JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.027%

Price spread now: Kraken Futures against Nado+0.015%7-day average +0.139% · 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−$89as in the Price arb table

costs, in and out, $10k−$770.771% of the position

Long on Nado Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.456%+$46 on $10k

Price spread, last 4 days (all we have)+0.345%+$35 · spread now +0.015%, 7d avg +0.139%

Together, before fees+0.801%+ Points / potential airdropNado: Active · farm board+$80 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kraken Futures is 0.124% cheaper against Nado than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.139%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado JUP-PERP	0.2935	0.0100	pay 0.0012% / 1h	50m 16s	$592K	$502K	10x
Short	Kraken Futures PF_JUPUSD	0.2935	0.0096	get 0.0012% / 1h	50m 16s	$587K	$489K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.015%Rate

Funding earned: −$0.77
Price spread: +0.015% → +0.139%: −$12.36
Slippage, 4 orders: −$60.11
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$90.24
Costs to cover: 0.771%
Break-even: never at this rate

Slippage from Nado: live order book, 8 min ago; Kraken Futures: live order book, 8 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, 8 min ago	1.87 bp	9.1 bp −$9	36.7 bp −$367	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 8 min ago	17.00 bp	26.1 bp −$26	64.4 bp −$644	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	−0.4661%	1h	0.2910	−0.852%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2936	+0.026%	$16K	—	100x	as long as short
Pacifica JUP	−0.0125%	1h	0.2937	+0.081%	$280K	$147K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2936	+0.027%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2936	+0.025%	—	—	150x	as long as short
dYdX JUP-USD	+0.0002%	1h	0.2936	+0.017%	$38K	$26K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2934	−0.050%	—	—	20x	as long as short
01 Exchange JUPUSD	+0.0064%	1h	0.2937	+0.061%	$26K	$19K	5x	as long as short
Lighter JUP	+0.0096%	1h	0.2937	+0.058%	$777K	$1.0M	10x	as long as short
Kraken Futures PF_JUPUSDshort	+0.0096%	1h	0.2935	+0.015%	$587K	$489K	20x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex JUP-USD-PERP	+0.0098%	8h	0.2938	+0.109%	$9K	$11K	10x	as long as short
Nado JUP-PERPlong	+0.0100%	1h	0.2935	long leg	$592K	$502K	10x
Hyperliquid JUP	+0.0100%	1h	0.2938	+0.095%	$18.6M	$9.5M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2936	+0.018%	$113K	$288K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2934	−0.034%	$16.2M	$42.4M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2931	−0.150%	$15.8M	$18.9M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2932	−0.102%	$4.0M	$12.0M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2957	+0.750%	$62K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2933	−0.068%	$728K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2934	−0.034%	$7.3M	$6.4M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2934	−0.034%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2934	−0.034%	$5.7M	$5.8M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2934	−0.034%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2938	+0.109%	$974K	$241K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2933	−0.069%	$717K	$693K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2949	+0.477%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2950	+0.511%	$157K	$265K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2938	+0.092%	$92K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2935	0.000%	$31K	$42K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2927	−0.273%	$110K	$49K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2940	+0.170%	$2.9M	$3.2M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2930	−0.163%	$40K	—	3x	as long as short
Coinbase International JUP-PERP-INTX	+0.0208%	1h	0.2940	+0.187%	$74K	$49K	50x	as long as short
Phoenix JUP	+0.0271%	1h	0.2965	+1.019%	$99K	$304K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2936	+0.034%	$841K	$381K	50x	as long as short
Extended JUP-USD	+0.0384%	1h	0.2932	−0.086%	$2.2M	$502K	25x	as long as short