JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.044%

Price spread now: Deribit against Bulk+0.487%7-day average — · you sell dearer than you buy

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

Long on Bulk Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 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 pays, funding is against you. Deribit is 0.487% dearer against Bulk than usual: you sell high and buy low (spread +0.487% now, against zero (this spread has no 7-day history yet)): +$49 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk JUP-USD	0.2913	0.0100	pay 0.0013% / 1h	41m 04s	$60K	$2K	10x
Short	Deribit JUP_USDC-PERPETUAL	0.2928	0	get 0.0000% / 1h	41m 04s	$53K	$17K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Bulk. 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 BulkbpFee DeribitbpOrdersPrice spread, now +0.487%Rate

Funding earned: −$21
Price spread: +0.487% → 0.000%: $48.74
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $13.74
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Bulk: no order-book sample; Deribit: 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 Bulk no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

Bulk and Deribit: 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	−0.3836%	1h	0.2897	−0.566%	$3K	$207K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2927	+0.456%	$16K	—	100x	as long as short
Pacifica JUP	−0.0058%	1h	0.2925	+0.410%	$279K	$138K	10x	as long as short
Deribit JUP_USDC-PERPETUALshort	0.0000%	1h	0.2928	+0.487%	$53K	$17K	10x
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2926	+0.438%	—	—	150x	as long as short
dYdX JUP-USD	+0.0042%	1h	0.2926	+0.443%	$39K	$15K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2926	+0.429%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2929	+0.542%	$759K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0099%	8h	0.2925	+0.393%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2925	+0.386%	$572K	$491K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid JUP	+0.0100%	1h	0.2928	+0.494%	$18.1M	$8.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2926	+0.432%	$99K	$296K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2925	+0.379%	$16.0M	$39.0M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2922	+0.281%	$15.9M	$17.4M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2922	+0.292%	$4.1M	$10.2M	50x	as long as short
Bulk JUP-USDlong	+0.0100%	1h	0.2913	long leg	$60K	$2K	10x
Gate JUP_USDT	+0.0100%	4h	0.2924	+0.360%	$701K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2927	+0.463%	$6.7M	$5.5M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2926	+0.429%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2925	+0.395%	$5.8M	$5.0M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2924	+0.360%	—	$20.5M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2927	+0.456%	$968K	$223K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2927	+0.461%	$708K	$530K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2928	+0.493%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2928	+0.498%	$161K	$255K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2928	+0.508%	$93K	$106K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2927	+0.463%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2920	+0.223%	$110K	$42K	20x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2925	+0.395%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0152%	1h	0.2928	+0.481%	$26K	$6K	5x	as long as short
Extended JUP-USD	+0.0176%	1h	0.2926	+0.419%	$2.2M	$573K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0320%	1h	0.2931	+0.597%	$74K	$49K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2926	+0.429%	$818K	$371K	50x	as long as short
Phoenix JUP	+0.0355%	1h	0.2930	+0.583%	$105K	$284K	10x	as long as short
Kraken Futures PF_JUPUSD	+0.0413%	1h	0.2928	+0.512%	$576K	$417K	20x	as long as short
Phemex JUPUSDT	+0.0461%	4h	0.2929	+0.532%	$2.9M	$3.0M	50x	as long as short