Funding you earn now, next payment 23:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.20 per $10,000 · paid last 24h +0.036%
Price spread now: Coinbase International against Lighter−0.057%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.134%+$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Coinbase International is 0.057% cheaper against Lighter than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 29 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.134% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter JUP | 0.2974 | 0.0096 | pay 0.0012% / 1h | 58m 28s | $797K | $1.3M | 10x |
| Short | Coinbase International JUP-PERP-INTX | 0.2972 | 0.0256 | get 0.0032% / 1h | 58m 28s | $74K | $94K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Lighter. 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
- $33.6
- Price spread: −0.057% → 0.000%
- −$5.72
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $17.88
- Costs to cover
- 0.100%
- Break-even
- 3.3 days
Slippage unknown: Lighter: live order book, 3 min ago; Coinbase International: 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 Lighter live order book, 3 min ago | 2.69 bp | 11.6 bp −$12 | 47.1 bp −$471 | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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 | −0.4371% | 1h | 0.2935 | −1.311% | $3K | $206K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0398% / S +0.0663% | 1h | 0.2969 | −0.171% | $15K | — | 100x | as long as short |
| Kraken Futures PF_JUPUSD | −0.0209% | 1h | 0.2970 | −0.150% | $602K | $618K | 20x | as long as short |
| Pacifica JUP | −0.0199% | 1h | 0.2971 | −0.090% | $283K | $169K | 10x | as long as short |
| Deribit JUP_USDC-PERPETUAL | 0.0000% | 1h | 0.2969 | −0.161% | $56K | $14K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0002% / S −0.0001% | 1h | 0.2969 | −0.168% | $17K | — | 150x | as long as short |
| Gate JUP_USDT | +0.0038% | 4h | 0.2970 | −0.134% | $749K | $1.8M | 75x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2970 | −0.141% | — | — | 20x | as long as short |
| Bybit JUPUSDT | +0.0067% | 4h | 0.2969 | −0.185% | $16.3M | $23.1M | 50x | as long as short |
| Paradex JUP-USD-PERP | +0.0079% | 8h | 0.2971 | −0.102% | $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 | −0.101% | $846K | $328K | 50x | as long as short |
| Lighter JUPlong | +0.0096% | 1h | 0.2974 | long leg | $797K | $1.3M | 10x | |
| Nado JUP-PERP | +0.0100% | 1h | 0.2969 | −0.151% | $613K | $669K | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2972 | −0.069% | $107K | $356K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2971 | −0.101% | $16.4M | $54.0M | 75x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2970 | −0.134% | $4.0M | $16.5M | 50x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2971 | −0.101% | $8.1M | $7.7M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2973 | −0.034% | $4.3M | $7.0M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2971 | −0.101% | $5.7M | $8.1M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2970 | −0.134% | — | $20.9M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2972 | −0.084% | $983K | $252K | 10x | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.2961 | −0.434% | $715K | $1.0M | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2966 | −0.269% | $1.6M | $4.0M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2960 | −0.471% | $157K | $320K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2977 | +0.111% | $94K | $130K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2969 | −0.168% | $31K | $49K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2962 | −0.403% | $111K | $67K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2972 | −0.067% | $2.9M | $4.0M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2966 | −0.269% | $58K | $2K | 10x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2968 | −0.212% | $40K | — | 3x | as long as short |
| 01 Exchange JUPUSD | +0.0120% | 1h | 0.2974 | 0.000% | $26K | $19K | 5x | as long as short |
| Hyperliquid JUP | +0.0166% | 1h | 0.2978 | +0.121% | $19.1M | $13.3M | 10x | as long as short |
| Phoenix JUP | +0.0190% | 1h | 0.2969 | −0.168% | $96K | $440K | 10x | as long as short |
| Extended JUP-USD | +0.0200% | 1h | 0.2969 | −0.154% | $2.2M | $505K | 25x | as long as short |
| dYdX JUP-USD | +0.0219% | 1h | 0.2973 | −0.049% | $39K | $35K | 5x | as long as short |
| Coinbase International JUP-PERP-INTXshort | +0.0256% | 1h | 0.2972 | −0.057% | $74K | $94K | 50x |
Lighter JUP
Coinbase International JUP-PERP-INTX
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
Kraken Futures PF_JUPUSD
Pacifica JUP
Deribit JUP_USDC-PERPETUAL
gTrade (Gains Network) JUP/USD
Gate JUP_USDT
Bybit JUPUSDT
Paradex JUP-USD-PERP
BloFin JUP-USDT
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
HTX JUP-USDT
Phemex JUPUSDT
Bulk JUP-USD
01 Exchange JUPUSD
Hyperliquid JUP
Phoenix JUP
Extended JUP-USD