Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.020%
Price spread now: Lighter against Bybit+0.096%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$910.912% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.096%, 7d avg +0.075%
=Together, before fees+0.212%+ Points / potential airdropLighter: Season 3 · farm board+$21 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 0.021% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit JTOUSDT | 0.5122 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $7.3M | $13.7M | 50x |
| Short | Lighter JTO | 0.5127 | 0.0096 | get 0.0012% / 1h | 39m 13s | $117K | $228K | 10x |
Bybit JTOUSDT
Lighter JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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: +0.096% → +0.075%
- $2.08
- Slippage, 4 orders
- −$80.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$89.95
- Costs to cover
- 0.912%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Lighter: live order book, 6 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 Bybit live order book, 4 min ago | 1.95 bp | 27.1 bp −$27 | 60.2 bp −$602 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 7.02 bp | 24.4 bp −$24 | 45.1 bp −$451 | 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 | −0.0531% | 1h | 0.5118 | −0.078% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0348% | 8h | 0.5119 | −0.059% | $893K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5124 | +0.039% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.152% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.909% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0078% | 8h | 0.5117 | −0.092% | $511 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5120 | −0.039% | $3K | $652 | 10x | as long as short |
| Lighter JTOshort | +0.0096% | 1h | 0.5127 | +0.096% | $117K | $228K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5128 | +0.109% | $7.0M | $3.3M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5124 | +0.034% | $126K | $219K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Orderly PERP_JTO_USDC_mythos
Hyperliquid JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5118 | −0.085% | $11.2M | $27.1M | 75x | as long as short |
| Bybit JTOUSDTlong | +0.0100% | 4h | 0.5122 | long leg | $7.3M | $13.7M | 50x | |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5113 | −0.176% | $3.8M | $9.2M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5097 | −0.488% | $55K | $15K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5118 | −0.078% | $6.6M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5127 | +0.094% | $1.6M | $587K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5119 | −0.059% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5119 | −0.059% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5130 | +0.150% | $267K | $331K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5123 | +0.020% | $222K | $288K | — | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5117 | −0.105% | $517K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5121 | −0.026% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0336% | 1h | 0.5133 | +0.215% | $59K | $134K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5113 | −0.176% | $619K | $511K | 75x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5143 | +0.410% | $380K | $110K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0680% | 1h | 0.5125 | +0.068% | $345K | $306K | 25x | as long as short |
Binance JTOUSDT
OKX JTO-USDT-SWAP
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD