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: Bulk against Deribit−0.372%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Bulk

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

Funding pays, the price is against you. Bulk is 0.372% cheaper against Deribit than usual: you would sell low and buy high (spread −0.372% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$37 on $10k: about 12 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit JUP_USDC-PERPETUAL	0.2947	0	get 0.0000% / 1h	33m 17s	$54K	$16K	10x
Short	Bulk JUP-USD	0.2936	0.0100	get 0.0013% / 1h	33m 17s	$61K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against Deribit. 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 DeribitbpFee BulkbpOrdersPrice spread, now −0.372%Rate

Funding earned: $21
Price spread: −0.372% → 0.000%: −$37.24
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$30.24
Costs to cover: 0.140%
Break-even: 17.1 days

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

Deribit and 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 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	0.2901	−1.564%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0353%	1h	0.2948	+0.023%	$281K	$149K	10x	as long as short
Bybit JUPUSDT	−0.0309%	4h	0.2945	−0.061%	$15.8M	$20.4M	50x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0619%	1h	0.2946	−0.021%	$16K	—	100x	as long as short
OKX JUP-USDT-SWAP	−0.0077%	4h	0.2945	−0.071%	$4.0M	$14.6M	50x	as long as short
Gate JUP_USDT	−0.0028%	4h	0.2947	−0.003%	$727K	$1.5M	75x	as long as short
Kraken Futures PF_JUPUSD	−0.0024%	1h	0.2948	+0.014%	$590K	$526K	20x	as long as short
Variational Omni JUP	−0.0015%	4h	0.2943	−0.155%	$718K	$766K	—	as long as short
Deribit JUP_USDC-PERPETUALlong	0.0000%	1h	0.2947	long leg	$54K	$16K	10x
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2947	+0.004%	—	—	150x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX JUP-USD	+0.0020%	1h	0.2952	+0.150%	$39K	$29K	5x	as long as short
01 Exchange JUPUSD	+0.0056%	1h	0.2948	+0.037%	$26K	$19K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2946	−0.053%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0088%	8h	0.2948	+0.022%	$9K	$11K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2950	+0.085%	$780K	$1.3M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2948	+0.031%	$31K	$43K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2946	−0.037%	$599K	$605K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2950	+0.088%	$18.8M	$11.1M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2947	+0.007%	$114K	$323K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2947	−0.020%	$16.3M	$46.9M	75x	as long as short
Bulk JUP-USDshort	+0.0100%	1h	0.2936	−0.372%	$61K	$8K	10x
MEXC JUP_USDT	+0.0100%	4h	0.2946	−0.037%	$7.4M	$7.0M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2948	+0.031%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2947	−0.003%	$5.7M	$6.6M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2948	+0.031%	—	$20.8M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2952	+0.149%	$977K	$236K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2950	+0.095%	$1.6M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2948	+0.031%	$157K	$302K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2950	+0.092%	$93K	$110K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2942	−0.173%	$111K	$55K	20x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2944	−0.088%	$40K	—	3x	as long as short
Phoenix JUP	+0.0188%	1h	0.2937	−0.360%	$97K	$402K	10x	as long as short
Extended JUP-USD	+0.0256%	1h	0.2945	−0.055%	$2.2M	$486K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0272%	1h	0.2949	+0.078%	$74K	$53K	50x	as long as short
Phemex JUPUSDT	+0.0323%	4h	0.2951	+0.132%	$2.9M	$3.6M	50x	as long as short