Live data
Jupiter (JUP) perpetual futures
Live funding rates, open interest, and measured trade costs for Jupiter. 11 venues in the PerpFinder venue map list JUP perps.
At a glance
This JUP funding snapshot covers 2 venues: Hyperliquid and dYdX. It is the server-rendered page seed, not the venue total; the live funding panel below covers every venue that lists JUP.
- Highest annualized funding
- +10.95%Hyperliquid
- Executable spread
- 18.80% annualizedHyperliquid vs dYdX
More
The highest executable annualized funding rate is +10.95% on Hyperliquid, and the lowest is -7.85% on dYdX.
The executable spread between Hyperliquid and dYdX is 18.80% annualized, from 2 venues that report open interest.
Hyperliquid and dYdX report $10.7m of open interest across the venues in this snapshot that publish it.
The JUP price in this snapshot comes from Hyperliquid at $0.2293.
Generated from live venue feeds at
Funding rates
Annualized rates across exchanges
HyperliquidDEX
dYdXDEXOpen interest
Per-exchange open interest
HyperliquiddYdXLong/short ratio
Account-level positioning
Long/short ratios are published for BTC, ETH, SOL, and XRP only.
Cost comparison
Fee plus slippage for a $100K trade
The order-book cost engine measures BTC, ETH, SOL, XRP, BNB, DOGE and HYPE. JUP is not measured. Live costs for the measured assets are on the cost comparison tool.
Where to Trade Jupiter (JUP) Perpetual Futures
8 of the 11 venues that list JUP perps have a PerpFinder review page. The table compares fees, leverage, and features for those 8.
| Venue | Maker | Taker | Max leverage | Rating | Trade |
|---|---|---|---|---|---|
| 0.015% | 0.045% | 40x | 9.2 | JUP → | |
| 0.010% | 0.050% | 50x | 9.0 | JUP → | |
| 0.06% when opening and again when closing; base position fee; price impact, borrowing, swap, and network costs are separate | 250x | 8.3 | JUP → | ||
| 0.035% when opening and again when closing; BTC and ETH review rate; other pairs can use different fees and spreads | 1000x | 8.0 | JUP → | ||
| 0.010% | 0.020% | 100x | 7.8 | JUP → | |
| Free | 0.030% | 50x | 7.8 | JUP → | |
| -0.010% | 0.017% | 1000x | 7.8 | JUP → | |
| 0.050% | 0.080% | 20x | 7.5 | JUP → | |
Market Overview
JUP perps represent the Jupiter protocol's position as Solana's dominant DEX aggregator and liquidity hub. Jupiter routes the majority of Solana token swaps, operates Jupiter Perps as a standalone derivative product, and governs its ecosystem through the JUP token. Trading JUP perps means taking a view on whether Jupiter maintains that aggregation dominance as Solana's DeFi ecosystem grows.
Venue depth and the Solana DEX overlap
Binance, Bybit, and OKX all quote JUP perps, and Hyperliquid lists the pair on-chain. A notable structural feature: Jupiter Perps itself is one of the venues PerpFinder tracks for perp data — meaning Jupiter is simultaneously a perp venue and a perp-tradeable asset. Traders who hold JUP positions are long the protocol that generates fee revenue from other traders on the platform.
Coinalyze's JUP open interest data shows OI that tracks Solana ecosystem cycles closely. Binance runs the deepest JUP book, and Bybit is competitive for standard position sizes.
Funding dynamics and Solana DeFi activity
JUP funding is positively correlated with Solana swap volume. When Solana DeFi activity is elevated — during memecoin cycles, new protocol launches, or high-speed market volatility — Jupiter's fee revenue grows and traders price this into JUP perp longs. JUP funding runs above SOL funding during peak Solana activity, because JUP carries the more leveraged version of the same trade.
The JLP pool, which backs Jupiter Perps' liquidity, also affects JUP sentiment. Strong JLP performance signals healthy perp trading volume on Jupiter, which reinforces positive JUP funding. DefiLlama's Jupiter data tracks protocol fees and TVL.
Risks for JUP perp holders
JUP carries competition risk from other Solana aggregators and from direct-to-AMM routing improvements. If a competing aggregator captures meaningful swap volume, Jupiter's fee revenue declines. The token also has ongoing vesting from the initial allocation. Track JUP versus SOL funding spread using the funding rates tool and review the cost comparison tool before entering.
Trading Tips for Jupiter Perps
JUP revenue is directly tied to Solana trading volume. Monitor Jupiter's daily volume and JLP pool TVL as fundamental indicators. JUP perps tend to rally when Solana memecoin activity spikes, since Jupiter captures swap fees from that activity.
Frequently Asked Questions — Jupiter (JUP)
What is the current JUP perpetual futures funding rate?
The live Jupiter (JUP) funding-rate panel updates every 2 minutes. It shows annualized rates for each exchange that lists JUP perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest JUP perp trading fees?
Among 6 tracked JUP venues with comparable order-book schedules, DESK lists the lowest taker fee at 0.017%. SynFutures lists 0.020%. 2 position-fee venues are excluded from this maker/taker result. Use the cost comparison for total cost.
How does Jupiter open interest compare across exchanges?
The Jupiter (JUP) open-interest chart shows the total value of outstanding JUP derivative contracts on each exchange. Rising open interest indicates new capital entering the market, while declining OI suggests positions are being closed.
What does the JUP long/short ratio indicate?
The Jupiter long/short ratio shows the balance between traders betting on price increases (longs) versus decreases (shorts) across exchanges. An extreme ratio in either direction can signal potential reversals as crowded positioning often leads to liquidation cascades.
Where can I trade JUP perpetual futures?
Jupiter (JUP) perps are listed on 8 exchanges, including Hyperliquid, dYdX, Jupiter Perps, Gains Network, and SynFutures, plus 3 more. The "Where to Trade Jupiter (JUP) Perpetual Futures" section compares fees and leverage limits and gives a direct trading link for each venue.
Category: DeFi · Data updates every 2 minutes · All rates shown are annualized