Funding you earn now, next payment 01:00 UTC+0.0182%/8h= +19.9% APRnext payment +$0.23 per $10,000 · paid last 24h +0.045%
Price spread now: Bulk against Deribit−0.378%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Funding pays, the price is against you. Bulk is 0.378% cheaper against Deribit than usual: you would sell low and buy high (spread −0.378% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$38 on $10k: about 6.9 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit JUP_USDC-PERPETUAL | 0.3012 | −0.0082 | get 0.0010% / 1h | 10m 50s | $55K | $16K | 10x |
| Short | Bulk JUP-USD | 0.3001 | 0.0100 | get 0.0013% / 1h | 10m 50s | $62K | $8K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $38.19
- Price spread: −0.378% → 0.000%
- −$37.84
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$13.66
- Costs to cover
- 0.140%
- Break-even
- 9.5 days
Slippage unknown: Deribit: no order-book sample; Bulk: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bulk no order-book sample | — | — | — | — | — |
Deribit and Bulk: 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 | −0.4634% | 1h | 0.2985 | −0.910% | $3K | $206K | 5.5x | as long as short |
| Pacifica JUP | −0.0356% | 1h | 0.3013 | +0.036% | $287K | $148K | 10x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0210% / S +0.0573% | 1h | 0.3014 | +0.039% | $17K | — | 100x | as long as short |
| Kraken Futures PF_JUPUSD | −0.0100% | 1h | 0.3013 | +0.030% | $607K | $526K | 20x | as long as short |
| Deribit JUP_USDC-PERPETUALlong | −0.0082% | 1h | 0.3012 | long leg | $55K | $16K | 10x | |
| 01 Exchange JUPUSD | −0.0048% | 1h | 0.3015 | +0.083% | $27K | $19K | 5x | as long as short |
| OKX JUP-USDT-SWAP | −0.0028% | 4h | 0.3018 | +0.186% | $4.1M | $15.7M | 50x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0002% / S −0.0001% | 1h | 0.3014 | +0.065% | $1K | — | 150x | as long as short |
| dYdX JUP-USD | +0.0047% | 1h | 0.3015 | +0.101% | $39K | $31K | 5x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.3012 | −0.004% | — | — | 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 | +0.0080% | 8h | 0.3014 | +0.050% | $9K | $13K | 10x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.3014 | +0.056% | $755K | $1.3M | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.3013 | +0.020% | $32K | $45K | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.3012 | −0.005% | $623K | $626K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.3025 | +0.405% | $19.4M | $11.7M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.3016 | +0.116% | $116K | $328K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.3020 | +0.249% | $16.6M | $48.6M | 75x | as long as short |
| Bybit JUPUSDT | +0.0100% | 4h | 0.3017 | +0.153% | $16.5M | $20.5M | 50x | as long as short |
| Bulk JUP-USDshort | +0.0100% | 1h | 0.3001 | −0.378% | $62K | $8K | 10x | |
| Gate JUP_USDT | +0.0100% | 4h | 0.3017 | +0.153% | $758K | $1.6M | 75x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.3019 | +0.219% | $7.9M | $7.3M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.3017 | +0.153% | $4.1M | $6.7M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.3019 | +0.219% | $5.9M | $6.7M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.3018 | +0.186% | — | $20.9M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.3014 | +0.037% | $997K | $230K | 10x | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.3010 | −0.080% | $728K | $770K | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.3023 | +0.352% | $1.7M | $3.7M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.3016 | +0.120% | $160K | $308K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.3017 | +0.163% | $95K | $111K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.3011 | −0.046% | $113K | $54K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.3018 | +0.186% | $3.0M | $3.7M | 50x | as long as short |
| Extended JUP-USD | +0.0104% | 1h | 0.3017 | +0.147% | $2.2M | $490K | 25x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.3011 | −0.060% | $41K | — | 3x | as long as short |
| Phoenix JUP | +0.0214% | 1h | 0.3019 | +0.222% | $98K | $469K | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0280% | 1h | 0.3019 | +0.209% | $75K | $60K | 50x | as long as short |
| BloFin JUP-USDT | +0.0340% | 4h | 0.3014 | +0.053% | $853K | $358K | 50x | as long as short |
Deribit JUP_USDC-PERPETUAL
Bulk JUP-USD
Injective JUP/USDC PERP
Pacifica JUP
GMX JUP/USD [WBTC.b-USDC]
Kraken Futures PF_JUPUSD
01 Exchange JUPUSD
OKX JUP-USDT-SWAP
gTrade (Gains Network) JUP/USD
Paradex JUP-USD-PERP
Lighter JUP
Hyperliquid JUP
Aster JUPUSDT
Binance JUPUSDT
Bybit JUPUSDT
Gate JUP_USDT
MEXC JUP_USDT
KuCoin JUPUSDTM
Bitget JUPUSDT
BingX JUP-USDT
Backpack JUP_USDC_PERP
Variational Omni JUP
GRVT JUP_USDT_Perp
ApeX Omni JUPUSDT
Polymarket Perps JUP-USD
HTX JUP-USDT
Phemex JUPUSDT
Extended JUP-USD
Phoenix JUP
Coinbase International JUP-PERP-INTX
BloFin JUP-USDT