JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0360%/8h= +39.4% APRnext payment +$0.45 per $10,000 · paid last 24h +0.063%

Price spread now: Extended against Lighter−0.138%7-day average −0.166% · you buy dearer than you sell

Net, funding: paid 7d − costs+$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$410.413% of the position

Long on Lighter Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.705%+$71 on $10k

Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.138%, 7d avg −0.166%

Together, before fees+0.658%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$66 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Extended is 0.028% dearer against Lighter than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.166%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter JUP	0.2952	0.0096	pay 0.0012% / 1h	9m 07s	$780K	$1.3M	10x
Short	Extended JUP-USD	0.2948	0.0456	get 0.0057% / 1h	9m 07s	$2.2M	$487K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.138%Rate

Funding earned: $75.6
Price spread: −0.138% → −0.166%: $2.78
Slippage, 4 orders: −$36.26
Fee Lighter: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $37.12
Costs to cover: 0.413%
Break-even: 3.6 days

Slippage from Lighter: live order book, 2 min ago; Extended: live order book, 5 min ago.

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, 2 min ago	2.36 bp	5.6 bp −$6	45.4 bp −$454	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	5.06 bp	10.7 bp −$11	doesn't fit	doesn't fit	doesn't fit

JUP on 35 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	−0.4347%	1h	0.2917	−1.172%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0353%	1h	0.2949	−0.103%	$281K	$147K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0619%	1h	0.2949	−0.090%	$16K	—	100x	as long as short
Bybit JUPUSDT	−0.0149%	4h	0.2947	−0.156%	$15.8M	$19.7M	50x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0055%	1h	0.2949	−0.088%	$54K	$16K	10x	as long as short
Kraken Futures PF_JUPUSD	−0.0024%	1h	0.2951	−0.037%	$589K	$506K	20x	as long as short
OKX JUP-USDT-SWAP	−0.0013%	4h	0.2947	−0.156%	$4.0M	$13.3M	50x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2950	−0.062%	—	—	150x	as long as short
Variational Omni JUP	+0.0026%	4h	0.2953	+0.047%	$721K	$750K	—	as long as short
Gate JUP_USDT	+0.0052%	4h	0.2949	−0.088%	$736K	$1.5M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya JUPRUSDPERP	+0.0057%	1h	0.2947	−0.164%	—	—	20x	as long as short
dYdX JUP-USD	+0.0070%	1h	0.2949	−0.074%	$39K	$28K	5x	as long as short
Paradex JUP-USD-PERP	+0.0093%	8h	0.2948	−0.111%	$9K	$11K	10x	as long as short
Lighter JUPlong	+0.0096%	1h	0.2952	long leg	$780K	$1.3M	10x
Nado JUP-PERP	+0.0100%	1h	0.2946	−0.190%	$596K	$528K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2952	−0.003%	$18.7M	$10.2M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2950	−0.047%	$114K	$317K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2950	−0.054%	$16.3M	$44.8M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2956	+0.149%	$62K	$8K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2949	−0.088%	$7.3M	$7.0M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2950	−0.054%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2949	−0.088%	$5.7M	$6.3M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2948	−0.122%	—	$20.8M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2949	−0.085%	$976K	$236K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2960	+0.285%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2955	+0.115%	$157K	$285K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2950	−0.058%	$93K	$109K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2949	−0.088%	$31K	$43K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2941	−0.359%	$111K	$48K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2954	+0.081%	$2.9M	$3.5M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2948	−0.139%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0144%	1h	0.2948	−0.129%	$26K	$19K	5x	as long as short
Phoenix JUP	+0.0188%	1h	0.2954	+0.085%	$97K	$402K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0272%	1h	0.2954	+0.071%	$74K	$51K	50x	as long as short
Extended JUP-USDshort	+0.0456%	1h	0.2948	−0.138%	$2.2M	$487K	25x