Settings8H · net · $10k
Funding arb · Price arb /

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0208%/8h= +22.8% APRnext payment +$0.26 per $10,000 · paid last 24h +0.079%
Price spread now: Coinbase International against Lighter+0.168%7-day average +0.258% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.393%+$39 on $10k
Price spread, last 3 days (all we have)−0.074%−$7 · spread now +0.168%, 7d avg +0.258%
Together, before fees+0.320%+ Points / potential airdropLighter: Season 3 · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.090% cheaper against Lighter than usual: you would sell low and buy high (spread +0.168% now, against its 7-day average of +0.258%). If the spread goes back, that is −$9 on $10k: about 35 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter JTO0.51220.0096pay 0.0012% / 1h9m 20s$97K$175K10x
ShortCoinbase International JTO-PERP-INTX0.51310.0304get 0.0038% / 1h9m 20s$56K$124K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$43.68
Price spread: +0.168% → +0.258%
−$9.03
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$24.65
Costs to cover
0.100%
Break-even
3.0 days
Slippage unknown: Lighter: live order book, 64 min ago; Coinbase International: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 64 min ago12.97 bp32.1 bp −$3253.6 bp −$536doesn't fitdoesn't fit
Sell Coinbase International live order book, 8 min ago17.59 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

JTO on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit JTO_USDC-PERPETUAL−0.0530%1h0.5123+0.012%$13K$11K10xas long as short
Gate JTO_USDT−0.0171%8h0.5119−0.066%$922K$1.5M75xas long as short
Paradex JTO-USD-PERP−0.0088%8h0.5119−0.074%$5115xas long as short
OKX JTO-USDT-SWAP−0.0083%4h0.5122−0.008%$3.9M$9.9M50xas long as short
dYdX JTO-USD0.0000%1h0.5119−0.061%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5539+8.140%as long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−2.917%$31$43K5.5xas long as short
Lighter JTOlong+0.0096%1h0.5122long leg$97K$175K10x
Hyperliquid JTO+0.0100%1h0.5131+0.174%$7.2M$3.1M5xas long as short
Aster JTOUSDT+0.0100%4h0.5124+0.031%$172K$176K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance JTOUSDT+0.0100%4h0.5124+0.031%$11.4M$28.1M75xas long as short
Bybit JTOUSDT+0.0100%4h0.5127+0.090%$7.3M$13.8M50xas long as short
Bulk JTO-USD+0.0100%1h0.5109−0.253%$55K$1K10xas long as short
MEXC JTO_USDT+0.0100%4h0.5122−0.008%$7.1M$3.7M50xas long as short
KuCoin JTOUSDTM+0.0100%4h0.5123+0.014%$1.6M$642K20xas long as short
Bitget JTOUSDT+0.0100%4h0.5126+0.070%$2.5M$2.4M50xas long as short
BingX JTO-USDT+0.0100%4h0.5124+0.031%$66.2Mas long as short
Backpack JTO_USDC_PERP+0.0100%1h0.5120−0.055%$225K$502K10xas long as short
Variational Omni JTO+0.0100%4h0.5115−0.148%$180K$258Kas long as short
Orderly PERP_JTO_USDC_mythos+0.0100%4h0.5123+0.012%$4K$2K10xas long as short
Extended JTO-USD+0.0104%1h0.5118−0.087%$518K$854K10xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0223% / S −0.2181%1h0.5126+0.074%$2K50xas long as short
Coinbase International JTO-PERP-INTXshort+0.0304%1h0.5131+0.168%$56K$124K25x
BloFin JTO-USDT+0.0340%4h0.5112−0.203%$630K$570K75xas long as short
Phoenix JTO+0.0463%1h0.5126+0.070%$369K$267K5xas long as short
Kraken Futures PF_JTOUSD+0.0520%1h0.5120−0.041%$347K$313K25xas long as short