Funding you earn now, next payment 02:00 UTC+0.0347%/8h= +38.0% APRnext payment +$0.43 per $10,000 · paid last 24h +0.022%
Price spread now: Hyperliquid against Bulk+0.203%7-day average — · 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)—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
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Hyperliquid is 0.203% dearer against Bulk than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk JTO-USD | 0.5162 | 0.0100 | pay 0.0013% / 1h | 24m 04s | $56K | $15K | 10x |
| Short | Hyperliquid JTO | 0.5173 | 0.0447 | get 0.0056% / 1h | 24m 04s | $7.2M | $3.2M | 5x |
Bulk JTO-USD
Hyperliquid JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bulk. 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
- $72.8
- Price spread: +0.203% → 0.000%
- $20.34
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $77.15
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Bulk: no order-book sample; Hyperliquid: live order book, 8 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 Bulk no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 8 min ago | 0.10 bp | 16.3 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
Bulk: 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 25 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 | −0.0525% | 1h | 0.5157 | −0.105% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0139% | 8h | 0.5159 | −0.066% | $910K | $1.1M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5161 | −0.025% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.307% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.669% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0075% | 4h | 0.5162 | −0.008% | $3.9M | $9.5M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0078% | 8h | 0.5161 | −0.026% | $515 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5158 | −0.085% | $4K | $872 | 10x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5171 | +0.172% | $127K | $226K | 10x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5160 | −0.037% | $127K | $222K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Orderly PERP_JTO_USDC_mythos
Lighter JTO
Aster JTOUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5164 | +0.031% | $11.4M | $27.6M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5166 | +0.070% | $7.6M | $13.5M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5157 | −0.105% | $6.7M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5166 | +0.076% | $1.6M | $579K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5166 | +0.070% | $2.4M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5161 | −0.027% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5168 | +0.107% | $266K | $433K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5170 | +0.150% | $225K | $296K | — | as long as short |
| Bulk JTO-USDlong | +0.0100% | 1h | 0.5162 | long leg | $56K | $15K | 10x | |
| Extended JTO-USD | +0.0104% | 1h | 0.5156 | −0.131% | $523K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5158 | −0.080% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0264% | 1h | 0.5172 | +0.186% | $60K | $138K | 25x | as long as short |
| Hyperliquid JTOshort | +0.0447% | 1h | 0.5173 | +0.203% | $7.2M | $3.2M | 5x | |
| Phoenix JTO | +0.0466% | 1h | 0.5170 | +0.147% | $382K | $114K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0768% | 1h | 0.5166 | +0.073% | $348K | $307K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD