Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Lighter against Bulk−0.034%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 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.034% cheaper against Bulk than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk JTO-USD | 0.5050 | 0.0100 | pay 0.0013% / 1h | 53m 59s | $55K | −$0 | 10x |
| Short | Lighter JTO | 0.5048 | 0.0096 | get 0.0012% / 1h | 53m 59s | $112K | $205K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bulk. 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: −0.034% → 0.000%
- −$3.37
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$11.21
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Bulk: no order-book sample; Lighter: live order book, 51 min ago. 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 Bulk no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 51 min ago | 7.52 bp | 31.7 bp −$32 | 56.3 bp −$563 | doesn't fit | doesn't fit |
Bulk: 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 exchanges
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 | −0.0543% | 1h | 0.5043 | −0.139% | $23K | $40K | 10x | as long as short |
| Kraken Futures PF_JTOUSD | −0.0317% | 1h | 0.5044 | −0.116% | $330K | $402K | 25x | as long as short |
| Bybit JTOUSDT | −0.0165% | 4h | 0.5048 | −0.040% | $6.6M | $13.2M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5050 | −0.006% | $3K | $5K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +9.693% | — | — | — | as long as short |
| Paradex JTO-USD-PERP | +0.0023% | 8h | 0.5043 | −0.143% | $483 | $10 | 5x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −1.525% | $31 | $43K | 5.5x | as long as short |
| Lighter JTOshort | +0.0096% | 1h | 0.5048 | −0.034% | $112K | $205K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5053 | +0.067% | $6.8M | $2.8M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5053 | +0.063% | $116K | $204K | 10x | as long as short |
Show all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5048 | −0.040% | $10.5M | $25.7M | 75x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5044 | −0.119% | $3.7M | $9.1M | 50x | as long as short |
| Gate JTO_USDT | +0.0100% | 8h | 0.5048 | −0.040% | $876K | $852K | 75x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5046 | −0.079% | $6.0M | $3.0M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5047 | −0.059% | $1.4M | $589K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5044 | −0.119% | $2.2M | $2.2M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5048 | −0.040% | — | $8.3M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5043 | −0.134% | $218K | $191K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5044 | −0.119% | $4K | $798 | 10x | as long as short |
| Bulk JTO-USDlong | +0.0100% | 1h | 0.5050 | long leg | $55K | −$0 | 10x | |
| Extended JTO-USD | +0.0104% | 1h | 0.5042 | −0.168% | $519K | $2.7M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0138% | 1h | 0.5050 | +0.004% | $235K | $338K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5047 | −0.064% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5041 | −0.178% | $572K | $520K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5071 | +0.416% | $55K | $122K | 25x | as long as short |
| Phoenix JTO | +0.0469% | 1h | 0.5062 | +0.238% | $358K | $122K | 5x | as long as short |
Bulk JTO-USD
Lighter JTO
Deribit JTO_USDC-PERPETUAL
Kraken Futures PF_JTOUSD
Bybit JTOUSDT
Paradex JTO-USD-PERP
Injective JTO/USDC PERP
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
OKX JTO-USDT-SWAP
Gate JTO_USDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
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