JTO

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0814%/8h= −89.1% APRnext payment −$1.02 per $10,000 · paid last 24h −0.149%

Price spread now: Deribit against Lighter+0.155%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Deribit is 0.155% dearer against Lighter than usual: you sell high and buy low (spread +0.155% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter JTO	0.5154	0.0096	pay 0.0012% / 1h	56m 52s	$118K	$226K	10x
Short	Deribit JTO_USDC-PERPETUAL	0.5162	−0.0718	pay 0.0090% / 1h	56m 52s	$13K	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee LighterbpFee DeribitbpOrdersPrice spread, now +0.155%Rate

Funding earned: −$170.87
Price spread: +0.155% → 0.000%: $15.52
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$162.35
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Lighter: live order book, 43 min ago; Deribit: no order-book sample. Net counts fees only.

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, 43 min ago	7.70 bp	26.6 bp −$27	47.0 bp −$470	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-PERPETUALshort	−0.0718%	1h	0.5162	+0.155%	$13K	$10K	10x
Gate JTO_USDT	−0.0333%	8h	0.5155	+0.019%	$898K	$994K	75x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5170	+0.310%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5540	+7.482%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−3.512%	$31	$43K	5.5x	as long as short
Paradex JTO-USD-PERP	+0.0085%	8h	0.5165	+0.220%	$516	—	5x	as long as short
OKX JTO-USDT-SWAP	+0.0093%	4h	0.5148	−0.116%	$3.9M	$9.4M	50x	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0094%	4h	0.5163	+0.175%	$4K	$652	10x	as long as short
Lighter JTOlong	+0.0096%	1h	0.5154	long leg	$118K	$226K	10x
Hyperliquid JTO	+0.0100%	1h	0.5155	+0.029%	$7.0M	$3.0M	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster JTOUSDT	+0.0100%	4h	0.5156	+0.040%	$124K	$218K	10x	as long as short
Binance JTOUSDT	+0.0100%	4h	0.5150	−0.085%	$11.3M	$27.5M	75x	as long as short
Bybit JTOUSDT	+0.0100%	4h	0.5151	−0.058%	$7.1M	$14.0M	50x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5151	−0.058%	$6.2M	$3.4M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5160	+0.113%	$1.5M	$603K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5148	−0.116%	$2.4M	$2.3M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5152	−0.039%	—	$68.0M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5156	+0.041%	$223K	$266K	—	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5141	−0.252%	$56K	$17K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5149	−0.102%	$518K	$1.7M	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5165	+0.212%	$2K	—	50x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5157	+0.058%	$618K	$522K	75x	as long as short
Kraken Futures PF_JTOUSD	+0.0378%	1h	0.5165	+0.221%	$336K	$312K	25x	as long as short
Coinbase International JTO-PERP-INTX	+0.0440%	1h	0.5176	+0.427%	$59K	$137K	25x	as long as short
Phoenix JTO	+0.0469%	1h	0.5164	+0.194%	$381K	$110K	5x	as long as short
Backpack JTO_USDC_PERP	+0.1019%	1h	0.5167	+0.256%	$269K	$314K	10x	as long as short