Funding you earn now, next payment 06:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Lighter against dYdX+0.160%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.160% dearer against dYdX than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX JTO-USD | 0.5140 | 0 | get 0.0000% / 1h | 16m 11s | $4K | $4K | 5x |
| Short | Lighter JTO | 0.5148 | 0.0096 | get 0.0012% / 1h | 16m 11s | $115K | $229K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against dYdX. 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
- $20.16
- Price spread: +0.160% → 0.000%
- $16.01
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $26.17
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 14 min ago. Net counts fees only.
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 dYdX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 14 min ago | 9.30 bp | 27.1 bp −$27 | 58.8 bp −$588 | doesn't fit | doesn't fit |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0243% | 8h | 0.5142 | +0.039% | $903K | $1.0M | 75x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0139% | 1h | 0.5142 | +0.039% | $3K | $20K | 10x | as long as short |
| dYdX JTO-USDlong | 0.0000% | 1h | 0.5140 | long leg | $4K | $4K | 5x | |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.775% | — | — | — | as long as short |
| OKX JTO-USDT-SWAP | +0.0026% | 4h | 0.5142 | +0.039% | $3.8M | $9.6M | 50x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.249% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0078% | 8h | 0.5138 | −0.043% | $492 | $10 | 5x | as long as short |
| Bybit JTOUSDT | +0.0093% | 4h | 0.5142 | +0.039% | $7.0M | $14.2M | 50x | as long as short |
| Lighter JTOshort | +0.0096% | 1h | 0.5148 | +0.160% | $115K | $229K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5153 | +0.246% | $7.0M | $3.0M | 5x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5144 | +0.075% | $122K | $220K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5145 | +0.098% | $11.1M | $28.0M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5122 | −0.340% | $55K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5143 | +0.059% | $6.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5147 | +0.139% | $1.5M | $611K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5145 | +0.098% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5142 | +0.039% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5142 | +0.041% | $220K | $241K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5142 | +0.039% | $4K | $652 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5140 | −0.002% | $518K | $2.2M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0150% | 1h | 0.5152 | +0.230% | $265K | $308K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5143 | +0.056% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5141 | +0.020% | $602K | $544K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5161 | +0.409% | $58K | $136K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5151 | +0.215% | $380K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0481% | 1h | 0.5150 | +0.192% | $344K | $349K | 25x | as long as short |
Lighter JTO
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Bybit JTOUSDT
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD