JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0440%/8h= −48.2% APRnext payment −$0.55 per $10,000 · paid last 24h +0.027%

Price spread now: Kraken Futures against Coinbase International−1.131%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.496%+$50 on $10k

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 −$13 a day on $10k at the current rate, and Kraken Futures is 1.131% cheaper against Coinbase International than usual: you would sell low and buy high (−$113 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.496%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International JUP-PERP-INTX	0.2989	0.0264	pay 0.0033% / 1h	52m 30s	$74K	$94K	50x
Short	Kraken Futures PF_JUPUSD	0.2956	−0.0176	pay 0.0022% / 1h	52m 30s	$599K	$623K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Coinbase International. 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 Coinbase InternationalbpFee Kraken FuturesbpOrdersPrice spread, now −1.131%Rate

Funding earned: −$92.38
Price spread: −1.131% → 0.000%: −$113.14
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$225.53
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Coinbase International: no order-book sample; Kraken Futures: live order book, 31 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 Coinbase International no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 31 min ago	20.13 bp	27.1 bp −$27	230.5 bp −$2,305	doesn't fit	doesn't fit

Coinbase International: 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	−0.3508%	1h	0.2922	−2.258%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0979% / S +0.0361%	1h	0.2956	−1.119%	$13K	—	100x	as long as short
Pacifica JUP	−0.0335%	1h	0.2954	−1.183%	$281K	$177K	10x	as long as short
Kraken Futures PF_JUPUSDshort	−0.0176%	1h	0.2956	−1.131%	$599K	$623K	20x
Deribit JUP_USDC-PERPETUAL	−0.0156%	1h	0.2956	−1.131%	$56K	$14K	10x	as long as short
01 Exchange JUPUSD	−0.0072%	1h	0.2954	−1.177%	$26K	$19K	5x	as long as short
Bybit JUPUSDT	−0.0055%	4h	0.2952	−1.254%	$16.2M	$23.9M	50x	as long as short
Gate JUP_USDT	−0.0024%	4h	0.2954	−1.187%	$735K	$1.9M	75x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2958	−1.069%	$17K	—	150x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2953	−1.211%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex JUP-USD-PERP	+0.0067%	8h	0.2954	−1.184%	$9K	$15K	10x	as long as short
Variational Omni JUP	+0.0074%	4h	0.2956	−1.112%	$721K	$1.1M	—	as long as short
Lighter JUP	+0.0096%	1h	0.2957	−1.094%	$809K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2953	−1.221%	$611K	$675K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2958	−1.067%	$18.9M	$13.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2957	−1.102%	$106K	$367K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2955	−1.154%	$16.3M	$56.0M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2954	−1.187%	$4.1M	$16.6M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2952	−1.254%	$8.0M	$7.9M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2955	−1.154%	$4.5M	$7.2M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2953	−1.221%	$5.6M	$8.5M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2953	−1.221%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2955	−1.144%	$978K	$263K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2967	−0.767%	$1.6M	$4.1M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2966	−0.786%	$158K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2960	−0.973%	$93K	$139K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2958	−1.054%	$31K	$51K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2952	−1.254%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2960	−0.987%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2954	−1.187%	$57K	$3K	10x	as long as short
dYdX JUP-USD	+0.0101%	1h	0.2957	−1.097%	$39K	$35K	5x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2953	−1.228%	$2.2M	$540K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2954	−1.179%	$40K	—	3x	as long as short
BloFin JUP-USDT	+0.0133%	4h	0.2955	−1.154%	$850K	$331K	50x	as long as short
Phoenix JUP	+0.0190%	1h	0.2956	−1.117%	$95K	$441K	10x	as long as short
Coinbase International JUP-PERP-INTXlong	+0.0264%	1h	0.2989	long leg	$74K	$94K	50x