JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0167%/8h= +18.2% APRnext payment +$0.21 per $10,000 · paid last 24h +0.034%

Price spread now: Kraken Futures against 01 Exchange−0.097%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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. Kraken Futures is 0.097% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.097% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 47 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange JUPUSD	0.2939	0.0208	pay 0.0026% / 1h	5m 42s	$26K	$6K	5x
Short	Kraken Futures PF_JUPUSD	0.2936	0.0375	get 0.0047% / 1h	5m 42s	$579K	$418K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against 01 Exchange. 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 01 ExchangebpFee Kraken FuturesbpOrdersPrice spread, now −0.097%Rate

Funding earned: $34.99
Price spread: −0.097% → 0.000%: −$9.7
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $8.29
Costs to cover: 0.170%
Break-even: 5.3 days

Slippage unknown: 01 Exchange: no order-book sample; Kraken Futures: live order book, 37 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 37 min ago	15.36 bp	26.6 bp −$27	83.6 bp −$836	doesn't fit	doesn't fit

01 Exchange: 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	−0.5000%	1h	0.2904	−1.201%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2938	−0.042%	$16K	—	100x	as long as short
Pacifica JUP	−0.0041%	1h	0.2937	−0.076%	$280K	$138K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2937	−0.072%	—	—	150x	as long as short
dYdX JUP-USD	+0.0033%	1h	0.2935	−0.132%	$39K	$16K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2936	−0.103%	—	—	20x	as long as short
Deribit JUP_USDC-PERPETUAL	+0.0091%	1h	0.2935	−0.160%	$53K	$17K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2936	−0.119%	$760K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0100%	8h	0.2936	−0.099%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2937	−0.078%	$573K	$490K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid JUP	+0.0100%	1h	0.2936	−0.116%	$18.1M	$8.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2936	−0.121%	$106K	$280K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2933	−0.215%	$16.1M	$38.9M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2931	−0.272%	$15.9M	$17.4M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2933	−0.214%	$4.1M	$10.4M	50x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2934	−0.180%	$701K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2935	−0.146%	$6.7M	$5.7M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2937	−0.078%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2936	−0.112%	$5.8M	$5.0M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2935	−0.146%	—	$20.5M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2936	−0.126%	$971K	$227K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2934	−0.181%	$711K	$531K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2937	−0.078%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2936	−0.112%	$162K	$254K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2939	0.000%	$92K	$105K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2938	−0.044%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2931	−0.282%	$110K	$43K	20x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2934	−0.163%	$61K	$2K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2934	−0.180%	$40K	—	3x	as long as short
01 Exchange JUPUSDlong	+0.0208%	1h	0.2939	long leg	$26K	$6K	5x
Phoenix JUP	+0.0244%	1h	0.2938	−0.041%	$98K	$285K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0304%	1h	0.2940	+0.041%	$74K	$48K	50x	as long as short
Extended JUP-USD	+0.0320%	1h	0.2934	−0.192%	$2.2M	$572K	25x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2937	−0.078%	$822K	$374K	50x	as long as short
Kraken Futures PF_JUPUSDshort	+0.0375%	1h	0.2936	−0.097%	$579K	$418K	20x
Phemex JUPUSDT	+0.0479%	4h	0.2940	+0.024%	$2.9M	$3.0M	50x	as long as short