Funding you earn now, next payment 00:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.036%
Price spread now: OKX against Hyperliquid−0.194%7-day average −0.179% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$660.662% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 7 days+0.009%+$1 · spread now −0.194%, 7d avg −0.179%
=Together, before fees−0.122%+ Points / potential airdropHyperliquid: Season 2 · farm board−$12 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: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid JTO | 0.5115 | 0.0100 | pay 0.0013% / 1h | 31m 36s | $7.1M | $3.2M | 5x |
| Short | OKX JTO-USDT-SWAP | 0.5105 | −0.0004 | pay 0.0002% / 4h | 31m 36s | $3.9M | $9.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$21.79
- Price spread: −0.194% → −0.179%
- −$1.47
- Slippage, 4 orders
- −$47.16
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$89.41
- Costs to cover
- 0.662%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; OKX: 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 | 11.8 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.98 bp | 19.2 bp −$19 | 62.5 bp −$625 | 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 | −0.0727% | 1h | 0.5111 | −0.076% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0175% | 8h | 0.5107 | −0.154% | $900K | $1.5M | 75x | as long as short |
| Paradex JTO-USD-PERP | −0.0007% | 8h | 0.5106 | −0.178% | $510 | — | 5x | as long as short |
| OKX JTO-USDT-SWAPshort | −0.0004% | 4h | 0.5105 | −0.194% | $3.9M | $9.5M | 50x | |
| dYdX JTO-USD | 0.0000% | 1h | 0.5115 | +0.002% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.296% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.774% | $31 | $43K | 5.5x | as long as short |
| Bulk JTO-USD | +0.0068% | 1h | 0.5153 | +0.745% | $56K | $1K | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5116 | +0.029% | $107K | $182K | 10x | as long as short |
| Hyperliquid JTOlong | +0.0100% | 1h | 0.5115 | long leg | $7.1M | $3.2M | 5x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5113 | −0.040% | $172K | $177K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5108 | −0.135% | $11.3M | $28.1M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5113 | −0.037% | $7.4M | $13.9M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5110 | −0.096% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5118 | +0.055% | $1.6M | $631K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5111 | −0.076% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5110 | −0.096% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5141 | +0.508% | $226K | $303K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5115 | +0.002% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5107 | −0.163% | $518K | $854K | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0120% | 1h | 0.5120 | +0.096% | $224K | $472K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5120 | +0.108% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0226% | 1h | 0.5124 | +0.173% | $346K | $312K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0296% | 1h | 0.5172 | +1.116% | $57K | $116K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5126 | +0.217% | $629K | $614K | 75x | as long as short |
| Phoenix JTO | +0.0465% | 1h | 0.5138 | +0.452% | $369K | $266K | 5x | as long as short |
Hyperliquid JTO
OKX JTO-USDT-SWAP
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Paradex JTO-USD-PERP
Injective JTO/USDC PERP
Bulk JTO-USD
Lighter JTO
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO