Funding you earn now, next payment 22:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.04 per $10,000 · paid last 24h +0.405%
Price spread now: 01 Exchange against Hyperliquid−0.114%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 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 01 Exchange is 0.114% cheaper against Hyperliquid than usual: you would sell low and buy high (−$11 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 | 0.2980 | 0.0100 | pay 0.0013% / 1h | 18m 08s | $19.1M | $14.0M | 10x |
| Short | 01 Exchange JUPUSD | 0.2976 | 0.0064 | get 0.0008% / 1h | 18m 08s | $26K | $19K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7.56
- Price spread: −0.114% → 0.000%
- −$11.41
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$34.97
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; 01 Exchange: 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, 5 min ago | 0.17 bp | 8.0 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | 0.2978 | −0.054% | $3K | $206K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0864% / S +0.0325% | 1h | 0.2977 | −0.088% | $13K | — | 100x | as long as short |
| Bybit JUPUSDT | −0.0087% | 4h | 0.2974 | −0.188% | $16.3M | $24.1M | 50x | as long as short |
| Phoenix JUP | 0.0000% | 1h | 0.2982 | +0.077% | $95K | $447K | 10x | as long as short |
| Deribit JUP_USDC-PERPETUAL | 0.0000% | 1h | 0.2977 | −0.077% | $56K | $14K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0002% / S −0.0001% | 1h | 0.2978 | −0.064% | $17K | — | 150x | as long as short |
| Kraken Futures PF_JUPUSD | +0.0009% | 1h | 0.2977 | −0.075% | $604K | $624K | 20x | as long as short |
| Gate JUP_USDT | +0.0012% | 4h | 0.2975 | −0.154% | $740K | $1.9M | 75x | as long as short |
| dYdX JUP-USD | +0.0029% | 1h | 0.2980 | +0.008% | $39K | $36K | 5x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2975 | −0.158% | — | — | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange JUPUSDshort | +0.0064% | 1h | 0.2976 | −0.114% | $26K | $19K | 5x | |
| BloFin JUP-USDT | +0.0082% | 4h | 0.2979 | −0.020% | $858K | $335K | 50x | as long as short |
| Paradex JUP-USD-PERP | +0.0093% | 8h | 0.2975 | −0.144% | $9K | $15K | 10x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2979 | −0.027% | $869K | $1.3M | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2977 | −0.087% | $31K | $51K | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2975 | −0.154% | $599K | $671K | 10x | as long as short |
| Hyperliquid JUPlong | +0.0100% | 1h | 0.2980 | long leg | $19.1M | $14.0M | 10x | |
| Aster JUPUSDT | +0.0100% | 4h | 0.2979 | −0.008% | $107K | $367K | 10x | as long as short |
| Pacifica JUP | +0.0100% | 1h | 0.2976 | −0.126% | $284K | $181K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2976 | −0.137% | $16.5M | $56.3M | 75x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2975 | −0.154% | $4.1M | $16.8M | 50x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2976 | −0.121% | $8.1M | $8.1M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2980 | +0.013% | $4.5M | $7.2M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2977 | −0.087% | $5.7M | $8.5M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2975 | −0.154% | — | $20.9M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2977 | −0.097% | $986K | $265K | 10x | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.2979 | −0.009% | $729K | $1.2M | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2982 | +0.094% | $1.6M | $4.2M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2979 | −0.020% | $158K | $319K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2983 | +0.121% | $94K | $138K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2968 | −0.389% | $111K | $69K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2983 | +0.114% | $2.9M | $4.1M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2982 | +0.081% | $58K | $4K | 10x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2975 | −0.147% | $41K | — | 3x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0248% | 1h | 0.2989 | +0.332% | $74K | $95K | 50x | as long as short |
| Extended JUP-USD | +0.0264% | 1h | 0.2975 | −0.165% | $2.2M | $539K | 25x | as long as short |
Hyperliquid JUP
01 Exchange JUPUSD
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
Bybit JUPUSDT
Phoenix JUP
Deribit JUP_USDC-PERPETUAL
gTrade (Gains Network) JUP/USD
Kraken Futures PF_JUPUSD
Gate JUP_USDT
BloFin JUP-USDT
Paradex JUP-USD-PERP
Lighter JUP
Aster JUPUSDT
Pacifica JUP
Binance JUPUSDT
OKX JUP-USDT-SWAP
MEXC JUP_USDT
KuCoin JUPUSDTM
Bitget JUPUSDT
BingX JUP-USDT
Backpack JUP_USDC_PERP
Variational Omni JUP
GRVT JUP_USDT_Perp
ApeX Omni JUPUSDT
Polymarket Perps JUP-USD
HTX JUP-USDT
Phemex JUPUSDT
Bulk JUP-USD
Coinbase International JUP-PERP-INTX
Extended JUP-USD