JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0149%/8h= −16.3% APRnext payment −$0.19 per $10,000 · paid last 24h −0.041%

Price spread now: Deribit against Lighter−0.118%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.260%−$26 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

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Deribit is 0.118% cheaper against Lighter than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

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	57m 09s	$912K	$1.2M	10x
Short	Deribit JUP_USDC-PERPETUAL	0.2971	−0.0053	pay 0.0007% / 1h	57m 09s	$57K	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Lighter. 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 LighterbpFee DeribitbpOrdersPrice spread, now −0.118%Rate

Funding earned: −$31.27
Price spread: −0.118% → 0.000%: −$11.77
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$50.04
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 4 min ago; Deribit: 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, 4 min ago	3.19 bp	5.3 bp −$5	41.8 bp −$418	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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	0.2941	−1.113%	$47K	$110K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0696% / S +0.0242%	1h	0.2972	−0.084%	$13K	—	100x	as long as short
Backpack JUP_USDC_PERP	−0.0411%	1h	0.2971	−0.091%	$985K	$274K	10x	as long as short
Bybit JUPUSDT	−0.0355%	4h	0.2968	−0.205%	$16.3M	$24.2M	50x	as long as short
01 Exchange JUPUSD	−0.0256%	1h	0.2967	−0.235%	$26K	$19K	5x	as long as short
Deribit JUP_USDC-PERPETUALshort	−0.0053%	1h	0.2971	−0.118%	$57K	$13K	10x
Gate JUP_USDT	−0.0014%	4h	0.2966	−0.272%	$740K	$1.9M	75x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2972	−0.071%	$39K	$38K	5x	as long as short
Phoenix JUP	0.0000%	1h	0.2974	−0.003%	$95K	$447K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2971	−0.113%	$17K	—	150x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_JUPUSD	+0.0009%	1h	0.2972	−0.059%	$603K	$624K	20x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2968	−0.203%	—	—	20x	as long as short
BloFin JUP-USDT	+0.0078%	4h	0.2968	−0.205%	$870K	$331K	50x	as long as short
Paradex JUP-USD-PERP	+0.0088%	8h	0.2967	−0.232%	$9K	$15K	10x	as long as short
Lighter JUPlong	+0.0096%	1h	0.2974	long leg	$912K	$1.2M	10x
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2970	−0.138%	$31K	$51K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2967	−0.239%	$597K	$676K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2975	+0.037%	$19.1M	$14.1M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2970	−0.138%	$107K	$367K	10x	as long as short
Pacifica JUP	+0.0100%	1h	0.2968	−0.197%	$283K	$184K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2970	−0.138%	$16.5M	$56.6M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2969	−0.171%	$4.1M	$16.7M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2970	−0.138%	$8.0M	$8.0M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2972	−0.071%	$4.5M	$7.3M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2968	−0.205%	$5.7M	$8.6M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2968	−0.205%	—	$21.5M	—	as long as short
Variational Omni JUP	+0.0100%	4h	0.2979	+0.149%	$728K	$1.2M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2978	+0.129%	$1.6M	$4.3M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2975	+0.030%	$158K	$320K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2973	−0.040%	$94K	$138K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2962	−0.407%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2975	+0.030%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2978	+0.128%	$58K	$4K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2968	−0.220%	$40K	—	3x	as long as short
Extended JUP-USD	+0.0224%	1h	0.2967	−0.233%	$2.2M	$542K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0248%	1h	0.2988	+0.457%	$74K	$95K	50x	as long as short