Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: BingX against Lighter−0.068%7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$880.885% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.163%−$16 · spread now −0.068%, 7d avg −0.113%
=Together, before fees−0.150%+ Points / potential airdropLighter: Season 3 · farm board−$15 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: BingX is 0.044% dearer against Lighter than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.113%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter JTO | 0.5120 | 0.0096 | pay 0.0012% / 1h | 11m 41s | $115K | $243K | 10x |
| Short | BingX JTO-USDT | 0.5116 | 0.0100 | get 0.0050% / 4h | 11m 41s | — | $8.6M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $0.84
- Price spread: −0.068% → −0.113%
- $4.43
- Slippage, 4 orders
- −$78.47
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$83.2
- Costs to cover
- 0.885%
- Break-even
- 700.3 days
Slippage from Lighter: live order book, 8 min ago; BingX: live order book, 6 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, 8 min ago | 7.38 bp | 18.3 bp −$18 | 41.8 bp −$418 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 1.97 bp | 14.7 bp −$15 | 46.2 bp −$462 | 271.4 bp −$27.1K | 605.9 bp −$303.0K |
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 | −0.0336% | 1h | 0.5114 | −0.107% | $13K | $30K | 10x | as long as short |
| Gate JTO_USDT | −0.0031% | 8h | 0.5114 | −0.107% | $886K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5118 | −0.024% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.206% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.862% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0042% | 8h | 0.5115 | −0.078% | $490 | $10 | 5x | as long as short |
| Bybit JTOUSDT | +0.0055% | 4h | 0.5117 | −0.049% | $6.8M | $14.3M | 50x | as long as short |
| Lighter JTOlong | +0.0096% | 1h | 0.5120 | long leg | $115K | $243K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5120 | +0.018% | $7.0M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5119 | −0.003% | $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 | 0.5114 | −0.104% | $10.8M | $28.6M | 75x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5116 | −0.068% | $3.8M | $9.9M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5073 | −0.900% | $55K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5114 | −0.107% | $6.1M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5120 | +0.006% | $1.5M | $588K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5113 | −0.127% | $2.3M | $2.3M | 50x | as long as short |
| BingX JTO-USDTshort | +0.0100% | 4h | 0.5116 | −0.068% | — | $8.6M | — | |
| Variational Omni JTO | +0.0100% | 4h | 0.5095 | −0.484% | $218K | $229K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5115 | −0.088% | $4K | $918 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5114 | −0.115% | $524K | $2.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5117 | −0.053% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0230% | 1h | 0.5121 | +0.027% | $244K | $323K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5108 | −0.225% | $582K | $565K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0464% | 1h | 0.5127 | +0.146% | $58K | $134K | 25x | as long as short |
| Phoenix JTO | +0.0472% | 1h | 0.5118 | −0.029% | $373K | $123K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0841% | 1h | 0.5119 | −0.011% | $325K | $371K | 25x | as long as short |
Lighter JTO
BingX JTO-USDT
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
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
Variational Omni JTO
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