Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Binance+0.094%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$840.835% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.055%+$6 · spread now +0.094%, 7d avg +0.127%
=Together, before fees+0.072%+ Points / potential airdropLighter: Season 3 · farm board+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.033% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.127%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance JTOUSDT | 0.5150 | 0.0100 | pay 0.0050% / 4h | 2h 49m | $11.4M | $27.7M | 75x |
| Short | Lighter JTO | 0.5155 | 0.0096 | get 0.0012% / 1h | 49m 41s | $108K | $200K | 10x |
Binance JTOUSDT
Lighter JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- −$0.84
- Price spread: +0.094% → +0.127%
- −$3.34
- Slippage, 4 orders
- −$73.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$87.69
- Costs to cover
- 0.835%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Lighter: live order book, 65 min ago.
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 Binance live order book, 7 min ago | 1.97 bp | 15.8 bp −$16 | 43.0 bp −$430 | 332.8 bp −$33.3K | doesn't fit |
| Sell Lighter live order book, 65 min ago | 7.61 bp | 32.1 bp −$32 | 57.8 bp −$578 | 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 | 0.5137 | −0.260% | $13K | $10K | 10x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5150 | −0.003% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.553% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.444% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0043% | 4h | 0.5146 | −0.085% | $3.9M | $9.4M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0062% | 8h | 0.5145 | −0.097% | $514 | — | 5x | as long as short |
| Gate JTO_USDT | +0.0090% | 8h | 0.5148 | −0.046% | $906K | $1.0M | 75x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5138 | −0.240% | $4K | $872 | 10x | as long as short |
| Lighter JTOshort | +0.0096% | 1h | 0.5155 | +0.094% | $108K | $200K | 10x | |
| Aster JTOUSDT | +0.0100% | 4h | 0.5152 | +0.032% | $150K | $222K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Gate JTO_USDT
Orderly PERP_JTO_USDC_mythos
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDTlong | +0.0100% | 4h | 0.5150 | long leg | $11.4M | $27.7M | 75x | |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5153 | +0.051% | $7.6M | $13.5M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5149 | −0.027% | $6.9M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5148 | −0.054% | $1.6M | $577K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5150 | −0.007% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5149 | −0.027% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5150 | −0.013% | $223K | $434K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5138 | −0.246% | $223K | $296K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5132 | −0.365% | $63K | $8K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5147 | −0.070% | $520K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5140 | −0.194% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0264% | 1h | 0.5143 | −0.143% | $59K | $135K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5121 | −0.570% | $624K | $567K | 75x | as long as short |
| Phoenix JTO | +0.0466% | 1h | 0.5145 | −0.104% | $380K | $114K | 5x | as long as short |
| Hyperliquid JTO | +0.0476% | 1h | 0.5158 | +0.156% | $7.2M | $3.0M | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0771% | 1h | 0.5147 | −0.068% | $347K | $309K | 25x | as long as short |
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Hyperliquid JTO
Kraken Futures PF_JTOUSD