JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.061%

Price spread now: Extended against Lighter−0.135%7-day average −0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs+$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$430.425% of the position

Long on Lighter Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.719%+$72 on $10k

Price spread, last 7 days+0.291%+$29 · spread now −0.135%, 7d avg −0.065%

Together, before fees+1.011%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$101 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.070% cheaper against Lighter than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of −0.065%). If the spread goes back, that is −$7 on $10k: about 15 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.719% in total) that is about 16 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter JUP	0.2949	0.0096	pay 0.0012% / 1h	49m 14s	$762K	$1.0M	10x
Short	Extended JUP-USD	0.2945	0.0112	get 0.0014% / 1h	49m 14s	$2.2M	$567K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Lighter. 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 LighterbpFee ExtendedbpOrdersPrice spread, now −0.135%Rate

Funding earned: $3.36
Price spread: −0.135% → −0.065%: −$7.02
Slippage, 4 orders: −$37.55
Fee Lighter: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$46.21
Costs to cover: 0.425%
Break-even: 103.3 days

Slippage from Lighter: live order book, 1 min ago; Extended: live order book, 4 min ago.

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 Lighter live order book, 1 min ago	4.24 bp	8.5 bp −$8	44.7 bp −$447	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	6.80 bp	11.7 bp −$12	doesn't fit	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 PERP	−0.3798%	1h	0.2898	−1.713%	$3K	$205K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2945	−0.104%	$16K	—	100x	as long as short
Bybit JUPUSDT	−0.0240%	4h	0.2943	−0.187%	$15.9M	$17.1M	50x	as long as short
Pacifica JUP	−0.0070%	1h	0.2945	−0.132%	$281K	$138K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2946	−0.081%	$53K	$17K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2947	−0.057%	$16K	—	150x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2944	−0.143%	—	—	20x	as long as short
dYdX JUP-USD	+0.0061%	1h	0.2947	−0.034%	$39K	$15K	5x	as long as short
ApeX Omni JUPUSDT	+0.0090%	1h	0.2936	−0.424%	$162K	$249K	50x	as long as short
Lighter JUPlong	+0.0096%	1h	0.2949	long leg	$762K	$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	0.2945	−0.113%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2948	−0.017%	$581K	$492K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2952	+0.109%	$18.2M	$9.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2947	−0.048%	$103K	$300K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2947	−0.067%	$16.1M	$38.7M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2946	−0.085%	$4.1M	$10.2M	50x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2946	−0.085%	$701K	$1.3M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2947	−0.051%	$7.2M	$5.5M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2949	+0.017%	$4.0M	$6.8M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2946	−0.085%	$5.8M	$4.9M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2946	−0.085%	—	$20.5M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2943	−0.190%	$976K	$222K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2946	−0.084%	$712K	$527K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2938	−0.356%	$1.6M	$4.0M	10x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2949	+0.014%	$93K	$106K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2946	−0.085%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2948	−0.017%	$112K	$45K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2950	+0.051%	$2.9M	$3.0M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2935	−0.470%	$61K	$2K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2943	−0.187%	$40K	—	3x	as long as short
Extended JUP-USDshort	+0.0112%	1h	0.2945	−0.135%	$2.2M	$567K	25x
01 Exchange JUPUSD	+0.0192%	1h	0.2950	+0.051%	$26K	$2K	5x	as long as short
Phoenix JUP	+0.0272%	1h	0.2946	−0.078%	$106K	$275K	10x	as long as short
Kraken Futures PF_JUPUSD	+0.0278%	1h	0.2947	−0.046%	$580K	$414K	20x	as long as short
Coinbase International JUP-PERP-INTX	+0.0320%	1h	0.2952	+0.132%	$75K	$49K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2950	+0.051%	$817K	$377K	50x	as long as short