Funding you earn now, next payment 21:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.444%
Price spread now: 01 Exchange against Phoenix−0.662%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: 01 Exchange is 0.662% cheaper against Phoenix than usual: you would sell low and buy high, −$66 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix JUP | 0.2977 | 0 | get 0.0000% / 1h | 10m 42s | $95K | $447K | 10x |
| Short | 01 Exchange JUPUSD | 0.2957 | 0.0008 | get 0.0001% / 1h | 10m 42s | $26K | $19K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Phoenix. 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
- $1.68
- Price spread: −0.662% → 0.000%
- −$66.19
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$78.51
- Costs to cover
- 0.140%
- Break-even
- 334.1 days
Slippage unknown: Phoenix: live order book, 11 min ago; 01 Exchange: 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, 11 min ago | 2.51 bp | 14.3 bp −$14 | 29.0 bp −$290 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | 0.2934 | −1.428% | $3K | $206K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0892% / S +0.0333% | 1h | 0.2960 | −0.542% | $13K | — | 100x | as long as short |
| Deribit JUP_USDC-PERPETUAL | −0.0358% | 1h | 0.2960 | −0.568% | $56K | $14K | 10x | as long as short |
| Bybit JUPUSDT | −0.0129% | 4h | 0.2958 | −0.622% | $16.2M | $24.0M | 50x | as long as short |
| Gate JUP_USDT | −0.0020% | 4h | 0.2957 | −0.655% | $735K | $2.0M | 75x | as long as short |
| Phoenix JUPlong | 0.0000% | 1h | 0.2977 | long leg | $95K | $447K | 10x | |
| gTrade (Gains Network) JUP/USD | L +0.0002% / S −0.0001% | 1h | 0.2961 | −0.532% | $17K | — | 150x | as long as short |
| 01 Exchange JUPUSDshort | +0.0008% | 1h | 0.2957 | −0.662% | $26K | $19K | 5x | |
| Kraken Futures PF_JUPUSD | +0.0009% | 1h | 0.2960 | −0.558% | $600K | $624K | 20x | as long as short |
| dYdX JUP-USD | +0.0024% | 1h | 0.2961 | −0.529% | $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 | 0.2957 | −0.643% | — | — | 20x | as long as short |
| Paradex JUP-USD-PERP | +0.0086% | 8h | 0.2961 | −0.509% | $9K | $15K | 10x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2964 | −0.403% | $837K | $1.3M | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2956 | −0.697% | $596K | $668K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2966 | −0.356% | $19.0M | $14.0M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2962 | −0.481% | $106K | $367K | 10x | as long as short |
| Pacifica JUP | +0.0100% | 1h | 0.2962 | −0.499% | $282K | $181K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2961 | −0.515% | $16.4M | $56.2M | 75x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2962 | −0.487% | $4.1M | $16.7M | 50x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2962 | −0.487% | $8.0M | $8.1M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2961 | −0.521% | $4.5M | $7.2M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2960 | −0.554% | $5.7M | $8.5M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2960 | −0.554% | — | $20.9M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2960 | −0.554% | $980K | $266K | 10x | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.2971 | −0.172% | $727K | $1.2M | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2961 | −0.521% | $1.6M | $4.2M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2972 | −0.151% | $158K | $319K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2965 | −0.390% | $93K | $139K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2960 | −0.554% | $31K | $51K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2951 | −0.857% | $111K | $69K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2965 | −0.386% | $2.9M | $4.1M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2957 | −0.638% | $57K | $3K | 10x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2956 | −0.697% | $40K | — | 3x | as long as short |
| BloFin JUP-USDT | +0.0118% | 4h | 0.2956 | −0.689% | $856K | $332K | 50x | as long as short |
| Extended JUP-USD | +0.0208% | 1h | 0.2960 | −0.567% | $2.2M | $539K | 25x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0248% | 1h | 0.2989 | +0.437% | $74K | $95K | 50x | as long as short |
Phoenix JUP
01 Exchange JUPUSD
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
Deribit JUP_USDC-PERPETUAL
Bybit JUPUSDT
Gate JUP_USDT
gTrade (Gains Network) JUP/USD
Kraken Futures PF_JUPUSD
Paradex JUP-USD-PERP
Lighter JUP
Hyperliquid JUP
Aster JUPUSDT
Pacifica JUP
Binance JUPUSDT
OKX JUP-USDT-SWAP
MEXC JUP_USDT
KuCoin JUPUSDTM
Bitget JUPUSDT
BingX JUP-USDT
Backpack JUP_USDC_PERP
Variational Omni JUP
GRVT JUP_USDT_Perp
ApeX Omni JUPUSDT
Polymarket Perps JUP-USD
HTX JUP-USDT
Phemex JUPUSDT
Bulk JUP-USD
BloFin JUP-USDT
Extended JUP-USD
Coinbase International JUP-PERP-INTX