JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0375%/8h= +41.0% APRnext payment +$0.47 per $10,000 · paid last 24h +0.216%

Price spread now: Nado against GMX−0.064%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 Nado

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 airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.064% cheaper against GMX than usual: you would sell low and buy high (spread −0.064% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 14 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX JUP/USD [WBTC.b-USDC]	0.2958	L −0.0275% / S +0.0618%	get 0.0034% / 1h	31m 48s	$16K	—	100x
Short	Nado JUP-PERP	0.2956	0.0100	get 0.0012% / 1h	31m 48s	$598K	$488K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.064%Rate

Funding earned: $78.66
Price spread: −0.064% → 0.000%: −$6.4
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $53.26
Costs to cover: 0.190%
Break-even: 2.3 days

Slippage unknown: GMX: no order-book sample; Nado: live order book, 21 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 GMX no order-book sample	—	—	—	—	—
Sell Nado live order book, 21 min ago	2.69 bp	9.6 bp −$10	38.4 bp −$384	doesn't fit	doesn't fit

GMX: 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	0.2918	−1.365%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]long	L −0.0275% / S +0.0618%	1h	0.2958	long leg	$16K	—	100x
Pacifica JUP	−0.0183%	1h	0.2957	−0.045%	$282K	$146K	10x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2957	−0.034%	$39K	$21K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2959	+0.008%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2957	−0.042%	—	—	150x	as long as short
Backpack JUP_USDC_PERP	+0.0021%	1h	0.2958	−0.009%	$977K	$187K	10x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2956	−0.089%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2961	+0.075%	$781K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0099%	8h	0.2957	−0.046%	$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-PERPshort	+0.0100%	1h	0.2956	−0.064%	$598K	$488K	10x
Hyperliquid JUP	+0.0100%	1h	0.2959	+0.035%	$18.6M	$9.1M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2958	−0.014%	$110K	$286K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2958	−0.012%	$16.2M	$40.0M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2956	−0.080%	$15.9M	$17.7M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2958	−0.013%	$4.0M	$11.1M	50x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2957	−0.046%	$732K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2958	−0.013%	$7.3M	$6.2M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2957	−0.046%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2958	−0.013%	$5.8M	$5.3M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2957	−0.046%	—	$20.7M	—	as long as short
Variational Omni JUP	+0.0100%	4h	0.2951	−0.250%	$721K	$625K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2957	−0.060%	$1.6M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2955	−0.114%	$163K	$254K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2960	+0.055%	$93K	$105K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2957	−0.046%	$30K	$41K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2950	−0.283%	$111K	$44K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2959	+0.021%	$2.9M	$3.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2954	−0.148%	$61K	−$0	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2957	−0.063%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0168%	1h	0.2960	+0.042%	$26K	$17K	5x	as long as short
Kraken Futures PF_JUPUSD	+0.0177%	1h	0.2959	+0.018%	$592K	$467K	20x	as long as short
Phoenix JUP	+0.0216%	1h	0.2955	−0.107%	$97K	$283K	10x	as long as short
Extended JUP-USD	+0.0232%	1h	0.2956	−0.067%	$2.2M	$498K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0240%	1h	0.2961	+0.079%	$75K	$50K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2951	−0.249%	$833K	$375K	50x	as long as short