Funding you earn now, next payment 22:00 UTC+0.2071%/8h= +226.8% APRnext payment +$2.59 per $10,000 · paid last 24h +0.546%
Price spread now: GMX against Hyperliquid−0.018%56s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$62 a day on $10k at the current rate. The two prices were read 56 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 | 0.5165 | 0.0110 | pay 0.0014% / 1h | 39m 31s | $7.3M | $3.2M | 5x |
| Short | GMX JTO/USD [WBTC.b-USDC] | 0.5164 | L +0.0224% / S −0.2181% | get 0.0273% / 1h | 39m 31s | $2K | — | 50x |
Hyperliquid JTO
GMX JTO/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $434.91
- Price spread: −0.018% → 0.000%
- −$1.76
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $412.15
- Costs to cover
- 0.210%
- Break-even
- 0.4 days
Slippage unknown: Hyperliquid: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.
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, 3 min ago | 0.87 bp | 10.5 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0718% | 1h | 0.5160 | −0.089% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0148% | 8h | 0.5155 | −0.186% | $934K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0077% | 4h | 0.5153 | −0.225% | $3.9M | $9.8M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5159 | −0.099% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.257% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0010% | 8h | 0.5152 | −0.241% | $514 | — | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.710% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5163 | −0.039% | $100K | $184K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5161 | −0.077% | $173K | $175K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5153 | −0.225% | $11.6M | $27.8M | 75x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Paradex JTO-USD-PERP
Injective JTO/USDC PERP
Lighter JTO
Aster JTOUSDT
Binance JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | +0.0100% | 4h | 0.5157 | −0.147% | $7.5M | $13.5M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5153 | −0.225% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5160 | −0.097% | $1.6M | $571K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5160 | −0.089% | $2.6M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5154 | −0.205% | — | $63.5M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5155 | −0.185% | $183K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5159 | −0.108% | $4K | $2K | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5148 | −0.321% | $56K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5153 | −0.228% | $523K | $854K | 10x | as long as short |
| Hyperliquid JTOlong | +0.0110% | 1h | 0.5165 | long leg | $7.3M | $3.2M | 5x | |
| Backpack JTO_USDC_PERP | +0.0132% | 1h | 0.5169 | +0.083% | $264K | $511K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]short | L +0.0224% / S −0.2181% | 1h | 0.5164 | −0.018% | $2K | — | 50x | |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5202 | +0.724% | $57K | $126K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5146 | −0.360% | $643K | $574K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5162 | −0.050% | $371K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0609% | 1h | 0.5168 | +0.063% | $352K | $312K | 25x | as long as short |
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
Backpack JTO_USDC_PERP
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD