Funding you earn now, next payment 06:00 UTC−0.0147%/8h= −16.1% APRpaid last 24h −0.018%
Price spread now: OKX against Lighter−0.300%7-day average −0.147% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$780.777% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.300%, 7d avg −0.147%
=Together, before fees+0.003%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.153% cheaper against Lighter than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.147%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter JTO | 0.5193 | 0.0096 | pay 0.0012% / 1h | 54m 43s | $116K | $228K | 10x |
| Short | OKX JTO-USDT-SWAP | 0.5177 | −0.0051 | pay 0.0026% / 4h | 2h 54m | $3.9M | $9.4M | 50x |
Lighter JTO
OKX JTO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$30.94
- Price spread: −0.300% → −0.147%
- −$15.32
- Slippage, 4 orders
- −$67.67
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$123.92
- Costs to cover
- 0.777%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 40 min ago; OKX: live order book, 3 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, 40 min ago | 6.89 bp | 19.7 bp −$20 | 55.4 bp −$554 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.97 bp | 23.5 bp −$24 | 91.1 bp −$911 | 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 | −0.0522% | 1h | 0.5174 | −0.358% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0342% | 8h | 0.5175 | −0.339% | $896K | $985K | 75x | as long as short |
| Bybit JTOUSDT | −0.0081% | 4h | 0.5186 | −0.127% | $7.1M | $14.0M | 50x | as long as short |
| OKX JTO-USDT-SWAPshort | −0.0051% | 4h | 0.5177 | −0.300% | $3.9M | $9.4M | 50x | |
| dYdX JTO-USD | 0.0000% | 1h | 0.5191 | −0.031% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +6.683% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −4.229% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0096% | 8h | 0.5185 | −0.137% | $518 | — | 5x | as long as short |
| Lighter JTOlong | +0.0096% | 1h | 0.5193 | long leg | $116K | $228K | 10x | |
| Variational Omni JTO | +0.0100% | 4h | 0.5180 | −0.250% | $222K | $242K | — | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Bybit JTOUSDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Variational Omni JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid JTO | +0.0100% | 1h | 0.5199 | +0.119% | $7.1M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5189 | −0.070% | $124K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5184 | −0.163% | $11.3M | $27.6M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5143 | −0.948% | $56K | $9K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5185 | −0.146% | $6.1M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5191 | −0.029% | $1.6M | $604K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5190 | −0.050% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5180 | −0.243% | — | $27.5M | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5174 | −0.358% | $4K | $652 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5177 | −0.298% | $521K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5176 | −0.319% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0310% | 1h | 0.5191 | −0.031% | $383K | $118K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5180 | −0.243% | $618K | $538K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5186 | −0.127% | $59K | $138K | 25x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0478% | 1h | 0.5184 | −0.161% | $335K | $313K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.1144% | 1h | 0.5185 | −0.141% | $269K | $310K | 10x | as long as short |
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Phoenix JTO
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Kraken Futures PF_JTOUSD
Backpack JTO_USDC_PERP