JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0224%/8h= −24.5% APRnext payment −$0.28 per $10,000 · paid last 24h −0.015%

Price spread now: Pacifica against Deribit−0.082%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 Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.043%−$4 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Pacifica is 0.082% cheaper against Deribit than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.043% in total (about -2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit JUP_USDC-PERPETUAL	0.2937	0	get 0.0000% / 1h	45m 33s	$54K	$16K	10x
Short	Pacifica JUP	0.2935	−0.0224	pay 0.0028% / 1h	45m 33s	$280K	$147K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.082%Rate

Funding earned: −$47.04
Price spread: −0.082% → 0.000%: −$8.24
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$70.28
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; Pacifica: live order book, 18 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 Pacifica live order book, 18 min ago	1.70 bp	8.7 bp −$9	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	−1.130%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0340% / S +0.0664%	1h	0.2936	−0.036%	$16K	—	100x	as long as short
Pacifica JUPshort	−0.0224%	1h	0.2935	−0.082%	$280K	$147K	10x
Backpack JUP_USDC_PERP	−0.0106%	1h	0.2935	−0.089%	$974K	$231K	10x	as long as short
Bybit JUPUSDT	−0.0021%	4h	0.2937	−0.007%	$15.7M	$19.3M	50x	as long as short
Deribit JUP_USDC-PERPETUALlong	0.0000%	1h	0.2937	long leg	$54K	$16K	10x
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2936	−0.046%	—	—	150x	as long as short
OKX JUP-USDT-SWAP	+0.0012%	4h	0.2939	+0.061%	$4.0M	$12.5M	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2939	+0.062%	—	—	20x	as long as short
dYdX JUP-USD	+0.0069%	1h	0.2934	−0.094%	$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	−0.126%	$715K	$698K	—	as long as short
Paradex JUP-USD-PERP	+0.0096%	8h	0.2937	+0.008%	$9K	$11K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2938	+0.041%	$777K	$1.1M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2939	+0.053%	$594K	$509K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2943	+0.187%	$18.7M	$10.1M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2935	−0.076%	$113K	$299K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2939	+0.061%	$16.2M	$43.5M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2939	+0.049%	$61K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2934	−0.109%	$728K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2939	+0.061%	$7.4M	$6.5M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2939	+0.061%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2939	+0.061%	$5.7M	$6.1M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2939	+0.061%	—	$20.8M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2934	−0.108%	$1.6M	$3.7M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2936	−0.041%	$156K	$275K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2943	+0.204%	$93K	$107K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2937	−0.007%	$31K	$42K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2929	−0.279%	$111K	$47K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2938	+0.027%	$2.9M	$3.4M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2936	−0.040%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0160%	1h	0.2942	+0.160%	$26K	$19K	5x	as long as short
Kraken Futures PF_JUPUSD	+0.0202%	1h	0.2936	−0.051%	$586K	$497K	20x	as long as short
Coinbase International JUP-PERP-INTX	+0.0240%	1h	0.2934	−0.106%	$74K	$49K	50x	as long as short
Phoenix JUP	+0.0244%	1h	0.2937	−0.014%	$97K	$329K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2931	−0.211%	—	$355K	50x	as long as short
Extended JUP-USD	+0.0368%	1h	0.2938	+0.036%	$2.2M	$490K	25x	as long as short