Funding you earn now, next payment 06:00 UTC+0.0125%/8h= +13.7% APRpaid last 24h +0.018%
Price spread now: Lighter against OKX+0.346%7-day average +0.148% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$730.732% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.346%, 7d avg +0.148%
=Together, before fees−0.118%+ Points / potential airdropLighter: Season 3 · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.198% dearer against OKX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.148%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX JTO-USDT-SWAP | 0.5119 | −0.0029 | get 0.0014% / 4h | 2h 36m | $3.8M | $9.5M | 50x |
| Short | Lighter JTO | 0.5137 | 0.0096 | get 0.0012% / 1h | 36m 30s | $114K | $229K | 10x |
OKX JTO-USDT-SWAP
Lighter JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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
- $26.2
- Price spread: +0.346% → +0.148%
- $19.83
- Slippage, 4 orders
- −$63.22
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$27.19
- Costs to cover
- 0.732%
- Break-even
- 14.3 days
Slippage from OKX: live order book, 2 min ago; Lighter: live order book, 59 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 OKX live order book, 2 min ago | 0.98 bp | 18.6 bp −$19 | 76.5 bp −$765 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 59 min ago | 6.89 bp | 15.5 bp −$15 | 55.8 bp −$558 | 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 | −0.0335% | 1h | 0.5128 | +0.176% | $3K | $20K | 10x | as long as short |
| Gate JTO_USDT | −0.0295% | 8h | 0.5127 | +0.156% | $887K | $1.0M | 75x | as long as short |
| OKX JTO-USDT-SWAPlong | −0.0029% | 4h | 0.5119 | long leg | $3.8M | $9.5M | 50x | |
| dYdX JTO-USD | 0.0000% | 1h | 0.5132 | +0.257% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.216% | — | — | — | as long as short |
| Bybit JTOUSDT | +0.0011% | 4h | 0.5127 | +0.156% | $7.0M | $14.1M | 50x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.852% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0091% | 8h | 0.5129 | +0.203% | $491 | $10 | 5x | as long as short |
| Lighter JTOshort | +0.0096% | 1h | 0.5137 | +0.346% | $114K | $229K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5130 | +0.219% | $7.0M | $3.0M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Bybit JTOUSDT
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Hyperliquid JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5127 | +0.166% | $122K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5125 | +0.110% | $11.1M | $27.8M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5125 | +0.117% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5130 | +0.215% | $6.0M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5131 | +0.229% | $1.5M | $608K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5126 | +0.137% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5125 | +0.117% | — | $8.8M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5107 | −0.241% | $219K | $242K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5128 | +0.176% | $4K | $652 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5128 | +0.169% | $515K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5129 | +0.203% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0331% | 1h | 0.5136 | +0.330% | $267K | $309K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5130 | +0.215% | $615K | $533K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5209 | +1.758% | $59K | $136K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5140 | +0.410% | $379K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0482% | 1h | 0.5137 | +0.347% | $332K | $313K | 25x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Backpack JTO_USDC_PERP
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD