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

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.002%
Price spread now: Variational Omni against Lighter−0.418%7-day average −0.058% · you buy dearer than you sell
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 4 days (all we have)−0.006%−$1 on $10k
Price spread, last 4 days (all we have)+0.436%+$44 · spread now −0.418%, 7d avg −0.058%
Together, before fees+0.430%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$43 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: Variational Omni is 0.360% cheaper against Lighter than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of −0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter JTO0.51280.0096pay 0.0012% / 1h38m 02s$114K$229K10x
ShortVariational Omni JTO0.51070.0100get 0.0050% / 4h2h 38m$219K$242K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$0.84
Price spread: −0.418% → −0.058%
−$36.02
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$35.18
Costs to cover
0.000%
Break-even
300.1 days
Slippage unknown: Lighter: live order book, 57 min ago; Variational Omni: RFQ quote, 11 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, 57 min ago6.89 bp19.7 bp −$2055.4 bp −$554doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 11 min ago4.82 bpdoesn't fit70.3 bp −$703doesn'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−0.0336%1h0.5119−0.177%$3K$20K10xas long as short
Gate JTO_USDT−0.0301%8h0.5121−0.138%$885K$1.0M75xas long as short
OKX JTO-USDT-SWAP−0.0033%4h0.5121−0.138%$3.8M$9.5M50xas long as short
Bybit JTOUSDT−0.0015%4h0.5125−0.060%$7.0M$14.1M50xas long as short
dYdX JTO-USD0.0000%1h0.5118−0.192%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5540+8.025%as long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−3.025%$31$43K5.5xas long as short
Paradex JTO-USD-PERP+0.0090%8h0.5116−0.229%$490$105xas long as short
Lighter JTOlong+0.0096%1h0.5128long leg$114K$229K10x
Hyperliquid JTO+0.0100%1h0.5134+0.111%$7.0M$3.0M5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster JTOUSDT+0.0100%4h0.5126−0.036%$122K$219K10xas long as short
Binance JTOUSDT+0.0100%4h0.5124−0.085%$11.1M$27.8M75xas long as short
Bulk JTO-USD+0.0100%1h0.5125−0.060%$56K$2K10xas long as short
MEXC JTO_USDT+0.0100%4h0.5122−0.119%$6.0M$3.5M50xas long as short
KuCoin JTOUSDTM+0.0100%4h0.5121−0.148%$1.5M$608K20xas long as short
Bitget JTOUSDT+0.0100%4h0.5123−0.099%$2.4M$2.3M50xas long as short
BingX JTO-USDT+0.0100%4h0.5123−0.099%$8.8Mas long as short
Variational Omni JTOshort+0.0100%4h0.5107−0.418%$219K$242K
Orderly PERP_JTO_USDC_mythos+0.0100%4h0.5119−0.177%$3K$65210xas long as short
Extended JTO-USD+0.0104%1h0.5116−0.244%$515K$2.2M10xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0224% / S −0.2181%1h0.5120−0.161%$2K50xas long as short
BloFin JTO-USDT+0.0340%4h0.5100−0.548%$613K$530K75xas long as short
Backpack JTO_USDC_PERP+0.0361%1h0.5131+0.051%$267K$310K10xas long as short
Coinbase International JTO-PERP-INTX+0.0440%1h0.5209+1.578%$59K$136K25xas long as short
Phoenix JTO+0.0464%1h0.5140+0.232%$379K$118K5xas long as short
Kraken Futures PF_JTOUSD+0.0483%1h0.5124−0.074%$331K$313K25xas long as short