JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0081%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.046%

Price spread now: Hyperliquid against Nado+0.199%7-day average +0.119% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$380.384% of the position

Long on Nado Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.062%+$6 on $10k

Price spread, last 3 days (all we have)−0.451%−$45 · spread now +0.199%, 7d avg +0.119%

Together, before fees−0.389%+ Points / potential airdropNado: Active · Hyperliquid: Season 2 · farm board−$39 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 0.080% dearer against Nado than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.119%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado JUP-PERP	0.2987	0.0100	pay 0.0012% / 1h	37m 27s	$616K	$663K	10x
Short	Hyperliquid JUP	0.2993	0.0181	get 0.0023% / 1h	37m 27s	$19.2M	$13.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Nado. 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 NadobpFee HyperliquidbpOrdersPrice spread, now +0.199%Rate

Funding earned: $16.93
Price spread: +0.199% → +0.119%: $8.03
Slippage, 4 orders: −$22.36
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$13.41
Costs to cover: 0.384%
Break-even: 12.5 days

Slippage from Nado: live order book, 41 min ago; Hyperliquid: 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 Nado live order book, 41 min ago	1.01 bp	9.2 bp −$9	42.4 bp −$424	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 5 min ago	1.17 bp	9.5 bp −$10	doesn't fit	doesn't fit	doesn't fit

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	0.2950	−1.247%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0339% / S +0.0663%	1h	0.2986	−0.035%	$16K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0208%	1h	0.2988	+0.023%	$602K	$614K	20x	as long as short
Pacifica JUP	−0.0199%	1h	0.2986	−0.042%	$284K	$168K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2987	−0.022%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2990	+0.092%	$17K	—	150x	as long as short
Bybit JUPUSDT	+0.0008%	4h	0.2984	−0.105%	$16.3M	$22.9M	50x	as long as short
Gate JUP_USDT	+0.0052%	4h	0.2984	−0.109%	$748K	$1.8M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2986	−0.045%	—	—	20x	as long as short
01 Exchange JUPUSD	+0.0072%	1h	0.2990	+0.095%	$26K	$19K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX JUP-USD	+0.0080%	1h	0.2987	−0.021%	$39K	$34K	5x	as long as short
Paradex JUP-USD-PERP	+0.0086%	8h	0.2986	−0.055%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2989	+0.052%	$800K	$1.4M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2987	−0.008%	$31K	$48K	10x	as long as short
Nado JUP-PERPlong	+0.0100%	1h	0.2987	long leg	$616K	$663K	10x
Aster JUPUSDT	+0.0100%	4h	0.2989	+0.075%	$116K	$363K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2988	+0.015%	$16.4M	$53.8M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2986	−0.042%	$4.1M	$16.5M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2985	−0.075%	$58K	$2K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2988	+0.025%	$8.2M	$7.7M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2990	+0.092%	$4.3M	$7.0M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2987	−0.008%	$5.8M	$8.1M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2986	−0.042%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2987	−0.008%	$988K	$244K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2983	−0.138%	$722K	$1.0M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2989	+0.053%	$1.6M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2988	+0.025%	$159K	$320K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2993	+0.176%	$95K	$129K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2979	−0.276%	$112K	$67K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2993	+0.192%	$2.9M	$3.9M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2983	−0.139%	$41K	—	3x	as long as short
BloFin JUP-USDT	+0.0158%	4h	0.2985	−0.075%	$848K	$330K	50x	as long as short
Phoenix JUP	+0.0162%	1h	0.2990	+0.082%	$97K	$479K	10x	as long as short
Hyperliquid JUPshort	+0.0181%	1h	0.2993	+0.199%	$19.2M	$13.1M	10x
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.3000	+0.440%	$75K	$95K	50x	as long as short
Extended JUP-USD	+0.0264%	1h	0.2986	−0.042%	$2.2M	$507K	25x	as long as short