Funding you earn now, next payment 06:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.073%
Price spread now: Lighter against BloFin−0.031%60s7-day average +0.162% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$750.746% of the position
Funding, last 7 days−0.451%−$45 on $10k
+Price spread, last 4 days (all we have)+0.232%+$23 · spread now −0.031%, 7d avg +0.162%
=Together, before fees−0.219%+ Points / potential airdropLighter: Season 3 · farm board−$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Lighter is 0.193% cheaper against BloFin than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.162%). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin JTO-USDT | 0.5130 | 0.0340 | pay 0.0170% / 4h | 2h 36m | $615K | $533K | 75x |
| Short | Lighter JTO | 0.5128 | 0.0096 | get 0.0012% / 1h | 36m 07s | $114K | $229K | 10x |
BloFin JTO-USDT
Lighter JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$51.24
- Price spread: −0.031% → +0.162%
- −$19.28
- Slippage, 4 orders
- −$62.62
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$145.15
- Costs to cover
- 0.746%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 55 min ago; Lighter: live order book, 59 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 BloFin live order book, 55 min ago | 1.93 bp | 16.7 bp −$17 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 59 min ago | 6.89 bp | 15.5 bp −$15 | 55.8 bp −$558 | 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 | −0.0530% | 1h | 0.5121 | −0.175% | $3K | $20K | 10x | as long as short |
| Gate JTO_USDT | −0.0295% | 8h | 0.5121 | −0.175% | $886K | $1.0M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0025% | 4h | 0.5118 | −0.234% | $3.8M | $9.5M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5132 | +0.042% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.984% | — | — | — | as long as short |
| Bybit JTOUSDT | +0.0011% | 4h | 0.5121 | −0.175% | $7.0M | $14.1M | 50x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.060% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0091% | 8h | 0.5129 | −0.012% | $491 | $10 | 5x | as long as short |
| Lighter JTOshort | +0.0096% | 1h | 0.5128 | −0.031% | $114K | $229K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5129 | −0.014% | $7.0M | $3.0M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Bybit JTOUSDT
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Hyperliquid JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5124 | −0.118% | $122K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5120 | −0.195% | $11.1M | $27.9M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5125 | −0.097% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5120 | −0.195% | $6.0M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5122 | −0.146% | $1.5M | $609K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5121 | −0.175% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5121 | −0.175% | — | $8.8M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5107 | −0.455% | $219K | $242K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5122 | −0.156% | $3K | $652 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5119 | −0.214% | $515K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5124 | −0.125% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0307% | 1h | 0.5128 | −0.047% | $267K | $310K | 10x | as long as short |
| BloFin JTO-USDTlong | +0.0340% | 4h | 0.5130 | long leg | $615K | $533K | 75x | |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5209 | +1.540% | $59K | $136K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5140 | +0.195% | $379K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0483% | 1h | 0.5130 | −0.008% | $331K | $313K | 25x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD