JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.048%

Price spread now: Deribit against Bulk+0.122%7-day average — · you sell dearer than you buy

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

Long on Bulk Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 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. Deribit is 0.122% dearer against Bulk than usual: you sell high and buy low (spread +0.122% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk JUP-USD	0.2956	0.0100	pay 0.0013% / 1h	10m 41s	$62K	$8K	10x
Short	Deribit JUP_USDC-PERPETUAL	0.2960	0	get 0.0000% / 1h	10m 41s	$54K	$16K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Bulk. 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 BulkbpFee DeribitbpOrdersPrice spread, now +0.122%Rate

Funding earned: −$21
Price spread: +0.122% → 0.000%: $12.18
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$22.82
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Bulk: no order-book sample; Deribit: 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 Bulk no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

Bulk and Deribit: 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 35 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	−0.4347%	1h	0.2917	−1.319%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0353%	1h	0.2956	+0.006%	$282K	$147K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0619%	1h	0.2957	+0.027%	$16K	—	100x	as long as short
Bybit JUPUSDT	−0.0156%	4h	0.2954	−0.061%	$15.8M	$19.7M	50x	as long as short
Kraken Futures PF_JUPUSD	−0.0024%	1h	0.2961	+0.179%	$591K	$506K	20x	as long as short
OKX JUP-USDT-SWAP	−0.0011%	4h	0.2953	−0.101%	$4.1M	$13.4M	50x	as long as short
Deribit JUP_USDC-PERPETUALshort	0.0000%	1h	0.2960	+0.122%	$54K	$16K	10x
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2957	+0.043%	—	—	150x	as long as short
Variational Omni JUP	+0.0026%	4h	0.2953	−0.102%	$721K	$750K	—	as long as short
Gate JUP_USDT	+0.0056%	4h	0.2958	+0.068%	$738K	$1.5M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya JUPRUSDPERP	+0.0057%	1h	0.2954	−0.051%	—	—	20x	as long as short
dYdX JUP-USD	+0.0071%	1h	0.2960	+0.152%	$39K	$28K	5x	as long as short
Paradex JUP-USD-PERP	+0.0093%	8h	0.2955	−0.024%	$9K	$11K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2958	+0.058%	$782K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2955	−0.034%	$597K	$529K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2961	+0.156%	$18.8M	$10.7M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2959	+0.113%	$114K	$317K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2955	−0.040%	$16.3M	$44.9M	75x	as long as short
Bulk JUP-USDlong	+0.0100%	1h	0.2956	long leg	$62K	$8K	10x
MEXC JUP_USDT	+0.0100%	4h	0.2956	0.000%	$7.3M	$7.0M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2959	+0.101%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2957	+0.034%	$5.7M	$6.3M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2957	+0.034%	—	$20.8M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2960	+0.139%	$980K	$236K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2957	+0.034%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2955	−0.034%	$157K	$288K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2959	+0.105%	$93K	$110K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2959	+0.101%	$31K	$43K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2956	0.000%	$112K	$49K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2962	+0.203%	$2.9M	$3.5M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2959	+0.101%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0152%	1h	0.2958	+0.051%	$26K	$19K	5x	as long as short
Phoenix JUP	+0.0188%	1h	0.2962	+0.213%	$97K	$402K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0272%	1h	0.2961	+0.159%	$75K	$51K	50x	as long as short
Extended JUP-USD	+0.0472%	1h	0.2953	−0.101%	$2.2M	$487K	25x	as long as short