Funding you earn now, next payment 00:00 UTC+0.0276%/8h= +30.2% APRpaid last 24h +0.035%
Price spread now: Lighter against Gate+0.137%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1531.534% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now +0.137%, 7d avg +0.099%
=Together, before fees+0.184%+ Points / potential airdropLighter: Season 3 · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Lighter is 0.038% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.099%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.042% in total (about 2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate JTO_USDT | 0.5108 | −0.0180 | get 0.0180% / 8h | 27m 14s | $899K | $1.5M | 75x |
| Short | Lighter JTO | 0.5115 | 0.0096 | get 0.0012% / 1h | 27m 14s | $101K | $193K | 10x |
Gate JTO_USDT
Lighter JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $57.96
- Price spread: +0.137% → +0.099%
- $3.85
- Slippage, 4 orders
- −$138.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$91.63
- Costs to cover
- 1.534%
- Break-even
- 18.1 days
Slippage from Gate: live order book, 5 min ago; Lighter: live order book, 33 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 Gate live order book, 5 min ago | 6.84 bp | 42.1 bp −$42 | 103.8 bp −$1,038 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 33 min ago | 11.04 bp | 34.7 bp −$35 | 66.0 bp −$660 | 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 | −0.0727% | 1h | 0.5111 | +0.059% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDTlong | −0.0180% | 8h | 0.5108 | long leg | $899K | $1.5M | 75x | |
| Paradex JTO-USD-PERP | −0.0019% | 8h | 0.5109 | +0.016% | $510 | — | 5x | as long as short |
| OKX JTO-USDT-SWAP | −0.0016% | 4h | 0.5110 | +0.039% | $3.9M | $9.5M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5111 | +0.066% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.445% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.643% | $31 | $43K | 5.5x | as long as short |
| Bulk JTO-USD | +0.0034% | 1h | 0.5106 | −0.049% | $55K | $1K | 10x | as long as short |
| Lighter JTOshort | +0.0096% | 1h | 0.5115 | +0.137% | $101K | $193K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5119 | +0.206% | $7.1M | $3.2M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Paradex JTO-USD-PERP
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Bulk JTO-USD
Hyperliquid JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5117 | +0.170% | $172K | $177K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5111 | +0.059% | $11.3M | $28.1M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5115 | +0.137% | $7.4M | $13.9M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5110 | +0.039% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5116 | +0.153% | $1.6M | $631K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5112 | +0.078% | $2.5M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5111 | +0.059% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5110 | +0.037% | $224K | $305K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5113 | +0.098% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5109 | +0.020% | $518K | $854K | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0109% | 1h | 0.5117 | +0.172% | $224K | $471K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5115 | +0.137% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0226% | 1h | 0.5118 | +0.202% | $346K | $312K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0296% | 1h | 0.5172 | +1.253% | $57K | $115K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5105 | −0.059% | $630K | $610K | 75x | as long as short |
| Phoenix JTO | +0.0465% | 1h | 0.5117 | +0.176% | $367K | $266K | 5x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO