Settings8H · net · $10k
Funding arb · Price arb /

JTO

all JTO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: BingX against Lighter−0.134%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$730.731% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 4 days (all we have)−0.534%−$53 · spread now −0.134%, 7d avg −0.112%
Together, before fees−0.520%+ Points / potential airdropLighter: Season 3 · farm board−$52 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: BingX is 0.022% cheaper against Lighter than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.112%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter JTO0.51450.0096pay 0.0012% / 1h7m 37s$118K$228K10x
ShortBingX JTO-USDT0.51380.0100get 0.0050% / 4h1h 07m$68.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.134% → −0.112%
−$2.22
Slippage, 4 orders
−$63.09
Fee Lighter: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$74.48
Costs to cover
0.731%
Break-even
627.6 days
Slippage from Lighter: live order book, 38 min ago; BingX: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 38 min ago7.02 bp20.6 bp −$2144.9 bp −$449doesn't fitdoesn't fit
Sell BingX live order book, 11 min ago1.93 bp16.1 bp −$1639.1 bp −$391238.9 bp −$23.9K579.6 bp −$289.8K

JTO on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit JTO_USDC-PERPETUAL−0.0526%1h0.5149+0.080%$13K$10K10xas long as short
Gate JTO_USDT−0.0373%8h0.5140−0.095%$895K$1.0M75xas long as short
dYdX JTO-USD0.0000%1h0.5139−0.115%$4K$4K5xas long as short
Reya JTORUSDPERP0.0000%1h0.5539+7.669%as long as short
Injective JTO/USDC PERP+0.0033%1h0.4973−3.341%$31$43K5.5xas long as short
Paradex JTO-USD-PERP+0.0083%8h0.5137−0.160%$5135xas long as short
Orderly PERP_JTO_USDC_mythos+0.0094%4h0.5149+0.080%$4K$65210xas long as short
Lighter JTOlong+0.0096%1h0.5145long leg$118K$228K10x
Hyperliquid JTO+0.0100%1h0.5146+0.029%$7.0M$3.2M5xas long as short
Aster JTOUSDT+0.0100%4h0.5147+0.049%$126K$219K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance JTOUSDT+0.0100%4h0.5137−0.154%$11.2M$27.3M75xas long as short
Bybit JTOUSDT+0.0100%4h0.5139−0.115%$7.3M$13.9M50xas long as short
OKX JTO-USDT-SWAP+0.0100%4h0.5135−0.192%$3.9M$9.3M50xas long as short
MEXC JTO_USDT+0.0100%4h0.5137−0.154%$6.6M$3.5M50xas long as short
KuCoin JTOUSDTM+0.0100%4h0.5144−0.008%$1.6M$586K20xas long as short
Bitget JTOUSDT+0.0100%4h0.5142−0.056%$2.4M$2.3M50xas long as short
BingX JTO-USDTshort+0.0100%4h0.5138−0.134%$68.0M
Variational Omni JTO+0.0100%4h0.5155+0.206%$223K$288Kas long as short
Bulk JTO-USD+0.0100%1h0.5172+0.518%$56K$15K10xas long as short
Extended JTO-USD+0.0104%1h0.5141−0.083%$518K$1.7M10xas long as short
Backpack JTO_USDC_PERP+0.0142%1h0.5155+0.204%$267K$322K10xas long as short
GMX JTO/USD [WBTC.b-USDC]L +0.0224% / S −0.2181%1h0.5150+0.107%$2K50xas long as short
Coinbase International JTO-PERP-INTX+0.0336%1h0.5197+1.013%$60K$135K25xas long as short
BloFin JTO-USDT+0.0340%4h0.5152+0.138%$624K$505K75xas long as short
Phoenix JTO+0.0464%1h0.5171+0.507%$382K$110K5xas long as short
Kraken Futures PF_JTOUSD+0.0676%1h0.5153+0.152%$338K$316K25xas long as short