Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter−0.146%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1041.042% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.360%−$36 · spread now −0.146%, 7d avg −0.060%
=Together, before fees−0.374%+ Points / potential airdropLighter: Season 3 · farm board−$37 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: Bitget is 0.085% cheaper against Lighter than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter JTO | 0.5152 | 0.0096 | pay 0.0012% / 1h | 19m 57s | $118K | $226K | 10x |
| Short | Bitget JTOUSDT | 0.5145 | 0.0100 | get 0.0050% / 4h | 19m 57s | $2.4M | $2.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.146% → −0.060%
- −$8.55
- Slippage, 4 orders
- −$92.23
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$111.94
- Costs to cover
- 1.042%
- Break-even
- 939.8 days
Slippage from Lighter: live order book, 20 min ago; Bitget: live order book, 2 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, 20 min ago | 7.70 bp | 26.6 bp −$27 | 47.0 bp −$470 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.91 bp | 19.2 bp −$19 | 56.3 bp −$563 | 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 | −0.0527% | 1h | 0.5146 | −0.126% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0394% | 8h | 0.5145 | −0.146% | $894K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5147 | −0.107% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.511% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.484% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0080% | 8h | 0.5148 | −0.091% | $514 | — | 5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0090% | 4h | 0.5146 | −0.126% | $3.9M | $9.4M | 50x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5147 | −0.107% | $4K | $652 | 10x | as long as short |
| Lighter JTOlong | +0.0096% | 1h | 0.5152 | long leg | $118K | $226K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5152 | −0.008% | $7.0M | $3.0M | 5x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5151 | −0.030% | $126K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5148 | −0.087% | $11.3M | $27.4M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5147 | −0.107% | $7.1M | $14.0M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5151 | −0.029% | $56K | $17K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5146 | −0.126% | $6.3M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5152 | −0.012% | $1.5M | $600K | 20x | as long as short |
| Bitget JTOUSDTshort | +0.0100% | 4h | 0.5145 | −0.146% | $2.4M | $2.3M | 50x | |
| BingX JTO-USDT | +0.0100% | 4h | 0.5146 | −0.126% | — | $68.0M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5140 | −0.242% | $223K | $266K | — | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5146 | −0.133% | $518K | $1.7M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0144% | 1h | 0.5156 | +0.060% | $268K | $315K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5148 | −0.091% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5148 | −0.087% | $621K | $506K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0416% | 1h | 0.5172 | +0.378% | $59K | $137K | 25x | as long as short |
| Phoenix JTO | +0.0469% | 1h | 0.5166 | +0.262% | $381K | $110K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0730% | 1h | 0.5152 | −0.013% | $336K | $311K | 25x | as long as short |
Lighter JTO
Bitget JTOUSDT
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
OKX JTO-USDT-SWAP
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
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