Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.024%
Price spread now: Hyperliquid against Binance+0.218%7-day average +0.187% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$500.500% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now +0.218%, 7d avg +0.187%
=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: Hyperliquid is 0.031% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.187%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance JTOUSDT | 0.5184 | 0.0100 | pay 0.0050% / 4h | 52m 19s | $11.6M | $28.0M | 75x |
| Short | Hyperliquid JTO | 0.5196 | 0.0100 | get 0.0013% / 1h | 52m 19s | $7.3M | $3.1M | 5x |
Binance JTOUSDT
Hyperliquid JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Binance. 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: +0.218% → +0.187%
- $3.15
- Slippage, 4 orders
- −$30.97
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$46.82
- Costs to cover
- 0.500%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 4 min ago | 0.96 bp | 11.1 bp −$11 | 26.0 bp −$260 | 271.3 bp −$27.1K | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 0.39 bp | 13.7 bp −$14 | doesn't fit | 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 | −0.0328% | 1h | 0.5185 | +0.012% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0137% | 8h | 0.5187 | +0.051% | $934K | $1.4M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0045% | 4h | 0.5181 | −0.065% | $3.9M | $9.7M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0036% | 8h | 0.5185 | +0.013% | $517 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5190 | +0.110% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +6.847% | — | — | — | as long as short |
| Bulk JTO-USD | +0.0024% | 1h | 0.5153 | −0.599% | $56K | $1K | 10x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −4.077% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5194 | +0.178% | $103K | $177K | 10x | as long as short |
| Hyperliquid JTOshort | +0.0100% | 1h | 0.5196 | +0.218% | $7.3M | $3.1M | 5x |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Bulk JTO-USD
Injective JTO/USDC PERP
Lighter JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5191 | +0.121% | $174K | $176K | 10x | as long as short |
| Binance JTOUSDTlong | +0.0100% | 4h | 0.5184 | long leg | $11.6M | $28.0M | 75x | |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5187 | +0.051% | $7.4M | $13.8M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5186 | +0.031% | $7.2M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5193 | +0.168% | $1.6M | $641K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5186 | +0.031% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5186 | +0.031% | — | $66.2M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5184 | −0.011% | $183K | $258K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5186 | +0.031% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5183 | −0.021% | $526K | $854K | 10x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0223% | 1h | 0.5193 | +0.158% | $352K | $312K | 25x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5186 | +0.041% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0296% | 1h | 0.5190 | +0.108% | $57K | $126K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5180 | −0.084% | $629K | $629K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0390% | 1h | 0.5198 | +0.261% | $228K | $483K | 10x | as long as short |
| Phoenix JTO | +0.0465% | 1h | 0.5194 | +0.186% | $373K | $266K | 5x | as long as short |
Aster JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Kraken Futures PF_JTOUSD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Backpack JTO_USDC_PERP
Phoenix JTO