JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.5000%/8h= −547.5% APRnext payment −$6.25 per $10,000 · paid last 24h −1.331%

Price spread now: Injective against dYdX−1.200%98s7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 6 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

Both sides work against this trade now: funding costs −$150 a day on $10k at the current rate, and Injective is 1.200% cheaper against dYdX than usual: you would sell low and buy high (−$120 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX JUP-USD	0.2956	0	get 0.0000% / 1h	53m 25s	$39K	$22K	5x
Short	Injective JUP/USDC PERP	0.2921	−0.5000	pay 0.0625% / 1h	53m 25s	$3K	$206K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against dYdX. 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 dYdXbpFee InjectivebpOrdersPrice spread, now −1.200%Rate

Funding earned: −$1,050
Price spread: −1.200% → 0.000%: −$119.97
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$1,179.99
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; Injective: live order book, 65 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 dYdX no order-book sample	—	—	—	—	—
Sell Injective live order book, 65 min ago	101.69 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

dYdX: 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 PERPshort	−0.5000%	1h	0.2921	−1.200%	$3K	$206K	5.5x
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2972	+0.517%	$16K	—	100x	as long as short
Backpack JUP_USDC_PERP	−0.0198%	1h	0.2957	+0.011%	$977K	$233K	10x	as long as short
Pacifica JUP	−0.0183%	1h	0.2957	+0.022%	$282K	$146K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0021%	1h	0.2957	+0.008%	$54K	$16K	10x	as long as short
dYdX JUP-USDlong	0.0000%	1h	0.2956	long leg	$39K	$22K	5x
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2972	+0.516%	—	—	150x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2967	+0.348%	—	—	20x	as long as short
01 Exchange JUPUSD	+0.0064%	1h	0.2960	+0.126%	$26K	$17K	5x	as long as short
Lighter JUP	+0.0096%	1h	0.2960	+0.116%	$782K	$1.0M	10x	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	+0.0099%	8h	0.2958	+0.068%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2966	+0.339%	$604K	$486K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2969	+0.421%	$18.7M	$9.2M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2961	+0.149%	$110K	$287K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2971	+0.482%	$16.3M	$40.3M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2969	+0.431%	$16.0M	$17.9M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2971	+0.492%	$4.0M	$11.4M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2960	+0.132%	$62K	−$0	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2967	+0.356%	$737K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2971	+0.492%	$7.4M	$6.2M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2961	+0.153%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2968	+0.390%	$5.8M	$5.4M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2969	+0.424%	—	$20.7M	—	as long as short
Variational Omni JUP	+0.0100%	4h	0.2947	−0.321%	$719K	$625K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2951	−0.177%	$1.6M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2958	+0.052%	$157K	$251K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2965	+0.299%	$94K	$105K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2972	+0.525%	$31K	$41K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2950	−0.219%	$111K	$45K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2959	+0.086%	$2.9M	$3.1M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2973	+0.544%	$41K	—	3x	as long as short
Kraken Futures PF_JUPUSD	+0.0177%	1h	0.2958	+0.052%	$593K	$467K	20x	as long as short
Extended JUP-USD	+0.0192%	1h	0.2970	+0.472%	$2.2M	$494K	25x	as long as short
Phoenix JUP	+0.0216%	1h	0.2962	+0.180%	$97K	$283K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0240%	1h	0.2964	+0.251%	$75K	$50K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2961	+0.153%	$838K	$376K	50x	as long as short