Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: MEXC against Lighter+0.106%7-day average −0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$570.575% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)−0.351%−$35 · spread now +0.106%, 7d avg −0.129%
=Together, before fees−0.368%+ Points / potential airdropLighter: Season 3 · farm board−$37 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: MEXC is 0.235% dearer against Lighter than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.129%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter JTO | 0.5171 | 0.0096 | pay 0.0012% / 1h | 37m 46s | $102K | $187K | 10x |
| Short | MEXC JTO_USDT | 0.5177 | 0.0100 | get 0.0050% / 4h | 3h 37m | $7.1M | $3.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.106% → −0.129%
- $23.5
- Slippage, 4 orders
- −$57.47
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$33.12
- Costs to cover
- 0.575%
- Break-even
- 283.0 days
Slippage from Lighter: live order book, 17 min ago; MEXC: live order book, 5 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, 17 min ago | 7.61 bp | 20.3 bp −$20 | 43.3 bp −$433 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.97 bp | 3.6 bp −$4 | 18.2 bp −$182 | 71.1 bp −$7,113 | 188.9 bp −$94.5K |
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 | −0.0524% | 1h | 0.5165 | −0.126% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0363% | 8h | 0.5173 | +0.029% | $915K | $1.2M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0083% | 4h | 0.5181 | +0.184% | $3.9M | $9.5M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0008% | 8h | 0.5161 | −0.207% | $515 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5160 | −0.219% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.112% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.838% | $31 | $43K | 5.5x | as long as short |
| Lighter JTOlong | +0.0096% | 1h | 0.5171 | long leg | $102K | $187K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5191 | +0.381% | $7.1M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5175 | +0.069% | $174K | $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 | 0.5180 | +0.162% | $11.4M | $28.0M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5185 | +0.261% | $7.6M | $13.6M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5156 | −0.300% | $56K | −$0 | 10x | as long as short |
| MEXC JTO_USDTshort | +0.0100% | 4h | 0.5177 | +0.106% | $7.1M | $3.6M | 50x | |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5178 | +0.120% | $1.6M | $599K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5184 | +0.242% | $2.6M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5176 | +0.087% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5173 | +0.023% | $226K | $302K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5165 | −0.126% | $4K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5175 | +0.063% | $522K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5168 | −0.065% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0247% | 1h | 0.5175 | +0.058% | $349K | $312K | 25x | as long as short |
| Phoenix JTO | +0.0312% | 1h | 0.5189 | +0.338% | $373K | $262K | 5x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0320% | 1h | 0.5168 | −0.068% | $66K | $123K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5153 | −0.358% | $618K | $603K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0509% | 1h | 0.5178 | +0.122% | $226K | $464K | 10x | as long as short |
Lighter JTO
MEXC 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
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
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