Funding you earn now, next payment 04:00 UTC−0.0125%/8h= −13.7% APRnext payment −$0.16 per $10,000 · paid last 24h −0.015%
Price spread now: Pacifica against Deribit−0.029%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.045%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Pacifica is 0.029% cheaper against Deribit than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit JUP_USDC-PERPETUAL | 0.2933 | 0 | get 0.0000% / 1h | 48m 16s | $54K | $16K | 10x |
| Short | Pacifica JUP | 0.2932 | −0.0125 | pay 0.0016% / 1h | 48m 16s | $279K | $147K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$26.28
- Price spread: −0.029% → 0.000%
- −$2.9
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$44.17
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Pacifica: live order book, 10 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, 10 min ago | 1.70 bp | 11.7 bp −$12 | doesn't fit | 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 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 | −0.4661% | 1h | 0.2910 | −0.771% | $3K | $206K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0275% / S +0.0618% | 1h | 0.2933 | +0.030% | $16K | — | 100x | as long as short |
| Pacifica JUPshort | −0.0125% | 1h | 0.2932 | −0.029% | $279K | $147K | 10x | |
| Deribit JUP_USDC-PERPETUALlong | 0.0000% | 1h | 0.2933 | long leg | $54K | $16K | 10x | |
| gTrade (Gains Network) JUP/USD | L +0.0001% / S −0.0001% | 1h | 0.2934 | +0.056% | — | — | 150x | as long as short |
| dYdX JUP-USD | +0.0001% | 1h | 0.2932 | −0.004% | $38K | $26K | 5x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2932 | −0.012% | — | — | 20x | as long as short |
| 01 Exchange JUPUSD | +0.0064% | 1h | 0.2936 | +0.123% | $26K | $19K | 5x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2934 | +0.051% | $776K | $1.0M | 10x | as long as short |
| Kraken Futures PF_JUPUSD | +0.0096% | 1h | 0.2932 | −0.010% | $586K | $489K | 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 | +0.0098% | 8h | 0.2932 | −0.029% | $9K | $11K | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2933 | +0.022% | $592K | $502K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2937 | +0.153% | $18.6M | $9.5M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2932 | −0.007% | $113K | $292K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2933 | +0.004% | $16.1M | $42.4M | 75x | as long as short |
| Bybit JUPUSDT | +0.0100% | 4h | 0.2932 | −0.020% | $15.8M | $18.9M | 50x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2931 | −0.055% | $4.0M | $12.0M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2957 | +0.832% | $62K | $8K | 10x | as long as short |
| Gate JUP_USDT | +0.0100% | 4h | 0.2933 | +0.014% | $728K | $1.4M | 75x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2934 | +0.048% | $7.2M | $6.4M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2934 | +0.048% | $4.0M | $6.7M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2933 | +0.014% | $5.7M | $5.8M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2933 | +0.014% | — | $20.7M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2931 | −0.051% | $972K | $241K | 10x | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.2933 | +0.013% | $717K | $693K | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2949 | +0.559% | $1.6M | $3.8M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2939 | +0.218% | $156K | $265K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2937 | +0.153% | $92K | $104K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2933 | +0.014% | $31K | $42K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2926 | −0.225% | $110K | $49K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2934 | +0.048% | $2.9M | $3.2M | 50x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2921 | −0.382% | $40K | — | 3x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0208% | 1h | 0.2940 | +0.269% | $74K | $49K | 50x | as long as short |
| Phoenix JUP | +0.0271% | 1h | 0.2965 | +1.101% | $99K | $304K | 10x | as long as short |
| BloFin JUP-USDT | +0.0340% | 4h | 0.2934 | +0.048% | $843K | $381K | 50x | as long as short |
| Extended JUP-USD | +0.0368% | 1h | 0.2930 | −0.073% | $2.2M | $502K | 25x | as long as short |
Deribit JUP_USDC-PERPETUAL
Pacifica JUP
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
gTrade (Gains Network) JUP/USD
01 Exchange JUPUSD
Lighter JUP
Kraken Futures PF_JUPUSD
Paradex JUP-USD-PERP
Hyperliquid JUP
Aster JUPUSDT
Binance JUPUSDT
Bybit JUPUSDT
OKX JUP-USDT-SWAP
Bulk JUP-USD
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
Coinbase International JUP-PERP-INTX
Phoenix JUP
BloFin JUP-USDT
Extended JUP-USD