Funding you earn now, next payment 03:00 UTC+0.0360%/8h= +39.4% APRnext payment +$0.45 per $10,000 · paid last 24h +0.110%
Price spread now: Extended against Deribit−0.148%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.977%+$98 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Extended is 0.148% cheaper against Deribit than usual: you would sell low and buy high (spread −0.148% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 33 hours of funding at the current rate (+$11 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit JUP_USDC-PERPETUAL | 0.2939 | 0 | get 0.0000% / 1h | 44m 25s | $54K | $16K | 10x |
| Short | Extended JUP-USD | 0.2935 | 0.0360 | get 0.0045% / 1h | 44m 25s | $2.2M | $491K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Deribit. 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
- $75.6
- Price spread: −0.148% → 0.000%
- −$14.82
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $48.78
- Costs to cover
- 0.120%
- Break-even
- 2.5 days
Slippage unknown: Deribit: no order-book sample; Extended: live order book, 4 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 4 min ago | 6.80 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
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 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 | −0.5000% | 1h | 0.2904 | −1.194% | $3K | $206K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0340% / S +0.0664% | 1h | 0.2936 | −0.098% | $16K | — | 100x | as long as short |
| Pacifica JUP | −0.0224% | 1h | 0.2939 | −0.013% | $280K | $147K | 10x | as long as short |
| Backpack JUP_USDC_PERP | −0.0070% | 1h | 0.2941 | +0.051% | $976K | $231K | 10x | as long as short |
| Bybit JUPUSDT | −0.0036% | 4h | 0.2933 | −0.191% | $15.7M | $19.3M | 50x | as long as short |
| Deribit JUP_USDC-PERPETUALlong | 0.0000% | 1h | 0.2939 | long leg | $54K | $16K | 10x | |
| gTrade (Gains Network) JUP/USD | L +0.0001% / S −0.0001% | 1h | 0.2936 | −0.097% | — | — | 150x | as long as short |
| OKX JUP-USDT-SWAP | +0.0018% | 4h | 0.2937 | −0.071% | $4.0M | $12.5M | 50x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2936 | −0.105% | — | — | 20x | as long as short |
| dYdX JUP-USD | +0.0064% | 1h | 0.2940 | +0.047% | $38K | $27K | 5x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni JUP | +0.0076% | 4h | 0.2933 | −0.191% | $715K | $698K | — | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2941 | +0.071% | $778K | $1.1M | 10x | as long as short |
| Paradex JUP-USD-PERP | +0.0096% | 8h | 0.2938 | −0.043% | $9K | $11K | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2936 | −0.097% | $594K | $511K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2939 | 0.000% | $18.7M | $10.1M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2938 | −0.052% | $113K | $299K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2936 | −0.105% | $16.2M | $43.5M | 75x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2939 | −0.016% | $61K | $8K | 10x | as long as short |
| Gate JUP_USDT | +0.0100% | 4h | 0.2935 | −0.139% | $733K | $1.4M | 75x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2935 | −0.139% | $7.4M | $6.5M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2937 | −0.071% | $4.0M | $6.7M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2938 | −0.037% | $5.7M | $6.1M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2936 | −0.105% | — | $20.8M | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2934 | −0.173% | $1.6M | $3.7M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2936 | −0.105% | $156K | $275K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2940 | +0.024% | $93K | $107K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2938 | −0.037% | $31K | $42K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2933 | −0.208% | $111K | $47K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2941 | +0.065% | $2.9M | $3.4M | 50x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2938 | −0.034% | $40K | — | 3x | as long as short |
| 01 Exchange JUPUSD | +0.0168% | 1h | 0.2936 | −0.099% | $26K | $19K | 5x | as long as short |
| Kraken Futures PF_JUPUSD | +0.0201% | 1h | 0.2940 | +0.014% | $587K | $496K | 20x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0240% | 1h | 0.2934 | −0.170% | $74K | $49K | 50x | as long as short |
| Phoenix JUP | +0.0244% | 1h | 0.2937 | −0.078% | $97K | $329K | 10x | as long as short |
| BloFin JUP-USDT | +0.0340% | 4h | 0.2936 | −0.105% | $840K | $370K | 50x | as long as short |
| Extended JUP-USDshort | +0.0360% | 1h | 0.2935 | −0.148% | $2.2M | $491K | 25x |
Deribit JUP_USDC-PERPETUAL
Extended JUP-USD
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
Pacifica JUP
Backpack JUP_USDC_PERP
Bybit JUPUSDT
gTrade (Gains Network) JUP/USD
OKX JUP-USDT-SWAP
Variational Omni JUP
Lighter JUP
Paradex JUP-USD-PERP
Hyperliquid JUP
Aster JUPUSDT
Binance JUPUSDT
Bulk JUP-USD
Gate JUP_USDT
MEXC JUP_USDT
KuCoin JUPUSDTM
Bitget JUPUSDT
BingX JUP-USDT
GRVT JUP_USDT_Perp
ApeX Omni JUPUSDT
Polymarket Perps JUP-USD
HTX JUP-USDT
Phemex JUPUSDT
01 Exchange JUPUSD
Kraken Futures PF_JUPUSD
Coinbase International JUP-PERP-INTX
Phoenix JUP
BloFin JUP-USDT