JUP

Alert

Funding spread now, next payment 14:00 UTC−0.0398%/8h

next payment, per $10,000−$0.50paid, last 24h−0.053%paid, last 7 days+0.051%to open and close $10k−$40

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.051% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid JUP	0.3059	0.0498	pay 0.0062% / 1h	41m 15s	$20.6M	$11.7M	10x
Short	Backpack JUP_USDC_PERP	0.3054	0.0100	get 0.0013% / 1h	41m 15s	$1.0M	$255K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee BackpackbpOrdersRate

Funding earned: −$83.54
Slippage, 4 orders: −$20.65
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$123.2
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 3 min ago; Backpack: live order book, 4 min ago.

Price risk

price view

Price gap now: −0.157%
Avg gap 7d: −0.067%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Hyperliquid live order book, 3 min ago	2.29 bp	12.2 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Backpack live order book, 4 min ago	1.80 bp	8.4 bp −$8	doesn't fit	doesn't fit	doesn't fit

JUP on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective JUP/USDC PERP	−0.3381%	1h	$3K	$63K	5.5x	as long as short
Gate JUP_USDT	−0.0008%	4h	$851K	$1.7M	75x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	$57K	$10K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	$18K	—	150x	as long as short
Pacifica JUP	+0.0035%	1h	$292K	$153K	10x	as long as short
OKX JUP-USDT-SWAP	+0.0047%	4h	$4.3M	$15.3M	50x	as long as short
ApeX Omni JUPUSDT	+0.0050%	1h	$184K	$303K	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	—	—	20x	as long as short
Orderly PERP_JUP_USDC	+0.0095%	4h	$26K	$34K	10x	as long as short
Lighter JUP	+0.0096%	1h	$960K	$786K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Paradex JUP-USD-PERP	+0.0099%	8h	$28K	$6K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	$617K	$465K	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	$111K	$312K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	$17.8M	$49.7M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	$17.9M	$20.4M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	$61K	$3K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	$8.7M	$6.4M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	$4.3M	$7.3M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	$5.9M	$8.4M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	—	$20.8M	—	as long as short
Backpack JUP_USDC_PERPshort	+0.0100%	1h	$1.0M	$255K	10x
Variational Omni JUP	+0.0100%	4h	$756K	$1.1M	—	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	$111K	$94K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	$116K	$83K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	$3.0M	$3.7M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	$42K	—	3x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L +0.0113% / S −0.0021%	1h	$14K	—	100x	as long as short
BloFin JUP-USDT	+0.0124%	4h	$985K	$259K	50x	as long as short
01 Exchange JUPUSD	+0.0152%	1h	$27K	$20K	5x	as long as short
Phoenix JUP	+0.0157%	1h	$41K	$339K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0320%	1h	$82K	$155K	50x	as long as short
Extended JUP-USD	+0.0480%	1h	$2.3M	$283K	25x	as long as short
Hyperliquid JUPlong	+0.0498%	1h	$20.6M	$11.7M	10x
Kraken Futures PF_JUPUSD	+0.0594%	1h	$660K	$553K	20x	as long as short
dYdX JUP-USD	+0.2320%	1h	$42K	$33K	5x	as long as short