Settings8H · net · $10k
Funding arb · Price arb /

JUP

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.5001%/8h= −547.6% APRnext payment $6.25 per $10,000 · paid last 24h −0.888%
Price spread now: Injective against gTrade (Gains Network)−0.618%55s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$150 a day on $10k at the current rate, and Injective is 0.618% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$62 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) JUP/USD0.2940L +0.0001% / S −0.0001%pay 0.0000% / 1h55m 31s150x
ShortInjective JUP/USDC PERP0.2922−0.5000pay 0.0625% / 1h55m 31s$3K$206K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
−$1,050.23
Price spread: −0.618% → 0.000%
−$61.8
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$1,122.05
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: live order book, 53 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Injective live order book, 53 min ago67.91 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective JUP/USDC PERPshort−0.5000%1h0.2922−0.618%$3K$206K5.5x
GMX JUP/USD [WBTC.b-USDC]L −0.0275% / S +0.0618%1h0.2935−0.168%$16K100xas long as short
Pacifica JUP−0.0041%1h0.2936−0.143%$280K$143K10xas long as short
dYdX JUP-USD0.0000%1h0.2939−0.026%$39K$19K5xas long as short
Deribit JUP_USDC-PERPETUAL0.0000%1h0.2940+0.001%$53K$17K10xas long as short
gTrade (Gains Network) JUP/USDlongL +0.0001% / S −0.0001%1h0.2940long leg150x
Reya JUPRUSDPERP+0.0057%1h0.2935−0.175%20xas long as short
Lighter JUP+0.0096%1h0.2939−0.036%$762K$1.0M10xas long as short
Paradex JUP-USD-PERP+0.0100%8h0.2936−0.158%$9K$11K10xas long as short
Nado JUP-PERP+0.0100%1h0.2934−0.193%$576K$495K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid JUP+0.0100%1h0.2938−0.084%$18.1M$9.1M10xas long as short
Aster JUPUSDT+0.0100%4h0.2937−0.104%$107K$282K10xas long as short
Binance JUPUSDT+0.0100%4h0.2934−0.210%$16.1M$39.8M75xas long as short
Bybit JUPUSDT+0.0100%4h0.2933−0.244%$15.9M$17.9M50xas long as short
OKX JUP-USDT-SWAP+0.0100%4h0.2936−0.142%$4.1M$10.9M50xas long as short
Bulk JUP-USD+0.0100%1h0.2953+0.427%$61K$2K10xas long as short
Gate JUP_USDT+0.0100%4h0.2937−0.108%$716K$1.4M75xas long as short
MEXC JUP_USDT+0.0100%4h0.2935−0.176%$6.8M$5.6M200xas long as short
KuCoin JUPUSDTM+0.0100%4h0.2937−0.108%$4.0M$6.7M50xas long as short
Bitget JUPUSDT+0.0100%4h0.2936−0.142%$5.8M$5.2M75xas long as short
BingX JUP-USDT+0.0100%4h0.2934−0.210%$20.6Mas long as short
Backpack JUP_USDC_PERP+0.0100%1h0.2940−0.019%$973K$233K10xas long as short
Variational Omni JUP+0.0100%4h0.2936−0.142%$712K$625Kas long as short
GRVT JUP_USDT_Perp+0.0100%4h0.2944+0.129%$1.6M$4.0M10xas long as short
ApeX Omni JUPUSDT+0.0100%1h0.2943+0.096%$162K$256K50xas long as short
Polymarket Perps JUP-USD+0.0100%1h0.2938−0.087%$93K$103K10xas long as short
Orderly PERP_JUP_USDC+0.0100%4h0.2936−0.142%$33K$29K10xas long as short
HTX JUP-USDT+0.0100%4h0.2935−0.176%$110K$44K20xas long as short
Aevo JUP-PERP+0.0104%1h0.2938−0.062%$40K3xas long as short
01 Exchange JUPUSD+0.0216%1h0.2936−0.149%$26K$8K5xas long as short
Extended JUP-USD+0.0240%1h0.2934−0.202%$2.2M$570K25xas long as short
Phoenix JUP+0.0271%1h0.2942+0.076%$98K$285K10xas long as short
Coinbase International JUP-PERP-INTX+0.0304%1h0.2958+0.613%$75K$49K50xas long as short
BloFin JUP-USDT+0.0340%4h0.2940−0.006%$823K$379K50xas long as short
Kraken Futures PF_JUPUSD+0.0374%1h0.2941+0.014%$580K$462K20xas long as short
Phemex JUPUSDT+0.0684%4h0.2946+0.198%$2.9M$3.1M50xas long as short