Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.042%
Price spread now: Hyperliquid against Bybit+0.151%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$600.603% of the position
Funding, last 7 days+0.249%+$25 on $10k
+Price spread, last 7 days−0.069%−$7 · spread now +0.151%, 7d avg +0.126%
=Together, before fees+0.181%+ Points / potential airdropHyperliquid: 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 0.025% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.126%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit JTOUSDT | 0.5114 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $7.3M | $13.7M | 50x |
| Short | Hyperliquid JTO | 0.5122 | 0.0100 | get 0.0013% / 1h | 44m 22s | $7.0M | $3.3M | 5x |
Bybit JTOUSDT
Hyperliquid JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bybit. 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: +0.151% → +0.126%
- $2.47
- Slippage, 4 orders
- −$40.33
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$57.85
- Costs to cover
- 0.603%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Hyperliquid: live order book, 8 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 Bybit live order book, 4 min ago | 0.98 bp | 6.7 bp −$7 | 71.5 bp −$715 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.16 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 | −0.0313% | 8h | 0.5113 | −0.020% | $893K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5122 | +0.158% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.321% | — | — | — | as long as short |
| Deribit JTO_USDC-PERPETUAL | 0.0000% | 1h | 0.5121 | +0.137% | $13K | $10K | 10x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.757% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0075% | 8h | 0.5113 | −0.016% | $510 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5115 | +0.020% | $3K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5121 | +0.143% | $117K | $228K | 10x | as long as short |
| Hyperliquid JTOshort | +0.0100% | 1h | 0.5122 | +0.151% | $7.0M | $3.3M | 5x | |
| Aster JTOUSDT | +0.0100% | 4h | 0.5116 | +0.032% | $126K | $219K | 10x | as long as short |
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Deribit JTO_USDC-PERPETUAL
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5111 | −0.051% | $11.2M | $27.2M | 75x | as long as short |
| Bybit JTOUSDTlong | +0.0100% | 4h | 0.5114 | long leg | $7.3M | $13.7M | 50x | |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5111 | −0.059% | $3.8M | $9.2M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5097 | −0.332% | $55K | $15K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5113 | −0.020% | $6.6M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5121 | +0.127% | $1.6M | $587K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5118 | +0.078% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5113 | −0.020% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5124 | +0.194% | $267K | $332K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5091 | −0.457% | $221K | $288K | — | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5110 | −0.086% | $517K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5114 | −0.001% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0336% | 1h | 0.5109 | −0.098% | $59K | $134K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5122 | +0.156% | $625K | $511K | 75x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5147 | +0.645% | $380K | $110K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0680% | 1h | 0.5124 | +0.186% | $344K | $306K | 25x | as long as short |
Binance JTOUSDT
OKX JTO-USDT-SWAP
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD