0.560% → 0.000%
$55.96
Slippage, 4 orders
no order book: not counted
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$39.96
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Bulk: no order-book sample; Hyperliquid: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bulk no order-book sample
Sell Hyperliquid live order book, 2 min ago1.06 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Bulk: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate JTO_USDT−0.0349%8h0.5184+0.521%$904K$1.0M75xas long as short
Deribit JTO_USDC-PERPETUAL−0.0329%1h0.5181+0.463%$13K$10K10xas long as short
dYdX JTO-USD0.0000%1h0.5189+0.617%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5539+7.411%as long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−3.571%$31$43K5.5xas long as short
Paradex JTO-USD-PERP+0.0082%8h0.5184+0.514%$5175xas long as short
Orderly PERP_JTO_USDC_mythos+0.0094%4h0.5182+0.482%$4K$65210xas long as short
Lighter JTO+0.0096%1h0.5189+0.618%$119K$228K10xas long as short
Hyperliquid JTOshort+0.0100%1h0.5186+0.560%$7.1M$3.3M5x
Aster JTOUSDT+0.0100%4h0.5186+0.564%$127K$219K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance JTOUSDT+0.0100%4h0.5178+0.405%$11.3M$27.2M75xas long as short
Bybit JTOUSDT+0.0100%4h0.5180+0.443%$7.3M$13.8M50xas long as short
OKX JTO-USDT-SWAP+0.0100%4h0.5176+0.366%$3.9M$9.3M50xas long as short
Bulk JTO-USDlong+0.0100%1h0.5157long leg$56K$15K10x
MEXC JTO_USDT+0.0100%4h0.5181+0.463%$6.7M$3.5M50xas long as short
KuCoin JTOUSDTM+0.0100%4h0.5188+0.589%$1.6M$586K20xas long as short
Bitget JTOUSDT+0.0100%4h0.5181+0.463%$2.4M$2.3M50xas long as short
BingX JTO-USDT+0.0100%4h0.5181+0.463%$68.0Mas long as short
Variational Omni JTO+0.0100%4h0.5191+0.648%$225K$288Kas long as short
Extended JTO-USD+0.0104%1h0.5179+0.415%$520K$1.7M10xas long as short
Backpack JTO_USDC_PERP+0.0127%1h0.5185+0.540%$268K$326K10xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0224% / S −0.2181%1h0.5182+0.488%$2K50xas long as short
Coinbase International JTO-PERP-INTX+0.0336%1h0.5197+0.773%$60K$135K25xas long as short
BloFin JTO-USDT+0.0340%4h0.5186+0.560%$620K$509K75xas long as short
Phoenix JTO+0.0464%1h0.5198+0.792%$384K$110K5xas long as short
Kraken Futures PF_JTOUSD+0.0672%1h0.5189+0.609%$346K$309K25xas long as short