JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0109%/8h= −12.0% APRnext payment −$0.55 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against GRVT−0.203%91s7-day average −0.080% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$610.609% of the position

Long on GRVT Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.073%−$7 on $10k

Price spread, last 7 days+0.083%+$8 · spread now −0.203%, 7d avg −0.080%

Together, before fees+0.011%+ Points / potential airdropGRVT: Active · farm board+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.123% cheaper against GRVT than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.080%). Swap the legs. The two prices were read 91 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	GRVT JUP_USDT_Perp	0.2960	0.0100	pay 0.0050% / 4h	2h 08m	$1.6M	$3.8M	10x
Short	OKX JUP-USDT-SWAP	0.2954	−0.0009	pay 0.0005% / 4h	2h 08m	$4.1M	$13.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against GRVT. 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 GRVTbpFee OKXbpOrdersPrice spread, now −0.203%Rate

Funding earned: −$22.93
Price spread: −0.203% → −0.080%: −$12.25
Slippage, 4 orders: −$41.91
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$96.09
Costs to cover: 0.609%
Break-even: never at this rate

Slippage from GRVT: live order book, 6 min ago; OKX: live order book, 5 min ago.

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 GRVT live order book, 6 min ago	1.69 bp	20.0 bp −$20	150.3 bp −$1,503	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	1.69 bp	14.5 bp −$15	60.4 bp −$604	doesn't fit	doesn't fit

JUP on 35 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	−0.4347%	1h	0.2917	−1.453%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0353%	1h	0.2949	−0.387%	$281K	$147K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0619%	1h	0.2955	−0.172%	$16K	—	100x	as long as short
Bybit JUPUSDT	−0.0131%	4h	0.2951	−0.301%	$15.8M	$19.7M	50x	as long as short
Kraken Futures PF_JUPUSD	−0.0024%	1h	0.2955	−0.170%	$590K	$505K	20x	as long as short
OKX JUP-USDT-SWAPshort	−0.0009%	4h	0.2954	−0.203%	$4.1M	$13.1M	50x
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2955	−0.162%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2954	−0.193%	—	—	150x	as long as short
Variational Omni JUP	+0.0026%	4h	0.2953	−0.237%	$721K	$750K	—	as long as short
Gate JUP_USDT	+0.0056%	4h	0.2954	−0.203%	$735K	$1.5M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya JUPRUSDPERP	+0.0057%	1h	0.2952	−0.270%	—	—	20x	as long as short
dYdX JUP-USD	+0.0068%	1h	0.2949	−0.358%	$39K	$28K	5x	as long as short
Paradex JUP-USD-PERP	+0.0093%	8h	0.2948	−0.397%	$9K	$11K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2958	−0.078%	$782K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2952	−0.262%	$597K	$528K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2958	−0.084%	$18.8M	$10.2M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2954	−0.189%	$114K	$317K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2954	−0.193%	$16.3M	$44.8M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2956	−0.135%	$62K	$8K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2954	−0.203%	$7.3M	$7.0M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2953	−0.236%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2955	−0.169%	$5.8M	$6.2M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2954	−0.203%	—	$20.8M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2956	−0.132%	$979K	$236K	10x	as long as short
GRVT JUP_USDT_Perplong	+0.0100%	4h	0.2960	long leg	$1.6M	$3.8M	10x
ApeX Omni JUPUSDT	+0.0100%	1h	0.2955	−0.169%	$157K	$285K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2954	−0.186%	$93K	$109K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2955	−0.169%	$31K	$43K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2943	−0.574%	$111K	$47K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2957	−0.101%	$2.9M	$3.5M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2954	−0.205%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0144%	1h	0.2952	−0.277%	$26K	$19K	5x	as long as short
Phoenix JUP	+0.0188%	1h	0.2954	−0.199%	$97K	$402K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0272%	1h	0.2954	−0.213%	$74K	$51K	50x	as long as short
Extended JUP-USD	+0.0456%	1h	0.2954	−0.217%	$2.2M	$488K	25x	as long as short