Funding you earn now, next payment 23:00 UTC−0.0250%/8h= −27.4% APRpaid last 24h −0.061%
Price spread now: Gate against Hyperliquid−0.166%7-day average −0.179% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1061.061% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 4 days (all we have)−0.236%−$24 · spread now −0.166%, 7d avg −0.179%
=Together, before fees−0.375%+ Points / potential airdropHyperliquid: Season 2 · farm board−$37 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.179%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.138% in total (about -7.2% 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 | Hyperliquid JTO | 0.5188 | 0.0100 | pay 0.0013% / 1h | 41m 02s | $7.3M | $3.1M | 5x |
| Short | Gate JTO_USDT | 0.5179 | −0.0150 | pay 0.0150% / 8h | 1h 41m | $936K | $1.5M | 75x |
Hyperliquid JTO
Gate JTO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$52.5
- Price spread: −0.166% → −0.179%
- $1.29
- Slippage, 4 orders
- −$82.05
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$157.26
- Costs to cover
- 1.061%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; Gate: live order book, 1 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, 11 min ago | 0.58 bp | 12.7 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.82 bp | 43.8 bp −$44 | 83.8 bp −$838 | 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 | −0.0522% | 1h | 0.5179 | −0.166% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDTshort | −0.0150% | 8h | 0.5179 | −0.166% | $936K | $1.5M | 75x | |
| OKX JTO-USDT-SWAP | −0.0102% | 4h | 0.5179 | −0.166% | $3.9M | $9.9M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5185 | −0.042% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +6.785% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0017% | 8h | 0.5179 | −0.165% | $517 | — | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −4.137% | $31 | $43K | 5.5x | as long as short |
| Bulk JTO-USD | +0.0064% | 1h | 0.5180 | −0.142% | $56K | $1K | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5184 | −0.071% | $99K | $174K | 10x | as long as short |
| Hyperliquid JTOlong | +0.0100% | 1h | 0.5188 | long leg | $7.3M | $3.1M | 5x |
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Paradex JTO-USD-PERP
Injective JTO/USDC PERP
Bulk JTO-USD
Lighter JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5182 | −0.111% | $174K | $176K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5179 | −0.166% | $11.6M | $27.9M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5184 | −0.069% | $7.5M | $13.8M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5177 | −0.204% | $7.2M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5185 | −0.058% | $1.6M | $678K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5183 | −0.089% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5181 | −0.127% | — | $63.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5172 | −0.301% | $183K | $258K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5179 | −0.166% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5178 | −0.185% | $523K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5182 | −0.112% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0231% | 1h | 0.5186 | −0.023% | $228K | $510K | 10x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0304% | 1h | 0.5192 | +0.085% | $57K | $125K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5185 | −0.050% | $640K | $578K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5178 | −0.185% | $372K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0513% | 1h | 0.5184 | −0.063% | $353K | $313K | 25x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
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]
Backpack JTO_USDC_PERP
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD