JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.3894%/8h= +426.4% APRnext payment +$4.87 per $10,000 · paid last 24h +1.084%

Price spread now: Lighter against Injective+1.144%96s7-day average +2.011% · you sell dearer than you buy

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

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+2.914%+$291 on $10k

Price spread, last 4 days (all we have)−0.703%−$70 · spread now +1.144%, 7d avg +2.011%

Together, before fees+2.211%+ Points / potential airdropLighter: Season 3 · farm board+$221 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.868% cheaper against Injective than usual: you would sell low and buy high (spread +1.144% now, against its 7-day average of +2.011%). If the spread goes back, that is −$87 on $10k: about 18 hours of funding at the current rate (+$117 a day). At the pace of the last 7 days (+2.914% in total) that is about 2.1 days. The two prices were read 96 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	Injective JUP/USDC PERP	0.2903	−0.3798	get 0.0475% / 1h	53m 30s	$3K	$205K	5.5x
Short	Lighter JUP	0.2936	0.0096	get 0.0012% / 1h	53m 30s	$759K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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 InjectivebpFee LighterbpOrdersPrice spread, now +1.144%Rate

Funding earned: $817.75
Price spread: +1.144% → +2.011%: −$86.76
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: $730.97
Costs to cover: 0.000%
Break-even: 0.7 days

Slippage unknown: Injective: live order book, 45 min ago; Lighter: live order book, 2 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 Injective live order book, 45 min ago	106.31 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 2 min ago	5.80 bp	12.5 bp −$13	78.4 bp −$784	doesn't fit	doesn't fit

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 PERPlong	−0.3798%	1h	0.2903	long leg	$3K	$205K	5.5x
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2936	+1.153%	$16K	—	100x	as long as short
Bybit JUPUSDT	−0.0216%	4h	0.2935	+1.102%	$15.9M	$17.1M	50x	as long as short
Pacifica JUP	−0.0070%	1h	0.2934	+1.058%	$280K	$137K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2935	+1.107%	$16K	—	150x	as long as short
Deribit JUP_USDC-PERPETUAL	+0.0023%	1h	0.2936	+1.137%	$53K	$17K	10x	as long as short
dYdX JUP-USD	+0.0037%	1h	0.2935	+1.119%	$39K	$15K	5x	as long as short
ApeX Omni JUPUSDT	+0.0056%	1h	0.2928	+0.861%	$161K	$249K	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2938	+1.190%	—	—	20x	as long as short
Lighter JUPshort	+0.0096%	1h	0.2936	+1.144%	$759K	$1.0M	10x

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	0.2936	+1.122%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2936	+1.145%	$578K	$492K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2942	+1.340%	$18.2M	$9.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2935	+1.113%	$102K	$297K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2936	+1.137%	$16.1M	$38.7M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2938	+1.206%	$4.1M	$10.2M	50x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2934	+1.068%	$698K	$1.3M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2939	+1.240%	$7.2M	$5.5M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2936	+1.137%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2938	+1.206%	$5.8M	$4.9M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2934	+1.068%	—	$20.5M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2935	+1.113%	$974K	$222K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2931	+0.965%	$712K	$527K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2932	+0.999%	$1.6M	$4.0M	10x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2939	+1.223%	$92K	$106K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2936	+1.137%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2929	+0.896%	$112K	$45K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2938	+1.206%	$2.9M	$3.0M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2935	+1.090%	$61K	$2K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2933	+1.051%	$40K	—	3x	as long as short
Extended JUP-USD	+0.0112%	1h	0.2934	+1.066%	$2.2M	$567K	25x	as long as short
01 Exchange JUPUSD	+0.0208%	1h	0.2939	+1.237%	$26K	$2K	5x	as long as short
Phoenix JUP	+0.0272%	1h	0.2934	+1.058%	$105K	$275K	10x	as long as short
Kraken Futures PF_JUPUSD	+0.0279%	1h	0.2936	+1.153%	$578K	$414K	20x	as long as short
Coinbase International JUP-PERP-INTX	+0.0320%	1h	0.2944	+1.430%	$75K	$49K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2928	+0.861%	$639K	$375K	50x	as long as short