JTO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0360%/8h= +39.4% APRnext payment +$0.45 per $10,000 · paid last 24h +0.077%

Price spread now: Coinbase International against Lighter−0.061%7-day average +0.278% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.413%+$41 on $10k

Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.061%, 7d avg +0.278%

Together, before fees+0.592%+ Points / potential airdropLighter: Season 3 · farm board+$59 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.339% cheaper against Lighter than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.278%). If the spread goes back, that is −$34 on $10k: about 3.1 days of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter JTO	0.5097	0.0096	pay 0.0012% / 1h	50m 01s	$114K	$240K	10x
Short	Coinbase International JTO-PERP-INTX	0.5094	0.0456	get 0.0057% / 1h	50m 01s	$58K	$135K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee LighterbpFee Coinbase InternationalbpOrdersPrice spread, now −0.061%Rate

Funding earned: $75.6
Price spread: −0.061% → +0.278%: −$33.93
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $31.67
Costs to cover: 0.100%
Break-even: 4.1 days

Slippage unknown: Lighter: live order book, 40 min ago; Coinbase International: live order book, 58 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 Lighter live order book, 40 min ago	9.30 bp	26.7 bp −$27	47.8 bp −$478	doesn't fit	doesn't fit
Sell Coinbase International live order book, 58 min ago	18.39 bp	23.4 bp −$23	doesn't fit	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
Gate JTO_USDT	−0.0167%	8h	0.5090	−0.139%	$896K	$1.0M	75x	as long as short
Deribit JTO_USDC-PERPETUAL	−0.0143%	1h	0.5091	−0.120%	$13K	$30K	10x	as long as short
dYdX JTO-USD	0.0000%	1h	0.5078	−0.372%	$4K	$4K	5x	as long as short
Reya JTORUSDPERP	0.0000%	1h	0.5540	+8.681%	—	—	—	as long as short
Injective JTO/USDC PERP	+0.0033%	1h	0.4973	−2.435%	$31	$43K	5.5x	as long as short
Paradex JTO-USD-PERP	+0.0087%	8h	0.5082	−0.290%	$487	$10	5x	as long as short
OKX JTO-USDT-SWAP	+0.0093%	4h	0.5082	−0.296%	$3.8M	$9.7M	50x	as long as short
Lighter JTOlong	+0.0096%	1h	0.5097	long leg	$114K	$240K	10x
Hyperliquid JTO	+0.0100%	1h	0.5097	−0.008%	$6.9M	$3.1M	5x	as long as short
Aster JTOUSDT	+0.0100%	4h	0.5090	−0.137%	$119K	$228K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance JTOUSDT	+0.0100%	4h	0.5087	−0.191%	$10.9M	$28.7M	75x	as long as short
Bybit JTOUSDT	+0.0100%	4h	0.5085	−0.237%	$6.8M	$14.3M	50x	as long as short
MEXC JTO_USDT	+0.0100%	4h	0.5089	−0.159%	$5.9M	$3.5M	50x	as long as short
KuCoin JTOUSDTM	+0.0100%	4h	0.5092	−0.104%	$1.5M	$615K	20x	as long as short
Bitget JTOUSDT	+0.0100%	4h	0.5093	−0.080%	$2.4M	$2.3M	50x	as long as short
BingX JTO-USDT	+0.0100%	4h	0.5089	−0.159%	—	$8.6M	—	as long as short
Backpack JTO_USDC_PERP	+0.0100%	1h	0.5097	+0.006%	$263K	$301K	10x	as long as short
Variational Omni JTO	+0.0100%	4h	0.5068	−0.578%	$217K	$241K	—	as long as short
Orderly PERP_JTO_USDC_mythos	+0.0100%	4h	0.5088	−0.179%	$4K	$918	10x	as long as short
Bulk JTO-USD	+0.0100%	1h	0.5081	−0.324%	$55K	$2K	10x	as long as short
Extended JTO-USD	+0.0104%	1h	0.5088	−0.175%	$512K	$2.2M	10x	as long as short
GMX JTO/USD [WBTC.b-USDC]	L +0.0224% / S −0.2181%	1h	0.5091	−0.125%	$2K	—	50x	as long as short
BloFin JTO-USDT	+0.0340%	4h	0.5070	−0.532%	$606K	$544K	75x	as long as short
Coinbase International JTO-PERP-INTXshort	+0.0456%	1h	0.5094	−0.061%	$58K	$135K	25x
Phoenix JTO	+0.0467%	1h	0.5089	−0.159%	$376K	$118K	5x	as long as short
Kraken Futures PF_JTOUSD	+0.0845%	1h	0.5103	+0.114%	$342K	$353K	25x	as long as short