Funding you earn now, next payment 23:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.24 per $10,000 · paid last 24h +0.053%
Price spread now: Coinbase International against Hyperliquid−0.067%7-day average +0.175% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.297%+$30 on $10k
+Price spread, last 3 days (all we have)+0.091%+$9 · spread now −0.067%, 7d avg +0.175%
=Together, before fees+0.388%+ Points / potential airdropHyperliquid: Season 2 · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.243% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of +0.175%). If the spread goes back, that is −$24 on $10k: about 4.1 days of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid JTO | 0.5195 | 0.0100 | pay 0.0013% / 1h | 50m 54s | $7.3M | $3.1M | 5x |
| Short | Coinbase International JTO-PERP-INTX | 0.5192 | 0.0296 | get 0.0037% / 1h | 50m 54s | $57K | $124K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $41.16
- Price spread: −0.067% → +0.175%
- −$24.25
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$2.09
- Costs to cover
- 0.190%
- Break-even
- 7.4 days
Slippage unknown: Hyperliquid: live order book, 11 min ago; Coinbase International: live order book, 27 min ago. Net counts fees only.
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, 11 min ago | 0.39 bp | 13.1 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 27 min ago | 17.59 bp | doesn't fit | 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 | 0.5183 | −0.241% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0140% | 8h | 0.5186 | −0.183% | $934K | $1.4M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0041% | 4h | 0.5187 | −0.164% | $3.9M | $9.7M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0033% | 8h | 0.5180 | −0.302% | $517 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5185 | −0.196% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +6.618% | — | — | — | as long as short |
| Bulk JTO-USD | +0.0024% | 1h | 0.5153 | −0.812% | $56K | $1K | 10x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −4.283% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5189 | −0.127% | $103K | $177K | 10x | as long as short |
| Hyperliquid JTOlong | +0.0100% | 1h | 0.5195 | long leg | $7.3M | $3.1M | 5x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5191 | −0.094% | $174K | $176K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5190 | −0.106% | $11.6M | $28.0M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5192 | −0.067% | $7.4M | $13.8M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5189 | −0.125% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5192 | −0.062% | $1.6M | $641K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5191 | −0.087% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5188 | −0.144% | — | $66.2M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5184 | −0.225% | $183K | $258K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5182 | −0.260% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5187 | −0.164% | $526K | $854K | 10x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0223% | 1h | 0.5187 | −0.157% | $352K | $312K | 25x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5183 | −0.233% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTXshort | +0.0296% | 1h | 0.5192 | −0.067% | $57K | $124K | 25x | |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5179 | −0.318% | $629K | $629K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0340% | 1h | 0.5192 | −0.067% | $227K | $482K | 10x | as long as short |
| Phoenix JTO | +0.0465% | 1h | 0.5194 | −0.029% | $373K | $266K | 5x | as long as short |
Hyperliquid JTO
Coinbase International JTO-PERP-INTX
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Bulk JTO-USD
Injective JTO/USDC PERP
Lighter JTO
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
Kraken Futures PF_JTOUSD
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Backpack JTO_USDC_PERP
Phoenix JTO