Funding you earn now, next payment 22:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h +1.237%
Price spread now: dYdX against Kraken Futures−0.031%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Funding pays, the price is against you. dYdX is 0.031% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 3.7 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_JUPUSD | 0.2967 | 0.0009 | pay 0.0001% / 1h | 30m 04s | $601K | $624K | 20x |
| Short | dYdX JUP-USD | 0.2966 | 0.0037 | get 0.0005% / 1h | 30m 04s | $39K | $36K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Kraken Futures. 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
- $5.98
- Price spread: −0.031% → 0.000%
- −$3.14
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$17.16
- Costs to cover
- 0.200%
- Break-even
- 27.1 days
Slippage unknown: Kraken Futures: live order book, 58 min ago; dYdX: 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 Kraken Futures live order book, 58 min ago | 6.68 bp | 18.4 bp −$18 | 103.1 bp −$1,031 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | 0.2930 | −1.240% | $3K | $154K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0818% / S +0.0280% | 1h | 0.2967 | +0.012% | $13K | — | 100x | as long as short |
| Bybit JUPUSDT | −0.0261% | 4h | 0.2965 | −0.060% | $16.2M | $24.2M | 50x | as long as short |
| Deribit JUP_USDC-PERPETUAL | −0.0087% | 1h | 0.2967 | +0.017% | $56K | $14K | 10x | as long as short |
| Phoenix JUP | 0.0000% | 1h | 0.2970 | +0.095% | $94K | $447K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0002% / S −0.0001% | 1h | 0.2968 | +0.031% | $17K | — | 150x | as long as short |
| Kraken Futures PF_JUPUSDlong | +0.0009% | 1h | 0.2967 | long leg | $601K | $624K | 20x | |
| Gate JUP_USDT | +0.0012% | 4h | 0.2964 | −0.094% | $739K | $1.9M | 75x | as long as short |
| dYdX JUP-USDshort | +0.0037% | 1h | 0.2966 | −0.031% | $39K | $36K | 5x | |
| 01 Exchange JUPUSD | +0.0056% | 1h | 0.2968 | +0.038% | $26K | $19K | 5x | 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 | 0.2964 | −0.089% | — | — | 20x | as long as short |
| Variational Omni JUP | +0.0087% | 4h | 0.2962 | −0.149% | $724K | $1.2M | — | as long as short |
| Paradex JUP-USD-PERP | +0.0091% | 8h | 0.2967 | −0.002% | $9K | $15K | 10x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2969 | +0.061% | $878K | $1.3M | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0099% | 4h | 0.2967 | +0.007% | $31K | $51K | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2964 | −0.085% | $598K | $670K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2971 | +0.132% | $19.0M | $14.1M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2966 | −0.018% | $106K | $367K | 10x | as long as short |
| Pacifica JUP | +0.0100% | 1h | 0.2966 | −0.016% | $283K | $183K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2967 | −0.005% | $16.4M | $56.4M | 75x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2965 | −0.060% | $4.1M | $16.7M | 50x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2965 | −0.060% | $8.1M | $8.1M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2967 | +0.007% | $4.5M | $7.2M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2964 | −0.094% | $5.6M | $8.5M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2965 | −0.060% | — | $21.7M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2967 | +0.021% | $983K | $268K | 10x | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2966 | −0.034% | $1.6M | $4.1M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2966 | −0.026% | $158K | $319K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2970 | +0.105% | $93K | $138K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2961 | −0.195% | $111K | $69K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2969 | +0.075% | $2.9M | $4.1M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2961 | −0.185% | $57K | $4K | 10x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2964 | −0.082% | $40K | — | 3x | as long as short |
| BloFin JUP-USDT | +0.0132% | 4h | 0.2962 | −0.161% | $861K | $328K | 50x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0248% | 1h | 0.2988 | +0.705% | $74K | $95K | 50x | as long as short |
| Extended JUP-USD | +0.0256% | 1h | 0.2964 | −0.106% | $2.2M | $539K | 25x | as long as short |
Kraken Futures PF_JUPUSD
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
Bybit JUPUSDT
Deribit JUP_USDC-PERPETUAL
Phoenix JUP
gTrade (Gains Network) JUP/USD
Gate JUP_USDT
01 Exchange JUPUSD
Variational Omni JUP
Paradex JUP-USD-PERP
Lighter JUP
Hyperliquid 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
GRVT JUP_USDT_Perp
ApeX Omni JUPUSDT
Polymarket Perps JUP-USD
HTX JUP-USDT
Phemex JUPUSDT
Bulk JUP-USD
BloFin JUP-USDT
Coinbase International JUP-PERP-INTX
Extended JUP-USD