JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0103%/8h= −11.2% APRnext payment −$0.13 per $10,000 · paid last 24h −0.039%

Price spread now: Kraken Futures against Extended+0.107%7-day average +0.171% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$730.732% of the position

Long on Extended Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.075%−$8 on $10k

Price spread, last 4 days (all we have)+0.221%+$22 · spread now +0.107%, 7d avg +0.171%

Together, before fees+0.145%+ Points / potential airdropExtended: Active · farm board+$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kraken Futures is 0.064% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.171%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended JUP-USD	0.2955	0.0280	pay 0.0035% / 1h	26m 13s	$2.2M	$500K	25x
Short	Kraken Futures PF_JUPUSD	0.2958	0.0177	get 0.0022% / 1h	26m 13s	$591K	$467K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Extended. 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 ExtendedbpFee Kraken FuturesbpOrdersPrice spread, now +0.107%Rate

Funding earned: −$21.56
Price spread: +0.107% → +0.171%: −$6.4
Slippage, 4 orders: −$58.25
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$101.2
Costs to cover: 0.732%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; Kraken Futures: live order book, 27 min ago.

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 Extended live order book, 2 min ago	5.06 bp	13.6 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 27 min ago	16.83 bp	22.8 bp −$23	112.8 bp −$1,128	doesn't fit	doesn't fit

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	−0.5000%	1h	0.2926	−0.978%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2957	+0.058%	$16K	—	100x	as long as short
Pacifica JUP	−0.0183%	1h	0.2954	−0.046%	$281K	$146K	10x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2956	+0.053%	$39K	$21K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2958	+0.088%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2956	+0.043%	—	—	150x	as long as short
Backpack JUP_USDC_PERP	+0.0039%	1h	0.2956	+0.044%	$977K	$185K	10x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2954	−0.032%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2958	+0.115%	$780K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0100%	8h	0.2952	−0.113%	$9K	$11K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado JUP-PERP	+0.0100%	1h	0.2952	−0.106%	$595K	$488K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2958	+0.119%	$18.6M	$9.2M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2957	+0.060%	$110K	$286K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2955	+0.004%	$16.2M	$39.8M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2954	−0.030%	$16.0M	$17.7M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2956	+0.037%	$4.0M	$11.1M	50x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2955	+0.004%	$733K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2956	+0.037%	$7.3M	$6.2M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2956	+0.037%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2956	+0.037%	$5.8M	$5.3M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2956	+0.037%	—	$20.7M	—	as long as short
Variational Omni JUP	+0.0100%	4h	0.2965	+0.341%	$723K	$625K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2963	+0.275%	$1.6M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2966	+0.376%	$164K	$254K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2958	+0.098%	$93K	$105K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2957	+0.071%	$30K	$41K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2945	−0.335%	$111K	$44K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2959	+0.139%	$2.9M	$3.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2954	−0.030%	$61K	−$0	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2956	+0.024%	$40K	—	3x	as long as short
Kraken Futures PF_JUPUSDshort	+0.0177%	1h	0.2958	+0.107%	$591K	$467K	20x
01 Exchange JUPUSD	+0.0184%	1h	0.2953	−0.054%	$26K	$17K	5x	as long as short
Phoenix JUP	+0.0216%	1h	0.2967	+0.400%	$98K	$283K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0240%	1h	0.2962	+0.241%	$75K	$50K	50x	as long as short
Extended JUP-USDlong	+0.0280%	1h	0.2955	long leg	$2.2M	$500K	25x
BloFin JUP-USDT	+0.0340%	4h	0.2956	+0.037%	$830K	$375K	50x	as long as short