Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.024%
Price spread now: Orderly against Hyperliquid−0.162%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.162% cheaper against Hyperliquid than usual: you would sell low and buy high, −$16 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid JTO | 0.5182 | 0.0100 | pay 0.0013% / 1h | 48m 58s | $7.3M | $3.1M | 5x |
| Short | Orderly PERP_JTO_USDC_mythos | 0.5174 | 0.0100 | get 0.0050% / 4h | 48m 58s | $4K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $0
- Price spread: −0.162% → 0.000%
- −$16.21
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$31.21
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 3 min ago; Orderly: no order-book sample. 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, 3 min ago | 0.58 bp | 15.3 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0523% | 1h | 0.5172 | −0.201% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0138% | 8h | 0.5175 | −0.143% | $932K | $1.4M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0034% | 4h | 0.5174 | −0.162% | $3.9M | $9.6M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0027% | 8h | 0.5178 | −0.077% | $517 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5187 | +0.091% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +6.887% | — | — | — | as long as short |
| Bulk JTO-USD | +0.0023% | 1h | 0.5183 | +0.012% | $56K | $1K | 10x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −4.041% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5180 | −0.052% | $108K | $182K | 10x | as long as short |
| Hyperliquid JTOlong | +0.0100% | 1h | 0.5182 | 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 | 0.5177 | −0.107% | $174K | $176K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5178 | −0.085% | $11.5M | $27.9M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5177 | −0.104% | $7.4M | $13.8M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5173 | −0.181% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5180 | −0.046% | $1.6M | $640K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5175 | −0.143% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5175 | −0.143% | — | $66.2M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5180 | −0.049% | $183K | $258K | — | as long as short |
| Orderly PERP_JTO_USDC_mythosshort | +0.0100% | 4h | 0.5174 | −0.162% | $4K | $2K | 10x | |
| Extended JTO-USD | +0.0104% | 1h | 0.5173 | −0.182% | $526K | $854K | 10x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0223% | 1h | 0.5180 | −0.048% | $351K | $311K | 25x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5181 | −0.025% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0296% | 1h | 0.5189 | +0.127% | $57K | $117K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.0316% | 1h | 0.5180 | −0.050% | $227K | $480K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5179 | −0.066% | $629K | $629K | 75x | as long as short |
| Phoenix JTO | +0.0465% | 1h | 0.5194 | +0.224% | $373K | $266K | 5x | as long as short |
Hyperliquid JTO
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]
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP
BloFin JTO-USDT
Phoenix JTO