JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0440%/8h= +48.2% APRnext payment +$0.55 per $10,000 · paid last 24h +0.209%

Price spread now: Polymarket Perps against GMX+0.122%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Polymarket Perps

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 for this trade now. Funding pays +$13 a day on $10k at the current rate, and Polymarket Perps is 0.122% dearer against GMX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX JUP/USD [WBTC.b-USDC]	0.2936	L −0.0340% / S +0.0664%	get 0.0043% / 1h	43m 41s	$16K	—	100x
Short	Polymarket Perps JUP-USD	0.2940	0.0100	get 0.0013% / 1h	43m 41s	$93K	$107K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.122%Rate

Funding earned: $92.41
Price spread: +0.122% → 0.000%: $12.19
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $84.6
Costs to cover: 0.200%
Break-even: 0.6 days

Slippage unknown: GMX: no order-book sample; Polymarket Perps: live order book, 18 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 Polymarket Perps live order book, 18 min ago	11.02 bp	16.3 bp −$16	doesn't fit	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	0.2904	−1.097%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]long	L −0.0340% / S +0.0664%	1h	0.2936	long leg	$16K	—	100x
Pacifica JUP	−0.0224%	1h	0.2945	+0.307%	$281K	$147K	10x	as long as short
Backpack JUP_USDC_PERP	−0.0054%	1h	0.2940	+0.146%	$976K	$231K	10x	as long as short
Bybit JUPUSDT	−0.0021%	4h	0.2944	+0.265%	$15.8M	$19.3M	50x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2941	+0.166%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2936	+0.001%	—	—	150x	as long as short
OKX JUP-USDT-SWAP	+0.0018%	4h	0.2948	+0.401%	$4.0M	$12.6M	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2936	−0.007%	—	—	20x	as long as short
dYdX JUP-USD	+0.0060%	1h	0.2943	+0.247%	$38K	$27K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni JUP	+0.0076%	4h	0.2933	−0.093%	$715K	$698K	—	as long as short
Lighter JUP	+0.0096%	1h	0.2947	+0.374%	$779K	$1.1M	10x	as long as short
Paradex JUP-USD-PERP	+0.0096%	8h	0.2948	+0.403%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2936	+0.001%	$594K	$511K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2946	+0.336%	$18.7M	$10.1M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2942	+0.187%	$113K	$299K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2945	+0.314%	$16.2M	$43.5M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2939	+0.082%	$61K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2937	+0.027%	$734K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2947	+0.367%	$7.4M	$6.5M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2942	+0.197%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2947	+0.367%	$5.7M	$6.1M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2945	+0.299%	—	$20.8M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2934	−0.075%	$1.6M	$3.7M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2936	−0.007%	$156K	$275K	50x	as long as short
Polymarket Perps JUP-USDshort	+0.0100%	1h	0.2940	+0.122%	$93K	$107K	10x
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2938	+0.061%	$31K	$42K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2934	−0.076%	$111K	$47K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2941	+0.163%	$2.9M	$3.4M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2940	+0.126%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0168%	1h	0.2936	−0.001%	$26K	$19K	5x	as long as short
Kraken Futures PF_JUPUSD	+0.0201%	1h	0.2941	+0.168%	$587K	$496K	20x	as long as short
Coinbase International JUP-PERP-INTX	+0.0240%	1h	0.2938	+0.047%	$74K	$49K	50x	as long as short
Phoenix JUP	+0.0244%	1h	0.2937	+0.020%	$97K	$329K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2936	−0.007%	$840K	$370K	50x	as long as short
Extended JUP-USD	+0.0352%	1h	0.2941	+0.153%	$2.2M	$491K	25x	as long as short