Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter−0.085%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$740.739% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.420%−$42 · spread now −0.085%, 7d avg −0.062%
=Together, before fees−0.434%+ Points / potential airdropLighter: Season 3 · farm board−$43 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: Bitget is 0.023% cheaper against Lighter than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter JTO | 0.5152 | 0.0096 | pay 0.0012% / 1h | 46m 28s | $99K | $184K | 10x |
| Short | Bitget JTOUSDT | 0.5148 | 0.0100 | get 0.0050% / 4h | 2h 46m | $2.5M | $2.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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% → −0.062%
- −$2.29
- Slippage, 4 orders
- −$61.89
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$75.35
- Costs to cover
- 0.739%
- Break-even
- 634.9 days
Slippage from Lighter: live order book, 36 min ago; Bitget: live order book, 1 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, 36 min ago | 13.68 bp | 27.4 bp −$27 | 45.6 bp −$456 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 0.97 bp | 16.0 bp −$16 | 48.3 bp −$483 | 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 | −0.0913% | 1h | 0.5151 | −0.027% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0135% | 8h | 0.5146 | −0.124% | $933K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0061% | 4h | 0.5144 | −0.163% | $3.9M | $9.8M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5154 | +0.031% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.515% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0013% | 8h | 0.5145 | −0.145% | $513 | — | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.482% | $31 | $43K | 5.5x | as long as short |
| Lighter JTOlong | +0.0096% | 1h | 0.5152 | long leg | $99K | $184K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5157 | +0.098% | $7.3M | $3.2M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5150 | −0.043% | $173K | $175K | 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 | 0.5146 | −0.124% | $11.5M | $27.9M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5151 | −0.027% | $7.5M | $13.5M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5155 | +0.050% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5146 | −0.124% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5153 | +0.017% | $1.6M | $572K | 20x | as long as short |
| Bitget JTOUSDTshort | +0.0100% | 4h | 0.5148 | −0.085% | $2.5M | $2.4M | 50x | |
| BingX JTO-USDT | +0.0100% | 4h | 0.5148 | −0.085% | — | $63.5M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5156 | +0.074% | $263K | $514K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5146 | −0.133% | $183K | $259K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5148 | −0.085% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5144 | −0.153% | $523K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5151 | −0.025% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5202 | +0.963% | $57K | $126K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5148 | −0.085% | $645K | $574K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5153 | +0.012% | $371K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0610% | 1h | 0.5159 | +0.132% | $351K | $312K | 25x | as long as short |
Lighter JTO
Bitget JTOUSDT
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
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD