Funding you earn now, next payment 02:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.16 per $10,000 · paid last 24h −0.033%
Price spread now: Lighter against GMX+0.222%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
The price spread pays, funding is against you. Lighter is 0.222% dearer against GMX than usual: you sell high and buy low (spread +0.222% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX JTO/USD [WBTC.b-USDC] | 0.5155 | L +0.0224% / S −0.2181% | pay 0.0028% / 1h | 22m 54s | $2K | — | 50x |
| Short | Lighter JTO | 0.5167 | 0.0096 | get 0.0012% / 1h | 22m 54s | $126K | $227K | 10x |
GMX JTO/USD [WBTC.b-USDC]
Lighter JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GMX. 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
- −$26.84
- Price spread: +0.222% → 0.000%
- $22.23
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$16.61
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 27 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 GMX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 27 min ago | 8.25 bp | 29.6 bp −$30 | 69.1 bp −$691 | doesn't fit | doesn't fit |
GMX: 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 25 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 | −0.0526% | 1h | 0.5153 | −0.045% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0146% | 8h | 0.5156 | +0.013% | $910K | $1.1M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5166 | +0.206% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.453% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.537% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0078% | 8h | 0.5160 | +0.097% | $515 | — | 5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0079% | 4h | 0.5161 | +0.110% | $3.9M | $9.5M | 50x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5154 | −0.026% | $4K | $872 | 10x | as long as short |
| Lighter JTOshort | +0.0096% | 1h | 0.5167 | +0.222% | $126K | $227K | 10x | |
| Aster JTOUSDT | +0.0100% | 4h | 0.5156 | +0.018% | $127K | $222K | 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
OKX JTO-USDT-SWAP
Orderly PERP_JTO_USDC_mythos
Aster JTOUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5162 | +0.129% | $11.4M | $27.6M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5164 | +0.168% | $7.6M | $13.5M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5162 | +0.129% | $6.7M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5168 | +0.244% | $1.6M | $579K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5163 | +0.149% | $2.4M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5160 | +0.090% | — | $68.0M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5165 | +0.195% | $266K | $432K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5170 | +0.287% | $225K | $296K | — | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5162 | +0.137% | $56K | $15K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5161 | +0.103% | $523K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]long | L +0.0224% / S −0.2181% | 1h | 0.5155 | long leg | $2K | — | 50x | |
| Coinbase International JTO-PERP-INTX | +0.0264% | 1h | 0.5153 | −0.045% | $59K | $138K | 25x | as long as short |
| Hyperliquid JTO | +0.0438% | 1h | 0.5170 | +0.288% | $7.1M | $3.2M | 5x | as long as short |
| Phoenix JTO | +0.0466% | 1h | 0.5170 | +0.284% | $382K | $114K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0770% | 1h | 0.5156 | +0.022% | $347K | $308K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Bulk JTO-USD
Extended JTO-USD
Coinbase International JTO-PERP-INTX
Hyperliquid JTO
Phoenix JTO
Kraken Futures PF_JTOUSD