JTO

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	HyperliquidJTO	0.3348	+0.0100	pay 0.0013% / 1h	15m 57s	$1.8M	$851K	5x	Long Hyperliquid4% off
SHORT	Kraken FuturesPF_JTOUSD	0.3343	−0.0260	pay 0.0033% / 1h	15m 57s	$197K	$60K	25x	Short Kraken Futures

Price gap−0.157%

Funding gap−0.0360% /8h

Both sides work against this direction now: funding costs $11 a day on $10k and the gap is 0.184% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$53−0.0360% /8h now · paid +0.531% over the last 7D

Price−$18spread −0.157% now, avg +0.027% → −0.184% if it goes back

Costs−$1351.354% of $10k · taker + slippage, in and out

Result−$101−1.01%+ Points / potential airdropHyperliquid: Season 2 · farm board

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.157%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

JTO on 24 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size12.3 / 67.2 bp
At $10k entering Kraken Futures costs 67.2 bp, fee and slippage, 5.5× Hyperliquid’s.
Note: Margin at max leverage$2,000 + $400
Hyperliquid 5x, Kraken Futures 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$10.81Long Hyperliquid: 24 payments, −$3.00; short Kraken Futures: 24 payments, −$7.81.
Watch: Gap narrower than usual−0.157% vs +0.027%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$197K vs $1.8M OI
Kraken Futures sets your exit cost. Check its book before closing.
OK: Points on a legHyperliquid Season 2
Volume here counts toward the points program.
Watch: KYCHyperliquid No · Kraken Futures Yes
Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0253%/8h × 21 periods+$53.06

Price spread−0.157% → +0.027% (7d avg)−$18.38

Slippage, 4 orderslive order books−$116.41

Fee Hyperliquid bp × 2 orders−$9.00

Fee Kraken Futures bp × 2 orders−$10.00

Net · 7 days · $10k−$100.73

Costs to cover1.354%Break-even20.3 days

Slippage: Hyperliquid: live order book, 8 min ago; Kraken Futures: live order book, 24 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGHyperliquid4.5012.3 bp−$1244.4 bp−$444doesn’t fitdoesn’t fit

SELL · SHORTKraken Futures24.2467.2 bp−$67160.8 bp−$1,608doesn’t fitdoesn’t fit

Closing costs about the same again.

JTO news

posts that mention JTO, from every exchange

11-03 07:08	Binance	Other	Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗
09-28 15:16	Phoenix	Contest	It’s Solana Ecosystem week on Frontier Traders. Trade SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, and FARTCOIN perpetuals on Phoenix to compete for a $25,000 prize pool across Volume and PnL leaderboards. @PhoenixTrade on X ↗
09-25 14:48	Phoenix	Contest	$SOL went up, and so did the rewards. Earn an additional $25k in rewards for trading @solana ecosystem tokens on Phoenix this week, courtesy of @joinfrontier SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, FART @PhoenixTrade on X ↗
09-18 10:04	Deribit	Listing	🚨 Now live on Deribit: MORPHO · AERO · BASED1 · S · EIGEN · JTO · NIGHT · AVNT · STRK · COMP · ALT · DYDX · OPN · TOWNS · PYTH · RUNE · RESOLV · ATOM USDC-settled perpetuals. ↓ @DeribitOfficial on X ↗
09-17 15:30	Deribit	Listing	🚨 More new perpetual futures are coming to Deribit We are pleased to announce that tomorrow, September 18, 2026, at 10:00 AM UTC, Deribit is launching a new lineup of USDC-settled perpetuals. MORPHO · AERO · BASED1 · S · EIGEN · JTO · NIGHT · AVNT · STRK · COMP · ALT · DYDX · OPN · TOWNS · PYTH · RUNE · RESOLV · ATOM Contract details: 🔹Settlement: USDC 🔹All contract details and specifications 🔽 Please note that these newly listed perpetual contracts are subject to our Auto-Deleveraging Mechanism (ADL) and are covered by the Liquidity Support Program (LSP). By trading any of the products listed above, you acknowledge and agree that the terms of ADL and LSP will apply. @DeribitOfficial on X ↗

JTO