JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.007%

Price spread now: Lighter against ApeX Omni+0.058%78s7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$520.518% of the position

Long on ApeX Omni Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 3 days (all we have)−0.181%−$18 · spread now +0.058%, 7d avg +0.035%

Together, before fees−0.143%+ Points / potential airdropLighter: Season 3 · farm board−$14 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 0.023% dearer against ApeX Omni than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.035%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni JUPUSDT	0.2949	0.0100	pay 0.0013% / 1h	26m 12s	$157K	$319K	50x
Short	Lighter JUP	0.2951	0.0096	get 0.0012% / 1h	26m 12s	$791K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against ApeX Omni. 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 ApeX OmnibpFee LighterbpOrdersPrice spread, now +0.058%Rate

Funding earned: −$0.84
Price spread: +0.058% → +0.035%: $2.31
Slippage, 4 orders: −$41.85
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$50.38
Costs to cover: 0.518%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 56 min ago; Lighter: live order book, 5 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 ApeX Omni live order book, 56 min ago	6.72 bp	20.4 bp −$20	111.4 bp −$1,114	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	3.40 bp	7.0 bp −$7	62.0 bp −$620	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	−0.3508%	1h	0.2911	−1.289%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0473% / S +0.0334%	1h	0.2951	+0.083%	$15K	—	100x	as long as short
Pacifica JUP	−0.0335%	1h	0.2950	+0.049%	$281K	$171K	10x	as long as short
Kraken Futures PF_JUPUSD	−0.0176%	1h	0.2950	+0.023%	$599K	$617K	20x	as long as short
01 Exchange JUPUSD	−0.0072%	1h	0.2952	+0.092%	$26K	$19K	5x	as long as short
Gate JUP_USDT	−0.0020%	4h	0.2949	0.000%	$741K	$1.9M	75x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2951	+0.081%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2950	+0.051%	$17K	—	150x	as long as short
Bybit JUPUSDT	+0.0050%	4h	0.2946	−0.098%	$16.1M	$23.4M	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2949	−0.005%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex JUP-USD-PERP	+0.0067%	8h	0.2948	−0.049%	$9K	$13K	10x	as long as short
dYdX JUP-USD	+0.0091%	1h	0.2954	+0.156%	$39K	$35K	5x	as long as short
Lighter JUPshort	+0.0096%	1h	0.2951	+0.058%	$791K	$1.3M	10x
Nado JUP-PERP	+0.0100%	1h	0.2947	−0.059%	$611K	$672K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2956	+0.231%	$19.0M	$14.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2951	+0.079%	$106K	$365K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2949	+0.011%	$16.3M	$55.2M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2947	−0.068%	$4.0M	$16.5M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2950	+0.034%	$8.1M	$8.1M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2951	+0.068%	$4.3M	$7.2M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2948	−0.034%	$5.6M	$8.3M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2950	+0.034%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2954	+0.163%	$977K	$258K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2939	−0.335%	$711K	$1.1M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2951	+0.053%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDTlong	+0.0100%	1h	0.2949	long leg	$157K	$319K	50x
Polymarket Perps JUP-USD	+0.0100%	1h	0.2955	+0.210%	$93K	$133K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2951	+0.068%	$31K	$50K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2942	−0.237%	$110K	$67K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2951	+0.068%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2941	−0.256%	$57K	$3K	10x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2949	−0.009%	$2.2M	$503K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2949	0.000%	$40K	—	3x	as long as short
BloFin JUP-USDT	+0.0137%	4h	0.2953	+0.136%	$850K	$324K	50x	as long as short
Phoenix JUP	+0.0190%	1h	0.2955	+0.197%	$95K	$441K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0264%	1h	0.2989	+1.373%	$74K	$93K	50x	as long as short