JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.03 per $10,000 · paid last 24h −0.013%

Price spread now: Backpack against Aevo+0.047%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Backpack is 0.047% dearer against Aevo than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo JUP-PERP	0.2960	0.0104	pay 0.0013% / 1h	3m 00s	$40K	—	3x
Short	Backpack JUP_USDC_PERP	0.2961	0.0082	get 0.0010% / 1h	3m 00s	$980K	$254K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Aevo. 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 AevobpFee BackpackbpOrdersPrice spread, now +0.047%Rate

Funding earned: −$4.62
Price spread: +0.047% → 0.000%: $4.73
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$25.89
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Backpack: live order book, 16 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 Aevo no order-book sample	—	—	—	—	—
Sell Backpack live order book, 16 min ago	0.84 bp	7.9 bp −$8	doesn't fit	doesn't fit	doesn't fit

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

JUP on 36 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
Injective JUP/USDC PERP	−0.3508%	1h	0.2923	−1.250%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0398% / S +0.0663%	1h	0.2960	−0.006%	$15K	—	100x	as long as short
Pacifica JUP	−0.0335%	1h	0.2964	+0.129%	$282K	$169K	10x	as long as short
Kraken Futures PF_JUPUSD	−0.0175%	1h	0.2963	+0.101%	$601K	$618K	20x	as long as short
01 Exchange JUPUSD	−0.0016%	1h	0.2963	+0.098%	$26K	$19K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2960	0.000%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2961	+0.038%	$17K	—	150x	as long as short
Gate JUP_USDT	+0.0016%	4h	0.2960	0.000%	$746K	$1.9M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2957	−0.106%	—	—	20x	as long as short
Bybit JUPUSDT	+0.0065%	4h	0.2960	+0.010%	$16.2M	$23.1M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex JUP-USD-PERP	+0.0077%	8h	0.2963	+0.095%	$9K	$13K	10x	as long as short
Backpack JUP_USDC_PERPshort	+0.0082%	1h	0.2961	+0.047%	$980K	$254K	10x
BloFin JUP-USDT	+0.0088%	4h	0.2958	−0.068%	$842K	$327K	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2965	+0.159%	$795K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2957	−0.084%	$612K	$669K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2966	+0.193%	$19.1M	$13.3M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2964	+0.121%	$107K	$359K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2961	+0.017%	$16.3M	$54.1M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2960	0.000%	$4.0M	$16.5M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2953	−0.236%	$57K	$2K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2961	+0.034%	$8.1M	$8.1M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2964	+0.135%	$4.3M	$7.0M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2960	0.000%	$5.7M	$8.1M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2962	+0.068%	—	$20.9M	—	as long as short
Variational Omni JUP	+0.0100%	4h	0.2956	−0.132%	$714K	$1.0M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2962	+0.058%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2958	−0.068%	$157K	$320K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2964	+0.149%	$93K	$130K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2961	+0.034%	$31K	$49K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2958	−0.068%	$111K	$67K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2968	+0.270%	$2.9M	$4.0M	50x	as long as short
Aevo JUP-PERPlong	+0.0104%	1h	0.2960	long leg	$40K	—	3x
dYdX JUP-USD	+0.0121%	1h	0.2965	+0.155%	$39K	$35K	5x	as long as short
Phoenix JUP	+0.0190%	1h	0.2962	+0.051%	$95K	$441K	10x	as long as short
Extended JUP-USD	+0.0200%	1h	0.2959	−0.019%	$2.2M	$505K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0264%	1h	0.2964	+0.135%	$74K	$94K	50x	as long as short