Funding you earn now, next payment 01:00 UTC−0.0183%/8h= −20.1% APRnext payment −$0.23 per $10,000 · paid last 24h −0.045%
Price spread now: Deribit against Nado+0.083%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Deribit is 0.083% dearer against Nado than usual: you sell high and buy low (spread +0.083% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado JUP-PERP | 0.2998 | 0.0100 | pay 0.0012% / 1h | 41m 57s | $622K | $637K | 10x |
| Short | Deribit JUP_USDC-PERPETUAL | 0.3001 | −0.0083 | pay 0.0010% / 1h | 41m 57s | $55K | $16K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Nado. 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
- −$38.45
- Price spread: +0.083% → 0.000%
- $8.34
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$44.12
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 31 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 Nado live order book, 31 min ago | 2.19 bp | 8.7 bp −$9 | 41.4 bp −$414 | 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 | −0.4634% | 1h | 0.2959 | −1.317% | $3K | $206K | 5.5x | as long as short |
| Pacifica JUP | −0.0356% | 1h | 0.3003 | +0.165% | $286K | $150K | 10x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0210% / S +0.0573% | 1h | 0.3001 | +0.094% | $17K | — | 100x | as long as short |
| Kraken Futures PF_JUPUSD | −0.0101% | 1h | 0.3002 | +0.106% | $604K | $542K | 20x | as long as short |
| Deribit JUP_USDC-PERPETUALshort | −0.0083% | 1h | 0.3001 | +0.083% | $55K | $16K | 10x | |
| gTrade (Gains Network) JUP/USD | L +0.0002% / S −0.0001% | 1h | 0.3002 | +0.132% | $17K | — | 150x | as long as short |
| OKX JUP-USDT-SWAP | +0.0010% | 4h | 0.2996 | −0.083% | $4.1M | $16.1M | 50x | as long as short |
| 01 Exchange JUPUSD | +0.0024% | 1h | 0.3004 | +0.183% | $27K | $19K | 5x | as long as short |
| dYdX JUP-USD | +0.0029% | 1h | 0.3005 | +0.201% | $39K | $32K | 5x | as long as short |
| BloFin JUP-USDT | +0.0052% | 4h | 0.3003 | +0.150% | $851K | $318K | 50x | 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 | 0.2998 | −0.015% | — | — | 20x | as long as short |
| Variational Omni JUP | +0.0076% | 4h | 0.2985 | −0.449% | $723K | $776K | — | as long as short |
| Paradex JUP-USD-PERP | +0.0082% | 8h | 0.3003 | +0.153% | $9K | $13K | 10x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.3002 | +0.117% | $755K | $1.3M | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.3002 | +0.117% | $31K | $47K | 10x | as long as short |
| Nado JUP-PERPlong | +0.0100% | 1h | 0.2998 | long leg | $622K | $637K | 10x | |
| Hyperliquid JUP | +0.0100% | 1h | 0.3005 | +0.207% | $19.3M | $13.0M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.3004 | +0.185% | $116K | $336K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.3000 | +0.033% | $16.5M | $50.8M | 75x | as long as short |
| Bybit JUPUSDT | +0.0100% | 4h | 0.3000 | +0.037% | $16.4M | $21.3M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2987 | −0.378% | $62K | $8K | 10x | as long as short |
| Gate JUP_USDT | +0.0100% | 4h | 0.3001 | +0.083% | $755K | $1.6M | 75x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2999 | +0.017% | $8.0M | $7.3M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.3000 | +0.050% | $4.2M | $6.8M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.3000 | +0.050% | $5.9M | $7.2M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.3001 | +0.083% | — | $20.9M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.3001 | +0.073% | $993K | $232K | 10x | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2989 | −0.317% | $1.6M | $3.7M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2984 | −0.484% | $159K | $312K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.3006 | +0.267% | $95K | $116K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2996 | −0.083% | $113K | $57K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.3007 | +0.283% | $2.9M | $3.8M | 50x | as long as short |
| Extended JUP-USD | +0.0104% | 1h | 0.2995 | −0.104% | $2.2M | $492K | 25x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2999 | +0.017% | $41K | — | 3x | as long as short |
| Phoenix JUP | +0.0214% | 1h | 0.2989 | −0.307% | $97K | $469K | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0280% | 1h | 0.3005 | +0.227% | $75K | $89K | 50x | as long as short |
Deribit JUP_USDC-PERPETUAL
Injective JUP/USDC PERP
Pacifica JUP
GMX JUP/USD [WBTC.b-USDC]
Kraken Futures PF_JUPUSD
gTrade (Gains Network) JUP/USD
OKX JUP-USDT-SWAP
01 Exchange JUPUSD
BloFin JUP-USDT
Variational Omni JUP
Paradex JUP-USD-PERP
Lighter JUP
Hyperliquid JUP
Aster JUPUSDT
Binance JUPUSDT
Bybit JUPUSDT
Bulk JUP-USD
Gate JUP_USDT
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
Extended JUP-USD
Phoenix JUP
Coinbase International JUP-PERP-INTX