JUP

Alert

Funding spread now, next payment 14:00 UTC−0.0212%/8h

next payment, per $10,000−$0.27paid, last 24h−0.037%paid, last 5 days−0.054%to open and closeno order book

Long on Coinbase International Short on Backpack

The current rate is far above what this pair has been paying: over the last 5 days it paid -0.054% in total (about -4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.27 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	Coinbase International JUP-PERP-INTX	0.3049	0.0312	pay 0.0039% / 1h	9m 03s	$81K	$161K	50x
Short	Backpack JUP_USDC_PERP	0.3052	0.0100	get 0.0013% / 1h	9m 03s	$1.0M	$267K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee BackpackbpOrdersRate

Funding earned: −$44.52
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$64.52
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 45 min ago; Backpack: live order book, 1 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.098%
Avg gap 7d: −0.491%

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 Coinbase International live order book, 45 min ago	6.45 bp	1430.8 bp −$1,431	doesn't fit	doesn't fit	doesn't fit
Sell Backpack live order book, 1 min ago	1.64 bp	9.3 bp −$9	doesn't fit	doesn't fit	doesn't fit

JUP on 34 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective JUP/USDC PERP	−0.4448%	1h	$6K	$69K	5.5x	as long as short
Pacifica JUP	−0.0120%	1h	$293K	$180K	10x	as long as short
OKX JUP-USDT-SWAP	−0.0031%	4h	$4.4M	$16.1M	50x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	$58K	$11K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	$18K	—	150x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L +0.0028% / S +0.0018%	1h	$12K	—	100x	as long as short
Gate JUP_USDT	+0.0048%	4h	$827K	$1.8M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	—	—	20x	as long as short
BloFin JUP-USDT	+0.0086%	4h	$986K	$243K	50x	as long as short
Paradex JUP-USD-PERP	+0.0093%	8h	$10K	$15K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter JUP	+0.0096%	1h	$929K	$1.0M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0099%	4h	$26K	$34K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	$615K	$596K	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	$129K	$364K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	$17.7M	$53.1M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	$17.8M	$22.0M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	$8.4M	$6.9M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	$4.4M	$7.4M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	$5.9M	$8.8M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERPshort	+0.0100%	1h	$1.0M	$267K	10x
Variational Omni JUP	+0.0100%	4h	$734K	$1.2M	—	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	$162K	$318K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	$111K	$91K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	$116K	$84K	20x	as long as short
Bulk JUP-USD	+0.0100%	1h	$61K	$3K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	$42K	—	3x	as long as short
Phoenix JUP	+0.0105%	1h	$40K	$339K	10x	as long as short
Phemex JUPUSDT	+0.0109%	4h	$3.0M	$3.9M	50x	as long as short
Hyperliquid JUP	+0.0215%	1h	$20.3M	$12.7M	10x	as long as short
Coinbase International JUP-PERP-INTXlong	+0.0312%	1h	$81K	$161K	50x
Kraken Futures PF_JUPUSD	+0.0578%	1h	$653K	$567K	20x	as long as short
Extended JUP-USD	+0.0744%	1h	$2.3M	$321K	25x	as long as short
dYdX JUP-USD	+0.1987%	1h	$40K	$37K	5x	as long as short