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

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.021%
Price spread now: Hyperliquid against Aster+0.164%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1221.218% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.087%+$9 on $10k
Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.164%, 7d avg +0.122%
Together, before fees+0.051%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board+$5 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 0.042% dearer against Aster than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.122%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster JTOUSDT0.51340.0100pay 0.0050% / 4h2h 22m$121K$219K10x
ShortHyperliquid JTO0.51430.0100get 0.0013% / 1h22m 19s$7.0M$3.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aster. 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: +0.164% → +0.122%
$4.15
Slippage, 4 orders
−$104.84
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$117.68
Costs to cover
1.218%
Break-even
never at this rate
Slippage from Aster: live order book, 24 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 Aster live order book, 24 min ago11.65 bp65.9 bp −$66doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 10 min ago0.59 bp13.8 bp −$14doesn'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−0.0337%1h0.5111−0.452%$3K$20K10xas long as short
Gate JTO_USDT−0.0264%8h0.5130−0.082%$902K$1.0M75xas long as short
dYdX JTO-USD0.0000%1h0.5126−0.157%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5540+7.897%as long as short
OKX JTO-USDT-SWAP+0.0001%4h0.5136+0.035%$3.8M$9.6M50xas long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−3.140%$31$43K5.5xas long as short
Bybit JTOUSDT+0.0036%4h0.5135+0.016%$6.9M$14.2M50xas long as short
Paradex JTO-USD-PERP+0.0075%8h0.5125−0.174%$491$105xas long as short
Lighter JTO+0.0096%1h0.5131−0.070%$114K$229K10xas long as short
Hyperliquid JTOshort+0.0100%1h0.5143+0.164%$7.0M$3.0M5x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster JTOUSDTlong+0.0100%4h0.5134long leg$121K$219K10x
Binance JTOUSDT+0.0100%4h0.5133−0.020%$11.1M$28.0M75xas long as short
Bulk JTO-USD+0.0100%1h0.5122−0.228%$55K$2K10xas long as short
MEXC JTO_USDT+0.0100%4h0.5132−0.043%$6.0M$3.6M50xas long as short
KuCoin JTOUSDTM+0.0100%4h0.5133−0.015%$1.5M$611K20xas long as short
Bitget JTOUSDT+0.0100%4h0.5136+0.035%$2.4M$2.3M50xas long as short
BingX JTO-USDT+0.0100%4h0.5132−0.043%$8.8Mas long as short
Backpack JTO_USDC_PERP+0.0100%1h0.5123−0.212%$264K$308K10xas long as short
Variational Omni JTO+0.0100%4h0.5101−0.653%$218K$241Kas long as short
Orderly PERP_JTO_USDC_mythos+0.0100%4h0.5141+0.133%$4K$65210xas long as short
Extended JTO-USD+0.0104%1h0.5127−0.147%$515K$2.2M10xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0224% / S −0.2181%1h0.5134−0.011%$2K50xas long as short
BloFin JTO-USDT+0.0340%4h0.5105−0.569%$603K$539K75xas long as short
Coinbase International JTO-PERP-INTX+0.0440%1h0.5124−0.198%$57K$135K25xas long as short
Phoenix JTO+0.0464%1h0.5095−0.763%$376K$118K5xas long as short
Kraken Futures PF_JTOUSD+0.0484%1h0.5120−0.275%$343K$348K25xas long as short