JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0141%/8h= +15.5% APRnext payment +$0.18 per $10,000 · paid last 24h +0.058%

Price spread now: Polymarket Perps against Pacifica+0.160%7-day average +0.116% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$520.523% of the position

Long on Pacifica Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 4 days (all we have)+0.198%+$20 · spread now +0.160%, 7d avg +0.116%

Together, before fees+0.228%+ Points / potential airdropPacifica: Active · farm board+$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Polymarket Perps is 0.044% dearer against Pacifica than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.116%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica JUP	0.2935	−0.0041	get 0.0005% / 1h	8m 54s	$280K	$138K	10x
Short	Polymarket Perps JUP-USD	0.2939	0.0100	get 0.0013% / 1h	8m 54s	$93K	$104K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Pacifica. 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 PacificabpFee Polymarket PerpsbpOrdersPrice spread, now +0.160%Rate

Funding earned: $29.64
Price spread: +0.160% → +0.116%: $4.43
Slippage, 4 orders: −$36.3
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$18.23
Costs to cover: 0.523%
Break-even: 11.3 days

Slippage from Pacifica: live order book, 34 min ago; Polymarket Perps: live order book, 33 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 Pacifica live order book, 34 min ago	1.71 bp	11.6 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 33 min ago	10.72 bp	15.2 bp −$15	15.4 bp −$154	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	−0.5000%	1h	0.2906	−0.978%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2934	−0.027%	$16K	—	100x	as long as short
Pacifica JUPlong	−0.0041%	1h	0.2935	long leg	$280K	$138K	10x
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2934	−0.019%	—	—	150x	as long as short
dYdX JUP-USD	+0.0036%	1h	0.2935	+0.025%	$39K	$16K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2937	+0.062%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2939	+0.154%	$760K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0100%	8h	0.2934	−0.019%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2938	+0.104%	$573K	$490K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2937	+0.092%	$18.1M	$8.9M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster JUPUSDT	+0.0100%	4h	0.2937	+0.062%	$106K	$280K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2936	+0.038%	$16.1M	$39.0M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2934	−0.020%	$15.9M	$17.4M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2935	+0.011%	$4.1M	$10.4M	50x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2936	+0.045%	$701K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2935	+0.011%	$6.7M	$5.6M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2937	+0.079%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2936	+0.045%	$5.8M	$5.0M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2936	+0.045%	—	$20.5M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2938	+0.096%	$972K	$227K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2931	−0.127%	$710K	$531K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2936	+0.050%	$1.6M	$4.1M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2934	−0.024%	$162K	$254K	50x	as long as short
Polymarket Perps JUP-USDshort	+0.0100%	1h	0.2939	+0.160%	$93K	$104K	10x
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2938	+0.113%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2929	−0.194%	$110K	$43K	20x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2934	−0.006%	$61K	$2K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2937	+0.079%	$40K	—	3x	as long as short
Deribit JUP_USDC-PERPETUAL	+0.0125%	1h	0.2938	+0.123%	$53K	$17K	10x	as long as short
01 Exchange JUPUSD	+0.0208%	1h	0.2938	+0.126%	$26K	$6K	5x	as long as short
Phoenix JUP	+0.0244%	1h	0.2938	+0.116%	$98K	$285K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0304%	1h	0.2940	+0.198%	$74K	$48K	50x	as long as short
Extended JUP-USD	+0.0320%	1h	0.2934	−0.026%	$2.2M	$572K	25x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2938	+0.113%	$823K	$374K	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0374%	1h	0.2938	+0.116%	$579K	$418K	20x	as long as short
Phemex JUPUSDT	+0.0507%	4h	0.2942	+0.249%	$2.9M	$3.0M	50x	as long as short