Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.027%
Price spread now: Variational Omni against Hyperliquid+0.021%7-day average −0.136% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.100%−$10 on $10k
+Price spread, last 3 days (all we have)−0.045%−$5 · spread now +0.021%, 7d avg −0.136%
=Together, before fees−0.145%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board−$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.156% dearer against Hyperliquid than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.136%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid JTO | 0.5123 | 0.0100 | pay 0.0013% / 1h | 15m 26s | $7.2M | $3.1M | 5x |
| Short | Variational Omni JTO | 0.5124 | 0.0100 | get 0.0050% / 4h | 1h 15m | $181K | $258K | — |
Hyperliquid JTO
Variational Omni JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $0
- Price spread: +0.021% → −0.136%
- $15.63
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $6.63
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Hyperliquid: live order book, 7 min ago; Variational Omni: RFQ quote, 4 min ago. 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, 7 min ago | 1.36 bp | 15.2 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 5.86 bp | doesn't fit | 58.6 bp −$586 | 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 | −0.0726% | 1h | 0.5118 | −0.094% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0173% | 8h | 0.5117 | −0.113% | $921K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0067% | 4h | 0.5113 | −0.191% | $3.9M | $9.9M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0064% | 8h | 0.5111 | −0.221% | $510 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5119 | −0.074% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.132% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.924% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5121 | −0.039% | $97K | $175K | 10x | as long as short |
| Hyperliquid JTOlong | +0.0100% | 1h | 0.5123 | long leg | $7.2M | $3.1M | 5x | |
| Aster JTOUSDT | +0.0100% | 4h | 0.5120 | −0.055% | $172K | $176K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Lighter JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5113 | −0.191% | $11.4M | $28.1M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5117 | −0.113% | $7.3M | $13.8M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5112 | −0.211% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5121 | −0.035% | $1.6M | $643K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5119 | −0.074% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5115 | −0.152% | — | $63.8M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5122 | −0.021% | $225K | $503K | 10x | as long as short |
| Variational Omni JTOshort | +0.0100% | 4h | 0.5124 | +0.021% | $181K | $258K | — | |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5114 | −0.172% | $4K | $2K | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5124 | +0.023% | $56K | $1K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5112 | −0.212% | $518K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5117 | −0.108% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0304% | 1h | 0.5131 | +0.160% | $56K | $124K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5111 | −0.230% | $631K | $570K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5128 | +0.102% | $369K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0520% | 1h | 0.5123 | 0.000% | $347K | $313K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD