Settings8H · net · $10k
Funding arb · Price arb /

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against BingX+0.183%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$840.836% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.125%+$12 · spread now +0.183%, 7d avg +0.112%
Together, before fees+0.111%+ Points / potential airdropLighter: Season 3 · farm board+$11 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 0.071% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.112%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX JTO-USDT0.51320.0100pay 0.0050% / 4h1h 59m$8.6M
ShortLighter JTO0.51410.0096get 0.0012% / 1h59m 19s$115K$236K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: +0.183% → +0.112%
$7.12
Slippage, 4 orders
−$73.61
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$77.32
Costs to cover
0.836%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Lighter: live order book, 31 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 9 min ago1.95 bp13.8 bp −$1430.9 bp −$309261.3 bp −$26.1K608.9 bp −$304.4K
Sell Lighter live order book, 31 min ago9.30 bp27.1 bp −$2758.8 bp −$588doesn't fitdoesn't fit

JTO on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate JTO_USDT−0.0183%8h0.5133+0.019%$903K$1.0M75xas long as short
Deribit JTO_USDC-PERPETUAL−0.0139%1h0.5133+0.019%$13K$30K10xas long as short
dYdX JTO-USD0.0000%1h0.5133+0.019%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5540+7.944%as long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−3.098%$31$43K5.5xas long as short
OKX JTO-USDT-SWAP+0.0075%4h0.5131−0.019%$3.8M$9.6M50xas long as short
Paradex JTO-USD-PERP+0.0085%8h0.5133+0.023%$492$105xas long as short
Lighter JTOshort+0.0096%1h0.5141+0.183%$115K$236K10x
Aster JTOUSDT+0.0100%4h0.5134+0.047%$122K$220K10xas long as short
Binance JTOUSDT+0.0100%4h0.51320.000%$11.1M$27.9M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit JTOUSDT+0.0100%4h0.5130−0.039%$6.9M$14.2M50xas long as short
Bulk JTO-USD+0.0100%1h0.5137+0.097%$56K$2K10xas long as short
MEXC JTO_USDT+0.0100%4h0.5130−0.039%$6.0M$3.5M50xas long as short
KuCoin JTOUSDTM+0.0100%4h0.5137+0.097%$1.5M$612K20xas long as short
Bitget JTOUSDT+0.0100%4h0.5133+0.019%$2.4M$2.2M50xas long as short
BingX JTO-USDTlong+0.0100%4h0.5132long leg$8.6M
Variational Omni JTO+0.0100%4h0.5136+0.069%$220K$241Kas long as short
Orderly PERP_JTO_USDC_mythos+0.0100%4h0.5133+0.019%$4K$65210xas long as short
Extended JTO-USD+0.0104%1h0.5133+0.012%$518K$2.2M10xas long as short
Hyperliquid JTO+0.0190%1h0.5142+0.189%$7.0M$3.0M5xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0224% / S −0.2181%1h0.5132+0.007%$2K50xas long as short
Backpack JTO_USDC_PERP+0.0273%1h0.5139+0.138%$264K$306K10xas long as short
BloFin JTO-USDT+0.0340%4h0.5141+0.175%$604K$542K75xas long as short
Coinbase International JTO-PERP-INTX+0.0440%1h0.5159+0.526%$59K$133K25xas long as short
Phoenix JTO+0.0464%1h0.5152+0.390%$380K$117K5xas long as short
Kraken Futures PF_JTOUSD+0.0481%1h0.5143+0.213%$343K$347K25xas long as short