Funding you earn now, next payment 03:00 UTC−0.0665%/8h= −72.8% APRnext payment −$0.83 per $10,000 · paid last 24h −0.069%
Price spread now: GMX against gTrade (Gains Network)−0.042%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
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and GMX is 0.042% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$4 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 | gTrade (Gains Network) JUP/USD | 0.2973 | L +0.0001% / S −0.0001% | pay 0.0000% / 1h | 10m 16s | — | — | 150x |
| Short | GMX JUP/USD [WBTC.b-USDC] | 0.2971 | L −0.0340% / S +0.0664% | pay 0.0083% / 1h | 10m 16s | $16K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against gTrade (Gains Network). 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
- −$139.67
- Price spread: −0.042% → 0.000%
- −$4.24
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$165.9
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; GMX: 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and GMX: 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 | −0.5000% | 1h | 0.2941 | −1.067% | $3K | $206K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC]short | L −0.0340% / S +0.0664% | 1h | 0.2971 | −0.042% | $16K | — | 100x | |
| Pacifica JUP | −0.0224% | 1h | 0.2975 | +0.062% | $283K | $147K | 10x | as long as short |
| Deribit JUP_USDC-PERPETUAL | 0.0000% | 1h | 0.2972 | −0.024% | $55K | $16K | 10x | as long as short |
| gTrade (Gains Network) JUP/USDlong | L +0.0001% / S −0.0001% | 1h | 0.2973 | long leg | — | — | 150x | |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2971 | −0.061% | — | — | 20x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2973 | +0.009% | $785K | $1.1M | 10x | as long as short |
| Paradex JUP-USD-PERP | +0.0098% | 8h | 0.2974 | +0.030% | $9K | $11K | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2972 | −0.041% | $600K | $503K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2973 | +0.003% | $18.9M | $9.7M | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JUPUSDT | +0.0100% | 4h | 0.2972 | −0.012% | $115K | $288K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2970 | −0.080% | $16.4M | $42.6M | 75x | as long as short |
| Bybit JUPUSDT | +0.0100% | 4h | 0.2968 | −0.152% | $15.9M | $19.0M | 50x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2971 | −0.058% | $4.1M | $12.4M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2977 | +0.144% | $62K | $8K | 10x | as long as short |
| Gate JUP_USDT | +0.0100% | 4h | 0.2972 | −0.024% | $743K | $1.4M | 75x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2970 | −0.091% | $7.4M | $6.6M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2972 | −0.024% | $4.0M | $6.7M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2971 | −0.058% | $5.8M | $5.9M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2970 | −0.091% | — | $20.7M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2970 | −0.085% | $985K | $249K | 10x | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.2967 | −0.195% | $724K | $694K | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2973 | +0.009% | $1.6M | $3.8M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2975 | +0.077% | $158K | $266K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2978 | +0.164% | $94K | $104K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2972 | −0.024% | $31K | $42K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2968 | −0.159% | $111K | $49K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2976 | +0.110% | $2.9M | $3.3M | 50x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2971 | −0.058% | $41K | — | 3x | as long as short |
| dYdX JUP-USD | +0.0121% | 1h | 0.2974 | +0.057% | $39K | $26K | 5x | as long as short |
| Kraken Futures PF_JUPUSD | +0.0199% | 1h | 0.2971 | −0.048% | $594K | $488K | 20x | as long as short |
| 01 Exchange JUPUSD | +0.0208% | 1h | 0.2977 | +0.154% | $26K | $19K | 5x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0240% | 1h | 0.2972 | −0.021% | $75K | $50K | 50x | as long as short |
| Phoenix JUP | +0.0244% | 1h | 0.2974 | +0.033% | $98K | $329K | 10x | as long as short |
| BloFin JUP-USDT | +0.0340% | 4h | 0.2977 | +0.144% | $646K | $388K | 50x | as long as short |
| Extended JUP-USD | +0.0440% | 1h | 0.2970 | −0.101% | $2.2M | $500K | 25x | as long as short |
gTrade (Gains Network) JUP/USD
GMX JUP/USD [WBTC.b-USDC]
Injective JUP/USDC PERP
Pacifica JUP
Deribit JUP_USDC-PERPETUAL
Lighter JUP
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
Kraken Futures PF_JUPUSD
01 Exchange JUPUSD
Coinbase International JUP-PERP-INTX
Phoenix JUP
BloFin JUP-USDT
Extended JUP-USD