JTO: Extended → Hyperliquid
Long on the venue with the lower rate, short on the venue with the higher one. Income comes from the rate difference; price exposure cancels out.
Spread
-0%
APR right now
Price gap
+0.170%
between legs
Average spread
+3%
over 24h from our own samples
Over 7 days
+3%
samples: 120
ExtendedLONG
Bid / ask0.51423 / 0.51449
Mark price0.514674
Volume 24h$1.67M
Open interest$519.75K
Rate+0.0013%
APR+11%
Interval / next payout1h / 26m
ExtendedHyperliquidSHORT
Bid / ask0.515365 / 0.516096
Mark price0.51587
Volume 24h$3.31M
Open interest$7.05M
Rate+0.0013%
APR+11%
Interval / next payout1h / 26m
HyperliquidSpread from our samples
spread over the period: from 0% to 40% APR, 120 samples
The rate can flip at any moment, and then the position starts costing money. Size is limited by the weaker leg, and entry and exit both pay fees on two venues. Not financial advice.