Funding you earn now, next payment 10:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against KuCoin+0.039%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1951.954% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.444%+$44 · spread now +0.039%, 7d avg +0.041%
=Together, before fees+0.431%+ Points / potential airdropLighter: Season 3 · farm board+$43 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin JTOUSDTM | 0.5113 | 0.0100 | pay 0.0050% / 4h | 2h 59m | $1.4M | $613K | 20x |
| Short | Lighter JTO | 0.5115 | 0.0096 | get 0.0012% / 1h | 59m 43s | $114K | $218K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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: +0.039% → +0.041%
- −$0.2
- Slippage, 4 orders
- −$183.39
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$196.43
- Costs to cover
- 1.954%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Lighter: live order book, 15 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 KuCoin live order book, 6 min ago | 10.75 bp | 74.4 bp −$74 | 587.4 bp −$5,874 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 15 min ago | 8.22 bp | 21.9 bp −$22 | 59.9 bp −$599 | 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 | −0.0336% | 1h | 0.5113 | −0.010% | $13K | $30K | 10x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5119 | +0.108% | $3K | $5K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.332% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.748% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0051% | 8h | 0.5108 | −0.105% | $489 | $10 | 5x | as long as short |
| Lighter JTOshort | +0.0096% | 1h | 0.5115 | +0.039% | $114K | $218K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5119 | +0.108% | $6.9M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5111 | −0.043% | $119K | $233K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5108 | −0.101% | $10.7M | $27.6M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5108 | −0.108% | $6.7M | $13.8M | 50x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5105 | −0.166% | $3.7M | $9.7M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5112 | −0.030% | $55K | −$0 | 10x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.5110 | −0.068% | $886K | $941K | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5107 | −0.127% | $6.2M | $3.2M | 50x | as long as short |
| KuCoin JTOUSDTMlong | +0.0100% | 4h | 0.5113 | long leg | $1.4M | $613K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5108 | −0.108% | $2.3M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5107 | −0.127% | — | $8.5M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5104 | −0.185% | $218K | $229K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5117 | +0.068% | $4K | $918 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5105 | −0.169% | $524K | $2.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5112 | −0.032% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0303% | 1h | 0.5117 | +0.076% | $244K | $324K | 10x | as long as short |
| Phoenix JTO | +0.0313% | 1h | 0.5123 | +0.186% | $362K | $128K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5100 | −0.264% | $576K | $555K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0464% | 1h | 0.5120 | +0.127% | $58K | $133K | 25x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0761% | 1h | 0.5120 | +0.123% | $339K | $378K | 25x | as long as short |
KuCoin JTOUSDTM
Lighter JTO
Deribit JTO_USDC-PERPETUAL
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
OKX JTO-USDT-SWAP
Bulk JTO-USD
Gate JTO_USDT
MEXC JTO_USDT
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
Phoenix JTO
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Kraken Futures PF_JTOUSD