Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%

Price spread now: HTX against ApeX Omni−0.406%7-day average −0.259% · you buy dearer than you sell

Net, funding: paid 7d − costs−$263as in the Funding arb table

Net, price: spread back to 7d avg − costs−$280as in the Price arb table

costs, in and out, $10k−$2652.655% of the position

Long on ApeX Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 3 days (all we have)+0.355%+$36 · spread now −0.406%, 7d avg −0.259%

Together, before fees+0.384%+$38 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.146% cheaper against ApeX Omni than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.259%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni JUPUSDT	0.2959	0.0100	pay 0.0013% / 1h	37m 24s	$157K	$319K	50x
Short	HTX JUP-USDT	0.2947	0.0100	get 0.0050% / 4h	1h 37m	$111K	$69K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against ApeX Omni. 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 ApeX OmnibpFee HTXbpOrdersPrice spread, now −0.406%Rate

Funding earned: $0
Price spread: −0.406% → −0.259%: −$14.61
Slippage, 4 orders: −$243.48
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$280.09
Costs to cover: 2.655%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 45 min ago; HTX: live order book, 43 min ago.

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 ApeX Omni live order book, 45 min ago	6.72 bp	20.4 bp −$20	111.4 bp −$1,114	doesn't fit	doesn't fit
Sell HTX live order book, 43 min ago	8.42 bp	117.9 bp −$118	doesn't fit	doesn't fit	doesn't fit

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	−0.3508%	1h	0.2918	−1.386%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0541% / S +0.0374%	1h	0.2948	−0.365%	$15K	—	100x	as long as short
Pacifica JUP	−0.0335%	1h	0.2948	−0.356%	$281K	$172K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0259%	1h	0.2947	−0.402%	$56K	$14K	10x	as long as short
Kraken Futures PF_JUPUSD	−0.0176%	1h	0.2947	−0.390%	$598K	$619K	20x	as long as short
01 Exchange JUPUSD	−0.0096%	1h	0.2948	−0.389%	$26K	$19K	5x	as long as short
Gate JUP_USDT	−0.0014%	4h	0.2946	−0.439%	$733K	$1.9M	75x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2950	−0.321%	$17K	—	150x	as long as short
Bybit JUPUSDT	+0.0035%	4h	0.2944	−0.497%	$16.1M	$23.8M	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2945	−0.470%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX JUP-USD	+0.0065%	1h	0.2953	−0.215%	$39K	$35K	5x	as long as short
Paradex JUP-USD-PERP	+0.0066%	8h	0.2947	−0.406%	$9K	$15K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2950	−0.294%	$791K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2947	−0.414%	$612K	$673K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2952	−0.240%	$18.9M	$13.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2951	−0.265%	$106K	$367K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2946	−0.448%	$16.3M	$56.0M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2945	−0.473%	$4.0M	$16.6M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2947	−0.406%	$7.9M	$8.0M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2950	−0.304%	$4.3M	$7.2M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2950	−0.304%	$5.7M	$8.4M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2946	−0.439%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2950	−0.311%	$976K	$260K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2955	−0.130%	$714K	$1.1M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2957	−0.068%	$1.6M	$4.1M	10x	as long as short
ApeX Omni JUPUSDTlong	+0.0100%	1h	0.2959	long leg	$157K	$319K	50x
Polymarket Perps JUP-USD	+0.0100%	1h	0.2952	−0.250%	$93K	$136K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2948	−0.372%	$31K	$51K	10x	as long as short
HTX JUP-USDTshort	+0.0100%	4h	0.2947	−0.406%	$111K	$69K	20x
Phemex JUPUSDT	+0.0100%	4h	0.2951	−0.270%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2957	−0.068%	$57K	$3K	10x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2944	−0.490%	$2.2M	$541K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2943	−0.526%	$40K	—	3x	as long as short
BloFin JUP-USDT	+0.0160%	4h	0.2954	−0.169%	$848K	$328K	50x	as long as short
Phoenix JUP	+0.0190%	1h	0.2959	−0.007%	$95K	$441K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0264%	1h	0.2989	+1.031%	$74K	$94K	50x	as long as short