JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0315%/8h= −34.4% APRnext payment −$0.39 per $10,000 · paid last 24h −0.027%

Price spread now: Nado against Kraken Futures−0.052%7-day average −0.132% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$700.696% of the position

Long on Kraken Futures Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.462%−$46 on $10k

Price spread, last 4 days (all we have)−0.197%−$20 · spread now −0.052%, 7d avg −0.132%

Together, before fees−0.659%+ Points / potential airdropNado: Active · farm board−$66 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.081% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.052% now, against its 7-day average of −0.132%): +$8 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_JUPUSD	0.2921	0.0415	pay 0.0052% / 1h	37m 41s	$575K	$417K	20x
Short	Nado JUP-PERP	0.2919	0.0100	get 0.0012% / 1h	37m 41s	$570K	$491K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Kraken Futures. 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 Kraken FuturesbpFee NadobpOrdersPrice spread, now −0.052%Rate

Funding earned: −$66.05
Price spread: −0.052% → −0.132%: $8.07
Slippage, 4 orders: −$52.61
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$127.59
Costs to cover: 0.696%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 65 min ago; Nado: live order book, 65 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 Kraken Futures live order book, 65 min ago	15.36 bp	22.5 bp −$23	96.1 bp −$961	doesn't fit	doesn't fit
Sell Nado live order book, 65 min ago	3.07 bp	10.4 bp −$10	44.3 bp −$443	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	−0.3836%	1h	0.2886	−1.182%	$3K	$207K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2919	−0.039%	$16K	—	100x	as long as short
Pacifica JUP	−0.0058%	1h	0.2916	−0.149%	$278K	$138K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2920	−0.021%	$52K	$17K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2921	+0.007%	—	—	150x	as long as short
dYdX JUP-USD	+0.0034%	1h	0.2916	−0.139%	$39K	$15K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2919	−0.051%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2920	−0.028%	$756K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0099%	8h	0.2916	−0.141%	$9K	$11K	10x	as long as short
Nado JUP-PERPshort	+0.0100%	1h	0.2919	−0.052%	$570K	$491K	10x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid JUP	+0.0100%	1h	0.2918	−0.087%	$18.0M	$8.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2918	−0.086%	$99K	$295K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2917	−0.120%	$16.0M	$39.0M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2915	−0.189%	$15.8M	$17.4M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2918	−0.086%	$4.0M	$10.2M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2918	−0.082%	$61K	$2K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2918	−0.086%	$699K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2917	−0.120%	$6.7M	$5.5M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2917	−0.120%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2918	−0.086%	$5.8M	$5.0M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2917	−0.120%	—	$20.5M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2919	−0.055%	$966K	$223K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2924	+0.117%	$708K	$529K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2928	+0.245%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2927	+0.222%	$161K	$255K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2923	+0.075%	$92K	$106K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2920	−0.018%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2914	−0.223%	$110K	$42K	20x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2918	−0.069%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0144%	1h	0.2915	−0.189%	$26K	$5K	5x	as long as short
Extended JUP-USD	+0.0160%	1h	0.2916	−0.164%	$2.2M	$573K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0320%	1h	0.2927	+0.208%	$74K	$49K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2922	+0.051%	$817K	$371K	50x	as long as short
Phoenix JUP	+0.0355%	1h	0.2930	+0.342%	$105K	$284K	10x	as long as short
Kraken Futures PF_JUPUSDlong	+0.0415%	1h	0.2921	long leg	$575K	$417K	20x
Phemex JUPUSDT	+0.0432%	4h	0.2922	+0.051%	$2.9M	$3.0M	50x	as long as short