JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.4539%/8h= +497.0% APRnext payment +$5.67 per $10,000 · paid last 24h +0.613%

Price spread now: Extended against Injective+0.900%7-day average +2.035% · you sell dearer than you buy

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

Long on Injective Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+3.080%+$308 on $10k

Price spread, last 3 days (all we have)−0.287%−$29 · spread now +0.900%, 7d avg +2.035%

Together, before fees+2.793%+ Points / potential airdropExtended: Active · farm board+$279 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 1.135% cheaper against Injective than usual: you would sell low and buy high (spread +0.900% now, against its 7-day average of +2.035%). If the spread goes back, that is −$114 on $10k: about 20 hours of funding at the current rate (+$136 a day). At the pace of the last 7 days (+3.080% in total) that is about 2.6 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 3.080% in total (about 160.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective JUP/USDC PERP	0.2938	−0.4371	get 0.0546% / 1h	11m 23s	$3K	$206K	5.5x
Short	Extended JUP-USD	0.2964	0.0168	get 0.0021% / 1h	11m 23s	$2.2M	$507K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpFee ExtendedbpOrdersPrice spread, now +0.900%Rate

Funding earned: $953.1
Price spread: +0.900% → +2.035%: −$113.52
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $834.56
Costs to cover: 0.050%
Break-even: 0.9 days

Slippage unknown: Injective: live order book, 2 min ago; Extended: live order book, 2 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 Injective live order book, 2 min ago	104.27 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	5.05 bp	10.7 bp −$11	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 PERPlong	−0.4371%	1h	0.2938	long leg	$3K	$206K	5.5x
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2968	+1.019%	$16K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0209%	1h	0.2968	+1.020%	$598K	$591K	20x	as long as short
Pacifica JUP	−0.0199%	1h	0.2968	+1.032%	$283K	$165K	10x	as long as short
Bybit JUPUSDT	−0.0064%	4h	0.2966	+0.943%	$16.1M	$22.1M	50x	as long as short
01 Exchange JUPUSD	−0.0024%	1h	0.2966	+0.946%	$26K	$19K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0020%	1h	0.2967	+0.987%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2968	+1.038%	$17K	—	150x	as long as short
Gate JUP_USDT	+0.0042%	4h	0.2966	+0.953%	$739K	$1.8M	75x	as long as short
Variational Omni JUP	+0.0044%	4h	0.2964	+0.870%	$718K	$777K	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya JUPRUSDPERP	+0.0057%	1h	0.2965	+0.913%	—	—	20x	as long as short
dYdX JUP-USD	+0.0057%	1h	0.2972	+1.142%	$39K	$33K	5x	as long as short
OKX JUP-USDT-SWAP	+0.0059%	4h	0.2965	+0.919%	$4.0M	$16.1M	50x	as long as short
Paradex JUP-USD-PERP	+0.0084%	8h	0.2967	+0.980%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2971	+1.110%	$794K	$1.4M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2967	+0.987%	$31K	$48K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2966	+0.970%	$614K	$649K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2972	+1.157%	$19.1M	$13.1M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2970	+1.089%	$115K	$357K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2967	+0.970%	$16.3M	$52.0M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2975	+1.263%	$62K	$10K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2969	+1.055%	$8.1M	$7.7M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2970	+1.089%	$4.2M	$6.9M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2968	+1.021%	$5.8M	$7.5M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2966	+0.953%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2970	+1.079%	$983K	$235K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2970	+1.089%	$1.6M	$3.7M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2967	+0.987%	$158K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2975	+1.246%	$94K	$120K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2964	+0.885%	$111K	$62K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2973	+1.191%	$2.9M	$3.9M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2965	+0.919%	$40K	—	3x	as long as short
BloFin JUP-USDT	+0.0143%	4h	0.2969	+1.055%	$846K	$304K	50x	as long as short
Phoenix JUP	+0.0162%	1h	0.2971	+1.133%	$97K	$479K	10x	as long as short
Extended JUP-USDshort	+0.0168%	1h	0.2964	+0.900%	$2.2M	$507K	25x
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.2978	+1.361%	$74K	$91K	50x	as long as short