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

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.024%
Price spread now: BingX against Hyperliquid−0.097%7-day average −0.168% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$600.605% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.083%−$8 on $10k
Price spread, last 7 days−0.081%−$8 · spread now −0.097%, 7d avg −0.168%
Together, before fees−0.164%+ Points / potential airdropHyperliquid: Season 2 · farm board−$16 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: BingX is 0.071% dearer against Hyperliquid than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.168%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid JTO0.51670.0100pay 0.0013% / 1h46m 53s$7.1M$3.1M5x
ShortBingX JTO-USDT0.51620.0100get 0.0050% / 4h3h 46m$67.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Hyperliquid. 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: −0.097% → −0.168%
$7.08
Slippage, 4 orders
−$41.48
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$53.4
Costs to cover
0.605%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; BingX: live order book, 2 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 Hyperliquid live order book, 5 min ago0.29 bp16.8 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 2 min ago1.95 bp15.2 bp −$1534.2 bp −$342202.9 bp −$20.3K584.1 bp −$292.1K

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−0.0332%1h0.5155−0.232%$13K$11K10xas long as short
Gate JTO_USDT−0.0227%8h0.5160−0.135%$918K$1.2M75xas long as short
OKX JTO-USDT-SWAP−0.0044%4h0.5157−0.194%$3.9M$9.5M50xas long as short
Paradex JTO-USD-PERP−0.0003%8h0.5149−0.347%$5145xas long as short
dYdX JTO-USD0.0000%1h0.5153−0.269%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5539+7.205%as long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−3.755%$31$43K5.5xas long as short
Lighter JTO+0.0096%1h0.5157−0.203%$101K$187K10xas long as short
Hyperliquid JTOlong+0.0100%1h0.5167long leg$7.1M$3.1M5x
Aster JTOUSDT+0.0100%4h0.5162−0.090%$173K$177K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance JTOUSDT+0.0100%4h0.5161−0.114%$11.3M$28.0M75xas long as short
Bybit JTOUSDT+0.0100%4h0.5163−0.077%$7.5M$13.6M50xas long as short
Bulk JTO-USD+0.0100%1h0.5140−0.529%$56K−$010xas long as short
MEXC JTO_USDT+0.0100%4h0.5162−0.097%$7.0M$3.6M50xas long as short
KuCoin JTOUSDTM+0.0100%4h0.5164−0.058%$1.6M$598K20xas long as short
Bitget JTOUSDT+0.0100%4h0.5163−0.077%$2.5M$2.4M50xas long as short
BingX JTO-USDTshort+0.0100%4h0.5162−0.097%$67.9M
Variational Omni JTO+0.0100%4h0.5152−0.286%$226K$305Kas long as short
Orderly PERP_JTO_USDC_mythos+0.0100%4h0.5156−0.213%$4K$2K10xas long as short
Extended JTO-USD+0.0104%1h0.5160−0.144%$519K$1.2M10xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0224% / S −0.2181%1h0.5155−0.241%$2K50xas long as short
Kraken Futures PF_JTOUSD+0.0247%1h0.5160−0.131%$348K$312K25xas long as short
Phoenix JTO+0.0312%1h0.5151−0.310%$370K$262K5xas long as short
Coinbase International JTO-PERP-INTX+0.0320%1h0.5158−0.174%$56K$113K25xas long as short
BloFin JTO-USDT+0.0340%4h0.5148−0.368%$619K$611K75xas long as short
Backpack JTO_USDC_PERP+0.0564%1h0.5167+0.002%$223K$463K10xas long as short