JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.030%

Price spread now: Variational Omni against gTrade (Gains Network)−0.364%7-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 Variational Omni

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 airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.364% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.364% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$36 on $10k: about 17 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) JUP/USD	0.2967	L +0.0002% / S −0.0001%	pay 0.0000% / 1h	55m 18s	$17K	—	150x
Short	Variational Omni JUP	0.2956	0.0074	get 0.0037% / 4h	1h 55m	$721K	$1.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.364%Rate

Funding earned: $15.21
Price spread: −0.364% → 0.000%: −$36.37
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$31.16
Costs to cover: 0.100%
Break-even: 21.3 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Variational Omni: RFQ quote, 4 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 Variational Omni RFQ quote, 4 min ago	6.78 bp	doesn't fit	37.3 bp −$373	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 PERP	−0.3508%	1h	0.2922	−1.518%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0970% / S +0.0358%	1h	0.2967	+0.004%	$13K	—	100x	as long as short
Pacifica JUP	−0.0335%	1h	0.2964	−0.090%	$282K	$177K	10x	as long as short
Kraken Futures PF_JUPUSD	−0.0175%	1h	0.2968	+0.017%	$602K	$623K	20x	as long as short
01 Exchange JUPUSD	−0.0144%	1h	0.2970	+0.100%	$26K	$19K	5x	as long as short
Bybit JUPUSDT	−0.0103%	4h	0.2965	−0.069%	$16.2M	$23.9M	50x	as long as short
Gate JUP_USDT	−0.0036%	4h	0.2965	−0.069%	$737K	$1.9M	75x	as long as short
Phoenix JUP	0.0000%	1h	0.2956	−0.369%	$95K	$441K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2968	+0.032%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USDlong	L +0.0002% / S −0.0001%	1h	0.2967	long leg	$17K	—	150x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya JUPRUSDPERP	+0.0057%	1h	0.2966	−0.025%	—	—	20x	as long as short
dYdX JUP-USD	+0.0067%	1h	0.2965	−0.078%	$39K	$35K	5x	as long as short
Paradex JUP-USD-PERP	+0.0069%	8h	0.2965	−0.085%	$9K	$15K	10x	as long as short
Variational Omni JUPshort	+0.0074%	4h	0.2956	−0.364%	$721K	$1.1M	—
Lighter JUP	+0.0096%	1h	0.2968	+0.029%	$816K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2965	−0.052%	$614K	$677K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2971	+0.145%	$19.0M	$14.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2964	−0.089%	$106K	$367K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2967	−0.001%	$16.4M	$56.0M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2967	−0.001%	$4.1M	$16.7M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2967	−0.001%	$8.0M	$7.9M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2967	−0.001%	$4.5M	$7.2M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2966	−0.035%	$5.7M	$8.5M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2966	−0.035%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2961	−0.214%	$980K	$263K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2953	−0.478%	$1.6M	$4.1M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2951	−0.541%	$157K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2971	+0.144%	$94K	$139K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2968	+0.032%	$31K	$51K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2960	−0.237%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2969	+0.066%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2954	−0.439%	$57K	$3K	10x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2965	−0.076%	$2.2M	$540K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2965	−0.052%	$40K	—	3x	as long as short
BloFin JUP-USDT	+0.0107%	4h	0.2968	+0.032%	$854K	$333K	50x	as long as short
Coinbase International JUP-PERP-INTX	+0.0264%	1h	0.2989	+0.757%	$74K	$94K	50x	as long as short