JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%

Price spread now: Variational Omni against Polymarket Perps+0.043%7-day average −0.120% · you sell dearer than you buy

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

Long on Polymarket Perps Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.005%−$1 on $10k

Price spread, last 4 days (all we have)−0.313%−$31 · spread now +0.043%, 7d avg −0.120%

Together, before fees−0.318%+ Points / potential airdropVariational Omni: Active · farm board−$32 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.163% dearer against Polymarket Perps than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.120%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps JUP-USD	0.2950	0.0100	pay 0.0013% / 1h	9m 24s	$93K	$105K	10x
Short	Variational Omni JUP	0.2951	0.0100	get 0.0050% / 4h	3h 09m	$721K	$624K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Polymarket PerpsbpFee Variational OmnibpOrdersPrice spread, now +0.043%Rate

Funding earned: $0
Price spread: +0.043% → −0.120%: $16.25
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $8.25
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Polymarket Perps: live order book, 42 min ago; Variational Omni: RFQ quote, 60 min ago. 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 Polymarket Perps live order book, 42 min ago	9.78 bp	15.7 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 60 min ago	8.46 bp	doesn't fit	32.1 bp −$321	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	−0.5000%	1h	0.2918	−1.075%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2945	−0.163%	$16K	—	100x	as long as short
Pacifica JUP	−0.0183%	1h	0.2947	−0.095%	$281K	$146K	10x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2952	+0.094%	$39K	$21K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2948	−0.064%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2946	−0.130%	—	—	150x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2942	−0.253%	—	—	20x	as long as short
Backpack JUP_USDC_PERP	+0.0073%	1h	0.2946	−0.112%	$975K	$186K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2951	+0.044%	$778K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0100%	8h	0.2948	−0.069%	$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
Nado JUP-PERP	+0.0100%	1h	0.2945	−0.159%	$594K	$488K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2948	−0.058%	$18.5M	$8.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2946	−0.138%	$110K	$273K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2944	−0.205%	$16.1M	$39.5M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2940	−0.315%	$15.9M	$17.7M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2942	−0.261%	$4.1M	$11.0M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2955	+0.180%	$61K	−$0	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2944	−0.193%	$730K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2945	−0.159%	$7.3M	$6.2M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2947	−0.092%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2946	−0.125%	$5.8M	$5.3M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2944	−0.193%	—	$20.7M	—	as long as short
Variational Omni JUPshort	+0.0100%	4h	0.2951	+0.043%	$721K	$624K	—
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2959	+0.323%	$1.6M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2957	+0.247%	$163K	$255K	50x	as long as short
Polymarket Perps JUP-USDlong	+0.0100%	1h	0.2950	long leg	$93K	$105K	10x
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2944	−0.193%	$30K	$41K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2946	−0.125%	$111K	$44K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2951	+0.044%	$2.9M	$3.0M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2942	−0.267%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0136%	1h	0.2946	−0.122%	$26K	$17K	5x	as long as short
Kraken Futures PF_JUPUSD	+0.0178%	1h	0.2950	−0.003%	$585K	$470K	20x	as long as short
Phoenix JUP	+0.0216%	1h	0.2955	+0.180%	$98K	$283K	10x	as long as short
Extended JUP-USD	+0.0224%	1h	0.2944	−0.177%	$2.2M	$504K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0240%	1h	0.2968	+0.614%	$75K	$50K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2950	+0.010%	$833K	$378K	50x	as long as short