JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.3707%/8h= +405.9% APRnext payment +$4.63 per $10,000 · paid last 24h +0.437%

Price spread now: GMX against Injective+1.309%57s7-day average — · you sell dearer than you buy

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

Long on Injective Short on GMX

What this pair did over the last

the charts below follow

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—needs both histories

Both sides work for this trade now. Funding pays +$111 a day on $10k at the current rate, and GMX is 1.309% dearer against Injective than usual: you sell high and buy low: +$131 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 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	Injective JUP/USDC PERP	0.2935	−0.4371	get 0.0546% / 1h	58m 19s	$3K	$206K	5.5x
Short	GMX JUP/USD [WBTC.b-USDC]	0.2973	L −0.0398% / S +0.0663%	pay 0.0083% / 1h	58m 19s	$15K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Injective. 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 InjectivebpFee GMXbpOrdersPrice spread, now +1.309%Rate

Funding earned: $778.52
Price spread: +1.309% → 0.000%: $130.94
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee GMX: 6 bp × 2 orders: −$12
Net: $897.43
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Injective: live order book, 21 min ago; GMX: 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 Injective live order book, 21 min ago	71.28 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 PERPlong	−0.4371%	1h	0.2935	long leg	$3K	$206K	5.5x
GMX JUP/USD [WBTC.b-USDC]short	L −0.0398% / S +0.0663%	1h	0.2973	+1.309%	$15K	—	100x
Kraken Futures PF_JUPUSD	−0.0209%	1h	0.2973	+1.289%	$603K	$618K	20x	as long as short
Pacifica JUP	−0.0199%	1h	0.2971	+1.238%	$283K	$169K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2974	+1.332%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2973	+1.294%	$17K	—	150x	as long as short
Gate JUP_USDT	+0.0038%	4h	0.2970	+1.193%	$749K	$1.8M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2970	+1.186%	—	—	20x	as long as short
Bybit JUPUSDT	+0.0067%	4h	0.2970	+1.193%	$16.3M	$23.1M	50x	as long as short
Paradex JUP-USD-PERP	+0.0079%	8h	0.2971	+1.226%	$9K	$13K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin JUP-USDT	+0.0080%	4h	0.2971	+1.227%	$846K	$328K	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2974	+1.329%	$797K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2969	+1.175%	$613K	$669K	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2972	+1.266%	$107K	$356K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2972	+1.261%	$16.4M	$54.0M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2970	+1.193%	$4.0M	$16.5M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2972	+1.261%	$8.1M	$7.7M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2973	+1.295%	$4.3M	$7.0M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2971	+1.227%	$5.7M	$8.1M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2970	+1.193%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2972	+1.244%	$983K	$252K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2961	+0.889%	$715K	$1.0M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2966	+1.056%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2960	+0.852%	$157K	$320K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2977	+1.441%	$94K	$130K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2973	+1.295%	$31K	$49K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2962	+0.920%	$111K	$67K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2972	+1.261%	$2.9M	$4.0M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2966	+1.056%	$58K	$2K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2972	+1.248%	$41K	—	3x	as long as short
01 Exchange JUPUSD	+0.0120%	1h	0.2974	+1.329%	$26K	$19K	5x	as long as short
Hyperliquid JUP	+0.0166%	1h	0.2978	+1.451%	$19.1M	$13.3M	10x	as long as short
Phoenix JUP	+0.0190%	1h	0.2969	+1.158%	$96K	$440K	10x	as long as short
Extended JUP-USD	+0.0208%	1h	0.2969	+1.172%	$2.2M	$505K	25x	as long as short
dYdX JUP-USD	+0.0219%	1h	0.2973	+1.280%	$39K	$35K	5x	as long as short
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.2972	+1.267%	$74K	$94K	50x	as long as short