JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0154%/8h= +16.9% APRnext payment +$0.19 per $10,000 · paid last 24h +0.013%

Price spread now: Aevo against Backpack−0.041%46s7-day average — · you buy dearer than you sell

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

Long on Backpack Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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 pays, the price is against you. Aevo is 0.041% cheaper against Backpack than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 21 hours of funding at the current rate (+$5 a day). The two prices were read 46 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	Backpack JUP_USDC_PERP	0.2958	−0.0050	get 0.0006% / 1h	44m 16s	$981K	$270K	10x
Short	Aevo JUP-PERP	0.2957	0.0104	get 0.0013% / 1h	44m 16s	$40K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Backpack. 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 BackpackbpFee AevobpOrdersPrice spread, now −0.041%Rate

Funding earned: $32.33
Price spread: −0.041% → 0.000%: −$4.06
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: $2.27
Costs to cover: 0.260%
Break-even: 6.5 days

Slippage unknown: Backpack: live order book, 44 min ago; Aevo: 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 Backpack live order book, 44 min ago	2.01 bp	9.0 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.818%	$3K	$154K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0738% / S +0.0255%	1h	0.2960	+0.065%	$13K	—	100x	as long as short
Bybit JUPUSDT	−0.0392%	4h	0.2955	−0.108%	$16.2M	$24.1M	50x	as long as short
Backpack JUP_USDC_PERPlong	−0.0050%	1h	0.2958	long leg	$981K	$270K	10x
Gate JUP_USDT	−0.0040%	4h	0.2955	−0.108%	$737K	$1.9M	75x	as long as short
Phoenix JUP	0.0000%	1h	0.2964	+0.189%	$94K	$447K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2960	+0.064%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2960	+0.050%	$17K	—	150x	as long as short
Kraken Futures PF_JUPUSD	+0.0009%	1h	0.2961	+0.085%	$601K	$624K	20x	as long as short
dYdX JUP-USD	+0.0013%	1h	0.2961	+0.095%	$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
01 Exchange JUPUSD	+0.0032%	1h	0.2959	+0.020%	$26K	$19K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2957	−0.036%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0090%	8h	0.2957	−0.044%	$9K	$15K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2962	+0.135%	$896K	$1.3M	10x	as long as short
Variational Omni JUP	+0.0098%	4h	0.2958	−0.006%	$724K	$1.2M	—	as long as short
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2960	+0.061%	$31K	$51K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2958	−0.024%	$596K	$668K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2962	+0.139%	$19.0M	$14.1M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2960	+0.061%	$107K	$366K	10x	as long as short
Pacifica JUP	+0.0100%	1h	0.2957	−0.043%	$282K	$185K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2959	+0.027%	$16.4M	$56.4M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2956	−0.074%	$4.1M	$16.7M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2965	+0.219%	$58K	$4K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2959	+0.027%	$8.0M	$8.1M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2959	+0.027%	$4.5M	$7.3M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2957	−0.041%	$5.7M	$8.6M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2958	−0.007%	—	$21.6M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2962	+0.128%	$1.6M	$4.2M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2963	+0.162%	$157K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2962	+0.142%	$94K	$137K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2951	−0.243%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2964	+0.196%	$2.9M	$4.1M	50x	as long as short
Aevo JUP-PERPshort	+0.0104%	1h	0.2957	−0.041%	$40K	—	3x
BloFin JUP-USDT	+0.0113%	4h	0.2962	+0.128%	$867K	$330K	50x	as long as short
Extended JUP-USD	+0.0248%	1h	0.2957	−0.053%	$2.2M	$539K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0248%	1h	0.2988	+0.997%	$74K	$95K	50x	as long as short