Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.025%
Price spread now: Lighter against Hyperliquid−0.065%7-day average −0.080% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.065%, 7d avg −0.080%
=Together, before fees−0.079%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board−$8 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid JTO | 0.5123 | 0.0100 | pay 0.0013% / 1h | 17m 25s | $7.2M | $3.1M | 5x |
| Short | Lighter JTO | 0.5120 | 0.0096 | get 0.0012% / 1h | 17m 25s | $97K | $175K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Hyperliquid. 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: −0.065% → −0.080%
- $1.56
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$8.28
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; Lighter: live order book, 56 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 Hyperliquid live order book, 5 min ago | 1.36 bp | 15.2 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 56 min ago | 12.97 bp | 19.7 bp −$20 | 44.5 bp −$445 | 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 | −0.0530% | 1h | 0.5121 | −0.043% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0169% | 8h | 0.5117 | −0.121% | $921K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0067% | 4h | 0.5113 | −0.199% | $3.9M | $9.9M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0055% | 8h | 0.5111 | −0.244% | $510 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5117 | −0.121% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.122% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.932% | $31 | $43K | 5.5x | as long as short |
| Lighter JTOshort | +0.0096% | 1h | 0.5120 | −0.065% | $97K | $175K | 10x | |
| Hyperliquid JTOlong | +0.0100% | 1h | 0.5123 | long leg | $7.2M | $3.1M | 5x | |
| Aster JTOUSDT | +0.0100% | 4h | 0.5120 | −0.059% | $172K | $176K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5113 | −0.205% | $11.4M | $28.1M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5116 | −0.141% | $7.3M | $13.8M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5114 | −0.180% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5122 | −0.024% | $1.6M | $643K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5116 | −0.141% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5114 | −0.180% | — | $63.8M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5123 | +0.004% | $225K | $503K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5124 | +0.012% | $181K | $258K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5115 | −0.160% | $4K | $2K | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5124 | +0.015% | $56K | $1K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5112 | −0.225% | $518K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5118 | −0.093% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0304% | 1h | 0.5131 | +0.152% | $56K | $124K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5119 | −0.082% | $632K | $571K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5127 | +0.074% | $369K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0519% | 1h | 0.5128 | +0.084% | $348K | $313K | 25x | as long as short |
Hyperliquid JTO
Lighter JTO
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Injective JTO/USDC PERP
Aster JTOUSDT
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
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD