Funding you earn now, next payment 01:00 UTC−0.4636%/8h= −507.6% APRnext payment −$5.80 per $10,000 · paid last 24h −0.510%
Price spread now: Injective against gTrade (Gains Network)−1.224%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 against this trade now: funding costs −$139 a day on $10k at the current rate, and Injective is 1.224% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$122 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) JUP/USD | 0.2981 | L +0.0002% / S −0.0001% | pay 0.0000% / 1h | 55m 09s | $17K | — | 150x |
| Short | Injective JUP/USDC PERP | 0.2945 | −0.4634 | pay 0.0579% / 1h | 55m 09s | $3K | $206K | 5.5x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$973.57
- Price spread: −1.224% → 0.000%
- −$122.39
- 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
- −$1,105.98
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: live order book, 19 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 Injective live order book, 19 min ago | 104.27 bp | doesn't fit | 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 PERPshort | −0.4634% | 1h | 0.2945 | −1.224% | $3K | $206K | 5.5x | |
| Pacifica JUP | −0.0356% | 1h | 0.2987 | +0.188% | $285K | $158K | 10x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0210% / S +0.0573% | 1h | 0.2980 | −0.033% | $16K | — | 100x | as long as short |
| ApeX Omni JUPUSDT | −0.0170% | 1h | 0.2987 | +0.185% | $159K | $319K | 50x | as long as short |
| Deribit JUP_USDC-PERPETUAL | −0.0153% | 1h | 0.2979 | −0.077% | $56K | $14K | 10x | as long as short |
| Kraken Futures PF_JUPUSD | −0.0102% | 1h | 0.2980 | −0.044% | $601K | $549K | 20x | as long as short |
| gTrade (Gains Network) JUP/USDlong | L +0.0002% / S −0.0001% | 1h | 0.2981 | long leg | $17K | — | 150x | |
| OKX JUP-USDT-SWAP | +0.0034% | 4h | 0.2979 | −0.084% | $4.1M | $16.1M | 50x | as long as short |
| 01 Exchange JUPUSD | +0.0048% | 1h | 0.2980 | −0.057% | $26K | $19K | 5x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2978 | −0.131% | — | — | 20x | 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 | +0.0064% | 4h | 0.2987 | +0.188% | $723K | $776K | — | as long as short |
| Paradex JUP-USD-PERP | +0.0083% | 8h | 0.2982 | +0.017% | $9K | $13K | 10x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2981 | −0.003% | $796K | $1.3M | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2981 | −0.016% | $31K | $47K | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2978 | −0.117% | $618K | $647K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2985 | +0.121% | $19.2M | $13.0M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2986 | +0.154% | $116K | $357K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2979 | −0.084% | $16.4M | $51.4M | 75x | as long as short |
| Bybit JUPUSDT | +0.0100% | 4h | 0.2977 | −0.147% | $16.2M | $21.5M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2979 | −0.084% | $62K | $9K | 10x | as long as short |
| Gate JUP_USDT | +0.0100% | 4h | 0.2982 | +0.017% | $744K | $1.5M | 75x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2979 | −0.084% | $8.1M | $7.2M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2983 | +0.051% | $4.2M | $6.8M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2978 | −0.117% | $5.8M | $7.3M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2980 | −0.050% | — | $20.7M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2981 | −0.016% | $987K | $232K | 10x | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2989 | +0.239% | $1.6M | $3.7M | 10x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2985 | +0.124% | $94K | $119K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2978 | −0.117% | $112K | $62K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2987 | +0.185% | $2.9M | $3.8M | 50x | as long as short |
| Extended JUP-USD | +0.0104% | 1h | 0.2975 | −0.203% | $2.2M | $501K | 25x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2980 | −0.053% | $41K | — | 3x | as long as short |
| BloFin JUP-USDT | +0.0111% | 4h | 0.2981 | −0.016% | $839K | $303K | 50x | as long as short |
| dYdX JUP-USD | +0.0121% | 1h | 0.2987 | +0.170% | $39K | $32K | 5x | as long as short |
| Phoenix JUP | +0.0162% | 1h | 0.2990 | +0.282% | $97K | $469K | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0280% | 1h | 0.2996 | +0.493% | $75K | $88K | 50x | as long as short |
gTrade (Gains Network) JUP/USD
Injective JUP/USDC PERP
Pacifica JUP
GMX JUP/USD [WBTC.b-USDC]
ApeX Omni JUPUSDT
Deribit JUP_USDC-PERPETUAL
Kraken Futures PF_JUPUSD
OKX JUP-USDT-SWAP
01 Exchange JUPUSD
Variational Omni JUP
Paradex JUP-USD-PERP
Lighter JUP
Hyperliquid JUP
Aster JUPUSDT
Binance JUPUSDT
Bybit JUPUSDT
Bulk JUP-USD
Gate JUP_USDT
MEXC JUP_USDT
KuCoin JUPUSDTM
Bitget JUPUSDT
BingX JUP-USDT
Backpack JUP_USDC_PERP
GRVT JUP_USDT_Perp
Polymarket Perps JUP-USD
HTX JUP-USDT
Phemex JUPUSDT
Extended JUP-USD
BloFin JUP-USDT
Phoenix JUP
Coinbase International JUP-PERP-INTX