JTO

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.16 per $10,000 · paid last 24h −0.033%

Price spread now: Lighter against GMX+0.100%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. Lighter is 0.100% dearer against GMX than usual: you sell high and buy low (spread +0.100% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX JTO/USD [WBTC.b-USDC]	0.5162	L +0.0224% / S −0.2181%	pay 0.0028% / 1h	18m 30s	$2K	—	50x
Short	Lighter JTO	0.5167	0.0096	get 0.0012% / 1h	18m 30s	$118K	$227K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against GMX. 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

Position, each leg$Hold fordaysFee GMXbpFee LighterbpOrdersPrice spread, now +0.100%Rate

Funding earned: −$26.86
Price spread: +0.100% → 0.000%: $10.04
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$28.82
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Lighter: live order book, 17 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 GMX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 17 min ago	6.89 bp	15.5 bp −$15	55.8 bp −$558	doesn't fit	doesn't fit

GMX: 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	−0.0525%	1h	0.5159	−0.053%	$13K	$10K	10x	as long as short
Gate JTO_USDT	−0.0351%	8h	0.5163	+0.025%	$898K	$1.0M	75x	as long as short
Bybit JTOUSDT	−0.0195%	4h	0.5162	+0.005%	$7.1M	$14.0M	50x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5163	+0.025%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5540	+7.321%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−3.656%	$31	$43K	5.5x	as long as short
OKX JTO-USDT-SWAP	+0.0038%	4h	0.5159	−0.053%	$3.9M	$9.4M	50x	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0094%	4h	0.5161	−0.014%	$4K	$652	10x	as long as short
Lighter JTOshort	+0.0096%	1h	0.5167	+0.100%	$118K	$227K	10x
Paradex JTO-USD-PERP	+0.0097%	8h	0.5159	−0.058%	$515	—	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid JTO	+0.0100%	1h	0.5171	+0.174%	$7.0M	$3.0M	5x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5163	+0.025%	$123K	$219K	10x	as long as short
Binance JTOUSDT	+0.0100%	4h	0.5159	−0.053%	$11.3M	$27.5M	75x	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5146	−0.301%	$56K	$9K	10x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5158	−0.072%	$6.2M	$3.4M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5166	+0.089%	$1.5M	$603K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5160	−0.033%	$2.4M	$2.3M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5159	−0.053%	—	$27.5M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5169	+0.133%	$224K	$239K	—	as long as short
Extended JTO-USD	+0.0104%	1h	0.5158	−0.081%	$519K	$1.7M	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]long	L +0.0224% / S −0.2181%	1h	0.5162	long leg	$2K	—	50x
Phoenix JTO	+0.0310%	1h	0.5153	−0.169%	$380K	$114K	5x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5159	−0.053%	$618K	$522K	75x	as long as short
Kraken Futures PF_JTOUSD	+0.0378%	1h	0.5164	+0.050%	$333K	$314K	25x	as long as short
Coinbase International JTO-PERP-INTX	+0.0440%	1h	0.5166	+0.083%	$59K	$137K	25x	as long as short
Backpack JTO_USDC_PERP	+0.0667%	1h	0.5168	+0.114%	$266K	$310K	10x	as long as short