JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: Lighter against Nado+0.141%7-day average +0.102% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$360.362% of the position

Long on Nado Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.003%$0 on $10k

Price spread, last 3 days (all we have)−0.582%−$58 · spread now +0.141%, 7d avg +0.102%

Together, before fees−0.579%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board−$58 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.038% dearer against Nado than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.102%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado JUP-PERP	0.2951	0.0100	pay 0.0012% / 1h	4m 25s	$597K	$671K	10x
Short	Lighter JUP	0.2955	0.0096	get 0.0012% / 1h	4m 25s	$826K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Nado. 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 NadobpFee LighterbpOrdersPrice spread, now +0.141%Rate

Funding earned: −$0.84
Price spread: +0.141% → +0.102%: $3.85
Slippage, 4 orders: −$29.24
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: −$33.23
Costs to cover: 0.362%
Break-even: never at this rate

Slippage from Nado: live order book, 19 min ago; Lighter: live order book, 2 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 Nado live order book, 19 min ago	1.34 bp	9.5 bp −$10	37.2 bp −$372	doesn't fit	doesn't fit
Sell Lighter live order book, 2 min ago	0.17 bp	5.9 bp −$6	40.8 bp −$408	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	−0.5000%	1h	0.2934	−0.584%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0930% / S +0.0345%	1h	0.2955	+0.112%	$13K	—	100x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0359%	1h	0.2954	+0.107%	$56K	$14K	10x	as long as short
Bybit JUPUSDT	−0.0163%	4h	0.2950	−0.042%	$16.2M	$24.0M	50x	as long as short
Gate JUP_USDT	−0.0048%	4h	0.2950	−0.042%	$733K	$2.0M	75x	as long as short
01 Exchange JUPUSD	−0.0016%	1h	0.2951	−0.005%	$26K	$19K	5x	as long as short
Phoenix JUP	0.0000%	1h	0.2963	+0.388%	$95K	$447K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2955	+0.130%	$17K	—	150x	as long as short
Kraken Futures PF_JUPUSD	+0.0009%	1h	0.2955	+0.137%	$599K	$624K	20x	as long as short
dYdX JUP-USD	+0.0027%	1h	0.2956	+0.151%	$39K	$36K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya JUPRUSDPERP	+0.0057%	1h	0.2951	−0.004%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0078%	8h	0.2952	+0.030%	$9K	$15K	10x	as long as short
Lighter JUPshort	+0.0096%	1h	0.2955	+0.141%	$826K	$1.3M	10x
Nado JUP-PERPlong	+0.0100%	1h	0.2951	long leg	$597K	$671K	10x
Hyperliquid JUP	+0.0100%	1h	0.2957	+0.191%	$18.9M	$14.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2955	+0.144%	$106K	$367K	10x	as long as short
Pacifica JUP	+0.0100%	1h	0.2952	+0.042%	$281K	$179K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2952	+0.042%	$16.3M	$56.2M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2951	−0.008%	$4.1M	$16.6M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2953	+0.059%	$8.0M	$8.1M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2955	+0.127%	$4.5M	$7.2M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2951	−0.008%	$5.6M	$8.5M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2952	+0.025%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2954	+0.103%	$978K	$263K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2951	+0.004%	$722K	$1.1M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2961	+0.331%	$1.6M	$4.2M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2960	+0.296%	$157K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2958	+0.215%	$93K	$139K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2955	+0.127%	$31K	$51K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2949	−0.076%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2958	+0.229%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2957	+0.212%	$57K	$3K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2952	+0.035%	$40K	—	3x	as long as short
BloFin JUP-USDT	+0.0155%	4h	0.2955	+0.127%	$857K	$332K	50x	as long as short
Extended JUP-USD	+0.0176%	1h	0.2951	−0.011%	$2.2M	$541K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0248%	1h	0.2989	+1.296%	$74K	$94K	50x	as long as short