JTO

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.2085%/8h= +228.3% APRnext payment +$2.61 per $10,000 · paid last 24h +0.571%

Price spread now: GMX against Lighter−0.112%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on GMX

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

Funding pays, the price is against you. GMX is 0.112% cheaper against Lighter than usual: you would sell low and buy high (spread −0.112% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 4 hours of funding at the current rate (+$63 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter JTO	0.5101	0.0096	pay 0.0012% / 1h	16m 48s	$114K	$240K	10x
Short	GMX JTO/USD [WBTC.b-USDC]	0.5095	L +0.0224% / S −0.2181%	get 0.0273% / 1h	16m 48s	$2K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Lighter. 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 LighterbpFee GMXbpOrdersPrice spread, now −0.112%Rate

Funding earned: $437.83
Price spread: −0.112% → 0.000%: −$11.19
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $414.63
Costs to cover: 0.120%
Break-even: 0.4 days

Slippage unknown: Lighter: live order book, 8 min ago; GMX: no order-book sample. 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 Lighter live order book, 8 min ago	13.55 bp	30.3 bp −$30	59.7 bp −$597	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	−0.0339%	1h	0.5094	−0.127%	$13K	$30K	10x	as long as short
Gate JTO_USDT	−0.0130%	8h	0.5094	−0.127%	$885K	$1.0M	75x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5096	−0.086%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5540	+8.610%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−2.500%	$31	$43K	5.5x	as long as short
Paradex JTO-USD-PERP	+0.0078%	8h	0.5092	−0.167%	$488	$10	5x	as long as short
Lighter JTOlong	+0.0096%	1h	0.5101	long leg	$114K	$240K	10x
Hyperliquid JTO	+0.0100%	1h	0.5102	+0.029%	$6.9M	$3.1M	5x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5097	−0.068%	$119K	$228K	10x	as long as short
Binance JTOUSDT	+0.0100%	4h	0.5095	−0.108%	$10.8M	$28.8M	75x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit JTOUSDT	+0.0100%	4h	0.5095	−0.108%	$6.8M	$14.3M	50x	as long as short
OKX JTO-USDT-SWAP	+0.0100%	4h	0.5095	−0.108%	$3.8M	$9.8M	50x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5095	−0.108%	$6.0M	$3.5M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5099	−0.022%	$1.5M	$620K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5096	−0.088%	$2.4M	$2.3M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5094	−0.127%	—	$8.6M	—	as long as short
Variational Omni JTO	+0.0100%	4h	0.5090	−0.204%	$218K	$235K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5093	−0.147%	$4K	$918	10x	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5090	−0.206%	$55K	$2K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5093	−0.154%	$511K	$2.2M	10x	as long as short
Backpack JTO_USDC_PERP	+0.0181%	1h	0.5100	−0.016%	$218K	$312K	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]short	L +0.0224% / S −0.2181%	1h	0.5095	−0.112%	$2K	—	50x
BloFin JTO-USDT	+0.0340%	4h	0.5089	−0.225%	$583K	$537K	75x	as long as short
Coinbase International JTO-PERP-INTX	+0.0456%	1h	0.5108	+0.147%	$58K	$139K	25x	as long as short
Phoenix JTO	+0.0467%	1h	0.5105	+0.088%	$377K	$118K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0846%	1h	0.5101	+0.013%	$323K	$374K	25x	as long as short