JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.048%

Price spread now: Lighter against Deribit+0.061%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.269%+$27 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.061% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit JUP_USDC-PERPETUAL	0.2963	0	get 0.0000% / 1h	21m 05s	$54K	$16K	10x
Short	Lighter JUP	0.2965	0.0096	get 0.0012% / 1h	21m 05s	$784K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Deribit. 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 DeribitbpFee LighterbpOrdersPrice spread, now +0.061%Rate

Funding earned: $20.16
Price spread: +0.061% → 0.000%: $6.07
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: $19.23
Costs to cover: 0.070%
Break-even: 0.3 days

Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 5 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 Deribit no order-book sample	—	—	—	—	—
Sell Lighter live order book, 5 min ago	4.04 bp	5.0 bp −$5	49.5 bp −$495	doesn't fit	doesn't fit

Deribit: 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 35 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	−0.4347%	1h	0.2917	−1.556%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0353%	1h	0.2960	−0.089%	$282K	$148K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0619%	1h	0.2963	−0.016%	$16K	—	100x	as long as short
Bybit JUPUSDT	−0.0209%	4h	0.2957	−0.202%	$15.9M	$20.0M	50x	as long as short
OKX JUP-USDT-SWAP	−0.0046%	4h	0.2958	−0.172%	$4.1M	$13.8M	50x	as long as short
Kraken Futures PF_JUPUSD	−0.0024%	1h	0.2964	+0.016%	$592K	$515K	20x	as long as short
Deribit JUP_USDC-PERPETUALlong	0.0000%	1h	0.2963	long leg	$54K	$16K	10x
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2963	−0.013%	—	—	150x	as long as short
Variational Omni JUP	+0.0014%	4h	0.2958	−0.174%	$722K	$751K	—	as long as short
dYdX JUP-USD	+0.0027%	1h	0.2963	+0.010%	$39K	$29K	5x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate JUP_USDT	+0.0034%	4h	0.2962	−0.037%	$739K	$1.5M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2962	−0.038%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0091%	8h	0.2961	−0.055%	$9K	$11K	10x	as long as short
Lighter JUPshort	+0.0096%	1h	0.2965	+0.061%	$784K	$1.3M	10x
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2962	−0.037%	$31K	$43K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2961	−0.079%	$601K	$535K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2964	+0.044%	$18.8M	$10.7M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2964	+0.019%	$114K	$321K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2961	−0.084%	$16.4M	$45.5M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2964	+0.030%	$62K	$8K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2960	−0.105%	$7.4M	$7.0M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2963	−0.003%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2960	−0.105%	$5.8M	$6.4M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2961	−0.071%	—	$20.8M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2962	−0.051%	$981K	$235K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2964	+0.030%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2963	−0.003%	$157K	$288K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2965	+0.054%	$94K	$109K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2957	−0.206%	$112K	$49K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2968	+0.165%	$2.9M	$3.5M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2959	−0.127%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0128%	1h	0.2965	+0.054%	$26K	$19K	5x	as long as short
Phoenix JUP	+0.0188%	1h	0.2967	+0.138%	$98K	$402K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0272%	1h	0.2967	+0.145%	$75K	$51K	50x	as long as short
Extended JUP-USD	+0.0432%	1h	0.2961	−0.065%	$2.2M	$486K	25x	as long as short