JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.5002%/8h= −547.7% APRnext payment −$6.25 per $10,000 · paid last 24h −0.402%

Price spread now: Injective against gTrade (Gains Network)−0.807%55s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Injective

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—needs both histories

Both sides work against this trade now: funding costs −$150 a day on $10k at the current rate, and Injective is 0.807% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$81 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) JUP/USD	0.2965	L +0.0002% / S −0.0001%	pay 0.0000% / 1h	50m 13s	$17K	—	150x
Short	Injective JUP/USDC PERP	0.2941	−0.5000	pay 0.0625% / 1h	50m 13s	$3K	$154K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee InjectivebpOrdersPrice spread, now −0.807%Rate

Funding earned: −$1,050.34
Price spread: −0.807% → 0.000%: −$80.74
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$1,141.11
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: live order book, 38 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Injective live order book, 38 min ago	107.17 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

gTrade (Gains Network): 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 PERPshort	−0.5000%	1h	0.2941	−0.807%	$3K	$154K	5.5x
GMX JUP/USD [WBTC.b-USDC]	L −0.0719% / S +0.0249%	1h	0.2964	−0.026%	$13K	—	100x	as long as short
Bybit JUPUSDT	−0.0451%	4h	0.2960	−0.153%	$16.3M	$24.1M	50x	as long as short
Backpack JUP_USDC_PERP	−0.0125%	1h	0.2963	−0.076%	$982K	$270K	10x	as long as short
Gate JUP_USDT	−0.0046%	4h	0.2962	−0.099%	$739K	$1.9M	75x	as long as short
01 Exchange JUPUSD	−0.0040%	1h	0.2966	+0.046%	$26K	$19K	5x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2964	−0.032%	$39K	$36K	5x	as long as short
Phoenix JUP	0.0000%	1h	0.2970	+0.184%	$94K	$447K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2965	+0.005%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USDlong	L +0.0002% / S −0.0001%	1h	0.2965	long leg	$17K	—	150x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_JUPUSD	+0.0009%	1h	0.2965	+0.006%	$601K	$624K	20x	as long as short
BloFin JUP-USDT	+0.0052%	4h	0.2960	−0.167%	$865K	$330K	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2963	−0.071%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0088%	8h	0.2964	−0.017%	$9K	$15K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2967	+0.066%	$901K	$1.2M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2965	+0.002%	$31K	$51K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2962	−0.108%	$597K	$676K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2968	+0.088%	$19.0M	$14.1M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2965	+0.002%	$107K	$366K	10x	as long as short
Pacifica JUP	+0.0100%	1h	0.2964	−0.038%	$282K	$184K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2964	−0.040%	$16.5M	$56.5M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2962	−0.099%	$4.1M	$16.7M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2965	−0.009%	$58K	$4K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2963	−0.065%	$7.9M	$8.1M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2965	+0.002%	$4.5M	$7.3M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2961	−0.133%	$5.7M	$8.6M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2962	−0.099%	—	$21.6M	—	as long as short
Variational Omni JUP	+0.0100%	4h	0.2960	−0.183%	$724K	$1.2M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2977	+0.418%	$1.6M	$4.3M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2964	−0.032%	$158K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2970	+0.167%	$93K	$137K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2958	−0.234%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2969	+0.137%	$2.9M	$4.1M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2960	−0.150%	$40K	—	3x	as long as short
Extended JUP-USD	+0.0216%	1h	0.2961	−0.140%	$2.2M	$539K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0248%	1h	0.2988	+0.768%	$74K	$95K	50x	as long as short