Spread before costs (cost unknown: a leg has no order-book sample)+0.090%
7d average−0.060%if it closes, per $10,000$9funding while held, a day+$20.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid JTO | 0.5104 | 0.0100 | pay 0.0013% / 1h | 18m 17s | $7.2M | $4.4M | 5x |
| Short | Backpack JTO_USDC_PERP | 0.5109 | 0.0783 | get 0.0098% / 1h | 18m 17s | $270K | $582K | 10x |
Hyperliquid JTO
Backpack JTO_USDC_PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $9.01
- Funding while held
- $20.5
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $10.51
- Spread needed to break even
- 0.190%
Slippage unknown: Hyperliquid: live order book, 5 min ago; Backpack: live order book, 32 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0683%
- Per $10,000 a day
- +$20.50
- Average in range /8h
- —
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, 5 min ago | 1.18 bp | 12.3 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 32 min ago | 0.10 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
JTO price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4973cheapestVariational Omni0.5080+2.153%Bulk0.5087+2.284%Gate0.5089+2.333%Phoenix0.5089+2.333%BingX0.5092+2.393%Extended0.5092+2.394%Paradex0.5094+2.426%MEXC0.5094+2.433%Orderly0.5096+2.473%dYdX0.5098+2.506%Bitget0.5098+2.514%Deribit0.5098+2.514%GMX0.5098+2.518%Aster0.5099+2.528%KuCoin0.5099+2.530%Binance0.5100+2.554%OKX0.5100+2.554%Bybit0.5101+2.574%Coinbase International0.5103+2.614%
Injective
Variational Omni
Bulk
Gate
Phoenix
BingX
Extended
Paradex
MEXC
Orderly
dYdX
Bitget
Deribit
GMX
Aster
KuCoin
Binance
OKX
Bybit
Coinbase InternationalHyperliquid0.5104+2.638%
BloFin0.5106+2.674%
BloFinBackpack0.5109+2.731%
Lighter0.5109+2.735%Kraken Futures0.5111+2.769%
Lighter
Kraken FuturesReya0.5539+11.388%
ReyaJTO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective JTO/USDC PERP | −2.570% | +0.0033% | 1h | $31 | $43K | 5.5x | as long as short |
| Variational Omni JTO | −0.473% | +0.0100% | 4h | $234K | $248K | — | as long as short |
| Bulk JTO-USD | −0.345% | +0.0100% | 1h | $55K | $737 | 10x | as long as short |
| Gate JTO_USDT | −0.298% | −0.0196% | 8h | $957K | $1.7M | 75x | as long as short |
| Phoenix JTO | −0.298% | +0.0469% | 1h | $376K | $270K | 5x | as long as short |
| BingX JTO-USDT | −0.239% | +0.0100% | 4h | — | $63.5M | — | as long as short |
| Extended JTO-USD | −0.238% | +0.0104% | 1h | $507K | $844K | 10x | as long as short |
| Paradex JTO-USD-PERP | −0.207% | −0.0006% | 8h | $508 | — | 5x | as long as short |
| MEXC JTO_USDT | −0.200% | +0.0100% | 4h | $7.1M | $4.5M | 50x | as long as short |
| Orderly PERP_JTO_USDC_mythos | −0.161% | +0.0100% | 4h | $4K | $4K | 10x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX JTO-USD | −0.128% | 0.0000% | 1h | $4K | $4K | 5x | as long as short |
| Bitget JTOUSDT | −0.121% | +0.0100% | 4h | $2.6M | $2.4M | 50x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.121% | −0.0534% | 1h | $22K | $1K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | −0.117% | L +0.0223% / S −0.2181% | 1h | $2K | — | 50x | as long as short |
| Aster JTOUSDT | −0.107% | +0.0100% | 4h | $172K | $221K | 10x | as long as short |
| KuCoin JTOUSDTM | −0.106% | +0.0100% | 4h | $1.3M | $553K | 20x | as long as short |
| Binance JTOUSDT | −0.082% | +0.0100% | 4h | $11.8M | $30.2M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.082% | +0.0100% | 4h | $3.9M | $10.7M | 50x | as long as short |
| Bybit JTOUSDT | −0.063% | +0.0100% | 4h | $7.6M | $12.4M | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | −0.024% | +0.0352% | 1h | $57K | $139K | 25x | as long as short |
| Hyperliquid JTOlong | 0.000% | +0.0100% | 1h | $7.2M | $4.4M | 5x | |
| BloFin JTO-USDT | +0.035% | +0.0340% | 4h | $699K | $606K | 75x | as long as short |
| Backpack JTO_USDC_PERPshort | +0.090% | +0.0783% | 1h | $270K | $582K | 10x | |
| Lighter JTO | +0.094% | +0.0096% | 1h | $116K | $169K | 10x | as long as short |
| Kraken Futures PF_JTOUSD | +0.128% | +0.0954% | 1h | $337K | $271K | 25x | as long as short |
| Reya JTORUSDPERP | +8.525% | 0.0000% | 1h | — | — | — | as long as short |