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

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.021%
Price spread now: Hyperliquid against Bitget+0.234%7-day average +0.160% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$830.831% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.113%+$11 on $10k
Price spread, last 7 days−0.002%$0 · spread now +0.234%, 7d avg +0.160%
Together, before fees+0.111%+ 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 0.074% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.160%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget JTOUSDT0.50830.0100pay 0.0050% / 4h42m 56s$2.4M$2.3M50x
ShortHyperliquid JTO0.50950.0100get 0.0013% / 1h42m 56s$6.9M$3.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bitget. 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: +0.234% → +0.160%
$7.39
Slippage, 4 orders
−$62.09
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$75.7
Costs to cover
0.831%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; Hyperliquid: live order book, 9 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 Bitget live order book, 4 min ago3.92 bp31.5 bp −$3175.4 bp −$754doesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago0.49 bp14.3 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−0.0339%1h0.5088+0.098%$13K$30K10xas long as short
Gate JTO_USDT−0.0066%8h0.5082−0.020%$882K$1.0M75xas long as short
dYdX JTO-USD0.0000%1h0.5096+0.255%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5540+8.982%as long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−2.164%$31$43K5.5xas long as short
Paradex JTO-USD-PERP+0.0084%8h0.5094+0.210%$488$105xas long as short
Bybit JTOUSDT+0.0087%4h0.5082−0.020%$6.8M$14.3M50xas long as short
Lighter JTO+0.0096%1h0.5093+0.203%$114K$243K10xas long as short
Hyperliquid JTOshort+0.0100%1h0.5095+0.234%$6.9M$3.1M5x
Aster JTOUSDT+0.0100%4h0.5088+0.091%$119K$228K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance JTOUSDT+0.0100%4h0.5082−0.012%$10.8M$28.7M75xas long as short
OKX JTO-USDT-SWAP+0.0100%4h0.5079−0.079%$3.7M$9.8M50xas long as short
Bulk JTO-USD+0.0100%1h0.5079−0.079%$55K−$010xas long as short
MEXC JTO_USDT+0.0100%4h0.50830.000%$6.1M$3.5M50xas long as short
KuCoin JTOUSDTM+0.0100%4h0.5093+0.193%$1.5M$587K20xas long as short
Bitget JTOUSDTlong+0.0100%4h0.5083long leg$2.4M$2.3M50x
BingX JTO-USDT+0.0100%4h0.5082−0.020%$8.6Mas long as short
Variational Omni JTO+0.0100%4h0.5103+0.384%$218K$235Kas long as short
Orderly PERP_JTO_USDC_mythos+0.0100%4h0.5090+0.138%$4K$91810xas long as short
Extended JTO-USD+0.0104%1h0.5084+0.013%$521K$2.7M10xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0224% / S −0.2181%1h0.5093+0.206%$2K50xas long as short
BloFin JTO-USDT+0.0340%4h0.5091+0.157%$586K$564K75xas long as short
Coinbase International JTO-PERP-INTX+0.0464%1h0.5111+0.551%$57K$140K25xas long as short
Phoenix JTO+0.0472%1h0.5108+0.492%$372K$123K5xas long as short
Backpack JTO_USDC_PERP+0.0492%1h0.5094+0.218%$241K$323K10xas long as short
Kraken Futures PF_JTOUSD+0.0844%1h0.5096+0.259%$323K$369K25xas long as short