JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0435%/8h= −47.6% APRnext payment −$0.54 per $10,000 · paid last 24h −0.040%

Price spread now: Pacifica against ApeX Omni−0.167%51s7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$600.595% of the position

Long on ApeX Omni Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.261%−$26 on $10k

Price spread, last 3 days (all we have)−0.026%−$3 · spread now −0.167%, 7d avg −0.054%

Together, before fees−0.286%+ Points / potential airdropPacifica: Active · farm board−$29 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Pacifica is 0.114% cheaper against ApeX Omni than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.054%). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.261% in total (about -13.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.54 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni JUPUSDT	0.2946	0.0100	pay 0.0013% / 1h	30m 35s	$157K	$319K	50x
Short	Pacifica JUP	0.2941	−0.0335	pay 0.0042% / 1h	30m 35s	$280K	$172K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against ApeX Omni. 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 ApeX OmnibpFee PacificabpOrdersPrice spread, now −0.167%Rate

Funding earned: −$91.34
Price spread: −0.167% → −0.054%: −$11.35
Slippage, 4 orders: −$41.5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$162.19
Costs to cover: 0.595%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 52 min ago; Pacifica: live order book, 53 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 ApeX Omni live order book, 52 min ago	6.72 bp	20.4 bp −$20	111.4 bp −$1,114	doesn't fit	doesn't fit
Sell Pacifica live order book, 53 min ago	1.68 bp	10.2 bp −$10	doesn't fit	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	−0.3508%	1h	0.2918	−0.950%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0473% / S +0.0334%	1h	0.2945	−0.047%	$15K	—	100x	as long as short
Pacifica JUPshort	−0.0335%	1h	0.2941	−0.167%	$280K	$172K	10x
Kraken Futures PF_JUPUSD	−0.0177%	1h	0.2943	−0.101%	$598K	$619K	20x	as long as short
01 Exchange JUPUSD	−0.0096%	1h	0.2942	−0.126%	$26K	$19K	5x	as long as short
Gate JUP_USDT	−0.0030%	4h	0.2940	−0.204%	$735K	$1.9M	75x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2943	−0.092%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2944	−0.083%	$17K	—	150x	as long as short
Bybit JUPUSDT	+0.0023%	4h	0.2938	−0.275%	$16.1M	$23.7M	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2940	−0.199%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX JUP-USD	+0.0057%	1h	0.2943	−0.116%	$38K	$35K	5x	as long as short
Paradex JUP-USD-PERP	+0.0064%	8h	0.2941	−0.166%	$9K	$14K	10x	as long as short
BloFin JUP-USDT	+0.0087%	4h	0.2939	−0.238%	$843K	$326K	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2944	−0.081%	$789K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2940	−0.204%	$610K	$673K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2946	+0.008%	$18.9M	$13.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2943	−0.102%	$106K	$365K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2941	−0.163%	$16.2M	$55.7M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2940	−0.204%	$4.0M	$16.5M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2941	−0.170%	$8.0M	$8.0M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2943	−0.102%	$4.3M	$7.2M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2941	−0.170%	$5.6M	$8.4M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2940	−0.204%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2943	−0.105%	$974K	$259K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2943	−0.096%	$712K	$1.1M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2947	+0.020%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDTlong	+0.0100%	1h	0.2946	long leg	$157K	$319K	50x
Polymarket Perps JUP-USD	+0.0100%	1h	0.2946	−0.007%	$93K	$134K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2943	−0.102%	$31K	$51K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2935	−0.373%	$110K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2945	−0.034%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2941	−0.155%	$57K	$3K	10x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2939	−0.221%	$2.2M	$541K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2944	−0.079%	$40K	—	3x	as long as short
Phoenix JUP	+0.0190%	1h	0.2950	+0.122%	$94K	$441K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0264%	1h	0.2989	+1.477%	$74K	$93K	50x	as long as short