JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0248%/8h= +27.2% APRnext payment +$0.31 per $10,000 · paid last 24h +0.027%

Price spread now: Coinbase International against Phoenix+0.107%72s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.130%+$13 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 0.107% dearer against Phoenix than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.130% in total (about 6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.31 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	Phoenix JUP	0.2986	0	get 0.0000% / 1h	21m 53s	$95K	$447K	10x
Short	Coinbase International JUP-PERP-INTX	0.2989	0.0248	get 0.0031% / 1h	21m 53s	$74K	$95K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Phoenix. 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 PhoenixbpFee Coinbase InternationalbpOrdersPrice spread, now +0.107%Rate

Funding earned: $52.08
Price spread: +0.107% → 0.000%: $10.72
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $45.8
Costs to cover: 0.170%
Break-even: 0.8 days

Slippage unknown: Phoenix: live order book, 65 min ago; Coinbase International: no order-book sample. 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 Phoenix live order book, 65 min ago	2.51 bp	14.3 bp −$14	28.9 bp −$289	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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 PERP	−0.5000%	1h	0.2933	−1.785%	$3K	$154K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0849% / S +0.0320%	1h	0.2981	−0.188%	$13K	—	100x	as long as short
Bybit JUPUSDT	−0.0114%	4h	0.2979	−0.244%	$16.3M	$24.1M	50x	as long as short
Phoenix JUPlong	0.0000%	1h	0.2986	long leg	$95K	$447K	10x
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2981	−0.164%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2982	−0.139%	$17K	—	150x	as long as short
Kraken Futures PF_JUPUSD	+0.0009%	1h	0.2981	−0.186%	$604K	$624K	20x	as long as short
dYdX JUP-USD	+0.0032%	1h	0.2983	−0.115%	$39K	$36K	5x	as long as short
Gate JUP_USDT	+0.0034%	4h	0.2979	−0.244%	$741K	$1.9M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2979	−0.232%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin JUP-USDT	+0.0063%	4h	0.2985	−0.044%	$859K	$331K	50x	as long as short
01 Exchange JUPUSD	+0.0064%	1h	0.2980	−0.198%	$26K	$19K	5x	as long as short
Paradex JUP-USD-PERP	+0.0092%	8h	0.2979	−0.239%	$9K	$15K	10x	as long as short
Variational Omni JUP	+0.0094%	4h	0.2982	−0.131%	$728K	$1.2M	—	as long as short
Lighter JUP	+0.0096%	1h	0.2983	−0.104%	$873K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2978	−0.278%	$601K	$670K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2983	−0.100%	$19.1M	$14.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2981	−0.177%	$107K	$367K	10x	as long as short
Pacifica JUP	+0.0100%	1h	0.2980	−0.219%	$284K	$183K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2981	−0.172%	$16.5M	$56.4M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2981	−0.177%	$4.1M	$16.8M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2981	−0.177%	$8.1M	$8.1M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2983	−0.111%	$4.5M	$7.2M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2980	−0.211%	$5.7M	$8.5M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2981	−0.177%	—	$21.0M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2980	−0.204%	$988K	$267K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2980	−0.214%	$1.6M	$4.2M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2978	−0.278%	$158K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2986	0.000%	$94K	$138K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2982	−0.144%	$31K	$51K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2974	−0.412%	$112K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2986	−0.010%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2961	−0.837%	$57K	$4K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2979	−0.228%	$41K	—	3x	as long as short
Coinbase International JUP-PERP-INTXshort	+0.0248%	1h	0.2989	+0.107%	$74K	$95K	50x
Extended JUP-USD	+0.0256%	1h	0.2978	−0.282%	$2.2M	$539K	25x	as long as short