Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.020%
Price spread now: Bybit against Lighter−0.021%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$980.982% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 4 days (all we have)−0.224%−$22 · spread now −0.021%, 7d avg −0.078%
=Together, before fees−0.374%+ Points / potential airdropLighter: Season 3 · farm board−$37 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: Bybit is 0.056% dearer against Lighter than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter JTO | 0.5121 | 0.0096 | pay 0.0012% / 1h | 14m 59s | $97K | $175K | 10x |
| Short | Bybit JTOUSDT | 0.5120 | 0.0100 | get 0.0050% / 4h | 1h 14m | $7.3M | $13.8M | 50x |
Lighter JTO
Bybit JTOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.021% → −0.078%
- $5.64
- Slippage, 4 orders
- −$87.16
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$91.68
- Costs to cover
- 0.982%
- Break-even
- 771.0 days
Slippage from Lighter: live order book, 59 min ago; Bybit: live order book, 3 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, 59 min ago | 12.97 bp | 32.1 bp −$32 | 53.6 bp −$536 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.98 bp | 25.8 bp −$26 | 60.9 bp −$609 | doesn't fit | 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 | −0.0727% | 1h | 0.5114 | −0.139% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0173% | 8h | 0.5117 | −0.080% | $921K | $1.5M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0067% | 4h | 0.5115 | −0.119% | $3.9M | $9.9M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0064% | 8h | 0.5111 | −0.188% | $510 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5119 | −0.040% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.168% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.892% | $31 | $43K | 5.5x | as long as short |
| Lighter JTOlong | +0.0096% | 1h | 0.5121 | long leg | $97K | $175K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5124 | +0.064% | $7.2M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5120 | −0.020% | $172K | $176K | 10x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
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 | 0.5115 | −0.119% | $11.4M | $28.1M | 75x | as long as short |
| Bybit JTOUSDTshort | +0.0100% | 4h | 0.5120 | −0.021% | $7.3M | $13.8M | 50x | |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5115 | −0.119% | $7.1M | $3.7M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5123 | +0.037% | $1.6M | $643K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5119 | −0.041% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5115 | −0.119% | — | $63.8M | — | as long as short |
| Backpack JTO_USDC_PERP | +0.0100% | 1h | 0.5121 | +0.004% | $225K | $502K | 10x | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5117 | −0.083% | $180K | $258K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5114 | −0.139% | $4K | $2K | 10x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5124 | +0.057% | $56K | $1K | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5114 | −0.139% | $518K | $854K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5117 | −0.075% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0304% | 1h | 0.5131 | +0.193% | $56K | $124K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5115 | −0.119% | $633K | $571K | 75x | as long as short |
| Phoenix JTO | +0.0463% | 1h | 0.5128 | +0.135% | $369K | $267K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0519% | 1h | 0.5126 | +0.104% | $347K | $313K | 25x | as long as short |
Binance JTOUSDT
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Backpack JTO_USDC_PERP
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Bulk JTO-USD
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD