Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.022%
Price spread now: Hyperliquid against Lighter+0.074%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$660.656% of the position
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.074%, 7d avg +0.079%
=Together, before fees+0.075%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board+$8 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter JTO | 0.5108 | 0.0096 | pay 0.0012% / 1h | 34m 46s | $114K | $229K | 10x |
| Short | Hyperliquid JTO | 0.5111 | 0.0100 | get 0.0013% / 1h | 34m 46s | $7.0M | $3.0M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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: +0.074% → +0.079%
- −$0.46
- Slippage, 4 orders
- −$56.61
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$65.23
- Costs to cover
- 0.656%
- Break-even
- 550.6 days
Slippage from Lighter: live order book, 60 min ago; Hyperliquid: live order book, 7 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, 60 min ago | 6.89 bp | 19.7 bp −$20 | 55.4 bp −$554 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.66 bp | 16.3 bp −$16 | doesn't fit | 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 | −0.0530% | 1h | 0.5122 | +0.280% | $3K | $20K | 10x | as long as short |
| Gate JTO_USDT | −0.0290% | 8h | 0.5111 | +0.065% | $903K | $1.0M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0021% | 4h | 0.5096 | −0.229% | $3.8M | $9.4M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5102 | −0.108% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.456% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.637% | $31 | $43K | 5.5x | as long as short |
| Bybit JTOUSDT | +0.0035% | 4h | 0.5099 | −0.170% | $6.9M | $14.1M | 50x | as long as short |
| Paradex JTO-USD-PERP | +0.0090% | 8h | 0.5101 | −0.134% | $489 | $10 | 5x | as long as short |
| Lighter JTOlong | +0.0096% | 1h | 0.5108 | long leg | $114K | $229K | 10x | |
| Hyperliquid JTOshort | +0.0100% | 1h | 0.5111 | +0.074% | $7.0M | $3.0M | 5x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5103 | −0.085% | $122K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5096 | −0.225% | $11.1M | $27.9M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5125 | +0.339% | $56K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5099 | −0.170% | $6.0M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5106 | −0.025% | $1.5M | $609K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5106 | −0.033% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5109 | +0.025% | — | $8.8M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5121 | +0.255% | $219K | $242K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5122 | +0.280% | $3K | $652 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5105 | −0.045% | $515K | $2.2M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5124 | +0.321% | $2K | — | 50x | as long as short |
| Backpack JTO_USDC_PERP | +0.0284% | 1h | 0.5124 | +0.325% | $267K | $310K | 10x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5124 | +0.319% | $614K | $532K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5209 | +1.983% | $59K | $136K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5134 | +0.515% | $379K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0483% | 1h | 0.5129 | +0.426% | $331K | $313K | 25x | as long as short |
Lighter JTO
Hyperliquid JTO
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Injective JTO/USDC PERP
Bybit JTOUSDT
Paradex JTO-USD-PERP
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
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