Funding you earn now, next payment 23:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.06 per $10,000 · paid last 24h −0.077%
Price spread now: Nado against Extended+0.020%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$420.421% of the position
Funding, last 3 days (all we have)−0.249%−$25 on $10k
+Price spread, last 3 days (all we have)+0.472%+$47 · spread now +0.020%, 7d avg +0.064%
=Together, before fees+0.223%+ Points / potential airdropExtended: Active · Nado: Active · farm board+$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.044% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.064%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended JUP-USD | 0.2956 | 0.0144 | pay 0.0018% / 1h | 19m 33s | $2.2M | $503K | 25x |
| Short | Nado JUP-PERP | 0.2957 | 0.0100 | get 0.0012% / 1h | 19m 33s | $612K | $671K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Extended. 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
- −$9.24
- Price spread: +0.020% → +0.064%
- −$4.41
- Slippage, 4 orders
- −$30.07
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$55.72
- Costs to cover
- 0.421%
- Break-even
- never at this rate
Slippage from Extended: live order book, 4 min ago; Nado: live order book, 64 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, 4 min ago | 6.75 bp | 12.1 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 64 min ago | 1.34 bp | 8.2 bp −$8 | 33.5 bp −$335 | 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 | −0.3508% | 1h | 0.2911 | −1.536% | $3K | $206K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0473% / S +0.0334% | 1h | 0.2957 | +0.026% | $15K | — | 100x | as long as short |
| Pacifica JUP | −0.0335% | 1h | 0.2956 | −0.005% | $282K | $171K | 10x | as long as short |
| Kraken Futures PF_JUPUSD | −0.0176% | 1h | 0.2956 | −0.019% | $601K | $613K | 20x | as long as short |
| 01 Exchange JUPUSD | −0.0024% | 1h | 0.2961 | +0.141% | $26K | $19K | 5x | as long as short |
| Deribit JUP_USDC-PERPETUAL | 0.0000% | 1h | 0.2957 | +0.020% | $56K | $14K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0002% / S −0.0001% | 1h | 0.2957 | +0.017% | $17K | — | 150x | as long as short |
| Gate JUP_USDT | +0.0006% | 4h | 0.2957 | +0.020% | $746K | $1.9M | 75x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2958 | +0.066% | — | — | 20x | as long as short |
| Paradex JUP-USD-PERP | +0.0072% | 8h | 0.2956 | −0.019% | $9K | $13K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit JUPUSDT | +0.0091% | 4h | 0.2956 | −0.014% | $16.2M | $23.3M | 50x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2959 | +0.084% | $793K | $1.3M | 10x | as long as short |
| Nado JUP-PERPshort | +0.0100% | 1h | 0.2957 | +0.020% | $612K | $671K | 10x | |
| Hyperliquid JUP | +0.0100% | 1h | 0.2962 | +0.185% | $19.0M | $13.5M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2958 | +0.057% | $106K | $365K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2960 | +0.111% | $16.3M | $54.7M | 75x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2958 | +0.053% | $4.0M | $16.5M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2959 | +0.087% | $57K | $3K | 10x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2959 | +0.087% | $8.1M | $8.1M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2961 | +0.155% | $4.3M | $7.1M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2959 | +0.087% | $5.6M | $8.2M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2957 | +0.020% | — | $20.9M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2957 | +0.013% | $978K | $255K | 10x | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.2955 | −0.061% | $714K | $1.1M | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2960 | +0.113% | $1.6M | $4.0M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2957 | +0.020% | $157K | $319K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2963 | +0.233% | $93K | $132K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2957 | +0.020% | $31K | $50K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2950 | −0.217% | $111K | $67K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2962 | +0.189% | $2.9M | $4.0M | 50x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2954 | −0.082% | $40K | — | 3x | as long as short |
| BloFin JUP-USDT | +0.0121% | 4h | 0.2959 | +0.087% | $848K | $325K | 50x | as long as short |
| dYdX JUP-USD | +0.0139% | 1h | 0.2958 | +0.049% | $39K | $35K | 5x | as long as short |
| Extended JUP-USDlong | +0.0144% | 1h | 0.2956 | long leg | $2.2M | $503K | 25x | |
| Phoenix JUP | +0.0190% | 1h | 0.2960 | +0.128% | $95K | $441K | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0264% | 1h | 0.2961 | +0.141% | $74K | $93K | 50x | as long as short |
Extended JUP-USD
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
Pacifica JUP
Kraken Futures PF_JUPUSD
01 Exchange JUPUSD
Deribit JUP_USDC-PERPETUAL
gTrade (Gains Network) JUP/USD
Gate JUP_USDT
Paradex JUP-USD-PERP
Bybit JUPUSDT
Lighter JUP
Hyperliquid 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
BloFin JUP-USDT
Phoenix JUP
Coinbase International JUP-PERP-INTX