Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Binance against Lighter−0.074%7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$780.782% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)−0.075%−$7 · spread now −0.074%, 7d avg −0.127%
=Together, before fees−0.092%+ Points / potential airdropLighter: Season 3 · farm board−$9 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: Binance is 0.053% dearer against Lighter than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.127%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter JTO | 0.5159 | 0.0096 | pay 0.0012% / 1h | 39m 16s | $101K | $187K | 10x |
| Short | Binance JTOUSDT | 0.5155 | 0.0100 | get 0.0050% / 4h | 3h 39m | $11.3M | $28.0M | 75x |
Lighter JTO
Binance JTOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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: −0.074% → −0.127%
- $5.31
- Slippage, 4 orders
- −$68.25
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$72.1
- Costs to cover
- 0.782%
- Break-even
- 607.8 days
Slippage from Lighter: live order book, 16 min ago; Binance: live order book, 2 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 Lighter live order book, 16 min ago | 7.61 bp | 20.3 bp −$20 | 43.3 bp −$433 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.97 bp | 12.7 bp −$13 | 30.0 bp −$300 | 233.3 bp −$23.3K | 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 | −0.0525% | 1h | 0.5160 | +0.027% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0389% | 8h | 0.5164 | +0.105% | $914K | $1.2M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0073% | 4h | 0.5158 | −0.012% | $3.9M | $9.4M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0008% | 8h | 0.5163 | +0.077% | $515 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5167 | +0.163% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.379% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.598% | $31 | $43K | 5.5x | as long as short |
| Lighter JTOlong | +0.0096% | 1h | 0.5159 | long leg | $101K | $187K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5169 | +0.196% | $7.1M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5165 | +0.123% | $173K | $177K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Hyperliquid JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDTshort | +0.0100% | 4h | 0.5155 | −0.074% | $11.3M | $28.0M | 75x | |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5158 | −0.012% | $7.5M | $13.6M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5140 | −0.367% | $56K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5161 | +0.047% | $7.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5170 | +0.223% | $1.6M | $599K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5161 | +0.047% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5161 | +0.047% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5173 | +0.273% | $226K | $302K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5161 | +0.047% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5158 | −0.008% | $521K | $1.6M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5163 | +0.093% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0247% | 1h | 0.5162 | +0.075% | $349K | $312K | 25x | as long as short |
| Phoenix JTO | +0.0312% | 1h | 0.5189 | +0.589% | $373K | $262K | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5167 | +0.163% | $66K | $123K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5153 | −0.109% | $618K | $603K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0612% | 1h | 0.5171 | +0.244% | $225K | $463K | 10x | as long as short |
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Kraken Futures PF_JTOUSD
Phoenix JTO
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Backpack JTO_USDC_PERP