JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0505%/8h= +55.3% APRnext payment +$0.63 per $10,000 · paid last 24h +0.106%

Price spread now: Deribit against GMX−0.038%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Deribit

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

Funding pays, the price is against you. Deribit is 0.038% cheaper against GMX than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX JUP/USD [WBTC.b-USDC]	0.2972	L −0.0692% / S +0.0241%	get 0.0087% / 1h	57m 38s	$13K	—	100x
Short	Deribit JUP_USDC-PERPETUAL	0.2970	−0.0187	pay 0.0023% / 1h	57m 38s	$57K	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against GMX. 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 GMXbpFee DeribitbpOrdersPrice spread, now −0.038%Rate

Funding earned: $106.04
Price spread: −0.038% → 0.000%: −$3.84
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $83.2
Costs to cover: 0.190%
Break-even: 1.5 days

Slippage unknown: GMX: no order-book sample; Deribit: no order-book sample. 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 GMX no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

GMX and 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	0.3011	+1.328%	$3K	$110K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]long	L −0.0692% / S +0.0241%	1h	0.2972	long leg	$13K	—	100x
Backpack JUP_USDC_PERP	−0.0433%	1h	0.2968	−0.116%	$984K	$274K	10x	as long as short
Bybit JUPUSDT	−0.0355%	4h	0.2967	−0.153%	$16.3M	$24.2M	50x	as long as short
01 Exchange JUPUSD	−0.0256%	1h	0.2967	−0.149%	$26K	$19K	5x	as long as short
Deribit JUP_USDC-PERPETUALshort	−0.0187%	1h	0.2970	−0.038%	$57K	$13K	10x
Gate JUP_USDT	−0.0014%	4h	0.2966	−0.186%	$740K	$1.9M	75x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2972	+0.015%	$39K	$38K	5x	as long as short
Phoenix JUP	0.0000%	1h	0.2983	+0.369%	$95K	$395K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2972	+0.022%	$17K	—	150x	as long as short

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	0.2971	−0.032%	$602K	$624K	20x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2968	−0.117%	—	—	20x	as long as short
BloFin JUP-USDT	+0.0079%	4h	0.2974	+0.083%	$869K	$332K	50x	as long as short
Paradex JUP-USD-PERP	+0.0088%	8h	0.2967	−0.146%	$9K	$15K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2973	+0.046%	$913K	$1.2M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2971	−0.018%	$31K	$51K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2967	−0.153%	$597K	$676K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2973	+0.056%	$19.1M	$14.1M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2970	−0.052%	$107K	$367K	10x	as long as short
Pacifica JUP	+0.0100%	1h	0.2968	−0.111%	$283K	$184K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2968	−0.119%	$16.5M	$56.6M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2968	−0.119%	$4.1M	$16.7M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2969	−0.085%	$8.0M	$8.0M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2971	−0.018%	$4.5M	$7.3M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2966	−0.186%	$5.7M	$8.6M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2967	−0.153%	—	$21.5M	—	as long as short
Variational Omni JUP	+0.0100%	4h	0.2979	+0.236%	$728K	$1.2M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2978	+0.215%	$1.6M	$4.3M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2975	+0.116%	$158K	$320K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2973	+0.046%	$94K	$138K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2965	−0.220%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2974	+0.083%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2978	+0.214%	$58K	$4K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2968	−0.114%	$40K	—	3x	as long as short
Extended JUP-USD	+0.0240%	1h	0.2966	−0.189%	$2.2M	$542K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0248%	1h	0.2988	+0.544%	$74K	$95K	50x	as long as short