JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0340%/8h= +37.2% APRnext payment +$0.43 per $10,000 · paid last 24h +0.035%

Price spread now: Extended against Hyperliquid−0.077%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs+$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$470.473% of the position

Long on Hyperliquid Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.719%+$72 on $10k

Price spread, last 7 days+0.200%+$20 · spread now −0.077%, 7d avg −0.044%

Together, before fees+0.919%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board+$92 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.033% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.077% now, against its 7-day average of −0.044%). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$10 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid JUP	0.2947	0.0100	pay 0.0013% / 1h	58m 09s	$18.7M	$9.6M	10x
Short	Extended JUP-USD	0.2945	0.0440	get 0.0055% / 1h	58m 09s	$2.2M	$502K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.077%Rate

Funding earned: $71.4
Price spread: −0.077% → −0.044%: −$3.34
Slippage, 4 orders: −$33.29
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $20.77
Costs to cover: 0.473%
Break-even: 5.0 days

Slippage from Hyperliquid: live order book, 5 min ago; Extended: 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 Hyperliquid live order book, 5 min ago	1.86 bp	10.3 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	6.76 bp	12.5 bp −$12	doesn't fit	doesn't fit	doesn't fit

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	−0.4661%	1h	0.2921	−0.886%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2949	+0.048%	$16K	—	100x	as long as short
Pacifica JUP	−0.0125%	1h	0.2953	+0.193%	$281K	$147K	10x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2948	+0.044%	$39K	$26K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2947	−0.003%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2948	+0.041%	—	—	150x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2946	−0.027%	—	—	20x	as long as short
Kraken Futures PF_JUPUSD	+0.0096%	1h	0.2947	−0.010%	$590K	$488K	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2948	+0.031%	$780K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0099%	8h	0.2953	+0.184%	$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-PERP	+0.0100%	1h	0.2950	+0.115%	$595K	$501K	10x	as long as short
Hyperliquid JUPlong	+0.0100%	1h	0.2947	long leg	$18.7M	$9.6M	10x
Aster JUPUSDT	+0.0100%	4h	0.2949	+0.053%	$114K	$289K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2943	−0.139%	$16.2M	$42.5M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2940	−0.241%	$15.8M	$18.9M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2942	−0.173%	$4.0M	$12.2M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2953	+0.200%	$61K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2945	−0.071%	$732K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2945	−0.071%	$7.3M	$6.4M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2948	+0.031%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2945	−0.071%	$5.7M	$5.9M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2944	−0.105%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2945	−0.078%	$977K	$249K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2948	+0.027%	$720K	$693K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2953	+0.200%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2953	+0.200%	$157K	$266K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2951	+0.126%	$93K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2947	−0.003%	$31K	$42K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2946	−0.037%	$111K	$49K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2952	+0.166%	$2.9M	$3.3M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2948	+0.017%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0136%	1h	0.2954	+0.221%	$26K	$19K	5x	as long as short
Coinbase International JUP-PERP-INTX	+0.0208%	1h	0.2957	+0.346%	$74K	$50K	50x	as long as short
Phoenix JUP	+0.0244%	1h	0.2957	+0.336%	$99K	$303K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2950	+0.098%	$845K	$384K	50x	as long as short
Extended JUP-USDshort	+0.0440%	1h	0.2945	−0.077%	$2.2M	$502K	25x