Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: BingX against Lighter−0.085%7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$810.808% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.160%−$16 · spread now −0.085%, 7d avg −0.113%
=Together, before fees−0.146%+ Points / potential airdropLighter: Season 3 · farm board−$15 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: BingX is 0.028% dearer against Lighter than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.113%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter JTO | 0.5160 | 0.0096 | pay 0.0012% / 1h | 38m 49s | $101K | $187K | 10x |
| Short | BingX JTO-USDT | 0.5156 | 0.0100 | get 0.0050% / 4h | 3h 38m | — | $67.9M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.085% → −0.113%
- $2.78
- Slippage, 4 orders
- −$70.77
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$77.14
- Costs to cover
- 0.808%
- Break-even
- 649.9 days
Slippage from Lighter: live order book, 16 min ago; BingX: live order book, 10 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 BingX live order book, 10 min ago | 1.95 bp | 15.2 bp −$15 | 34.2 bp −$342 | 202.9 bp −$20.3K | 584.1 bp −$292.1K |
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 | −0.008% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0389% | 8h | 0.5158 | −0.047% | $912K | $1.2M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0083% | 4h | 0.5159 | −0.027% | $3.9M | $9.4M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0008% | 8h | 0.5161 | +0.008% | $515 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5160 | −0.004% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.342% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.632% | $31 | $43K | 5.5x | as long as short |
| Lighter JTOlong | +0.0096% | 1h | 0.5160 | long leg | $101K | $187K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5164 | +0.079% | $7.1M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5162 | +0.031% | $173K | $177K | 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 | 0.5159 | −0.027% | $11.3M | $28.0M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5164 | +0.070% | $7.5M | $13.6M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5140 | −0.402% | $56K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5160 | −0.008% | $7.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5167 | +0.136% | $1.6M | $599K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5162 | +0.031% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDTshort | +0.0100% | 4h | 0.5156 | −0.085% | — | $67.9M | — | |
| Variational Omni JTO | +0.0100% | 4h | 0.5173 | +0.238% | $226K | $302K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5161 | +0.012% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5158 | −0.051% | $523K | $1.6M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5163 | +0.059% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0247% | 1h | 0.5162 | +0.040% | $349K | $312K | 25x | as long as short |
| Phoenix JTO | +0.0312% | 1h | 0.5189 | +0.554% | $373K | $262K | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5167 | +0.128% | $66K | $123K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5153 | −0.143% | $618K | $603K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0560% | 1h | 0.5164 | +0.068% | $225K | $464K | 10x | as long as short |
Lighter JTO
BingX JTO-USDT
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Injective JTO/USDC PERP
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
Variational Omni JTO
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