Funding you earn now, next payment 07:00 UTC+0.0373%/8h= +40.9% APRnext payment +$0.47 per $10,000 · paid last 24h +0.057%
Price spread now: Kraken Futures against gTrade (Gains Network)+0.033%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$11 a day on $10k at the current rate, and Kraken Futures is 0.033% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) JUP/USD | 0.2939 | L +0.0001% / S −0.0001% | pay 0.0000% / 1h | 49m 38s | — | — | 150x |
| Short | Kraken Futures PF_JUPUSD | 0.2940 | 0.0374 | get 0.0047% / 1h | 49m 38s | $580K | $463K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $78.36
- Price spread: +0.033% → 0.000%
- $3.29
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $61.64
- Costs to cover
- 0.200%
- Break-even
- 1.5 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 58 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 58 min ago | 20.33 bp | 27.7 bp −$28 | 108.2 bp −$1,082 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | 0.2911 | −0.945% | $3K | $206K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0275% / S +0.0618% | 1h | 0.2938 | −0.016% | $16K | — | 100x | as long as short |
| Pacifica JUP | −0.0041% | 1h | 0.2935 | −0.133% | $280K | $142K | 10x | as long as short |
| Deribit JUP_USDC-PERPETUAL | 0.0000% | 1h | 0.2939 | +0.025% | $53K | $17K | 10x | as long as short |
| gTrade (Gains Network) JUP/USDlong | L +0.0001% / S −0.0001% | 1h | 0.2939 | long leg | — | — | 150x | |
| dYdX JUP-USD | +0.0022% | 1h | 0.2936 | −0.080% | $39K | $19K | 5x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2938 | −0.025% | — | — | 20x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2938 | −0.026% | $762K | $1.0M | 10x | as long as short |
| Paradex JUP-USD-PERP | +0.0100% | 8h | 0.2935 | −0.128% | $9K | $11K | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2933 | −0.196% | $575K | $494K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid JUP | +0.0100% | 1h | 0.2937 | −0.052% | $18.1M | $9.0M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2937 | −0.072% | $107K | $282K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2934 | −0.176% | $16.1M | $39.8M | 75x | as long as short |
| Bybit JUPUSDT | +0.0100% | 4h | 0.2932 | −0.230% | $15.9M | $17.9M | 50x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2932 | −0.230% | $4.1M | $10.8M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2934 | −0.162% | $61K | $2K | 10x | as long as short |
| Gate JUP_USDT | +0.0100% | 4h | 0.2935 | −0.128% | $705K | $1.4M | 75x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2935 | −0.128% | $6.8M | $5.6M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2937 | −0.060% | $4.0M | $6.7M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2937 | −0.060% | $5.8M | $5.2M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2934 | −0.162% | — | $20.6M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2940 | +0.035% | $973K | $233K | 10x | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.2932 | −0.229% | $711K | $625K | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2935 | −0.127% | $1.6M | $4.0M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2935 | −0.128% | $162K | $256K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2942 | +0.110% | $93K | $103K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2939 | +0.008% | $33K | $29K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2931 | −0.264% | $110K | $44K | 20x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2937 | −0.077% | $40K | — | 3x | as long as short |
| 01 Exchange JUPUSD | +0.0128% | 1h | 0.2936 | −0.097% | $26K | $8K | 5x | as long as short |
| Extended JUP-USD | +0.0208% | 1h | 0.2933 | −0.206% | $2.2M | $570K | 25x | as long as short |
| Phoenix JUP | +0.0244% | 1h | 0.2936 | −0.101% | $98K | $285K | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0304% | 1h | 0.2940 | +0.059% | $74K | $49K | 50x | as long as short |
| BloFin JUP-USDT | +0.0340% | 4h | 0.2935 | −0.128% | $831K | $379K | 50x | as long as short |
| Kraken Futures PF_JUPUSDshort | +0.0374% | 1h | 0.2940 | +0.033% | $580K | $463K | 20x | |
| Phemex JUPUSDT | +0.0544% | 4h | 0.2941 | +0.076% | $2.9M | $3.1M | 50x | as long as short |
gTrade (Gains Network) JUP/USD
Kraken Futures PF_JUPUSD
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
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
01 Exchange JUPUSD
Extended JUP-USD
Phoenix JUP
Coinbase International JUP-PERP-INTX
BloFin JUP-USDT
Phemex JUPUSDT