Funding you earn now, next payment 06:00 UTC−0.0015%/8h= −1.6% APRpaid last 24h −0.031%
Price spread now: Paradex against Lighter−0.106%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Paradex is 0.106% cheaper against Lighter than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter JTO | 0.5153 | 0.0096 | pay 0.0012% / 1h | 10m 38s | $116K | $231K | 10x |
| Short | Paradex JTO-USD-PERP | 0.5147 | 0.0081 | get 0.0081% / 8h | 2h 10m | $493 | $10 | 5x |
Lighter JTO
Paradex JTO-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$3.11
- Price spread: −0.106% → 0.000%
- −$10.6
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$17.71
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 20 min ago; Paradex: 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, 20 min ago | 9.30 bp | 26.7 bp −$27 | 47.8 bp −$478 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate JTO_USDT | −0.0218% | 8h | 0.5147 | −0.114% | $905K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5149 | −0.076% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.505% | — | — | — | as long as short |
| Deribit JTO_USDC-PERPETUAL | 0.0000% | 1h | 0.5145 | −0.153% | $3K | $20K | 10x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.491% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0045% | 4h | 0.5146 | −0.134% | $3.8M | $9.6M | 50x | as long as short |
| Paradex JTO-USD-PERPshort | +0.0081% | 8h | 0.5147 | −0.106% | $493 | $10 | 5x | |
| Lighter JTOlong | +0.0096% | 1h | 0.5153 | long leg | $116K | $231K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5156 | +0.068% | $7.0M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5151 | −0.029% | $122K | $220K | 10x | as long as short |
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Deribit JTO_USDC-PERPETUAL
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Hyperliquid JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5150 | −0.049% | $11.2M | $28.1M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5149 | −0.076% | $7.0M | $14.2M | 50x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5148 | −0.095% | $6.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5145 | −0.151% | $1.5M | $611K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5149 | −0.076% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5147 | −0.114% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5144 | −0.171% | $220K | $241K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5144 | −0.173% | $4K | $652 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5140 | −0.246% | $56K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5147 | −0.123% | $518K | $2.2M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0207% | 1h | 0.5154 | +0.017% | $265K | $308K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5145 | −0.157% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5145 | −0.153% | $468K | $545K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5159 | +0.118% | $59K | $135K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5144 | −0.173% | $380K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0480% | 1h | 0.5155 | +0.050% | $344K | $348K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
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