Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h +1.312%
Price spread now: dYdX against Polymarket Perps−0.094%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.094% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps JUP-USD | 0.2970 | 0.0100 | pay 0.0013% / 1h | 52m 13s | $93K | $137K | 10x |
| Short | dYdX JUP-USD | 0.2967 | 0 | get 0.0000% / 1h | 52m 13s | $39K | $36K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Polymarket Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.094% → 0.000%
- −$9.43
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$48.43
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 34 min ago; dYdX: no order-book sample. Net counts fees only.
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 Polymarket Perps live order book, 34 min ago | 12.53 bp | 16.8 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.2941 | −0.970% | $3K | $154K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0713% / S +0.0247% | 1h | 0.2966 | −0.119% | $13K | — | 100x | as long as short |
| Bybit JUPUSDT | −0.0452% | 4h | 0.2962 | −0.276% | $16.3M | $24.1M | 50x | as long as short |
| ApeX Omni JUPUSDT | −0.0172% | 1h | 0.2970 | +0.007% | $158K | $319K | 50x | as long as short |
| Backpack JUP_USDC_PERP | −0.0109% | 1h | 0.2965 | −0.155% | $983K | $270K | 10x | as long as short |
| 01 Exchange JUPUSD | −0.0104% | 1h | 0.2966 | −0.125% | $26K | $19K | 5x | as long as short |
| Gate JUP_USDT | −0.0032% | 4h | 0.2962 | −0.263% | $739K | $1.9M | 75x | as long as short |
| Deribit JUP_USDC-PERPETUAL | −0.0020% | 1h | 0.2967 | −0.111% | $56K | $14K | 10x | as long as short |
| dYdX JUP-USDshort | 0.0000% | 1h | 0.2967 | −0.094% | $39K | $36K | 5x | |
| Phoenix JUP | 0.0000% | 1h | 0.2974 | +0.141% | $95K | $447K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) JUP/USD | L +0.0002% / S −0.0001% | 1h | 0.2966 | −0.135% | $17K | — | 150x | as long as short |
| Kraken Futures PF_JUPUSD | +0.0009% | 1h | 0.2966 | −0.126% | $602K | $624K | 20x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2963 | −0.218% | — | — | 20x | as long as short |
| Paradex JUP-USD-PERP | +0.0087% | 8h | 0.2964 | −0.207% | $9K | $15K | 10x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2968 | −0.071% | $903K | $1.2M | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0099% | 4h | 0.2966 | −0.128% | $31K | $51K | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2961 | −0.288% | $597K | $676K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2967 | −0.081% | $19.0M | $14.1M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2965 | −0.162% | $107K | $366K | 10x | as long as short |
| Pacifica JUP | +0.0100% | 1h | 0.2964 | −0.195% | $282K | $184K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2965 | −0.170% | $16.5M | $56.5M | 75x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2963 | −0.229% | $4.1M | $16.7M | 50x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2965 | −0.162% | $7.9M | $8.1M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2966 | −0.128% | $4.5M | $7.3M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2963 | −0.229% | $5.7M | $8.6M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2963 | −0.229% | — | $21.5M | — | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.2970 | +0.023% | $726K | $1.2M | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2977 | +0.254% | $1.6M | $4.3M | 10x | as long as short |
| Polymarket Perps JUP-USDlong | +0.0100% | 1h | 0.2970 | long leg | $93K | $137K | 10x | |
| HTX JUP-USDT | +0.0100% | 4h | 0.2959 | −0.364% | $111K | $69K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2970 | +0.007% | $2.9M | $4.1M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2978 | +0.273% | $58K | $4K | 10x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2918 | −1.741% | $40K | — | 3x | as long as short |
| BloFin JUP-USDT | +0.0152% | 4h | 0.2966 | −0.128% | $866K | $331K | 50x | as long as short |
| Extended JUP-USD | +0.0208% | 1h | 0.2963 | −0.238% | $2.2M | $540K | 25x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0248% | 1h | 0.2988 | +0.603% | $74K | $95K | 50x | as long as short |
Polymarket Perps JUP-USD
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
Bybit JUPUSDT
ApeX Omni JUPUSDT
Backpack JUP_USDC_PERP
01 Exchange JUPUSD
Gate JUP_USDT
Deribit JUP_USDC-PERPETUAL
Phoenix JUP
gTrade (Gains Network) JUP/USD
Kraken Futures PF_JUPUSD
Paradex JUP-USD-PERP
Lighter JUP
Hyperliquid JUP
Aster JUPUSDT
Pacifica JUP
Binance JUPUSDT
OKX JUP-USDT-SWAP
MEXC JUP_USDT
KuCoin JUPUSDTM
Bitget JUPUSDT
BingX JUP-USDT
Variational Omni JUP
GRVT JUP_USDT_Perp
HTX JUP-USDT
Phemex JUPUSDT
Bulk JUP-USD
BloFin JUP-USDT
Extended JUP-USD
Coinbase International JUP-PERP-INTX