JUP

Alert

Funding spread now, next payment 13:00 UTC+0.0220%/8h

next payment, per $10,000+$0.28paid, last 24h+0.034%paid, last 5 days+0.050%to open and close $10k−$62

Long on Backpack Short on Coinbase International

The current rate is far above what this pair has been paying: over the last 5 days it paid 0.050% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.28 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	Backpack JUP_USDC_PERP	0.3037	0.0100	pay 0.0013% / 1h	59m 37s	$1.0M	$260K	10x
Short	Coinbase International JUP-PERP-INTX	0.3044	0.0320	get 0.0040% / 1h	59m 37s	$81K	$154K	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee Coinbase InternationalbpOrdersRate

Funding earned: $46.2
Slippage, 4 orders: −$41.74
Fee Backpack: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$15.54
Break-even: 9.4 days

Slippage from Backpack: live order book, 1 min ago; Coinbase International: live order book, 60 min ago.

Price risk

price view

Price gap now: +0.240%
Avg gap 7d: +0.493%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Backpack live order book, 1 min ago	1.48 bp	7.3 bp −$7	709.6 bp −$7,096	doesn't fit	doesn't fit
Sell Coinbase International live order book, 60 min ago	5.25 bp	28.4 bp −$28	doesn't fit	doesn't fit	doesn't fit

JUP on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective JUP/USDC PERP	−0.3381%	1h	$3K	$63K	5.5x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0079%	1h	$56K	$10K	10x	as long as short
OKX JUP-USDT-SWAP	−0.0010%	4h	$4.3M	$15.6M	50x	as long as short
01 Exchange JUPUSD	0.0000%	1h	$27K	$20K	5x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	$17K	—	150x	as long as short
Pacifica JUP	+0.0035%	1h	$290K	$158K	10x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	—	—	20x	as long as short
BloFin JUP-USDT	+0.0069%	4h	$972K	$262K	50x	as long as short
Gate JUP_USDT	+0.0082%	4h	$839K	$1.7M	75x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L +0.0084% / S −0.0010%	1h	$14K	—	100x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Orderly PERP_JUP_USDC	+0.0096%	4h	$25K	$34K	10x	as long as short
Paradex JUP-USD-PERP	+0.0096%	8h	$10K	$15K	10x	as long as short
Lighter JUP	+0.0096%	1h	$993K	$877K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	$616K	$568K	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	$109K	$320K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	$17.5M	$50.5M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	$17.7M	$20.7M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	$61K	$3K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	$8.6M	$6.6M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	$4.3M	$7.3M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	$5.9M	$8.6M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERPlong	+0.0100%	1h	$1.0M	$260K	10x
Variational Omni JUP	+0.0100%	4h	$738K	$1.2M	—	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	$168K	$314K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	$111K	$92K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	$116K	$83K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	$3.0M	$3.8M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	$41K	—	3x	as long as short
Phoenix JUP	+0.0157%	1h	$41K	$339K	10x	as long as short
Coinbase International JUP-PERP-INTXshort	+0.0320%	1h	$81K	$154K	50x
Extended JUP-USD	+0.0592%	1h	$2.3M	$296K	25x	as long as short
Kraken Futures PF_JUPUSD	+0.0597%	1h	$654K	$566K	20x	as long as short
Hyperliquid JUP	+0.0745%	1h	$20.5M	$12.0M	10x	as long as short
dYdX JUP-USD	+0.2239%	1h	$40K	$37K	5x	as long as short