JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.749%

Price spread now: dYdX against Backpack+0.020%7-day average — · you sell dearer than you buy

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

Long on Backpack Short on dYdX

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 $0 a day on $10k at the current rate, and dYdX is 0.020% dearer against Backpack than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack JUP_USDC_PERP	0.2972	0.0100	pay 0.0013% / 1h	22m 12s	$987K	$247K	10x
Short	dYdX JUP-USD	0.2972	0.0116	get 0.0015% / 1h	22m 12s	$39K	$26K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Backpack. 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 BackpackbpFee dYdXbpOrdersPrice spread, now +0.020%Rate

Funding earned: $3.43
Price spread: +0.020% → 0.000%: $2.04
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$14.53
Costs to cover: 0.200%
Break-even: 36.7 days

Slippage unknown: Backpack: live order book, 42 min ago; dYdX: no order-book sample. 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 Backpack live order book, 42 min ago	1.69 bp	7.8 bp −$8	844.6 bp −$8,446	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	0.2918	−1.810%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0340% / S +0.0664%	1h	0.2975	+0.113%	$16K	—	100x	as long as short
Pacifica JUP	−0.0224%	1h	0.2973	+0.051%	$283K	$147K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2976	+0.145%	$55K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2976	+0.150%	—	—	150x	as long as short
Bybit JUPUSDT	+0.0056%	4h	0.2973	+0.054%	$15.9M	$19.0M	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2974	+0.082%	—	—	20x	as long as short
OKX JUP-USDT-SWAP	+0.0087%	4h	0.2974	+0.074%	$4.1M	$12.4M	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2979	+0.225%	$787K	$1.1M	10x	as long as short
Paradex JUP-USD-PERP	+0.0098%	8h	0.2977	+0.159%	$9K	$11K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado JUP-PERP	+0.0100%	1h	0.2976	+0.158%	$601K	$507K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2979	+0.229%	$18.9M	$9.7M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2976	+0.129%	$115K	$297K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2975	+0.108%	$16.4M	$42.7M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2958	−0.464%	$62K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2976	+0.141%	$743K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2974	+0.074%	$7.4M	$6.6M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2976	+0.141%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2975	+0.108%	$5.8M	$5.9M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2975	+0.108%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERPlong	+0.0100%	1h	0.2972	long leg	$987K	$247K	10x
Variational Omni JUP	+0.0100%	4h	0.2954	−0.603%	$721K	$697K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2955	−0.565%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2960	−0.397%	$157K	$266K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2979	+0.229%	$94K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2976	+0.141%	$31K	$42K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2972	+0.007%	$112K	$47K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2980	+0.276%	$2.9M	$3.3M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2973	+0.038%	$41K	—	3x	as long as short
dYdX JUP-USDshort	+0.0116%	1h	0.2972	+0.020%	$39K	$26K	5x
Kraken Futures PF_JUPUSD	+0.0199%	1h	0.2976	+0.154%	$595K	$488K	20x	as long as short
01 Exchange JUPUSD	+0.0200%	1h	0.2979	+0.229%	$26K	$19K	5x	as long as short
Coinbase International JUP-PERP-INTX	+0.0240%	1h	0.2979	+0.252%	$75K	$50K	50x	as long as short
Phoenix JUP	+0.0244%	1h	0.2961	−0.367%	$97K	$329K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2973	+0.040%	$850K	$382K	50x	as long as short
Extended JUP-USD	+0.0392%	1h	0.2974	+0.073%	$2.2M	$495K	25x	as long as short