Settings8H · net · $10k
Funding arb · Price arb /

JUP

all JUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0323%/8h= −35.3% APRnext payment $0.40 per $10,000 · paid last 24h −0.046%
Price spread now: Deribit against Aevo−0.520%56s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Deribit is 0.520% cheaper against Aevo than usual: you would sell low and buy high (−$52 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo JUP-PERP0.30010.0104pay 0.0013% / 1h43m 27s$41K3x
ShortDeribit JUP_USDC-PERPETUAL0.2985−0.0219pay 0.0027% / 1h43m 27s$55K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
−$67.77
Price spread: −0.520% → 0.000%
−$51.98
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$142.76
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Deribit no order-book sample
Aevo and Deribit: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective JUP/USDC PERP−0.4634%1h0.2959−1.400%$3K$206K5.5xas long as short
Pacifica JUP−0.0356%1h0.2990−0.380%$285K$150K10xas long as short
Deribit JUP_USDC-PERPETUALshort−0.0219%1h0.2985−0.520%$55K$16K10x
GMX JUP/USD [WBTC.b-USDC]L −0.0210% / S +0.0573%1h0.3002+0.027%$17K100xas long as short
Kraken Futures PF_JUPUSD−0.0101%1h0.2987−0.474%$601K$542K20xas long as short
gTrade (Gains Network) JUP/USDL +0.0002% / S −0.0001%1h0.3001+0.014%$17K150xas long as short
OKX JUP-USDT-SWAP+0.0011%4h0.2998−0.100%$4.1M$16.1M50xas long as short
01 Exchange JUPUSD+0.0024%1h0.2995−0.187%$26K$19K5xas long as short
dYdX JUP-USD+0.0030%1h0.2990−0.368%$39K$32K5xas long as short
Reya JUPRUSDPERP+0.0057%1h0.3000−0.049%20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni JUP+0.0076%4h0.2985−0.532%$723K$776Kas long as short
Paradex JUP-USD-PERP+0.0081%8h0.2990−0.380%$9K$13K10xas long as short
Lighter JUP+0.0096%1h0.2992−0.317%$753K$1.3M10xas long as short
Orderly PERP_JUP_USDC+0.0100%4h0.3002+0.033%$31K$47K10xas long as short
Nado JUP-PERP+0.0100%1h0.3000−0.042%$622K$639K10xas long as short
Hyperliquid JUP+0.0100%1h0.3004+0.090%$19.3M$13.0M10xas long as short
Aster JUPUSDT+0.0100%4h0.2994−0.221%$115K$336K10xas long as short
Binance JUPUSDT+0.0100%4h0.30010.000%$16.5M$50.8M75xas long as short
Bybit JUPUSDT+0.0100%4h0.2999−0.067%$16.4M$21.4M50xas long as short
Bulk JUP-USD+0.0100%1h0.2987−0.461%$62K$8K10xas long as short
Gate JUP_USDT+0.0100%4h0.2998−0.100%$757K$1.6M75xas long as short
MEXC JUP_USDT+0.0100%4h0.3000−0.033%$8.1M$7.2M200xas long as short
KuCoin JUPUSDTM+0.0100%4h0.30010.000%$4.2M$6.8M50xas long as short
Bitget JUPUSDT+0.0100%4h0.3002+0.033%$5.9M$7.2M75xas long as short
BingX JUP-USDT+0.0100%4h0.3000−0.033%$20.9Mas long as short
Backpack JUP_USDC_PERP+0.0100%1h0.2986−0.506%$988K$232K10xas long as short
GRVT JUP_USDT_Perp+0.0100%4h0.2989−0.400%$1.6M$3.7M10xas long as short
ApeX Omni JUPUSDT+0.0100%1h0.2984−0.566%$159K$312K50xas long as short
Polymarket Perps JUP-USD+0.0100%1h0.3003+0.067%$95K$116K10xas long as short
HTX JUP-USDT+0.0100%4h0.2979−0.733%$112K$57K20xas long as short
Phemex JUPUSDT+0.0100%4h0.2991−0.333%$2.9M$3.8M50xas long as short
Aevo JUP-PERPlong+0.0104%1h0.3001long leg$41K3x
Extended JUP-USD+0.0112%1h0.2990−0.362%$2.2M$492K25xas long as short
BloFin JUP-USDT+0.0116%4h0.2987−0.467%$846K$310K50xas long as short
Phoenix JUP+0.0214%1h0.2989−0.390%$97K$469K10xas long as short
Coinbase International JUP-PERP-INTX+0.0280%1h0.2996−0.160%$75K$88K50xas long as short