Funding you earn now, next payment 23:00 UTC−0.0372%/8h= −40.8% APRnext payment −$0.47 per $10,000 · paid last 24h −0.015%
Price spread now: GMX against Deribit+0.010%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit JUP_USDC-PERPETUAL | 0.2958 | 0 | get 0.0000% / 1h | 40m 06s | $56K | $14K | 10x |
| Short | GMX JUP/USD [WBTC.b-USDC] | 0.2959 | L −0.0538% / S +0.0372% | pay 0.0047% / 1h | 40m 06s | $15K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$78.18
- Price spread: +0.010% → 0.000%
- $1.05
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$96.14
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; GMX: 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 GMX no order-book sample | — | — | — | — | — |
Deribit and GMX: 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 | 0.2918 | −1.359% | $3K | $206K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC]short | L −0.0538% / S +0.0372% | 1h | 0.2959 | +0.010% | $15K | — | 100x | |
| Pacifica JUP | −0.0335% | 1h | 0.2957 | −0.046% | $282K | $173K | 10x | as long as short |
| Kraken Futures PF_JUPUSD | −0.0176% | 1h | 0.2959 | +0.010% | $600K | $619K | 20x | as long as short |
| 01 Exchange JUPUSD | −0.0088% | 1h | 0.2958 | −0.007% | $26K | $19K | 5x | as long as short |
| Deribit JUP_USDC-PERPETUALlong | 0.0000% | 1h | 0.2958 | long leg | $56K | $14K | 10x | |
| gTrade (Gains Network) JUP/USD | L +0.0002% / S −0.0001% | 1h | 0.2958 | −0.008% | $17K | — | 150x | as long as short |
| Gate JUP_USDT | +0.0012% | 4h | 0.2958 | −0.007% | $737K | $1.9M | 75x | as long as short |
| Bybit JUPUSDT | +0.0048% | 4h | 0.2955 | −0.108% | $16.2M | $23.8M | 50x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2956 | −0.080% | — | — | 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 | 0.2957 | −0.053% | $9K | $15K | 10x | as long as short |
| dYdX JUP-USD | +0.0075% | 1h | 0.2958 | −0.019% | $39K | $35K | 5x | as long as short |
| BloFin JUP-USDT | +0.0092% | 4h | 0.2956 | −0.074% | $849K | $329K | 50x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2959 | +0.041% | $793K | $1.3M | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2956 | −0.066% | $613K | $673K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2962 | +0.133% | $19.0M | $14.0M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2958 | +0.007% | $106K | $367K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2958 | −0.007% | $16.3M | $56.0M | 75x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2957 | −0.041% | $4.1M | $16.6M | 50x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2957 | −0.041% | $7.9M | $8.0M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2960 | +0.061% | $4.3M | $7.2M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2957 | −0.041% | $5.6M | $8.4M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2957 | −0.041% | — | $20.9M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2959 | +0.014% | $979K | $260K | 10x | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.2955 | −0.103% | $714K | $1.1M | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2954 | −0.143% | $1.6M | $4.1M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2954 | −0.142% | $157K | $319K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2962 | +0.118% | $93K | $137K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2958 | −0.007% | $31K | $51K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2953 | −0.176% | $111K | $69K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2962 | +0.128% | $2.9M | $4.1M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2957 | −0.041% | $57K | $3K | 10x | as long as short |
| Extended JUP-USD | +0.0104% | 1h | 0.2956 | −0.086% | $2.2M | $540K | 25x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2957 | −0.041% | $40K | — | 3x | as long as short |
| Phoenix JUP | +0.0190% | 1h | 0.2960 | +0.057% | $95K | $441K | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0264% | 1h | 0.2989 | +1.058% | $74K | $94K | 50x | as long as short |
Deribit JUP_USDC-PERPETUAL
GMX JUP/USD [WBTC.b-USDC]
Injective JUP/USDC PERP
Pacifica JUP
Kraken Futures PF_JUPUSD
01 Exchange JUPUSD
gTrade (Gains Network) JUP/USD
Gate JUP_USDT
Bybit JUPUSDT
Paradex JUP-USD-PERP
BloFin JUP-USDT
Lighter JUP
Hyperliquid JUP
Aster JUPUSDT
Binance JUPUSDT
OKX JUP-USDT-SWAP
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
Bulk JUP-USD
Extended JUP-USD
Phoenix JUP
Coinbase International JUP-PERP-INTX