JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.18 per $10,000 · paid last 24h +0.011%

Price spread now: Phoenix against Aevo+0.128%66s7-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 Phoenix

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

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.128% dearer against Aevo than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo JUP-PERP	0.2934	0.0104	pay 0.0013% / 1h	8m 07s	$40K	—	3x
Short	Phoenix JUP	0.2938	0.0244	get 0.0031% / 1h	8m 07s	$98K	$285K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now +0.128%Rate

Funding earned: $29.4
Price spread: +0.128% → 0.000%: $12.78
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $19.18
Costs to cover: 0.230%
Break-even: 2.4 days

Slippage unknown: Aevo: no order-book sample; Phoenix: live order book, 33 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 Phoenix live order book, 33 min ago	2.56 bp	14.2 bp −$14	29.6 bp −$296	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	−0.5000%	1h	0.2906	−0.966%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2935	+0.034%	$16K	—	100x	as long as short
Pacifica JUP	−0.0041%	1h	0.2935	+0.016%	$280K	$138K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2935	+0.031%	—	—	150x	as long as short
Deribit JUP_USDC-PERPETUAL	+0.0023%	1h	0.2936	+0.063%	$53K	$17K	10x	as long as short
dYdX JUP-USD	+0.0035%	1h	0.2935	+0.036%	$39K	$16K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2935	+0.022%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2938	+0.114%	$760K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0100%	8h	0.2934	+0.001%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2935	+0.014%	$572K	$490K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid JUP	+0.0100%	1h	0.2937	+0.080%	$18.1M	$8.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2935	+0.035%	$106K	$280K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2935	+0.022%	$16.1M	$39.0M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2933	−0.046%	$15.9M	$17.4M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2935	+0.022%	$4.1M	$10.4M	50x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2936	+0.056%	$701K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2935	+0.022%	$6.7M	$5.7M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2936	+0.056%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2936	+0.056%	$5.8M	$5.0M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2935	+0.022%	—	$20.5M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2935	+0.036%	$971K	$227K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2931	−0.116%	$710K	$531K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2936	+0.061%	$1.6M	$4.1M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2934	−0.012%	$162K	$254K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2936	+0.070%	$92K	$105K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2936	+0.056%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2929	−0.182%	$110K	$43K	20x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2934	+0.005%	$61K	$2K	10x	as long as short
Aevo JUP-PERPlong	+0.0104%	1h	0.2934	long leg	$40K	—	3x
01 Exchange JUPUSD	+0.0208%	1h	0.2936	+0.060%	$26K	$6K	5x	as long as short
Phoenix JUPshort	+0.0244%	1h	0.2938	+0.128%	$98K	$285K	10x
Coinbase International JUP-PERP-INTX	+0.0304%	1h	0.2940	+0.210%	$74K	$48K	50x	as long as short
Extended JUP-USD	+0.0320%	1h	0.2935	+0.011%	$2.2M	$572K	25x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2938	+0.124%	$823K	$374K	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0375%	1h	0.2937	+0.096%	$579K	$418K	20x	as long as short
Phemex JUPUSDT	+0.0497%	4h	0.2940	+0.193%	$2.9M	$3.0M	50x	as long as short