Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h −0.004%

Price spread now: Paradex against Aevo−0.085%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 Paradex

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—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.085% cheaper against Aevo than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo JUP-PERP	0.2977	0.0104	pay 0.0013% / 1h	15m 34s	$41K	—	3x
Short	Paradex JUP-USD-PERP	0.2974	0.0098	get 0.0098% / 8h	5h 15m	$9K	$11K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.085%Rate

Funding earned: −$1.27
Price spread: −0.085% → 0.000%: −$8.49
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$29.75
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Paradex: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Aevo and Paradex: 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	0.2941	−1.209%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0340% / S +0.0664%	1h	0.2982	+0.180%	$16K	—	100x	as long as short
Pacifica JUP	−0.0224%	1h	0.2974	−0.104%	$283K	$147K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2981	+0.134%	$55K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2982	+0.168%	—	—	150x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2974	−0.093%	—	—	20x	as long as short
Bybit JUPUSDT	+0.0066%	4h	0.2972	−0.165%	$15.9M	$19.0M	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2977	−0.007%	$786K	$1.1M	10x	as long as short
Paradex JUP-USD-PERPshort	+0.0098%	8h	0.2974	−0.085%	$9K	$11K	10x
Nado JUP-PERP	+0.0100%	1h	0.2974	−0.118%	$601K	$504K	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	0.2978	+0.037%	$18.9M	$9.7M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2978	+0.017%	$115K	$290K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2975	−0.067%	$16.4M	$42.7M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2976	−0.034%	$4.1M	$12.4M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2958	−0.638%	$62K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2975	−0.067%	$742K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2974	−0.101%	$7.4M	$6.6M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2976	−0.034%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2976	−0.034%	$5.8M	$5.9M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2975	−0.067%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2979	+0.057%	$986K	$247K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2978	+0.048%	$727K	$694K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2981	+0.134%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2980	+0.101%	$158K	$266K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2978	+0.017%	$94K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2981	+0.134%	$31K	$42K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2974	−0.101%	$112K	$47K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2986	+0.302%	$2.9M	$3.3M	50x	as long as short
Aevo JUP-PERPlong	+0.0104%	1h	0.2977	long leg	$41K	—	3x
dYdX JUP-USD	+0.0135%	1h	0.2976	−0.020%	$39K	$26K	5x	as long as short
Kraken Futures PF_JUPUSD	+0.0199%	1h	0.2979	+0.078%	$596K	$488K	20x	as long as short
01 Exchange JUPUSD	+0.0208%	1h	0.2977	0.000%	$26K	$19K	5x	as long as short
Coinbase International JUP-PERP-INTX	+0.0240%	1h	0.2983	+0.205%	$75K	$50K	50x	as long as short
Phoenix JUP	+0.0244%	1h	0.2986	+0.296%	$98K	$329K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2979	+0.067%	$644K	$388K	50x	as long as short
Extended JUP-USD	+0.0416%	1h	0.2974	−0.110%	$2.2M	$496K	25x	as long as short