Funding you earn now, next payment 01:00 UTC+0.2085%/8h= +228.3% APRnext payment +$2.61 per $10,000 · paid last 24h +0.571%
Price spread now: GMX against Lighter+0.104%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$63 a day on $10k at the current rate, and GMX is 0.104% dearer against Lighter than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter JTO | 0.5115 | 0.0096 | pay 0.0012% / 1h | 57m 41s | $101K | $186K | 10x |
| Short | GMX JTO/USD [WBTC.b-USDC] | 0.5121 | L +0.0223% / S −0.2181% | get 0.0273% / 1h | 57m 41s | $2K | — | 50x |
Lighter JTO
GMX JTO/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $437.83
- Price spread: +0.104% → 0.000%
- $10.44
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $436.27
- Costs to cover
- 0.120%
- Break-even
- 0.0 days
Slippage unknown: Lighter: live order book, 62 min ago; GMX: 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, 62 min ago | 11.04 bp | 32.7 bp −$33 | 55.5 bp −$555 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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-PERPETUAL | −0.0336% | 1h | 0.5118 | +0.049% | $13K | $11K | 10x | as long as short |
| OKX JTO-USDT-SWAP | −0.0037% | 4h | 0.5110 | −0.108% | $3.9M | $9.4M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0020% | 8h | 0.5110 | −0.099% | $510 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5119 | +0.073% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.283% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.786% | $31 | $43K | 5.5x | as long as short |
| Lighter JTOlong | +0.0096% | 1h | 0.5115 | long leg | $101K | $186K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5121 | +0.101% | $7.0M | $3.2M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5118 | +0.049% | $172K | $177K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5113 | −0.052% | $11.3M | $28.1M | 75x | as long as short |
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | +0.0100% | 4h | 0.5116 | +0.010% | $7.5M | $13.8M | 50x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.5115 | −0.010% | $909K | $1.2M | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5112 | −0.068% | $7.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5119 | +0.076% | $1.6M | $599K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5117 | +0.029% | $2.5M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5114 | −0.029% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5131 | +0.309% | $224K | $305K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5118 | +0.049% | $4K | $2K | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5128 | +0.244% | $56K | −$0 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5113 | −0.053% | $518K | $851K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC]short | L +0.0223% / S −0.2181% | 1h | 0.5121 | +0.104% | $2K | — | 50x | |
| Kraken Futures PF_JTOUSD | +0.0249% | 1h | 0.5123 | +0.141% | $346K | $313K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5113 | −0.049% | $56K | $112K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.0324% | 1h | 0.5124 | +0.158% | $225K | $463K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5113 | −0.049% | $616K | $606K | 75x | as long as short |
| Phoenix JTO | +0.0465% | 1h | 0.5131 | +0.303% | $368K | $261K | 5x | as long as short |
Bybit JTOUSDT
Gate JTO_USDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP
BloFin JTO-USDT
Phoenix JTO