Funding you earn now, next payment 05:00 UTC+0.0455%/8h= +49.8% APRpaid last 24h +0.081%
Price spread now: Hyperliquid against Gate+0.220%7-day average +0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1101.105% of the position
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 7 days−0.075%−$7 · spread now +0.220%, 7d avg +0.144%
=Together, before fees+0.095%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Hyperliquid is 0.076% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.144%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.170% in total (about 8.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate JTO_USDT | 0.5136 | −0.0355 | get 0.0355% / 8h | 3h 09m | $888K | $1.0M | 75x |
| Short | Hyperliquid JTO | 0.5147 | 0.0100 | get 0.0013% / 1h | 9m 07s | $7.0M | $3.0M | 5x |
Gate JTO_USDT
Hyperliquid JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Gate. 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
- $95.55
- Price spread: +0.220% → +0.144%
- $7.6
- Slippage, 4 orders
- −$86.45
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$7.31
- Costs to cover
- 1.105%
- Break-even
- 7.5 days
Slippage from Gate: live order book, 3 min ago; Hyperliquid: live order book, 3 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 Gate live order book, 3 min ago | 4.85 bp | 43.7 bp −$44 | 91.0 bp −$910 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.87 bp | 13.4 bp −$13 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit JTO_USDC-PERPETUAL | −0.0529% | 1h | 0.5132 | −0.078% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDTlong | −0.0355% | 8h | 0.5136 | long leg | $888K | $1.0M | 75x | |
| Bybit JTOUSDT | −0.0228% | 4h | 0.5140 | +0.078% | $7.0M | $14.0M | 50x | as long as short |
| OKX JTO-USDT-SWAP | −0.0002% | 4h | 0.5138 | +0.039% | $3.8M | $9.3M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5145 | +0.176% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.855% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.174% | $31 | $43K | 5.5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5133 | −0.058% | $4K | $652 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5136 | +0.008% | $116K | $228K | 10x | as long as short |
| Paradex JTO-USD-PERP | +0.0097% | 8h | 0.5142 | +0.108% | $513 | — | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Bybit JTOUSDT
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Paradex JTO-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid JTOshort | +0.0100% | 1h | 0.5147 | +0.220% | $7.0M | $3.0M | 5x | |
| Aster JTOUSDT | +0.0100% | 4h | 0.5141 | +0.103% | $122K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5138 | +0.039% | $11.2M | $27.5M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5157 | +0.409% | $56K | $9K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5136 | 0.000% | $6.1M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5145 | +0.181% | $1.5M | $603K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5140 | +0.078% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5136 | 0.000% | — | $27.5M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5143 | +0.128% | $222K | $240K | — | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5130 | −0.113% | $524K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5135 | −0.016% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0310% | 1h | 0.5172 | +0.701% | $382K | $114K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5137 | +0.019% | $613K | $519K | 75x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0380% | 1h | 0.5140 | +0.082% | $332K | $313K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5181 | +0.876% | $59K | $137K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.0629% | 1h | 0.5144 | +0.165% | $264K | $310K | 10x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Phoenix JTO
BloFin JTO-USDT
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP