Spread before costs (cost unknown: a leg has no order-book sample)−0.068%
7d average−0.021%if it closes, per $10,000$7funding while held, a day−$7.93
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter JUP | 0.2957 | 0.0096 | pay 0.0012% / 1h | 41m 23s | $861K | $1.1M | 10x |
| Short | GMX JUP/USD [WBTC.b-USDC] | 0.2955 | L −0.0463% / S +0.0168% | pay 0.0021% / 1h | 41m 23s | $13K | — | 100x |
Lighter JUP
GMX JUP/USD [WBTC.b-USDC]Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$6.76
- Funding while held
- −$7.93
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$26.69
- Spread needed to break even
- 0.120%
Slippage unknown: Lighter: live order book, 1 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0264%
- Per $10,000 a day
- −$7.93
- Average in range /8h
- —
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 | 2.53 bp | 6.9 bp −$7 | 36.7 bp −$367 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.2947cheapestOKX0.2949+0.082%Bybit0.2950+0.116%HTX0.2950+0.116%Injective0.2951+0.150%Nado0.2952+0.176%Gate0.2952+0.184%Extended0.2952+0.185%Binance0.2953+0.205%Reya0.2953+0.214%MEXC0.2953+0.218%Paradex0.2953+0.226%Pacifica0.2953+0.229%BingX0.2954+0.252%Orderly0.2954+0.252%BloFin0.2954+0.252%Aevo0.2955+0.271%
Variational Omni
OKX
Bybit
HTX
Injective
Nado
Gate
Extended
Binance
Reya
MEXC
Paradex
Pacifica
BingX
Orderly
BloFin
AevoGMX0.2955+0.283%
01 Exchange0.2955+0.286%KuCoin0.2955+0.286%Bitget0.2955+0.286%gTrade (Gains Network)0.2955+0.286%Aster0.2955+0.296%Bulk0.2955+0.299%dYdX0.2956+0.312%ApeX Omni0.2956+0.320%Backpack0.2956+0.333%
KuCoin
Bitget
gTrade (Gains Network)
Aster
Bulk
dYdX
ApeX Omni
BackpackLighter0.2957+0.350%
Phoenix0.2957+0.350%Hyperliquid0.2957+0.367%Polymarket Perps0.2958+0.371%Deribit0.2958+0.378%Kraken Futures0.2958+0.383%Coinbase International0.2959+0.422%Phemex0.2961+0.490%
Phoenix
Hyperliquid
Polymarket Perps
Deribit
Kraken Futures
Coinbase International
PhemexJUP on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni JUP | −0.349% | +0.0100% | 4h | $712K | $1.2M | — | as long as short |
| OKX JUP-USDT-SWAP | −0.267% | −0.0166% | 4h | $4.1M | $16.3M | 50x | as long as short |
| Bybit JUPUSDT | −0.233% | +0.0056% | 4h | $16.6M | $23.1M | 50x | as long as short |
| HTX JUP-USDT | −0.233% | +0.0100% | 4h | $111K | $76K | 20x | as long as short |
| Injective JUP/USDC PERP | −0.200% | +0.0053% | 1h | $4K | $18K | 5.5x | as long as short |
| Nado JUP-PERP | −0.174% | +0.0100% | 1h | $614K | $627K | 10x | as long as short |
| Gate JUP_USDT | −0.166% | −0.0162% | 4h | $753K | $1.9M | 75x | as long as short |
| Extended JUP-USD | −0.165% | +0.0208% | 1h | $2.2M | $501K | 25x | as long as short |
| Binance JUPUSDT | −0.145% | +0.0100% | 4h | $16.6M | $56.0M | 75x | as long as short |
| Reya JUPRUSDPERP | −0.136% | +0.0057% | 1h | — | — | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC JUP_USDT | −0.132% | +0.0100% | 4h | $8.6M | $8.0M | 200x | as long as short |
| Paradex JUP-USD-PERP | −0.124% | +0.0073% | 8h | $9K | $15K | 10x | as long as short |
| Pacifica JUP | −0.121% | +0.0100% | 1h | $283K | $170K | 10x | as long as short |
| BingX JUP-USDT | −0.098% | +0.0100% | 4h | — | $21.2M | — | as long as short |
| Orderly PERP_JUP_USDC | −0.098% | +0.0096% | 4h | $24K | $40K | 10x | as long as short |
| BloFin JUP-USDT | −0.098% | +0.0069% | 4h | $888K | $264K | 50x | as long as short |
| Aevo JUP-PERP | −0.079% | +0.0104% | 1h | $40K | — | 3x | as long as short |
| GMX JUP/USD [WBTC.b-USDC]short | −0.068% | L −0.0463% / S +0.0168% | 1h | $13K | — | 100x | |
| 01 Exchange JUPUSD | −0.064% | +0.0008% | 1h | $26K | $19K | 5x | as long as short |
| KuCoin JUPUSDTM | −0.064% | +0.0100% | 4h | $4.1M | $7.4M | 50x | as long as short |
| Bitget JUPUSDT | −0.064% | +0.0100% | 4h | $5.7M | $8.7M | 75x | as long as short |
| gTrade (Gains Network) JUP/USD | −0.064% | L +0.0002% / S −0.0001% | 1h | $16K | — | 150x | as long as short |
| Aster JUPUSDT | −0.054% | +0.0099% | 4h | $115K | $361K | 10x | as long as short |
| Bulk JUP-USD | −0.052% | +0.0100% | 1h | $58K | $2K | 10x | as long as short |
| dYdX JUP-USD | −0.039% | +0.0107% | 1h | $39K | $41K | 5x | as long as short |
| ApeX Omni JUPUSDT | −0.030% | +0.0100% | 1h | $157K | $320K | 50x | as long as short |
| Backpack JUP_USDC_PERP | −0.017% | +0.0015% | 1h | $978K | $258K | 10x | as long as short |
| Lighter JUPlong | 0.000% | +0.0096% | 1h | $861K | $1.1M | 10x | |
| Phoenix JUP | 0.000% | +0.0055% | 1h | $47K | $383K | 10x | as long as short |
| Hyperliquid JUP | +0.017% | +0.0100% | 1h | $19.0M | $14.1M | 10x | as long as short |
| Polymarket Perps JUP-USD | +0.020% | +0.0100% | 1h | $93K | $149K | 10x | as long as short |
| Deribit JUP_USDC-PERPETUAL | +0.027% | 0.0000% | 1h | $57K | $13K | 10x | as long as short |
| Kraken Futures PF_JUPUSD | +0.033% | −0.0119% | 1h | $560K | $563K | 20x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.071% | +0.0256% | 1h | $75K | $90K | 50x | as long as short |
| Phemex JUPUSDT | +0.139% | +0.0100% | 4h | $2.9M | $4.1M | 50x | as long as short |