JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.03 per $10,000 · paid last 24h −0.400%

Price spread now: Backpack against 01 Exchange−0.003%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Backpack

What this pair did over the last

the charts below follow

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange JUPUSD	0.2978	0.0072	pay 0.0009% / 1h	55m 17s	$26K	$19K	5x
Short	Backpack JUP_USDC_PERP	0.2977	0.0100	get 0.0013% / 1h	55m 17s	$985K	$248K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against 01 Exchange. 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 01 ExchangebpFee BackpackbpOrdersPrice spread, now −0.003%Rate

Funding earned: $5.88
Price spread: −0.003% → 0.000%: −$0.34
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$11.46
Costs to cover: 0.170%
Break-even: 20.6 days

Slippage unknown: 01 Exchange: no order-book sample; Backpack: live order book, 24 min ago. 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Backpack live order book, 24 min ago	0.84 bp	7.9 bp −$8	doesn't fit	doesn't fit	doesn't fit

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	−0.4371%	1h	0.2935	−1.427%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0398% / S +0.0663%	1h	0.2976	−0.045%	$15K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0209%	1h	0.2975	−0.069%	$602K	$619K	20x	as long as short
Pacifica JUP	−0.0199%	1h	0.2978	+0.012%	$284K	$169K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2976	−0.047%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2975	−0.084%	$17K	—	150x	as long as short
Gate JUP_USDT	+0.0050%	4h	0.2973	−0.151%	$747K	$1.8M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2974	−0.131%	—	—	20x	as long as short
Bybit JUPUSDT	+0.0062%	4h	0.2972	−0.185%	$16.3M	$23.0M	50x	as long as short
01 Exchange JUPUSDlong	+0.0072%	1h	0.2978	long leg	$26K	$19K	5x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex JUP-USD-PERP	+0.0081%	8h	0.2976	−0.063%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2977	−0.010%	$798K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2974	−0.126%	$614K	$667K	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2977	−0.007%	$107K	$355K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2976	−0.050%	$16.4M	$53.8M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2973	−0.151%	$4.0M	$16.5M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2973	−0.151%	$8.1M	$7.7M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2977	−0.017%	$4.3M	$7.0M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2973	−0.151%	$5.7M	$8.0M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2974	−0.118%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERPshort	+0.0100%	1h	0.2977	−0.003%	$985K	$248K	10x
Variational Omni JUP	+0.0100%	4h	0.2972	−0.181%	$718K	$1.0M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2975	−0.084%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2974	−0.118%	$158K	$320K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2981	+0.124%	$94K	$130K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2976	−0.050%	$31K	$49K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2971	−0.218%	$112K	$67K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2977	−0.017%	$2.9M	$4.0M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2966	−0.386%	$58K	$2K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2973	−0.140%	$41K	—	3x	as long as short
BloFin JUP-USDT	+0.0138%	4h	0.2972	−0.185%	$844K	$329K	50x	as long as short
Hyperliquid JUP	+0.0168%	1h	0.2981	+0.119%	$19.2M	$13.3M	10x	as long as short
Phoenix JUP	+0.0190%	1h	0.2973	−0.144%	$97K	$479K	10x	as long as short
dYdX JUP-USD	+0.0211%	1h	0.2980	+0.071%	$39K	$35K	5x	as long as short
Extended JUP-USD	+0.0216%	1h	0.2973	−0.144%	$2.2M	$506K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.2978	+0.024%	$74K	$95K	50x	as long as short