Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h −0.002%

Price spread now: BloFin against Aevo−0.028%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 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. BloFin is 0.028% cheaper against Aevo than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 9 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo JUP-PERP	0.2946	0.0104	pay 0.0013% / 1h	53m 00s	$40K	—	3x
Short	BloFin JUP-USDT	0.2945	0.0340	get 0.0170% / 4h	53m 00s	$844K	$382K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Aevo. 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 AevobpFee BloFinbpOrdersPrice spread, now −0.028%Rate

Funding earned: $49.56
Price spread: −0.028% → 0.000%: −$2.78
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee BloFin: 6 bp × 2 orders: −$12
Net: $18.78
Costs to cover: 0.280%
Break-even: 4.3 days

Slippage unknown: Aevo: no order-book sample; BloFin: live order book, 49 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 Aevo no order-book sample	—	—	—	—	—
Sell BloFin live order book, 49 min ago	3.40 bp	9.4 bp −$9	22.2 bp −$222	82.0 bp −$8,195	doesn't fit

Aevo: 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	−0.4661%	1h	0.2910	−1.216%	$3K	$206K	5.5x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0293%	1h	0.2948	+0.057%	$54K	$16K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2948	+0.080%	$16K	—	100x	as long as short
Pacifica JUP	−0.0125%	1h	0.2948	+0.082%	$281K	$147K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2949	+0.116%	—	—	150x	as long as short
dYdX JUP-USD	+0.0003%	1h	0.2952	+0.224%	$39K	$26K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2947	+0.040%	—	—	20x	as long as short
Kraken Futures PF_JUPUSD	+0.0096%	1h	0.2949	+0.106%	$590K	$489K	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2949	+0.122%	$780K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0099%	8h	0.2947	+0.045%	$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	0.2948	+0.082%	$595K	$502K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2950	+0.139%	$18.7M	$9.5M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2950	+0.135%	$114K	$289K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2945	−0.034%	$16.2M	$42.4M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2943	−0.096%	$15.8M	$18.9M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2944	−0.062%	$4.0M	$12.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2957	+0.380%	$62K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2950	+0.142%	$732K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2946	+0.006%	$7.3M	$6.4M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2948	+0.074%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2946	+0.006%	$5.7M	$5.8M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2947	+0.040%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2948	+0.057%	$977K	$247K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2960	+0.482%	$722K	$693K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2955	+0.327%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2945	−0.028%	$156K	$265K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2951	+0.166%	$93K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2948	+0.074%	$31K	$42K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2946	+0.006%	$111K	$49K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2954	+0.278%	$2.9M	$3.2M	50x	as long as short
Aevo JUP-PERPlong	+0.0104%	1h	0.2946	long leg	$40K	—	3x
01 Exchange JUPUSD	+0.0160%	1h	0.2948	+0.067%	$26K	$19K	5x	as long as short
Coinbase International JUP-PERP-INTX	+0.0208%	1h	0.2960	+0.498%	$75K	$50K	50x	as long as short
Phoenix JUP	+0.0271%	1h	0.2965	+0.648%	$99K	$304K	10x	as long as short
BloFin JUP-USDTshort	+0.0340%	4h	0.2945	−0.028%	$844K	$382K	50x
Extended JUP-USD	+0.0408%	1h	0.2944	−0.063%	$2.2M	$502K	25x	as long as short