Settings8H · net · $10k
Funding arb · Price arb /

JUP

all JUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.3173%/8h= +347.5% APRnext payment +$3.97 per $10,000 · paid last 24h +0.453%
Price spread now: Pacifica against Injective+1.104%7-day average +2.126% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+2.032%+$203 on $10k
Price spread, last 3 days (all we have)−0.518%−$52 · spread now +1.104%, 7d avg +2.126%
Together, before fees+1.514%+ Points / potential airdropPacifica: Active · farm board+$151 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 1.022% cheaper against Injective than usual: you would sell low and buy high (spread +1.104% now, against its 7-day average of +2.126%). If the spread goes back, that is −$102 on $10k: about 26 hours of funding at the current rate (+$95 a day). At the pace of the last 7 days (+2.032% in total) that is about 3.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 2.032% in total (about 106.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.97 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective JUP/USDC PERP0.2918−0.3508get 0.0439% / 1h38m 15s$3K$206K5.5x
ShortPacifica JUP0.2950−0.0335pay 0.0042% / 1h38m 15s$281K$172K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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

Funding earned
$666.35
Price spread: +1.104% → +2.126%
−$102.15
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$556.18
Costs to cover
0.080%
Break-even
1.2 days
Slippage unknown: Injective: live order book, 46 min ago; Pacifica: live order book, 45 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective live order book, 46 min ago70.66 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Pacifica live order book, 45 min ago1.68 bp10.2 bp −$10doesn't fitdoesn't fitdoesn't fit

JUP on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective JUP/USDC PERPlong−0.3508%1h0.2918long leg$3K$206K5.5x
GMX JUP/USD [WBTC.b-USDC]L −0.0540% / S +0.0374%1h0.2952+1.161%$15K100xas long as short
Pacifica JUPshort−0.0335%1h0.2950+1.104%$281K$172K10x
Kraken Futures PF_JUPUSD−0.0176%1h0.2950+1.106%$598K$619K20xas long as short
01 Exchange JUPUSD−0.0088%1h0.2951+1.127%$26K$19K5xas long as short
Deribit JUP_USDC-PERPETUAL−0.0055%1h0.2951+1.131%$56K$14K10xas long as short
Gate JUP_USDT−0.0010%4h0.2948+1.028%$734K$1.9M75xas long as short
gTrade (Gains Network) JUP/USDL +0.0002% / S −0.0001%1h0.2951+1.147%$17K150xas long as short
Bybit JUPUSDT+0.0049%4h0.2947+0.987%$16.1M$23.8M50xas long as short
Reya JUPRUSDPERP+0.0057%1h0.2948+1.042%20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex JUP-USD-PERP+0.0066%8h0.2950+1.088%$9K$15K10xas long as short
dYdX JUP-USD+0.0068%1h0.2953+1.187%$39K$35K5xas long as short
Lighter JUP+0.0096%1h0.2951+1.145%$791K$1.3M10xas long as short
Nado JUP-PERP+0.0100%1h0.2950+1.105%$612K$673K10xas long as short
Hyperliquid JUP+0.0100%1h0.2955+1.261%$18.9M$13.9M10xas long as short
Aster JUPUSDT+0.0100%4h0.2953+1.192%$106K$367K10xas long as short
Binance JUPUSDT+0.0100%4h0.2948+1.041%$16.3M$56.0M75xas long as short
OKX JUP-USDT-SWAP+0.0100%4h0.2947+0.994%$4.0M$16.6M50xas long as short
MEXC JUP_USDT+0.0100%4h0.2950+1.097%$7.9M$8.0M200xas long as short
KuCoin JUPUSDTM+0.0100%4h0.2953+1.199%$4.3M$7.2M50xas long as short
Bitget JUPUSDT+0.0100%4h0.2950+1.097%$5.7M$8.4M75xas long as short
BingX JUP-USDT+0.0100%4h0.2949+1.062%$20.9Mas long as short
Backpack JUP_USDC_PERP+0.0100%1h0.2950+1.090%$976K$260K10xas long as short
Variational Omni JUP+0.0100%4h0.2955+1.273%$714K$1.1Mas long as short
GRVT JUP_USDT_Perp+0.0100%4h0.2957+1.335%$1.6M$4.1M10xas long as short
ApeX Omni JUPUSDT+0.0100%1h0.2959+1.405%$157K$319K50xas long as short
Polymarket Perps JUP-USD+0.0100%1h0.2955+1.254%$93K$136K10xas long as short
Orderly PERP_JUP_USDC+0.0100%4h0.2951+1.131%$31K$51K10xas long as short
HTX JUP-USDT+0.0100%4h0.2943+0.857%$110K$69K20xas long as short
Phemex JUPUSDT+0.0100%4h0.2956+1.302%$2.9M$4.1M50xas long as short
Bulk JUP-USD+0.0100%1h0.2957+1.337%$57K$3K10xas long as short
Extended JUP-USD+0.0104%1h0.2948+1.044%$2.2M$541K25xas long as short
Aevo JUP-PERP+0.0104%1h0.2947+0.991%$40K3xas long as short
BloFin JUP-USDT+0.0160%4h0.2954+1.234%$848K$328K50xas long as short
Phoenix JUP+0.0190%1h0.2960+1.436%$95K$441K10xas long as short
Coinbase International JUP-PERP-INTX+0.0264%1h0.2989+2.450%$74K$94K50xas long as short