Funding you earn now, next payment 23:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%
Price spread now: Phoenix against Coinbase International−0.007%72s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.130%−$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International JUP-PERP-INTX | 0.2987 | 0.0256 | pay 0.0032% / 1h | 47m 55s | $74K | $95K | 50x |
| Short | Phoenix JUP | 0.2987 | 0.0162 | get 0.0020% / 1h | 47m 55s | $97K | $479K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Coinbase International. 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
- −$19.82
- Price spread: −0.007% → 0.000%
- −$0.67
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$37.49
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Phoenix: live order book, 29 min ago. 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 29 min ago | 2.53 bp | 14.4 bp −$14 | 29.6 bp −$296 | doesn't fit | doesn't fit |
Coinbase International: 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 | −0.4371% | 1h | 0.2944 | −1.433% | $3K | $206K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0398% / S +0.0663% | 1h | 0.2981 | −0.209% | $15K | — | 100x | as long as short |
| Kraken Futures PF_JUPUSD | −0.0209% | 1h | 0.2981 | −0.195% | $602K | $621K | 20x | as long as short |
| Pacifica JUP | −0.0199% | 1h | 0.2982 | −0.161% | $284K | $169K | 10x | as long as short |
| Deribit JUP_USDC-PERPETUAL | 0.0000% | 1h | 0.2981 | −0.204% | $56K | $14K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0002% / S −0.0001% | 1h | 0.2982 | −0.162% | $17K | — | 150x | as long as short |
| BloFin JUP-USDT | +0.0053% | 4h | 0.2980 | −0.228% | $846K | $330K | 50x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2979 | −0.274% | — | — | 20x | as long as short |
| Bybit JUPUSDT | +0.0068% | 4h | 0.2977 | −0.315% | $16.3M | $22.9M | 50x | as long as short |
| Gate JUP_USDT | +0.0074% | 4h | 0.2980 | −0.228% | $749K | $1.8M | 75x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange JUPUSD | +0.0080% | 1h | 0.2983 | −0.124% | $26K | $19K | 5x | as long as short |
| Paradex JUP-USD-PERP | +0.0083% | 8h | 0.2980 | −0.212% | $9K | $13K | 10x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2982 | −0.157% | $799K | $1.3M | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2980 | −0.236% | $615K | $663K | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2982 | −0.175% | $109K | $363K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2980 | −0.228% | $16.4M | $53.9M | 75x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2976 | −0.362% | $4.1M | $16.4M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2983 | −0.140% | $58K | $2K | 10x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2980 | −0.228% | $8.1M | $7.7M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2982 | −0.161% | $4.3M | $7.0M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2982 | −0.161% | $5.9M | $8.1M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2979 | −0.261% | — | $20.9M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2981 | −0.187% | $987K | $246K | 10x | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.2978 | −0.290% | $718K | $1.0M | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2983 | −0.138% | $1.6M | $3.9M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2982 | −0.161% | $159K | $320K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2987 | +0.003% | $94K | $129K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2981 | −0.194% | $31K | $49K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2972 | −0.496% | $112K | $67K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2986 | −0.027% | $2.9M | $4.0M | 50x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2976 | −0.355% | $41K | — | 3x | as long as short |
| dYdX JUP-USD | +0.0115% | 1h | 0.2981 | −0.179% | $39K | $34K | 5x | as long as short |
| Phoenix JUPshort | +0.0162% | 1h | 0.2987 | −0.007% | $97K | $479K | 10x | |
| Hyperliquid JUP | +0.0195% | 1h | 0.2985 | −0.060% | $19.2M | $13.2M | 10x | as long as short |
| Extended JUP-USD | +0.0224% | 1h | 0.2978 | −0.304% | $2.2M | $506K | 25x | as long as short |
| Coinbase International JUP-PERP-INTXlong | +0.0256% | 1h | 0.2987 | long leg | $74K | $95K | 50x |
Coinbase International JUP-PERP-INTX
Phoenix JUP
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
Kraken Futures PF_JUPUSD
Pacifica JUP
Deribit JUP_USDC-PERPETUAL
gTrade (Gains Network) JUP/USD
BloFin JUP-USDT
Bybit JUPUSDT
Gate JUP_USDT
01 Exchange JUPUSD
Paradex JUP-USD-PERP
Lighter JUP
Aster JUPUSDT
Binance JUPUSDT
OKX JUP-USDT-SWAP
Bulk JUP-USD
MEXC JUP_USDT
KuCoin JUPUSDTM
Bitget JUPUSDT
BingX JUP-USDT
Backpack JUP_USDC_PERP
Variational Omni JUP
GRVT JUP_USDT_Perp
ApeX Omni JUPUSDT
Polymarket Perps JUP-USD
HTX JUP-USDT
Phemex JUPUSDT
Hyperliquid JUP
Extended JUP-USD