JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0081%/8h= −8.9% APRnext payment −$0.10 per $10,000 · paid last 24h +1.307%

Price spread now: dYdX against Lighter−0.125%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 dYdX

What this pair did over the last

the charts below follow

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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and dYdX is 0.125% 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	0.2965	0.0096	pay 0.0012% / 1h	46m 28s	$900K	$1.2M	10x
Short	dYdX JUP-USD	0.2961	0.0015	get 0.0002% / 1h	46m 28s	$39K	$36K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.125%Rate

Funding earned: −$17.04
Price spread: −0.125% → 0.000%: −$12.48
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$39.52
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 5 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 Lighter live order book, 5 min ago	2.02 bp	9.3 bp −$9	41.5 bp −$415	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	0.2934	−1.036%	$3K	$154K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0731% / S +0.0253%	1h	0.2963	−0.072%	$13K	—	100x	as long as short
Bybit JUPUSDT	−0.0400%	4h	0.2958	−0.223%	$16.2M	$24.1M	50x	as long as short
Backpack JUP_USDC_PERP	−0.0070%	1h	0.2961	−0.111%	$982K	$270K	10x	as long as short
Gate JUP_USDT	−0.0032%	4h	0.2959	−0.192%	$738K	$1.9M	75x	as long as short
Phoenix JUP	0.0000%	1h	0.2966	+0.037%	$94K	$447K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2963	−0.057%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2963	−0.047%	$17K	—	150x	as long as short
Kraken Futures PF_JUPUSD	+0.0009%	1h	0.2963	−0.064%	$601K	$624K	20x	as long as short
dYdX JUP-USDshort	+0.0015%	1h	0.2961	−0.125%	$39K	$36K	5x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange JUPUSD	+0.0024%	1h	0.2965	+0.003%	$26K	$19K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2959	−0.207%	—	—	20x	as long as short
BloFin JUP-USDT	+0.0068%	4h	0.2959	−0.192%	$866K	$330K	50x	as long as short
Paradex JUP-USD-PERP	+0.0089%	8h	0.2961	−0.139%	$9K	$15K	10x	as long as short
Lighter JUPlong	+0.0096%	1h	0.2965	long leg	$900K	$1.2M	10x
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2963	−0.057%	$31K	$51K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2959	−0.201%	$597K	$668K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2964	−0.010%	$19.0M	$14.1M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2963	−0.055%	$107K	$366K	10x	as long as short
Pacifica JUP	+0.0100%	1h	0.2961	−0.110%	$282K	$185K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2961	−0.125%	$16.4M	$56.4M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2959	−0.192%	$4.1M	$16.7M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2965	−0.001%	$58K	$4K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2961	−0.125%	$8.1M	$8.1M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2963	−0.057%	$4.5M	$7.3M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2961	−0.125%	$5.7M	$8.6M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2960	−0.159%	—	$21.6M	—	as long as short
Variational Omni JUP	+0.0100%	4h	0.2960	−0.175%	$724K	$1.2M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2961	−0.119%	$1.6M	$4.2M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2964	−0.024%	$158K	$320K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2965	+0.010%	$94K	$137K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2961	−0.125%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2967	+0.078%	$2.9M	$4.1M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2958	−0.226%	$40K	—	3x	as long as short
Extended JUP-USD	+0.0240%	1h	0.2959	−0.192%	$2.2M	$539K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0248%	1h	0.2988	+0.776%	$74K	$95K	50x	as long as short