Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: KuCoin against Lighter−0.096%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2022.016% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.388%−$39 · spread now −0.096%, 7d avg −0.042%
=Together, before fees−0.375%+ 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: KuCoin is 0.053% cheaper against Lighter than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter JTO | 0.5119 | 0.0096 | pay 0.0012% / 1h | 3m 05s | $117K | $228K | 10x |
| Short | KuCoin JTOUSDTM | 0.5114 | 0.0100 | get 0.0050% / 4h | 1h 03m | $1.6M | $585K | 20x |
Lighter JTO
KuCoin JTOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.096% → −0.042%
- −$5.34
- Slippage, 4 orders
- −$189.56
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$206.06
- Costs to cover
- 2.016%
- Break-even
- 1724.2 days
Slippage from Lighter: live order book, 42 min ago; KuCoin: 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, 42 min ago | 7.02 bp | 20.6 bp −$21 | 44.9 bp −$449 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 11.73 bp | 55.4 bp −$55 | 539.5 bp −$5,395 | 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 | −0.0406% | 8h | 0.5114 | −0.096% | $891K | $1.0M | 75x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0336% | 1h | 0.5115 | −0.076% | $13K | $10K | 10x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5107 | −0.232% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +8.215% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −2.850% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0084% | 8h | 0.5097 | −0.426% | $509 | — | 5x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5116 | −0.057% | $3K | $652 | 10x | as long as short |
| Lighter JTOlong | +0.0096% | 1h | 0.5119 | long leg | $117K | $228K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5121 | +0.032% | $7.0M | $3.2M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5117 | −0.030% | $125K | $219K | 10x | as long as short |
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Orderly PERP_JTO_USDC_mythos
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 | 0.5112 | −0.135% | $11.2M | $27.3M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5114 | −0.096% | $7.2M | $13.9M | 50x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5109 | −0.193% | $3.8M | $9.3M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5117 | −0.036% | $55K | $17K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5112 | −0.135% | $6.6M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTMshort | +0.0100% | 4h | 0.5114 | −0.096% | $1.6M | $585K | 20x | |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5116 | −0.057% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5114 | −0.096% | — | $68.0M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5121 | +0.031% | $222K | $288K | — | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5114 | −0.100% | $515K | $1.7M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0114% | 1h | 0.5121 | +0.051% | $265K | $321K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5112 | −0.139% | $2K | — | 50x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0336% | 1h | 0.5197 | +1.526% | $60K | $135K | 25x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5117 | −0.037% | $623K | $501K | 75x | as long as short |
| Phoenix JTO | +0.0464% | 1h | 0.5130 | +0.217% | $379K | $110K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0680% | 1h | 0.5121 | +0.051% | $336K | $312K | 25x | as long as short |
Binance JTOUSDT
Bybit JTOUSDT
OKX JTO-USDT-SWAP
Bulk JTO-USD
MEXC JTO_USDT
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
BloFin JTO-USDT
Phoenix JTO
Kraken Futures PF_JTOUSD