Funding you earn now, next payment 01:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.048%
Price spread now: BloFin against Hyperliquid−0.311%67s7-day average −0.226% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$540.542% of the position
Funding, last 7 days+0.355%+$35 on $10k
+Price spread, last 3 days (all we have)+0.033%+$3 · spread now −0.311%, 7d avg −0.226%
=Together, before fees+0.387%+ Points / potential airdropHyperliquid: Season 2 · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.084% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.311% now, against its 7-day average of −0.226%). If the spread goes back, that is −$8 on $10k: about 28 hours of funding at the current rate (+$7 a day). The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid JTO | 0.5182 | 0.0100 | pay 0.0013% / 1h | 41m 57s | $7.1M | $3.1M | 5x |
| Short | BloFin JTO-USDT | 0.5166 | 0.0340 | get 0.0170% / 4h | 3h 41m | $621K | $604K | 75x |
Hyperliquid JTO
BloFin JTO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Hyperliquid. 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
- $50.4
- Price spread: −0.311% → −0.226%
- −$8.45
- Slippage, 4 orders
- −$33.21
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$12.26
- Costs to cover
- 0.542%
- Break-even
- 8.7 days
Slippage from Hyperliquid: live order book, 10 min ago; BloFin: live order book, 29 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 Hyperliquid live order book, 10 min ago | 0.29 bp | 16.8 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 29 min ago | 1.96 bp | 9.8 bp −$10 | 21.4 bp −$214 | 85.8 bp −$8,575 | 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 | −0.0522% | 1h | 0.5175 | −0.137% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0413% | 8h | 0.5175 | −0.137% | $916K | $1.2M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0065% | 4h | 0.5168 | −0.272% | $3.9M | $9.5M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0004% | 8h | 0.5170 | −0.237% | $516 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5170 | −0.233% | $4K | $4K | 5x | as long as short |
| Bybit JTOUSDT | 0.0000% | 4h | 0.5174 | −0.156% | $7.6M | $13.6M | 50x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +6.893% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −4.035% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5178 | −0.085% | $102K | $187K | 10x | as long as short |
| Hyperliquid JTOlong | +0.0100% | 1h | 0.5182 | long leg | $7.1M | $3.1M | 5x |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
dYdX JTO-USD
Bybit JTOUSDT
Reya JTORUSDPERP
Injective JTO/USDC PERP
Lighter JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5181 | −0.028% | $174K | $177K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5169 | −0.249% | $11.4M | $28.0M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5140 | −0.819% | $56K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5168 | −0.272% | $7.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5179 | −0.054% | $1.6M | $598K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5174 | −0.156% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5175 | −0.137% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5155 | −0.529% | $225K | $304K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5175 | −0.137% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5168 | −0.273% | $526K | $1.5M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5179 | −0.058% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0246% | 1h | 0.5184 | +0.030% | $350K | $312K | 25x | as long as short |
| Phoenix JTO | +0.0312% | 1h | 0.5165 | −0.330% | $371K | $262K | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5163 | −0.369% | $66K | $123K | 25x | as long as short |
| BloFin JTO-USDTshort | +0.0340% | 4h | 0.5166 | −0.311% | $621K | $604K | 75x | |
| Backpack JTO_USDC_PERP | +0.0681% | 1h | 0.5181 | −0.019% | $224K | $463K | 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
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Kraken Futures PF_JTOUSD
Phoenix JTO
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP