JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.12 per $10,000 · paid last 24h −0.063%

Price spread now: Polymarket Perps against Extended+0.123%7-day average +0.192% · you sell dearer than you buy

Net, funding: paid 7d − costs−$150as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$510.505% of the position

Long on Extended Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.994%−$99 on $10k

Price spread, last 4 days (all we have)+0.381%+$38 · spread now +0.123%, 7d avg +0.192%

Together, before fees−0.613%+ Points / potential airdropExtended: Active · farm board−$61 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Polymarket Perps is 0.069% cheaper against Extended than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.192%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended JUP-USD	0.2937	0.0192	pay 0.0024% / 1h	43m 24s	$2.2M	$508K	25x
Short	Polymarket Perps JUP-USD	0.2941	0.0100	get 0.0013% / 1h	43m 24s	$93K	$105K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.123%Rate

Funding earned: −$19.32
Price spread: +0.123% → +0.192%: −$6.87
Slippage, 4 orders: −$37.51
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$76.7
Costs to cover: 0.505%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; Polymarket Perps: live order book, 3 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, 5 min ago	5.07 bp	10.8 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 3 min ago	3.05 bp	14.9 bp −$15	doesn't fit	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	−0.4499%	1h	0.2910	−0.919%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2937	−0.014%	$16K	—	100x	as long as short
Pacifica JUP	−0.0230%	1h	0.2938	+0.044%	$280K	$146K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2940	+0.099%	$53K	$17K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2938	+0.031%	—	—	150x	as long as short
dYdX JUP-USD	+0.0025%	1h	0.2939	+0.083%	$38K	$20K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2936	−0.032%	—	—	20x	as long as short
Bybit JUPUSDT	+0.0094%	4h	0.2933	−0.136%	$15.8M	$17.7M	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2942	+0.174%	$776K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0100%	8h	0.2939	+0.053%	$9K	$11K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado JUP-PERP	+0.0100%	1h	0.2938	+0.026%	$592K	$487K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2940	+0.109%	$18.5M	$8.8M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2939	+0.080%	$109K	$270K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2937	+0.008%	$16.1M	$39.3M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2937	0.000%	$4.1M	$10.8M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2954	+0.596%	$61K	−$0	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2937	0.000%	$725K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2937	0.000%	$7.3M	$6.1M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2938	+0.035%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2938	+0.035%	$5.7M	$5.2M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2937	0.000%	—	$20.6M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2940	+0.089%	$973K	$188K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2940	+0.102%	$719K	$625K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2941	+0.137%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2944	+0.239%	$162K	$255K	50x	as long as short
Polymarket Perps JUP-USDshort	+0.0100%	1h	0.2941	+0.123%	$93K	$105K	10x
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2939	+0.069%	$30K	$26K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2932	−0.170%	$110K	$44K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2945	+0.273%	$2.9M	$3.0M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2937	0.000%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0168%	1h	0.2940	+0.109%	$26K	$11K	5x	as long as short
Extended JUP-USDlong	+0.0192%	1h	0.2937	long leg	$2.2M	$508K	25x
Kraken Futures PF_JUPUSD	+0.0257%	1h	0.2941	+0.140%	$584K	$458K	20x	as long as short
Phoenix JUP	+0.0271%	1h	0.2951	+0.470%	$99K	$280K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0280%	1h	0.2968	+1.049%	$75K	$49K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2942	+0.171%	$831K	$377K	50x	as long as short