Funding you earn now, next payment 04:00 UTC−0.0225%/8h= −24.7% APRnext payment −$0.28 per $10,000 · paid last 24h −0.061%
Price spread now: Pacifica against Bulk−0.464%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Pacifica is 0.464% cheaper against Bulk than usual: you would sell low and buy high (−$46 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 | 0.2953 | 0.0100 | pay 0.0013% / 1h | 57m 30s | $61K | $8K | 10x |
| Short | Pacifica JUP | 0.2939 | −0.0125 | pay 0.0016% / 1h | 57m 30s | $280K | $147K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Bulk. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$47.28
- Price spread: −0.464% → 0.000%
- −$46.36
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$108.63
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Bulk: no order-book sample; Pacifica: live order book, 66 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 Pacifica live order book, 66 min ago | 1.70 bp | 8.7 bp −$9 | 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 PERP | −0.4661% | 1h | 0.2921 | −1.084% | $3K | $206K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0275% / S +0.0618% | 1h | 0.2949 | −0.152% | $16K | — | 100x | as long as short |
| Pacifica JUPshort | −0.0125% | 1h | 0.2939 | −0.464% | $280K | $147K | 10x | |
| dYdX JUP-USD | 0.0000% | 1h | 0.2941 | −0.389% | $38K | $26K | 5x | as long as short |
| Deribit JUP_USDC-PERPETUAL | 0.0000% | 1h | 0.2947 | −0.203% | $54K | $16K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0001% / S −0.0001% | 1h | 0.2948 | −0.159% | — | — | 150x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2946 | −0.227% | — | — | 20x | as long as short |
| Kraken Futures PF_JUPUSD | +0.0096% | 1h | 0.2947 | −0.210% | $590K | $488K | 20x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2943 | −0.332% | $779K | $1.0M | 10x | as long as short |
| Paradex JUP-USD-PERP | +0.0099% | 8h | 0.2940 | −0.426% | $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 | 0.2944 | −0.305% | $594K | $501K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2943 | −0.332% | $18.7M | $9.6M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2942 | −0.357% | $114K | $289K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2943 | −0.339% | $16.2M | $42.5M | 75x | as long as short |
| Bybit JUPUSDT | +0.0100% | 4h | 0.2941 | −0.406% | $15.8M | $18.9M | 50x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2944 | −0.305% | $4.0M | $12.2M | 50x | as long as short |
| Bulk JUP-USDlong | +0.0100% | 1h | 0.2953 | long leg | $61K | $8K | 10x | |
| Gate JUP_USDT | +0.0100% | 4h | 0.2940 | −0.440% | $730K | $1.4M | 75x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2940 | −0.440% | $7.3M | $6.4M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2941 | −0.406% | $4.0M | $6.7M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2942 | −0.373% | $5.7M | $5.9M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2940 | −0.440% | — | $20.7M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2945 | −0.278% | $977K | $249K | 10x | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.2948 | −0.173% | $720K | $693K | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2950 | −0.114% | $1.6M | $3.8M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2953 | 0.000% | $157K | $266K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2951 | −0.075% | $93K | $104K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2947 | −0.203% | $31K | $42K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2946 | −0.237% | $111K | $49K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2952 | −0.034% | $2.9M | $3.3M | 50x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2948 | −0.183% | $40K | — | 3x | as long as short |
| 01 Exchange JUPUSD | +0.0144% | 1h | 0.2943 | −0.342% | $26K | $19K | 5x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0208% | 1h | 0.2957 | +0.146% | $74K | $50K | 50x | as long as short |
| Phoenix JUP | +0.0244% | 1h | 0.2957 | +0.135% | $99K | $303K | 10x | as long as short |
| BloFin JUP-USDT | +0.0340% | 4h | 0.2950 | −0.102% | $845K | $384K | 50x | as long as short |
| Extended JUP-USD | +0.0440% | 1h | 0.2940 | −0.455% | $2.2M | $502K | 25x | as long as short |
Bulk JUP-USD
Pacifica JUP
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
Deribit JUP_USDC-PERPETUAL
gTrade (Gains Network) JUP/USD
Kraken Futures PF_JUPUSD
Lighter JUP
Paradex JUP-USD-PERP
Hyperliquid JUP
Aster JUPUSDT
Binance JUPUSDT
Bybit JUPUSDT
OKX JUP-USDT-SWAP
Gate JUP_USDT
MEXC JUP_USDT
KuCoin JUPUSDTM
Bitget JUPUSDT
BingX JUP-USDT
Backpack JUP_USDC_PERP
Variational Omni JUP
GRVT JUP_USDT_Perp
ApeX Omni JUPUSDT
Polymarket Perps JUP-USD
HTX JUP-USDT
Phemex JUPUSDT
01 Exchange JUPUSD
Coinbase International JUP-PERP-INTX
Phoenix JUP
BloFin JUP-USDT
Extended JUP-USD