JUP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhoenixJUP	0.2455	−0.0096	get 0.0012% / 1h	59m 29s	$28K	$100K	10x	Long Phoenix
SHORT	TxFlowJUP-USDC	0.2453	−0.0122	pay 0.0015% / 1h	59m 29s	$428K	$237K	50x	Short TxFlow5% off

Price gap−0.077%

Funding gap−0.0026% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.077% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$16−0.0026% /8h now · paid −0.163% over the last 7D

Price—spread −0.077% now · no price history on both exchanges yet

Costs−$590.586% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropTxFlow: points · farm boardneeds both price histories

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.077%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

JUP on 34 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

Watch: Thin at this size16.1 / 12.3 bp
At $10k entering Phoenix costs 16.1 bp, fee and slippage, 1.3× TxFlow’s.
Note: Margin at max leverage$1,000 + $200
Phoenix 10x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$0.79Long Phoenix: 24 payments, +$2.88; short TxFlow: 24 payments, −$3.67.
Note: No 7-day spread history−0.077%
The gap cannot be compared with its average yet.
Watch: Long leg is thinner$28K vs $428K OI
Phoenix sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points
Volume here counts toward the points program.
OK: No KYC on either legPhoenix No · TxFlow No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0077%/8h × 21 periods−$16.25

Price spread−0.077% → 0−$7.74

Slippage, 4 orderslive order books−$42.64

Fee Phoenix bp × 2 orders−$7.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k−$82.64

Costs to cover0.586%Break-evennever at this rate

Slippage: Phoenix: live order book, 52 min ago; TxFlow: live order book, 26 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhoenix4.0116.1 bp−$1632.0 bp−$320doesn’t fitdoesn’t fit

SELL · SHORTTxFlow2.0812.3 bp−$1248.1 bp−$481doesn’t fitdoesn’t fit

Closing costs about the same again.

JUP news

posts that mention JUP, from every exchangeSearch all news →

10-20 14:12	Jupiter Perps	Product	Q3 ASR now LIVE for all wallets. Claim & Stake your JUP rewards. @JupiterExchange on X ↗
10-13 09:03	Jupiter Perps	Product	ASR for Q3 is LIVE - July to September - 50 million $JUP - Distributed by time weighted stake Claim & add to your staked balance. @JupiterExchange on X ↗
09-28 15:16	Phoenix	Contest	It’s Solana Ecosystem week on Frontier Traders. Trade SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, and FARTCOIN perpetuals on Phoenix to compete for a $25,000 prize pool across Volume and PnL leaderboards. @PhoenixTrade on X ↗
09-25 14:48	Phoenix	Contest	$SOL went up, and so did the rewards. Earn an additional $25k in rewards for trading @solana ecosystem tokens on Phoenix this week, courtesy of @joinfrontier SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, FART @PhoenixTrade on X ↗
09-22 09:30	Jupiter Perps	Listing	New Perps markets are LIVE and $JUP stakers get first dibs. HYPE. ZEC. SPCX. SKHYNIX. SNDK, JUP Stake 69 $JUP and trade them today. This is BETA, and more markets are coming. Go trade now: @JupiterExchange on X ↗

JUP