Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Binance against Lighter−0.186%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$840.838% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.186%, 7d avg −0.125%
=Together, before fees−0.018%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.062% cheaper against Lighter than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.125%.
| 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 | 28m 40s | $113K | $229K | 10x |
| Short | Binance JTOUSDT | 0.5092 | 0.0100 | get 0.0050% / 4h | 2h 28m | $11.0M | $28.0M | 75x |
Lighter JTO
Binance JTOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: −0.186% → −0.125%
- −$6.16
- Slippage, 4 orders
- −$73.79
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$89.11
- Costs to cover
- 0.838%
- Break-even
- 749.6 days
Slippage from Lighter: live order book, 2 min ago; Binance: live order book, 13 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, 2 min ago | 9.30 bp | 26.7 bp −$27 | 47.8 bp −$478 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.98 bp | 15.9 bp −$16 | 40.0 bp −$400 | 227.4 bp −$22.7K | 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 | −0.0337% | 1h | 0.5106 | +0.092% | $3K | $20K | 10x | as long as short |
| Gate JTO_USDT | −0.0282% | 8h | 0.5095 | −0.123% | $898K | $1.0M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0008% | 4h | 0.5088 | −0.261% | $3.8M | $9.4M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5098 | −0.062% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +8.593% | — | — | — | as long as short |
| Bybit JTOUSDT | +0.0021% | 4h | 0.5094 | −0.143% | $6.9M | $14.1M | 50x | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.515% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0081% | 8h | 0.5092 | −0.179% | $488 | $10 | 5x | as long as short |
| Lighter JTOlong | +0.0096% | 1h | 0.5101 | long leg | $113K | $229K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5109 | +0.149% | $7.0M | $3.0M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Bybit JTOUSDT
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Hyperliquid JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5098 | −0.065% | $121K | $219K | 10x | as long as short |
| Binance JTOUSDTshort | +0.0100% | 4h | 0.5092 | −0.186% | $11.0M | $28.0M | 75x | |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5093 | −0.163% | $6.0M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5098 | −0.074% | $1.5M | $610K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5099 | −0.045% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5094 | −0.143% | — | $8.8M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5079 | −0.433% | $218K | $242K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5105 | +0.073% | $3K | $652 | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5084 | −0.339% | $55K | $2K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5090 | −0.212% | $512K | $2.2M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0119% | 1h | 0.5108 | +0.131% | $265K | $309K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5111 | +0.191% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5097 | −0.084% | $606K | $529K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5111 | +0.190% | $57K | $134K | 25x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5108 | +0.131% | $377K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0484% | 1h | 0.5113 | +0.225% | $328K | $329K | 25x | as long as short |
Aster 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