Funding you earn now, next payment 07:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.051%
Price spread now: BloFin against Hyperliquid−0.082%87s7-day average −0.240% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$620.623% of the position
Funding, last 7 days+0.352%+$35 on $10k
+Price spread, last 4 days (all we have)−0.195%−$20 · spread now −0.082%, 7d avg −0.240%
=Together, before fees+0.156%+ Points / potential airdropHyperliquid: Season 2 · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.158% dearer against Hyperliquid than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.240%. The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid JTO | 0.5097 | 0.0100 | pay 0.0013% / 1h | 5m 31s | $6.9M | $3.1M | 5x |
| Short | BloFin JTO-USDT | 0.5093 | 0.0340 | get 0.0170% / 4h | 1h 05m | $585K | $550K | 75x |
Hyperliquid JTO
BloFin JTO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $50.4
- Price spread: −0.082% → −0.240%
- $15.77
- Slippage, 4 orders
- −$41.25
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $3.92
- Costs to cover
- 0.623%
- Break-even
- 6.5 days
Slippage from Hyperliquid: live order book, 7 min ago; BloFin: live order book, 16 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, 7 min ago | 0.88 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 16 min ago | 3.93 bp | 19.7 bp −$20 | 37.1 bp −$371 | 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 | −0.0143% | 1h | 0.5087 | −0.200% | $13K | $30K | 10x | as long as short |
| Gate JTO_USDT | −0.0112% | 8h | 0.5090 | −0.141% | $884K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5089 | −0.161% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.680% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.437% | $31 | $43K | 5.5x | as long as short |
| Bybit JTOUSDT | +0.0065% | 4h | 0.5087 | −0.200% | $6.8M | $14.2M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0083% | 8h | 0.5088 | −0.178% | $487 | $10 | 5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5094 | −0.063% | $114K | $243K | 10x | as long as short |
| Hyperliquid JTOlong | +0.0100% | 1h | 0.5097 | long leg | $6.9M | $3.1M | 5x | |
| Aster JTOUSDT | +0.0100% | 4h | 0.5091 | −0.123% | $119K | $228K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Bybit JTOUSDT
Paradex JTO-USD-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 | 0.5088 | −0.180% | $10.8M | $28.7M | 75x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5094 | −0.063% | $3.8M | $9.8M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5092 | −0.092% | $55K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5087 | −0.200% | $6.1M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5093 | −0.078% | $1.5M | $595K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5092 | −0.102% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5088 | −0.180% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5087 | −0.208% | $218K | $235K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5089 | −0.161% | $4K | $918 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5085 | −0.230% | $521K | $2.2M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0204% | 1h | 0.5096 | −0.018% | $236K | $319K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5094 | −0.069% | $2K | — | 50x | as long as short |
| BloFin JTO-USDTshort | +0.0340% | 4h | 0.5093 | −0.082% | $585K | $550K | 75x | |
| Coinbase International JTO-PERP-INTX | +0.0456% | 1h | 0.5108 | +0.212% | $58K | $139K | 25x | as long as short |
| Phoenix JTO | +0.0467% | 1h | 0.5103 | +0.114% | $377K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0846% | 1h | 0.5099 | +0.028% | $323K | $374K | 25x | as long as short |
Binance JTOUSDT
OKX JTO-USDT-SWAP
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD