Funding you earn now, next payment 01:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.047%
Price spread now: Kraken Futures against Hyperliquid−0.077%7-day average −0.070% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.317%+$32 on $10k
+Price spread, last 3 days (all we have)+0.094%+$9 · spread now −0.077%, 7d avg −0.070%
=Together, before fees+0.411%+ Points / potential airdropHyperliquid: Season 2 · farm board+$41 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.070%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid JTO | 0.5144 | 0.0100 | pay 0.0013% / 1h | 55m 40s | $7.0M | $3.2M | 5x |
| Short | Kraken Futures PF_JTOUSD | 0.5140 | 0.0248 | get 0.0031% / 1h | 55m 40s | $347K | $313K | 25x |
Hyperliquid JTO
Kraken Futures PF_JTOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $31.13
- Price spread: −0.077% → −0.070%
- −$0.68
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $11.45
- Costs to cover
- 0.190%
- Break-even
- 4.4 days
Slippage unknown: Hyperliquid: live order book, 6 min ago; Kraken Futures: live order book, 17 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, 6 min ago | 0.10 bp | 9.0 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 17 min ago | 17.61 bp | 35.9 bp −$36 | 168.2 bp −$1,682 | 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 | −0.0334% | 1h | 0.5132 | −0.237% | $13K | $11K | 10x | as long as short |
| OKX JTO-USDT-SWAP | −0.0028% | 4h | 0.5127 | −0.334% | $3.9M | $9.5M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0015% | 8h | 0.5129 | −0.302% | $512 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5133 | −0.213% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.680% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.328% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5135 | −0.183% | $101K | $186K | 10x | as long as short |
| Hyperliquid JTOlong | +0.0100% | 1h | 0.5144 | long leg | $7.0M | $3.2M | 5x | |
| Aster JTOUSDT | +0.0100% | 4h | 0.5138 | −0.126% | $172K | $177K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5130 | −0.280% | $11.3M | $28.1M | 75x | as long as short |
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Lighter JTO
Aster JTOUSDT
Binance JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | +0.0100% | 4h | 0.5134 | −0.198% | $7.5M | $13.6M | 50x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.5134 | −0.198% | $914K | $1.2M | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5129 | −0.295% | $7.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5137 | −0.136% | $1.6M | $597K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5136 | −0.159% | $2.5M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5136 | −0.159% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5127 | −0.338% | $223K | $305K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5132 | −0.237% | $4K | $2K | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5128 | −0.315% | $56K | −$0 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5135 | −0.180% | $521K | $851K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5126 | −0.352% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSDshort | +0.0248% | 1h | 0.5140 | −0.077% | $347K | $313K | 25x | |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5131 | −0.257% | $56K | $112K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5116 | −0.548% | $616K | $606K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0403% | 1h | 0.5142 | −0.035% | $226K | $463K | 10x | as long as short |
| Phoenix JTO | +0.0465% | 1h | 0.5131 | −0.257% | $368K | $261K | 5x | as long as short |
Bybit JTOUSDT
Gate JTO_USDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Backpack JTO_USDC_PERP
Phoenix JTO