JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0098%/8h= +10.8% APRnext payment +$0.12 per $10,000 · paid last 24h +0.018%

Price spread now: Backpack against gTrade (Gains Network)+0.094%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Backpack is 0.094% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$9 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	gTrade (Gains Network) JUP/USD	0.2983	L +0.0002% / S −0.0001%	pay 0.0000% / 1h	57m 30s	$17K	—	150x
Short	Backpack JUP_USDC_PERP	0.2986	0.0100	get 0.0013% / 1h	57m 30s	$988K	$233K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BackpackbpOrdersPrice spread, now +0.094%Rate

Funding earned: $20.66
Price spread: +0.094% → 0.000%: $9.42
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: $10.08
Costs to cover: 0.200%
Break-even: 3.6 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Backpack: live order book, 16 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Backpack live order book, 16 min ago	0.67 bp	8.7 bp −$9	doesn't fit	doesn't fit	doesn't fit

gTrade (Gains Network): 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	−0.4634%	1h	0.2998	+0.486%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0356%	1h	0.2985	+0.056%	$284K	$158K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0210% / S +0.0573%	1h	0.2984	+0.012%	$16K	—	100x	as long as short
Bybit JUPUSDT	−0.0172%	4h	0.2983	−0.006%	$16.2M	$22.0M	50x	as long as short
Kraken Futures PF_JUPUSD	−0.0101%	1h	0.2987	+0.116%	$602K	$588K	20x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2987	+0.103%	$39K	$32K	5x	as long as short
01 Exchange JUPUSD	0.0000%	1h	0.2988	+0.158%	$26K	$19K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2984	0.000%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USDlong	L +0.0002% / S −0.0001%	1h	0.2983	long leg	$17K	—	150x
OKX JUP-USDT-SWAP	+0.0042%	4h	0.2984	+0.017%	$4.1M	$16.2M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni JUP	+0.0052%	4h	0.2976	−0.248%	$719K	$776K	—	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2979	−0.139%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0082%	8h	0.2985	+0.057%	$9K	$13K	10x	as long as short
BloFin JUP-USDT	+0.0092%	4h	0.2984	+0.017%	$843K	$304K	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2987	+0.124%	$798K	$1.3M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2983	−0.016%	$31K	$48K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2984	+0.034%	$618K	$648K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2991	+0.248%	$19.2M	$13.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2987	+0.119%	$116K	$357K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2986	+0.093%	$16.4M	$51.7M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2979	−0.151%	$62K	$9K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2986	+0.084%	$746K	$1.5M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2985	+0.051%	$8.1M	$7.2M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2988	+0.151%	$4.3M	$6.8M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2985	+0.051%	$5.8M	$7.4M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2985	+0.051%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERPshort	+0.0100%	1h	0.2986	+0.094%	$988K	$233K	10x
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2981	−0.083%	$1.6M	$3.7M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2981	−0.083%	$158K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2987	+0.124%	$94K	$119K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2975	−0.285%	$112K	$62K	20x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2984	+0.016%	$2.2M	$502K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2982	−0.050%	$41K	—	3x	as long as short
Phoenix JUP	+0.0162%	1h	0.2977	−0.204%	$97K	$468K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0280%	1h	0.2989	+0.188%	$75K	$92K	50x	as long as short
Phemex JUPUSDT	+0.0418%	4h	0.2989	+0.185%	$2.9M	$3.8M	50x	as long as short