Spread before costs (cost unknown: a leg has no order-book sample)+0.226%
7d average—if it closes, per $10,000$23funding while held, a day+$2.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit JUP_USDC-PERPETUAL | 0.3003 | 0 | get 0.0000% / 1h | 35m 39s | $58K | $13K | 10x |
| Short | Lighter JUP | 0.3010 | 0.0096 | get 0.0012% / 1h | 35m 39s | $879K | $1.1M | 10x |
Deribit JUP_USDC-PERPETUAL
Lighter JUPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $22.64
- Funding while held
- $2.88
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $18.52
- Spread needed to break even
- 0.070%
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0096%
- Per $10,000 a day
- +$2.88
- Average in range /8h
- —
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 Lighter live order book, 2 min ago | 3.33 bp | 12.3 bp −$12 | 51.4 bp −$514 | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.HTX0.2996cheapestVariational Omni0.2998+0.056%Nado0.2999+0.117%Reya0.3000+0.131%Aevo0.3001+0.167%ApeX Omni0.3002+0.200%Orderly0.3002+0.200%BloFin0.3002+0.200%Backpack0.3002+0.204%GMX0.3003+0.236%
HTX
Variational Omni
Nado
Reya
Aevo
ApeX Omni
Orderly
BloFin
Backpack
GMXDeribit0.3003+0.237%
gTrade (Gains Network)0.3003+0.249%Phoenix0.3004+0.264%Kraken Futures0.3004+0.270%Bybit0.3005+0.300%OKX0.3005+0.300%Gate0.3005+0.300%Injective0.3005+0.300%Aster0.3006+0.318%Extended0.3006+0.325%MEXC0.3006+0.334%Bitget0.3006+0.334%BingX0.3006+0.334%Polymarket Perps0.3006+0.344%Pacifica0.3006+0.350%Binance0.3007+0.354%Bulk0.3007+0.367%KuCoin0.3007+0.367%Paradex0.3007+0.381%Phemex0.3008+0.401%01 Exchange0.3009+0.437%dYdX0.3009+0.439%
gTrade (Gains Network)
Phoenix
Kraken Futures
Bybit
OKX
Gate
Injective
Aster
Extended
MEXC
Bitget
BingX
Polymarket Perps
Pacifica
Binance
Bulk
KuCoin
Paradex
Phemex
dYdXLighter0.3010+0.464%
Hyperliquid0.3010+0.477%Coinbase International0.3022+0.881%
Hyperliquid
Coinbase InternationalJUP on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX JUP-USDT | −0.236% | +0.0100% | 4h | $113K | $88K | 20x | as long as short |
| Variational Omni JUP | −0.181% | +0.0100% | 4h | $734K | $1.2M | — | as long as short |
| Nado JUP-PERP | −0.120% | +0.0100% | 1h | $617K | $616K | 10x | as long as short |
| Reya JUPRUSDPERP | −0.106% | +0.0057% | 1h | — | — | 20x | as long as short |
| Aevo JUP-PERP | −0.070% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| ApeX Omni JUPUSDT | −0.037% | +0.0100% | 1h | $160K | $319K | 50x | as long as short |
| Orderly PERP_JUP_USDC | −0.037% | +0.0098% | 4h | $25K | $36K | 10x | as long as short |
| BloFin JUP-USDT | −0.037% | +0.0159% | 4h | $928K | $256K | 50x | as long as short |
| Backpack JUP_USDC_PERP | −0.033% | −0.0333% | 1h | $991K | $253K | 10x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | −0.001% | L −0.0394% / S +0.0147% | 1h | $13K | — | 100x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit JUP_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $58K | $13K | 10x | |
| gTrade (Gains Network) JUP/USD | +0.012% | L +0.0002% / S −0.0001% | 1h | $16K | — | 150x | as long as short |
| Phoenix JUP | +0.027% | +0.0106% | 1h | $44K | $340K | 10x | as long as short |
| Kraken Futures PF_JUPUSD | +0.033% | −0.0110% | 1h | $582K | $603K | 20x | as long as short |
| Bybit JUPUSDT | +0.063% | +0.0100% | 4h | $17.1M | $22.2M | 50x | as long as short |
| OKX JUP-USDT-SWAP | +0.063% | −0.0252% | 4h | $4.3M | $16.2M | 50x | as long as short |
| Gate JUP_USDT | +0.063% | +0.0060% | 4h | $803K | $1.8M | 75x | as long as short |
| Injective JUP/USDC PERP | +0.063% | −0.1830% | 1h | $4K | $18K | 5.5x | as long as short |
| Aster JUPUSDT | +0.081% | +0.0100% | 4h | $120K | $349K | 10x | as long as short |
| Extended JUP-USD | +0.088% | +0.0256% | 1h | $2.2M | $471K | 25x | as long as short |
| MEXC JUP_USDT | +0.097% | +0.0100% | 4h | $8.4M | $7.2M | 200x | as long as short |
| Bitget JUPUSDT | +0.097% | +0.0100% | 4h | $5.7M | $8.6M | 75x | as long as short |
| BingX JUP-USDT | +0.097% | +0.0100% | 4h | — | $21.1M | — | as long as short |
| Polymarket Perps JUP-USD | +0.107% | +0.0100% | 1h | $93K | $150K | 10x | as long as short |
| Pacifica JUP | +0.113% | +0.0100% | 1h | $287K | $183K | 10x | as long as short |
| Binance JUPUSDT | +0.117% | +0.0100% | 4h | $16.9M | $54.5M | 75x | as long as short |
| Bulk JUP-USD | +0.130% | +0.0100% | 1h | $60K | $1K | 10x | as long as short |
| KuCoin JUPUSDTM | +0.130% | +0.0100% | 4h | $4.0M | $7.3M | 50x | as long as short |
| Paradex JUP-USD-PERP | +0.144% | +0.0087% | 8h | $9K | $15K | 10x | as long as short |
| Phemex JUPUSDT | +0.163% | +0.0100% | 4h | $2.9M | $4.0M | 50x | as long as short |
| 01 Exchange JUPUSD | +0.200% | +0.0016% | 1h | $27K | $19K | 5x | as long as short |
| dYdX JUP-USD | +0.202% | +0.0036% | 1h | $39K | $41K | 5x | as long as short |
| Lighter JUPshort | +0.226% | +0.0096% | 1h | $879K | $1.1M | 10x | |
| Hyperliquid JUP | +0.240% | +0.0100% | 1h | $19.9M | $13.0M | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.643% | +0.0184% | 1h | $77K | $111K | 50x | as long as short |