Funding you earn now, next payment 09:00 UTC−0.0028%/8h= −3.0% APRnext payment −$0.03 per $10,000 · paid last 24h +0.020%
Price spread now: Coinbase International against Kraken Futures+0.042%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.493%−$49 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Coinbase International is 0.042% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.0 days. At the pace of the last 7 days (−0.493% in total) that is about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_JUPUSD | 0.2979 | 0.0388 | pay 0.0048% / 1h | 54m 48s | $586K | $397K | 20x |
| Short | Coinbase International JUP-PERP-INTX | 0.2980 | 0.0360 | get 0.0045% / 1h | 54m 48s | $77K | $52K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Kraken Futures. 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
- −$5.83
- Price spread: +0.042% → 0.000%
- $4.18
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$21.66
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 38 min ago; Coinbase International: 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 Kraken Futures live order book, 38 min ago | 22.15 bp | 29.6 bp −$30 | 124.0 bp −$1,240 | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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 | −0.3614% | 1h | 0.3025 | +1.546% | $3K | $206K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0340% / S +0.0664% | 1h | 0.2977 | −0.064% | $16K | — | 100x | as long as short |
| ApeX Omni JUPUSDT | −0.0330% | 1h | 0.3001 | +0.740% | $165K | $250K | 50x | as long as short |
| Deribit JUP_USDC-PERPETUAL | −0.0119% | 1h | 0.2977 | −0.072% | $53K | $8K | 10x | as long as short |
| Pacifica JUP | −0.0028% | 1h | 0.2979 | −0.010% | $284K | $131K | 10x | as long as short |
| dYdX JUP-USD | 0.0000% | 1h | 0.2978 | −0.020% | $39K | $16K | 5x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0001% / S 0.0000% | 1h | 0.3023 | +1.484% | $18K | — | 150x | as long as short |
| 01 Exchange JUPUSD | +0.0056% | 1h | 0.2975 | −0.126% | $26K | $2K | 5x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2975 | −0.129% | — | — | 20x | as long as short |
| Paradex JUP-USD-PERP | +0.0095% | 8h | 0.2974 | −0.163% | $9K | $11K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter JUP | +0.0096% | 1h | 0.2973 | −0.200% | $762K | $1.0M | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2974 | −0.150% | $578K | $484K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2979 | −0.005% | $18.4M | $8.6M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2976 | −0.091% | $103K | $293K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2973 | −0.200% | $16.5M | $38.0M | 75x | as long as short |
| Bybit JUPUSDT | +0.0100% | 4h | 0.2972 | −0.240% | $16.1M | $16.7M | 50x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2973 | −0.200% | $4.1M | $10.2M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.3002 | +0.760% | $62K | $2K | 10x | as long as short |
| Gate JUP_USDT | +0.0100% | 4h | 0.2972 | −0.234% | $708K | $1.3M | 75x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2974 | −0.166% | $7.9M | $5.2M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2975 | −0.133% | $4.1M | $6.8M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2975 | −0.133% | $5.9M | $4.3M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2973 | −0.200% | — | $20.6M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2975 | −0.140% | $990K | $226K | 10x | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.2988 | +0.318% | $723K | $470K | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.3003 | +0.814% | $1.7M | $4.0M | 10x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2980 | +0.032% | $94K | $105K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2977 | −0.066% | $34K | $29K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2968 | −0.368% | $113K | $51K | 20x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2976 | −0.086% | $41K | — | 3x | as long as short |
| Extended JUP-USD | +0.0112% | 1h | 0.2972 | −0.247% | $2.2M | $543K | 25x | as long as short |
| Phemex JUPUSDT | +0.0228% | 4h | 0.2983 | +0.136% | $2.9M | $2.9M | 50x | as long as short |
| Phoenix JUP | +0.0272% | 1h | 0.2999 | +0.686% | $104K | $265K | 10x | as long as short |
| BloFin JUP-USDT | +0.0340% | 4h | 0.2984 | +0.169% | $840K | $380K | 50x | as long as short |
| Coinbase International JUP-PERP-INTXshort | +0.0360% | 1h | 0.2980 | +0.042% | $77K | $52K | 50x | |
| Kraken Futures PF_JUPUSDlong | +0.0388% | 1h | 0.2979 | long leg | $586K | $397K | 20x |
Kraken Futures PF_JUPUSD
Coinbase International JUP-PERP-INTX
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
ApeX Omni JUPUSDT
Deribit JUP_USDC-PERPETUAL
Pacifica JUP
gTrade (Gains Network) JUP/USD
01 Exchange JUPUSD
Paradex JUP-USD-PERP
Lighter JUP
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
Polymarket Perps JUP-USD
HTX JUP-USDT
Extended JUP-USD
Phemex JUPUSDT
Phoenix JUP
BloFin JUP-USDT