JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Lighter against Nado+0.129%7-day average +0.104% · 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−$38as in the Price arb table

costs, in and out, $10k−$410.407% of the position

Long on Nado Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.003%$0 on $10k

Price spread, last 4 days (all we have)−1.889%−$189 · spread now +0.129%, 7d avg +0.104%

Together, before fees−1.886%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board−$189 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: Lighter is 0.025% dearer against Nado than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.104%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado JUP-PERP	0.2953	0.0100	pay 0.0012% / 1h	30m 35s	$600K	$602K	10x
Short	Lighter JUP	0.2957	0.0096	get 0.0012% / 1h	30m 35s	$781K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.129%Rate

Funding earned: −$0.84
Price spread: +0.129% → +0.104%: $2.5
Slippage, 4 orders: −$33.72
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: −$39.05
Costs to cover: 0.407%
Break-even: never at this rate

Slippage from Nado: live order book, 38 min ago; Lighter: live order book, 6 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, 38 min ago	1.99 bp	10.2 bp −$10	48.6 bp −$486	doesn't fit	doesn't fit
Sell Lighter live order book, 6 min ago	3.56 bp	12.1 bp −$12	54.7 bp −$547	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	0.2901	−1.761%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0353%	1h	0.2953	+0.002%	$281K	$149K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0619%	1h	0.2952	−0.033%	$16K	—	100x	as long as short
Bybit JUPUSDT	−0.0248%	4h	0.2952	−0.030%	$15.9M	$20.3M	50x	as long as short
OKX JUP-USDT-SWAP	−0.0069%	4h	0.2954	+0.034%	$4.1M	$14.5M	50x	as long as short
Kraken Futures PF_JUPUSD	−0.0024%	1h	0.2954	+0.022%	$591K	$526K	20x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2954	+0.017%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2952	−0.034%	—	—	150x	as long as short
Gate JUP_USDT	+0.0006%	4h	0.2952	−0.034%	$731K	$1.5M	75x	as long as short
Variational Omni JUP	+0.0009%	4h	0.2947	−0.202%	$720K	$751K	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX JUP-USD	+0.0018%	1h	0.2954	+0.018%	$39K	$29K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2954	+0.036%	—	—	20x	as long as short
01 Exchange JUPUSD	+0.0080%	1h	0.2957	+0.146%	$26K	$19K	5x	as long as short
Paradex JUP-USD-PERP	+0.0089%	8h	0.2953	−0.010%	$9K	$11K	10x	as long as short
Lighter JUPshort	+0.0096%	1h	0.2957	+0.129%	$781K	$1.3M	10x
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2954	+0.034%	$31K	$43K	10x	as long as short
Nado JUP-PERPlong	+0.0100%	1h	0.2953	long leg	$600K	$602K	10x
Hyperliquid JUP	+0.0100%	1h	0.2956	+0.108%	$18.8M	$11.1M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2953	−0.002%	$114K	$323K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2955	+0.056%	$16.3M	$46.6M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2936	−0.571%	$61K	$8K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2953	0.000%	$7.4M	$7.0M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2954	+0.034%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2955	+0.068%	$5.7M	$6.5M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2953	0.000%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2953	+0.007%	$978K	$237K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2948	−0.169%	$1.6M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2948	−0.169%	$157K	$302K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2958	+0.156%	$94K	$110K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2945	−0.271%	$111K	$49K	20x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2950	−0.086%	$40K	—	3x	as long as short
Phoenix JUP	+0.0188%	1h	0.2952	−0.044%	$97K	$402K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0272%	1h	0.2953	−0.017%	$74K	$52K	50x	as long as short
Extended JUP-USD	+0.0296%	1h	0.2953	+0.016%	$2.2M	$486K	25x	as long as short
Phemex JUPUSDT	+0.0300%	4h	0.2957	+0.135%	$2.9M	$3.6M	50x	as long as short