Funding you earn now, next payment 00:00 UTC+0.4467%/8h= +489.1% APRnext payment +$5.58 per $10,000 · paid last 24h +0.500%
Price spread now: Lighter against Injective+1.230%7-day average +2.212% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.331%+$233 on $10k
+Price spread, last 3 days (all we have)−0.570%−$57 · spread now +1.230%, 7d avg +2.212%
=Together, before fees+1.761%+ Points / potential airdropLighter: Season 3 · farm board+$176 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.982% cheaper against Injective than usual: you would sell low and buy high (spread +1.230% now, against its 7-day average of +2.212%). If the spread goes back, that is −$98 on $10k: about 18 hours of funding at the current rate (+$134 a day). At the pace of the last 7 days (+2.331% in total) that is about 2.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 2.331% in total (about 121.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.58 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 | 0.2935 | −0.4371 | get 0.0546% / 1h | 58m 57s | $3K | $206K | 5.5x |
| Short | Lighter JUP | 0.2971 | 0.0096 | get 0.0012% / 1h | 58m 57s | $796K | $1.3M | 10x |
Injective JUP/USDC PERP
Lighter JUPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- $937.98
- Price spread: +1.230% → +2.212%
- −$98.2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $839.77
- Costs to cover
- 0.000%
- Break-even
- 0.7 days
Slippage unknown: Injective: live order book, 20 min ago; Lighter: 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, 20 min ago | 71.28 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 2.69 bp | 7.5 bp −$7 | 50.8 bp −$508 | 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 | 0.2935 | long leg | $3K | $206K | 5.5x | |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0398% / S +0.0663% | 1h | 0.2969 | +1.155% | $15K | — | 100x | as long as short |
| Pacifica JUP | −0.0335% | 1h | 0.2967 | +1.077% | $283K | $169K | 10x | as long as short |
| Kraken Futures PF_JUPUSD | −0.0209% | 1h | 0.2970 | +1.177% | $602K | $618K | 20x | as long as short |
| Deribit JUP_USDC-PERPETUAL | 0.0000% | 1h | 0.2969 | +1.165% | $56K | $14K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0002% / S −0.0001% | 1h | 0.2969 | +1.158% | $17K | — | 150x | as long as short |
| Gate JUP_USDT | +0.0034% | 4h | 0.2970 | +1.193% | $749K | $1.8M | 75x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2965 | +1.034% | — | — | 20x | as long as short |
| Bybit JUPUSDT | +0.0077% | 4h | 0.2970 | +1.193% | $16.3M | $23.1M | 50x | as long as short |
| Paradex JUP-USD-PERP | +0.0079% | 8h | 0.2967 | +1.080% | $9K | $13K | 10x | as long as short |
GMX JUP/USD [WBTC.b-USDC]
Pacifica JUP
Kraken Futures PF_JUPUSD
Deribit JUP_USDC-PERPETUAL
gTrade (Gains Network) JUP/USD
Gate JUP_USDT
Reya JUPRUSDPERP
Bybit JUPUSDT
Paradex JUP-USD-PERPShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange JUPUSD | +0.0080% | 1h | 0.2969 | +1.162% | $26K | $19K | 5x | as long as short |
| BloFin JUP-USDT | +0.0080% | 4h | 0.2971 | +1.227% | $846K | $328K | 50x | as long as short |
| Lighter JUPshort | +0.0096% | 1h | 0.2971 | +1.230% | $796K | $1.3M | 10x | |
| Nado JUP-PERP | +0.0100% | 1h | 0.2965 | +1.014% | $612K | $669K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2975 | +1.380% | $19.1M | $13.3M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2973 | +1.279% | $107K | $356K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2972 | +1.257% | $16.4M | $54.0M | 75x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2969 | +1.158% | $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 | 0.2969 | +1.158% | — | $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 | 0.2971 | +1.230% | $94K | $130K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2969 | +1.158% | $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 | 0.2968 | +1.114% | $40K | — | 3x | as long as short |
| dYdX JUP-USD | +0.0123% | 1h | 0.2969 | +1.143% | $39K | $35K | 5x | as long as short |
| Phoenix JUP | +0.0190% | 1h | 0.2969 | +1.158% | $96K | $440K | 10x | as long as short |
| Extended JUP-USD | +0.0200% | 1h | 0.2969 | +1.172% | $2.2M | $505K | 25x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0256% | 1h | 0.2972 | +1.271% | $74K | $94K | 50x | as long as short |
01 Exchange JUPUSD
BloFin JUP-USDT
Nado JUP-PERP
Hyperliquid JUP
Aster JUPUSDT
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
Orderly PERP_JUP_USDC
HTX JUP-USDT
Phemex JUPUSDT
Bulk JUP-USD
Aevo JUP-PERP
dYdX JUP-USD
Phoenix JUP
Extended JUP-USD
Coinbase International JUP-PERP-INTX