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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX JTO-USDT | 0.5132 | 0.0100 | pay 0.0050% / 4h | 1h 59m | — | $8.6M | — |
| Short | Lighter JTO | 0.5141 | 0.0096 | get 0.0012% / 1h | 59m 19s | $115K | $236K | 10x |
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 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: +0.183% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 9 min ago | 1.95 bp | 13.8 bp −$14 | 30.9 bp −$309 | 261.3 bp −$26.1K | 608.9 bp −$304.4K |
| Sell Lighter live order book, 31 min ago | 9.30 bp | 27.1 bp −$27 | 58.8 bp −$588 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate JTO_USDT | −0.0183% | 8h | 0.5133 | +0.019% | $903K | $1.0M | 75x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0139% | 1h | 0.5133 | +0.019% | $13K | $30K | 10x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5133 | +0.019% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.944% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.098% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0075% | 4h | 0.5131 | −0.019% | $3.8M | $9.6M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0085% | 8h | 0.5133 | +0.023% | $492 | $10 | 5x | as long as short |
| Lighter JTOshort | +0.0096% | 1h | 0.5141 | +0.183% | $115K | $236K | 10x | |
| Aster JTOUSDT | +0.0100% | 4h | 0.5134 | +0.047% | $122K | $220K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5132 | 0.000% | $11.1M | $27.9M | 75x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | +0.0100% | 4h | 0.5130 | −0.039% | $6.9M | $14.2M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5137 | +0.097% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5130 | −0.039% | $6.0M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5137 | +0.097% | $1.5M | $612K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5133 | +0.019% | $2.4M | $2.2M | 50x | as long as short |
| BingX JTO-USDTlong | +0.0100% | 4h | 0.5132 | long leg | — | $8.6M | — | |
| Variational Omni JTO | +0.0100% | 4h | 0.5136 | +0.069% | $220K | $241K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5133 | +0.019% | $4K | $652 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5133 | +0.012% | $518K | $2.2M | 10x | as long as short |
| Hyperliquid JTO | +0.0190% | 1h | 0.5142 | +0.189% | $7.0M | $3.0M | 5x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5132 | +0.007% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0273% | 1h | 0.5139 | +0.138% | $264K | $306K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5141 | +0.175% | $604K | $542K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5159 | +0.526% | $59K | $133K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5152 | +0.390% | $380K | $117K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0481% | 1h | 0.5143 | +0.213% | $343K | $347K | 25x | as long as short |
BingX JTO-USDT
Lighter JTO
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
Variational Omni JTO
Extended JTO-USD
Hyperliquid JTO
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD