Funding you earn now, next payment 03:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter against Extended+0.205%7-day average +0.155% · 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−$73as in the Price arb table
costs, in and out, $10k−$780.775% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.205%, 7d avg +0.155%
=Together, before fees+0.005%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$1 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 0.050% dearer against Extended than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.155%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended JTO-USD | 0.5166 | 0.0104 | pay 0.0013% / 1h | 14m 14s | $520K | $1.7M | 10x |
| Short | Lighter JTO | 0.5176 | 0.0096 | get 0.0012% / 1h | 14m 14s | $118K | $228K | 10x |
Extended JTO-USD
Lighter JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- −$1.68
- Price spread: +0.205% → +0.155%
- $4.99
- Slippage, 4 orders
- −$72.52
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$74.2
- Costs to cover
- 0.775%
- Break-even
- never at this rate
Slippage from Extended: live order book, 4 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 Extended live order book, 4 min ago | 2.13 bp | 17.0 bp −$17 | 148.0 bp −$1,480 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 31 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 | −0.0717% | 1h | 0.5168 | +0.046% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0363% | 8h | 0.5170 | +0.085% | $900K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5171 | +0.103% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.238% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.729% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0084% | 8h | 0.5165 | −0.008% | $515 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5170 | +0.085% | $4K | $652 | 10x | as long as short |
| Lighter JTOshort | +0.0096% | 1h | 0.5176 | +0.205% | $118K | $228K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5173 | +0.148% | $7.1M | $3.3M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5169 | +0.058% | $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 | 0.5167 | +0.027% | $11.3M | $27.3M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5171 | +0.104% | $7.3M | $13.9M | 50x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5168 | +0.046% | $3.9M | $9.3M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5165 | −0.012% | $6.7M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5174 | +0.154% | $1.6M | $586K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5168 | +0.046% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5167 | +0.027% | — | $68.0M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5179 | +0.268% | $224K | $288K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5172 | +0.115% | $56K | $15K | 10x | as long as short |
| Extended JTO-USDlong | +0.0104% | 1h | 0.5166 | long leg | $520K | $1.7M | 10x | |
| Backpack JTO_USDC_PERP | +0.0158% | 1h | 0.5178 | +0.241% | $268K | $325K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5169 | +0.058% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0336% | 1h | 0.5197 | +0.607% | $60K | $135K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5173 | +0.143% | $478K | $507K | 75x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5191 | +0.491% | $383K | $110K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0674% | 1h | 0.5173 | +0.148% | $340K | $314K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
OKX JTO-USDT-SWAP
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Bulk JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD