JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.3608%/8h= −395.1% APRnext payment −$4.51 per $10,000 · paid last 24h −0.432%

Price spread now: Injective against Bulk−1.083%7-day average — · you buy dearer than you sell

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

Long on Bulk Short on Injective

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

Both sides work against this trade now: funding costs −$108 a day on $10k at the current rate, and Injective is 1.083% cheaper against Bulk than usual: you would sell low and buy high (−$108 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk JUP-USD	0.2954	0.0100	pay 0.0013% / 1h	56m 06s	$57K	$3K	10x
Short	Injective JUP/USDC PERP	0.2922	−0.3508	pay 0.0439% / 1h	56m 06s	$3K	$206K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −1.083%Rate

Funding earned: −$757.69
Price spread: −1.083% → 0.000%: −$108.33
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$873.04
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Bulk: no order-book sample; Injective: live order book, 28 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 Bulk no order-book sample	—	—	—	—	—
Sell Injective live order book, 28 min ago	70.66 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Bulk: 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 PERPshort	−0.3508%	1h	0.2922	−1.083%	$3K	$206K	5.5x
GMX JUP/USD [WBTC.b-USDC]	L −0.0966% / S +0.0357%	1h	0.2961	+0.233%	$13K	—	100x	as long as short
Pacifica JUP	−0.0335%	1h	0.2958	+0.130%	$282K	$177K	10x	as long as short
01 Exchange JUPUSD	−0.0240%	1h	0.2961	+0.223%	$26K	$19K	5x	as long as short
Kraken Futures PF_JUPUSD	−0.0176%	1h	0.2960	+0.207%	$600K	$623K	20x	as long as short
Bybit JUPUSDT	−0.0121%	4h	0.2956	+0.068%	$16.2M	$23.9M	50x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0088%	1h	0.2961	+0.227%	$56K	$14K	10x	as long as short
Gate JUP_USDT	−0.0044%	4h	0.2954	0.000%	$735K	$1.9M	75x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2959	+0.159%	$39K	$35K	5x	as long as short
Phoenix JUP	0.0000%	1h	0.2956	+0.071%	$95K	$441K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2961	+0.222%	$17K	—	150x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2958	+0.137%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0068%	8h	0.2958	+0.148%	$9K	$15K	10x	as long as short
Variational Omni JUP	+0.0076%	4h	0.2952	−0.054%	$722K	$1.1M	—	as long as short
Lighter JUP	+0.0096%	1h	0.2961	+0.227%	$816K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2958	+0.127%	$612K	$677K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2964	+0.322%	$19.0M	$14.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2958	+0.146%	$106K	$367K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2960	+0.187%	$16.3M	$56.0M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2959	+0.169%	$4.1M	$16.6M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2959	+0.169%	$8.0M	$7.9M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2959	+0.169%	$4.5M	$7.2M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2958	+0.135%	$5.6M	$8.5M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2958	+0.135%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2961	+0.227%	$980K	$263K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2956	+0.082%	$1.6M	$4.1M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2956	+0.068%	$157K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2963	+0.301%	$93K	$139K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2960	+0.203%	$31K	$51K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2952	−0.068%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2961	+0.237%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USDlong	+0.0100%	1h	0.2954	long leg	$57K	$3K	10x
Extended JUP-USD	+0.0104%	1h	0.2958	+0.137%	$2.2M	$540K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2958	+0.148%	$40K	—	3x	as long as short
BloFin JUP-USDT	+0.0104%	4h	0.2953	−0.034%	$855K	$331K	50x	as long as short
Coinbase International JUP-PERP-INTX	+0.0264%	1h	0.2989	+1.202%	$74K	$94K	50x	as long as short