JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0456%/8h= −50.0% APRnext payment −$0.57 per $10,000 · paid last 24h −0.016%

Price spread now: Kraken Futures against Extended+0.174%7-day average +0.179% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$710.709% of the position

Long on Extended Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.073%−$7 on $10k

Price spread, last 3 days (all we have)+0.133%+$13 · spread now +0.174%, 7d avg +0.179%

Together, before fees+0.060%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.179%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.57 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	Extended JUP-USD	0.2978	0.0248	pay 0.0031% / 1h	27m 47s	$2.2M	$507K	25x
Short	Kraken Futures PF_JUPUSD	0.2983	−0.0208	pay 0.0026% / 1h	27m 47s	$601K	$601K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Extended. 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 ExtendedbpFee Kraken FuturesbpOrdersPrice spread, now +0.174%Rate

Funding earned: −$95.85
Price spread: +0.174% → +0.179%: −$0.49
Slippage, 4 orders: −$55.94
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$167.28
Costs to cover: 0.709%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; Kraken Futures: live order book, 50 min ago.

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 Extended live order book, 1 min ago	6.70 bp	12.3 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 50 min ago	11.84 bp	21.0 bp −$21	69.6 bp −$696	doesn't fit	doesn't fit

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	−0.4371%	1h	0.2950	−0.930%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2982	+0.139%	$16K	—	100x	as long as short
Kraken Futures PF_JUPUSDshort	−0.0208%	1h	0.2983	+0.174%	$601K	$601K	20x
Pacifica JUP	−0.0199%	1h	0.2979	+0.032%	$284K	$167K	10x	as long as short
Bybit JUPUSDT	−0.0048%	4h	0.2977	−0.023%	$16.2M	$22.6M	50x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2981	+0.124%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2982	+0.160%	$17K	—	150x	as long as short
01 Exchange JUPUSD	+0.0024%	1h	0.2983	+0.165%	$26K	$19K	5x	as long as short
Gate JUP_USDT	+0.0048%	4h	0.2979	+0.044%	$746K	$1.8M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2978	+0.015%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX JUP-USD	+0.0066%	1h	0.2981	+0.127%	$39K	$33K	5x	as long as short
Paradex JUP-USD-PERP	+0.0086%	8h	0.2979	+0.045%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2982	+0.128%	$797K	$1.4M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2982	+0.144%	$31K	$48K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2978	+0.015%	$721K	$941K	—	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2981	+0.119%	$615K	$658K	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2982	+0.152%	$116K	$361K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2979	+0.044%	$16.4M	$53.4M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2976	−0.057%	$4.1M	$16.4M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2981	+0.114%	$58K	$2K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2979	+0.044%	$8.1M	$7.7M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2981	+0.111%	$4.2M	$7.0M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2978	+0.010%	$5.8M	$8.0M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2977	−0.023%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2981	+0.111%	$987K	$244K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2984	+0.212%	$1.7M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2987	+0.312%	$159K	$320K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2985	+0.255%	$94K	$129K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2974	−0.124%	$112K	$66K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2988	+0.346%	$2.9M	$3.9M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2979	+0.044%	$41K	—	3x	as long as short
Hyperliquid JUP	+0.0136%	1h	0.2984	+0.225%	$19.2M	$13.1M	10x	as long as short
BloFin JUP-USDT	+0.0149%	4h	0.2981	+0.111%	$846K	$327K	50x	as long as short
Phoenix JUP	+0.0162%	1h	0.2986	+0.275%	$97K	$479K	10x	as long as short
Extended JUP-USDlong	+0.0248%	1h	0.2978	long leg	$2.2M	$507K	25x
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.3000	+0.762%	$75K	$93K	50x	as long as short