JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0190%/8h= +20.8% APRnext payment +$0.24 per $10,000 · paid last 24h −0.101%

Price spread now: Deribit against Kraken Futures−0.105%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.898%−$90 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Deribit is 0.105% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.105% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 44 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.898%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_JUPUSD	0.2976	−0.0209	get 0.0026% / 1h	24m 46s	$600K	$597K	20x
Short	Deribit JUP_USDC-PERPETUAL	0.2973	−0.0019	pay 0.0002% / 1h	24m 46s	$56K	$14K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 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 Kraken FuturesbpFee DeribitbpOrdersPrice spread, now −0.105%Rate

Funding earned: $39.87
Price spread: −0.105% → 0.000%: −$10.49
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $12.38
Costs to cover: 0.170%
Break-even: 4.8 days

Slippage unknown: Kraken Futures: live order book, 53 min ago; Deribit: 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, 53 min ago	11.84 bp	25.6 bp −$26	100.5 bp −$1,005	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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	−0.4371%	1h	0.2950	−0.861%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2973	−0.099%	$16K	—	100x	as long as short
Kraken Futures PF_JUPUSDlong	−0.0209%	1h	0.2976	long leg	$600K	$597K	20x
Pacifica JUP	−0.0199%	1h	0.2970	−0.173%	$283K	$167K	10x	as long as short
Bybit JUPUSDT	−0.0056%	4h	0.2968	−0.270%	$16.2M	$22.5M	50x	as long as short
Deribit JUP_USDC-PERPETUALshort	−0.0019%	1h	0.2973	−0.105%	$56K	$14K	10x
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2973	−0.072%	$17K	—	150x	as long as short
01 Exchange JUPUSD	+0.0016%	1h	0.2970	−0.172%	$26K	$19K	5x	as long as short
Gate JUP_USDT	+0.0046%	4h	0.2972	−0.122%	$744K	$1.8M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2969	−0.226%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX JUP-USD	+0.0060%	1h	0.2973	−0.071%	$39K	$33K	5x	as long as short
Variational Omni JUP	+0.0075%	4h	0.2975	−0.016%	$720K	$880K	—	as long as short
Paradex JUP-USD-PERP	+0.0086%	8h	0.2970	−0.183%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2974	−0.065%	$795K	$1.4M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2973	−0.088%	$31K	$48K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2972	−0.122%	$613K	$657K	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2974	−0.055%	$115K	$361K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2971	−0.166%	$16.3M	$53.3M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2968	−0.256%	$4.1M	$16.2M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2981	+0.184%	$58K	$2K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2972	−0.122%	$8.1M	$7.7M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2973	−0.088%	$4.2M	$7.0M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2970	−0.189%	$5.8M	$7.6M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2970	−0.189%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2974	−0.071%	$984K	$242K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2982	+0.208%	$1.7M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2983	+0.248%	$159K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2975	−0.014%	$94K	$128K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2964	−0.391%	$111K	$66K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2979	+0.114%	$2.9M	$3.9M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2972	−0.138%	$41K	—	3x	as long as short
Hyperliquid JUP	+0.0123%	1h	0.2976	+0.023%	$19.1M	$13.0M	10x	as long as short
BloFin JUP-USDT	+0.0137%	4h	0.2975	−0.021%	$849K	$320K	50x	as long as short
Phoenix JUP	+0.0162%	1h	0.2984	+0.268%	$97K	$479K	10x	as long as short
Extended JUP-USD	+0.0240%	1h	0.2968	−0.260%	$2.2M	$507K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.3000	+0.833%	$75K	$93K	50x	as long as short