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 −0.918%

Price spread now: Lighter against dYdX+0.066%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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 0.066% dearer against dYdX than usual: you sell high and buy low: +$7 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	dYdX JUP-USD	0.2967	0	get 0.0000% / 1h	48m 26s	$39K	$31K	5x
Short	Lighter JUP	0.2969	0.0096	get 0.0012% / 1h	48m 26s	$785K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against dYdX. 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 dYdXbpFee LighterbpOrdersPrice spread, now +0.066%Rate

Funding earned: $20.16
Price spread: +0.066% → 0.000%: $6.56
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $16.72
Costs to cover: 0.100%
Break-even: 1.2 days

Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 3 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 dYdX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 3 min ago	3.38 bp	10.5 bp −$10	58.2 bp −$582	doesn't fit	doesn't fit

dYdX: 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	−0.4347%	1h	0.2904	−2.109%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0353%	1h	0.2964	−0.072%	$282K	$149K	10x	as long as short
Bybit JUPUSDT	−0.0276%	4h	0.2959	−0.272%	$15.9M	$20.6M	50x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0210% / S +0.0573%	1h	0.2963	−0.123%	$16K	—	100x	as long as short
OKX JUP-USDT-SWAP	−0.0083%	4h	0.2960	−0.221%	$4.1M	$15.0M	50x	as long as short
Kraken Futures PF_JUPUSD	−0.0024%	1h	0.2964	−0.071%	$596K	$524K	20x	as long as short
01 Exchange JUPUSD	−0.0008%	1h	0.2966	−0.012%	$26K	$19K	5x	as long as short
dYdX JUP-USDlong	0.0000%	1h	0.2967	long leg	$39K	$31K	5x
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2963	−0.106%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2964	−0.075%	—	—	150x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate JUP_USDT	+0.0036%	4h	0.2964	−0.086%	$744K	$1.5M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2959	−0.270%	—	—	20x	as long as short
Variational Omni JUP	+0.0060%	4h	0.2949	−0.607%	$715K	$768K	—	as long as short
Paradex JUP-USD-PERP	+0.0084%	8h	0.2963	−0.105%	$9K	$11K	10x	as long as short
Lighter JUPshort	+0.0096%	1h	0.2969	+0.066%	$785K	$1.3M	10x
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2964	−0.086%	$31K	$44K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2962	−0.170%	$609K	$602K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2964	−0.087%	$18.9M	$11.3M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2967	+0.010%	$114K	$325K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2963	−0.103%	$16.3M	$47.5M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2971	+0.150%	$62K	$8K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2964	−0.086%	$7.5M	$6.9M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2966	−0.019%	$4.1M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2963	−0.120%	$5.8M	$6.7M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2963	−0.120%	—	$20.8M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2965	−0.063%	$982K	$235K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2951	−0.531%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2952	−0.491%	$157K	$303K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2967	+0.028%	$93K	$110K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2956	−0.356%	$111K	$55K	20x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2960	−0.220%	$2.2M	$485K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2960	−0.205%	$40K	—	3x	as long as short
Phoenix JUP	+0.0188%	1h	0.2958	−0.282%	$97K	$402K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0272%	1h	0.2967	+0.028%	$74K	$58K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2964	−0.086%	$853K	$380K	50x	as long as short
Phemex JUPUSDT	+0.0500%	4h	0.2970	+0.116%	$2.9M	$3.6M	50x	as long as short