Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.040%
Price spread now: OKX against Hyperliquid−0.150%7-day average −0.180% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$680.681% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now −0.150%, 7d avg −0.180%
=Together, before fees−0.106%+ Points / potential airdropHyperliquid: Season 2 · farm board−$11 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: OKX is 0.030% dearer against Hyperliquid than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.180%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid JTO | 0.5074 | 0.0100 | pay 0.0013% / 1h | 20m 01s | $6.9M | $3.1M | 5x |
| Short | OKX JTO-USDT-SWAP | 0.5066 | 0.0100 | get 0.0050% / 4h | 20m 01s | $3.7M | $9.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.150% → −0.180%
- $2.99
- Slippage, 4 orders
- −$49.1
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$65.12
- Costs to cover
- 0.681%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; OKX: live order book, 3 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, 2 min ago | 0.10 bp | 14.0 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.99 bp | 18.9 bp −$19 | 69.1 bp −$691 | 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 | −0.0342% | 1h | 0.5064 | −0.189% | $12K | $30K | 10x | as long as short |
| Gate JTO_USDT | −0.0044% | 8h | 0.5063 | −0.209% | $878K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5061 | −0.248% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +9.184% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0032% | 8h | 0.5063 | −0.213% | $485 | $10 | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −1.983% | $31 | $43K | 5.5x | as long as short |
| Bybit JTOUSDT | +0.0045% | 4h | 0.5067 | −0.130% | $6.7M | $14.3M | 50x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5070 | −0.075% | $113K | $243K | 10x | as long as short |
| Hyperliquid JTOlong | +0.0100% | 1h | 0.5074 | long leg | $6.9M | $3.1M | 5x | |
| Aster JTOUSDT | +0.0100% | 4h | 0.5067 | −0.126% | $118K | $230K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5067 | −0.130% | $10.7M | $28.6M | 75x | as long as short |
| OKX JTO-USDT-SWAPshort | +0.0100% | 4h | 0.5066 | −0.150% | $3.7M | $9.8M | 50x | |
| Bulk JTO-USD | +0.0100% | 1h | 0.5077 | +0.067% | $55K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5063 | −0.209% | $6.0M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5068 | −0.108% | $1.5M | $588K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5068 | −0.110% | $2.3M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5066 | −0.150% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5054 | −0.394% | $216K | $229K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5063 | −0.209% | $4K | $918 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5066 | −0.158% | $519K | $2.7M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0116% | 1h | 0.5072 | −0.034% | $244K | $324K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5070 | −0.070% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5055 | −0.367% | $584K | $560K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0464% | 1h | 0.5071 | −0.051% | $57K | $132K | 25x | as long as short |
| Phoenix JTO | +0.0472% | 1h | 0.5066 | −0.150% | $369K | $123K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0849% | 1h | 0.5070 | −0.079% | $321K | $371K | 25x | as long as short |
Hyperliquid JTO
OKX JTO-USDT-SWAP
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Paradex JTO-USD-PERP
Injective JTO/USDC PERP
Bybit JTOUSDT
Lighter JTO
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD