Settings8H · net · $10k
Funding arb · Price arb /

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.024%
Price spread now: Hyperliquid against KuCoin+0.070%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1621.618% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.083%+$8 on $10k
Price spread, last 7 days+0.089%+$9 · spread now +0.070%, 7d avg +0.113%
Together, before fees+0.173%+ Points / potential airdropHyperliquid: Season 2 · farm board+$17 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: Hyperliquid is 0.043% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.113%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin JTOUSDTM0.51310.0100pay 0.0050% / 4h1h 22m$1.6M$643K20x
ShortHyperliquid JTO0.51350.0100get 0.0013% / 1h22m 16s$7.2M$3.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.070% → +0.113%
−$4.28
Slippage, 4 orders
−$140.76
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$166.03
Costs to cover
1.618%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Hyperliquid: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 4 min ago14.64 bp49.8 bp −$50485.4 bp −$4,854doesn't fitdoesn't fit
Sell Hyperliquid live order book, 10 min ago1.65 bp16.5 bp −$17doesn't fitdoesn't fitdoesn't fit

JTO on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit JTO_USDC-PERPETUAL−0.0529%1h0.5128−0.066%$13K$11K10xas long as short
Gate JTO_USDT−0.0160%8h0.5123−0.164%$922K$1.5M75xas long as short
OKX JTO-USDT-SWAP−0.0055%4h0.5125−0.125%$3.9M$9.9M50xas long as short
Paradex JTO-USD-PERP−0.0016%8h0.5122−0.185%$5115xas long as short
dYdX JTO-USD0.0000%1h0.5126−0.098%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5539+7.950%as long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−3.087%$31$43K5.5xas long as short
Lighter JTO+0.0096%1h0.5131−0.014%$97K$175K10xas long as short
Hyperliquid JTOshort+0.0100%1h0.5135+0.070%$7.2M$3.1M5x
Aster JTOUSDT+0.0100%4h0.5128−0.073%$172K$176K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance JTOUSDT+0.0100%4h0.5126−0.105%$11.5M$28.1M75xas long as short
Bybit JTOUSDT+0.0100%4h0.5129−0.047%$7.3M$13.8M50xas long as short
Bulk JTO-USD+0.0100%1h0.5132+0.011%$56K$1K10xas long as short
MEXC JTO_USDT+0.0100%4h0.5127−0.086%$7.2M$3.7M50xas long as short
KuCoin JTOUSDTMlong+0.0100%4h0.5131long leg$1.6M$643K20x
Bitget JTOUSDT+0.0100%4h0.5127−0.086%$2.5M$2.4M50xas long as short
BingX JTO-USDT+0.0100%4h0.5127−0.086%$63.8Mas long as short
Backpack JTO_USDC_PERP+0.0100%1h0.5129−0.049%$225K$503K10xas long as short
Variational Omni JTO+0.0100%4h0.5127−0.088%$181K$259Kas long as short
Orderly PERP_JTO_USDC_mythos+0.0100%4h0.5128−0.066%$4K$2K10xas long as short
Extended JTO-USD+0.0104%1h0.5125−0.125%$518K$854K10xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0223% / S −0.2181%1h0.5131−0.012%$2K50xas long as short
Coinbase International JTO-PERP-INTX+0.0304%1h0.5131−0.008%$56K$124K25xas long as short
BloFin JTO-USDT+0.0340%4h0.5118−0.261%$635K$571K75xas long as short
Phoenix JTO+0.0463%1h0.5132+0.012%$369K$267K5xas long as short
Kraken Futures PF_JTOUSD+0.0519%1h0.5132+0.010%$348K$313K25xas long as short