Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Lighter against Bulk+0.496%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.496% dearer against Bulk than usual: you sell high and buy low, +$50 on $10k if it 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 | Bulk JTO-USD | 0.5073 | 0.0100 | pay 0.0013% / 1h | 17m 00s | $55K | −$0 | 10x |
| Short | Lighter JTO | 0.5099 | 0.0096 | get 0.0012% / 1h | 17m 00s | $114K | $243K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bulk. 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: +0.496% → 0.000%
- $49.61
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $41.77
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Bulk: no order-book sample; Lighter: live order book, 3 min ago. 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 Bulk no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 3 min ago | 7.38 bp | 43.4 bp −$43 | 76.6 bp −$766 | doesn't fit | doesn't fit |
Bulk: 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 | −0.0338% | 1h | 0.5095 | +0.425% | $13K | $30K | 10x | as long as short |
| Gate JTO_USDT | −0.0037% | 8h | 0.5094 | +0.405% | $883K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5090 | +0.328% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +9.188% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −1.980% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0037% | 8h | 0.5090 | +0.320% | $488 | $10 | 5x | as long as short |
| Bybit JTOUSDT | +0.0057% | 4h | 0.5095 | +0.425% | $6.8M | $14.3M | 50x | as long as short |
| Lighter JTOshort | +0.0096% | 1h | 0.5099 | +0.496% | $114K | $243K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5101 | +0.547% | $6.9M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5098 | +0.490% | $119K | $230K | 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 | 0.5094 | +0.404% | $10.8M | $28.6M | 75x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5090 | +0.327% | $3.7M | $9.8M | 50x | as long as short |
| Bulk JTO-USDlong | +0.0100% | 1h | 0.5073 | long leg | $55K | −$0 | 10x | |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5095 | +0.425% | $6.1M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5096 | +0.441% | $1.5M | $588K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5095 | +0.425% | $2.3M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5094 | +0.405% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5054 | −0.391% | $216K | $229K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5096 | +0.445% | $4K | $918 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5094 | +0.397% | $521K | $2.7M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0147% | 1h | 0.5101 | +0.553% | $243K | $325K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5097 | +0.469% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5080 | +0.129% | $583K | $562K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0464% | 1h | 0.5101 | +0.543% | $58K | $133K | 25x | as long as short |
| Phoenix JTO | +0.0472% | 1h | 0.5066 | −0.146% | $369K | $123K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0844% | 1h | 0.5099 | +0.505% | $323K | $371K | 25x | as long as short |
Bulk JTO-USD
Lighter JTO
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Bybit JTOUSDT
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
OKX JTO-USDT-SWAP
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD