Funding you earn now, next payment 05:00 UTC+0.0426%/8h= +46.6% APRnext payment +$0.53 per $10,000 · paid last 24h +0.153%
Price spread now: Lighter against Deribit+0.157%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Lighter is 0.157% dearer against Deribit than usual: you sell high and buy low: +$16 more if the spread 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 | Deribit JTO_USDC-PERPETUAL | 0.5170 | −0.0330 | get 0.0041% / 1h | 20m 45s | $13K | $10K | 10x |
| Short | Lighter JTO | 0.5178 | 0.0096 | get 0.0012% / 1h | 20m 45s | $118K | $227K | 10x |
Deribit JTO_USDC-PERPETUAL
Lighter JTOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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
- $89.45
- Price spread: +0.157% → 0.000%
- $15.67
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $98.11
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 14 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 14 min ago | 6.89 bp | 15.5 bp −$15 | 55.8 bp −$558 | doesn't fit | doesn't fit |
Deribit: 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 | −0.0362% | 8h | 0.5166 | −0.077% | $897K | $1.0M | 75x | as long as short |
| Deribit JTO_USDC-PERPETUALlong | −0.0330% | 1h | 0.5170 | long leg | $13K | $10K | 10x | |
| Bybit JTOUSDT | −0.0284% | 4h | 0.5171 | +0.019% | $7.1M | $14.0M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5163 | −0.135% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.148% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.810% | $31 | $43K | 5.5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0055% | 4h | 0.5167 | −0.058% | $3.9M | $9.4M | 50x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5171 | +0.019% | $4K | $652 | 10x | as long as short |
| Lighter JTOshort | +0.0096% | 1h | 0.5178 | +0.157% | $118K | $227K | 10x | |
| Paradex JTO-USD-PERP | +0.0098% | 8h | 0.5162 | −0.153% | $515 | — | 5x | as long as short |
Gate JTO_USDT
Bybit JTOUSDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
OKX JTO-USDT-SWAP
Orderly PERP_JTO_USDC_mythos
Paradex JTO-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid JTO | +0.0100% | 1h | 0.5181 | +0.215% | $7.1M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5171 | +0.027% | $123K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5169 | −0.022% | $11.3M | $27.5M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5146 | −0.461% | $56K | $9K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5168 | −0.039% | $6.2M | $3.4M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5176 | +0.116% | $1.5M | $603K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5171 | +0.019% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5169 | −0.019% | — | $27.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5169 | −0.027% | $224K | $239K | — | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5168 | −0.045% | $519K | $1.7M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5171 | +0.019% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0310% | 1h | 0.5153 | −0.329% | $380K | $114K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5169 | −0.019% | $619K | $523K | 75x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0378% | 1h | 0.5173 | +0.060% | $335K | $312K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5174 | +0.077% | $59K | $137K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.0658% | 1h | 0.5179 | +0.172% | $266K | $310K | 10x | as long as short |
Hyperliquid JTO
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]
Phoenix JTO
BloFin JTO-USDT
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP