JUP arbitrage between HyperLiquid and Kraken: we compare the price of JUP on HyperLiquid (futures) and Kraken (spot) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

About Jupiter

Jupiter is a cryptocurrency exchange platform on the Solana blockchain, offering features such as token swapping, limit orders, dollar-cost averaging, and a bridge for asset transfers to Solana. It provides users with tools to find the best trading prices and includes a beta version for perpetual futures trading. Jupiter finds the best price route for your swap by aggregating all the major liquidity sources on Solana.

Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi), Perpetuals

Open interest in JUP right now — $42.7M: Binance $9.8M, BingX $9.6M, Bybit $8.9M, HyperLiquid $6.2M, Bitget $3.1M. See OI JUP.

News about JUP

About JUP arbitrage

How do I read the JUP spread?

The spread is how many percent higher JUP trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on HyperLiquid and Kraken. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get JUP alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.