JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0187%/8h= +20.5% APRnext payment +$0.23 per $10,000 · paid last 24h +0.038%

Price spread now: Nado against Deribit−0.106%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 Nado

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.106% cheaper against Deribit than usual: you would sell low and buy high (spread −0.106% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 45 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit JUP_USDC-PERPETUAL	0.2966	−0.0087	get 0.0011% / 1h	52m 43s	$56K	$14K	10x
Short	Nado JUP-PERP	0.2963	0.0100	get 0.0012% / 1h	52m 43s	$598K	$676K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 NadobpOrdersPrice spread, now −0.106%Rate

Funding earned: $39.27
Price spread: −0.106% → 0.000%: −$10.62
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $14.65
Costs to cover: 0.140%
Break-even: 4.4 days

Slippage unknown: Deribit: no order-book sample; Nado: live order book, 35 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 Nado live order book, 35 min ago	2.51 bp	8.5 bp −$8	40.1 bp −$401	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	0.2941	−0.856%	$3K	$154K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0709% / S +0.0246%	1h	0.2967	+0.024%	$13K	—	100x	as long as short
Bybit JUPUSDT	−0.0452%	4h	0.2962	−0.148%	$16.3M	$24.1M	50x	as long as short
01 Exchange JUPUSD	−0.0184%	1h	0.2971	+0.142%	$26K	$19K	5x	as long as short
ApeX Omni JUPUSDT	−0.0172%	1h	0.2970	+0.121%	$158K	$319K	50x	as long as short
Backpack JUP_USDC_PERP	−0.0119%	1h	0.2966	−0.017%	$983K	$272K	10x	as long as short
Deribit JUP_USDC-PERPETUALlong	−0.0087%	1h	0.2966	long leg	$56K	$14K	10x
Gate JUP_USDT	−0.0038%	4h	0.2963	−0.115%	$739K	$1.9M	75x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2967	+0.020%	$39K	$36K	5x	as long as short
Phoenix JUP	0.0000%	1h	0.2974	+0.256%	$95K	$447K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2966	−0.005%	$17K	—	150x	as long as short
Kraken Futures PF_JUPUSD	+0.0009%	1h	0.2967	+0.004%	$602K	$624K	20x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2965	−0.062%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0087%	8h	0.2965	−0.040%	$9K	$15K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2968	+0.047%	$904K	$1.2M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2966	−0.013%	$31K	$51K	10x	as long as short
Nado JUP-PERPshort	+0.0100%	1h	0.2963	−0.106%	$598K	$676K	10x
Hyperliquid JUP	+0.0100%	1h	0.2968	+0.054%	$19.0M	$14.1M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2967	+0.020%	$107K	$366K	10x	as long as short
Pacifica JUP	+0.0100%	1h	0.2965	−0.063%	$282K	$184K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2964	−0.081%	$16.5M	$56.5M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2962	−0.148%	$4.1M	$16.7M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2962	−0.148%	$7.9M	$8.1M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2967	+0.020%	$4.5M	$7.3M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2963	−0.115%	$5.7M	$8.6M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2962	−0.148%	—	$21.5M	—	as long as short
Variational Omni JUP	+0.0100%	4h	0.2970	+0.138%	$726K	$1.2M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2977	+0.369%	$1.6M	$4.3M	10x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2972	+0.172%	$94K	$137K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2958	−0.283%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2970	+0.121%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2978	+0.388%	$58K	$4K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2936	−1.039%	$40K	—	3x	as long as short
BloFin JUP-USDT	+0.0152%	4h	0.2966	−0.013%	$866K	$331K	50x	as long as short
Extended JUP-USD	+0.0200%	1h	0.2963	−0.124%	$2.2M	$540K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0248%	1h	0.2988	+0.718%	$74K	$95K	50x	as long as short