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

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.021%
Price spread now: KuCoin against Hyperliquid−0.008%7-day average −0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1861.863% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.086%−$9 on $10k
Price spread, last 7 days−0.141%−$14 · spread now −0.008%, 7d avg −0.110%
Together, before fees−0.227%+ Points / potential airdropHyperliquid: Season 2 · farm board−$23 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: KuCoin is 0.103% dearer against Hyperliquid than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.110%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid JTO0.51080.0100pay 0.0013% / 1h3m 34s$7.0M$3.2M5x
ShortKuCoin JTOUSDTM0.51080.0100get 0.0050% / 4h1h 03m$1.6M$585K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Hyperliquid. 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: −0.008% → −0.110%
$10.25
Slippage, 4 orders
−$165.26
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$176.01
Costs to cover
1.863%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; KuCoin: live order book, 2 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 Hyperliquid live order book, 9 min ago1.26 bp12.2 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago11.73 bp55.4 bp −$55539.5 bp −$5,395doesn'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
Gate JTO_USDT−0.0406%8h0.5101−0.137%$889K$1.0M75xas long as short
Deribit JTO_USDC-PERPETUAL−0.0336%1h0.5114+0.117%$13K$10K10xas long as short
dYdX JTO-USD0.0000%1h0.5107−0.019%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5539+8.446%as long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−2.643%$31$43K5.5xas long as short
Paradex JTO-USD-PERP+0.0084%8h0.5097−0.213%$5095xas long as short
Orderly PERP_JTO_USDC_mythos+0.0094%4h0.5114+0.117%$3K$65210xas long as short
Lighter JTO+0.0096%1h0.5107−0.016%$117K$228K10xas long as short
Hyperliquid JTOlong+0.0100%1h0.5108long leg$7.0M$3.2M5x
Aster JTOUSDT+0.0100%4h0.5108+0.004%$125K$219K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance JTOUSDT+0.0100%4h0.5107−0.020%$11.2M$27.3M75xas long as short
Bybit JTOUSDT+0.0100%4h0.5109+0.020%$7.2M$13.9M50xas long as short
OKX JTO-USDT-SWAP+0.0100%4h0.5101−0.137%$3.8M$9.2M50xas long as short
Bulk JTO-USD+0.0100%1h0.5117+0.177%$55K$17K10xas long as short
MEXC JTO_USDT+0.0100%4h0.5100−0.157%$6.6M$3.5M50xas long as short
KuCoin JTOUSDTMshort+0.0100%4h0.5108−0.008%$1.6M$585K20x
Bitget JTOUSDT+0.0100%4h0.5102−0.117%$2.4M$2.3M50xas long as short
BingX JTO-USDT+0.0100%4h0.5102−0.117%$68.0Mas long as short
Variational Omni JTO+0.0100%4h0.5121+0.245%$222K$288Kas long as short
Extended JTO-USD+0.0104%1h0.5100−0.152%$515K$1.7M10xas long as short
Backpack JTO_USDC_PERP+0.0118%1h0.5124+0.309%$265K$321K10xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0224% / S −0.2181%1h0.5116+0.157%$2K50xas long as short
Coinbase International JTO-PERP-INTX+0.0336%1h0.5197+1.742%$60K$135K25xas long as short
BloFin JTO-USDT+0.0340%4h0.5116+0.157%$622K$501K75xas long as short
Phoenix JTO+0.0464%1h0.5130+0.431%$379K$110K5xas long as short
Kraken Futures PF_JTOUSD+0.0680%1h0.5121+0.262%$336K$312K25xas long as short