JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0029%/8h= −3.1% APRnext payment −$0.04 per $10,000 · paid last 24h +1.170%

Price spread now: dYdX against Hyperliquid−0.033%7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and dYdX is 0.033% cheaper against Hyperliquid than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid JUP	0.2963	0.0100	pay 0.0013% / 1h	39m 23s	$19.0M	$13.9M	10x
Short	dYdX JUP-USD	0.2962	0.0071	get 0.0009% / 1h	39m 23s	$39K	$35K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Hyperliquid. 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 HyperliquidbpFee dYdXbpOrdersPrice spread, now −0.033%Rate

Funding earned: −$6.01
Price spread: −0.033% → 0.000%: −$3.32
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$28.33
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 4 min ago; dYdX: 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 Hyperliquid live order book, 4 min ago	0.68 bp	12.5 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	0.2918	−1.515%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0539% / S +0.0373%	1h	0.2957	−0.189%	$15K	—	100x	as long as short
Pacifica JUP	−0.0335%	1h	0.2958	−0.152%	$282K	$172K	10x	as long as short
Kraken Futures PF_JUPUSD	−0.0176%	1h	0.2959	−0.148%	$600K	$619K	20x	as long as short
01 Exchange JUPUSD	−0.0088%	1h	0.2959	−0.125%	$26K	$19K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2958	−0.159%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2959	−0.146%	$17K	—	150x	as long as short
Gate JUP_USDT	+0.0008%	4h	0.2958	−0.165%	$736K	$1.9M	75x	as long as short
Bybit JUPUSDT	+0.0056%	4h	0.2956	−0.233%	$16.2M	$23.8M	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2957	−0.210%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex JUP-USD-PERP	+0.0067%	8h	0.2958	−0.166%	$9K	$15K	10x	as long as short
dYdX JUP-USDshort	+0.0071%	1h	0.2962	−0.033%	$39K	$35K	5x
BloFin JUP-USDT	+0.0092%	4h	0.2956	−0.233%	$849K	$329K	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2960	−0.088%	$793K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2956	−0.216%	$613K	$673K	10x	as long as short
Hyperliquid JUPlong	+0.0100%	1h	0.2963	long leg	$19.0M	$13.9M	10x
Aster JUPUSDT	+0.0100%	4h	0.2960	−0.112%	$106K	$367K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2957	−0.185%	$16.3M	$56.0M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2957	−0.199%	$4.1M	$16.6M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2957	−0.199%	$7.9M	$8.0M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2961	−0.064%	$4.3M	$7.2M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2960	−0.098%	$5.7M	$8.4M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2958	−0.165%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2959	−0.145%	$979K	$260K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2955	−0.261%	$714K	$1.1M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2957	−0.201%	$1.6M	$4.1M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2959	−0.132%	$157K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2963	−0.010%	$93K	$136K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2958	−0.165%	$31K	$51K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2953	−0.334%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2962	−0.030%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2957	−0.199%	$57K	$3K	10x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2956	−0.216%	$2.2M	$540K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2957	−0.199%	$40K	—	3x	as long as short
Phoenix JUP	+0.0190%	1h	0.2960	−0.101%	$95K	$441K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0264%	1h	0.2989	+0.898%	$74K	$94K	50x	as long as short