JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.03 per $10,000 · paid last 24h −0.014%

Price spread now: Kraken Futures against Coinbase International−1.864%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.491%+$49 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Kraken Futures is 1.864% cheaper against Coinbase International than usual: you would sell low and buy high (−$186 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.491%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International JUP-PERP-INTX	0.2968	0.0280	pay 0.0035% / 1h	33m 51s	$75K	$49K	50x
Short	Kraken Futures PF_JUPUSD	0.2912	0.0259	get 0.0032% / 1h	33m 51s	$578K	$458K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Coinbase International. 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 Coinbase InternationalbpFee Kraken FuturesbpOrdersPrice spread, now −1.864%Rate

Funding earned: −$4.35
Price spread: −1.864% → 0.000%: −$186.4
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$210.75
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Coinbase International: no order-book sample; Kraken Futures: live order book, 14 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 Coinbase International no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 14 min ago	20.33 bp	27.7 bp −$28	108.2 bp −$1,082	doesn't fit	doesn't fit

Coinbase International: 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	−0.4499%	1h	0.2910	−1.948%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2911	−1.898%	$16K	—	100x	as long as short
Pacifica JUP	−0.0230%	1h	0.2914	−1.821%	$278K	$145K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2911	−1.911%	$52K	$17K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2912	−1.885%	—	—	150x	as long as short
dYdX JUP-USD	+0.0016%	1h	0.2917	−1.727%	$39K	$20K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2911	−1.929%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2914	−1.823%	$768K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0100%	8h	0.2914	−1.824%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2914	−1.813%	$577K	$493K	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	0.2910	−1.937%	$18.3M	$8.7M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2911	−1.912%	$108K	$270K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2907	−2.034%	$15.9M	$39.3M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2905	−2.123%	$15.7M	$17.8M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2907	−2.049%	$4.0M	$10.7M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2938	−1.004%	$61K	−$0	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2910	−1.948%	$715K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2909	−1.981%	$7.0M	$6.1M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2912	−1.880%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2908	−2.015%	$5.7M	$5.2M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2909	−1.981%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2911	−1.927%	$962K	$189K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2917	−1.710%	$712K	$625K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2919	−1.635%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2917	−1.712%	$161K	$255K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2916	−1.735%	$92K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2912	−1.880%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2906	−2.082%	$109K	$44K	20x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2909	−1.971%	$40K	—	3x	as long as short
Phemex JUPUSDT	+0.0115%	4h	0.2917	−1.712%	$2.9M	$3.0M	50x	as long as short
01 Exchange JUPUSD	+0.0136%	1h	0.2915	−1.789%	$26K	$10K	5x	as long as short
Extended JUP-USD	+0.0176%	1h	0.2907	−2.041%	$2.2M	$524K	25x	as long as short
Kraken Futures PF_JUPUSDshort	+0.0259%	1h	0.2912	−1.864%	$578K	$458K	20x
Phoenix JUP	+0.0271%	1h	0.2921	−1.580%	$98K	$280K	10x	as long as short
Coinbase International JUP-PERP-INTXlong	+0.0280%	1h	0.2968	long leg	$75K	$49K	50x
BloFin JUP-USDT	+0.0340%	4h	0.2922	−1.543%	$833K	$377K	50x	as long as short