Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Binance−0.085%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$430.429% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.052%+$5 on $10k

Price spread, last 7 days+0.078%+$8 · spread now −0.085%, 7d avg −0.016%

Together, before fees+0.130%+$13 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: BingX is 0.069% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance JUPUSDT	0.2962	0.0100	pay 0.0050% / 4h	55m 34s	$16.3M	$42.4M	75x
Short	BingX JUP-USDT	0.2959	0.0100	get 0.0050% / 4h	55m 34s	—	$20.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now −0.085%Rate

Funding earned: $0
Price spread: −0.085% → −0.016%: −$6.87
Slippage, 4 orders: −$22.91
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$49.78
Costs to cover: 0.429%
Break-even: never at this rate

Slippage from Binance: live order book, 1 min ago; BingX: live order book, 13 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 Binance live order book, 1 min ago	1.69 bp	11.9 bp −$12	26.4 bp −$264	311.4 bp −$31.1K	doesn't fit
Sell BingX live order book, 13 min ago	3.37 bp	10.0 bp −$10	13.0 bp −$130	21.1 bp −$2,108	64.1 bp −$32.1K

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	−1.739%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2963	+0.066%	$16K	—	100x	as long as short
Pacifica JUP	−0.0125%	1h	0.2962	+0.001%	$282K	$147K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2966	+0.138%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2964	+0.079%	—	—	150x	as long as short
dYdX JUP-USD	+0.0004%	1h	0.2964	+0.101%	$39K	$26K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2963	+0.051%	—	—	20x	as long as short
Kraken Futures PF_JUPUSD	+0.0095%	1h	0.2965	+0.124%	$593K	$489K	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2964	+0.097%	$784K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0099%	8h	0.2960	−0.057%	$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	0.2963	+0.067%	$598K	$502K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2965	+0.111%	$18.8M	$9.6M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2962	+0.023%	$114K	$289K	10x	as long as short
Binance JUPUSDTlong	+0.0100%	4h	0.2962	long leg	$16.3M	$42.4M	75x
Bybit JUPUSDT	+0.0100%	4h	0.2959	−0.085%	$15.9M	$18.9M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2960	−0.051%	$4.0M	$12.2M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2953	−0.287%	$61K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2959	−0.085%	$735K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2960	−0.051%	$7.4M	$6.4M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2961	−0.017%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2962	+0.016%	$5.8M	$5.8M	75x	as long as short
BingX JUP-USDTshort	+0.0100%	4h	0.2959	−0.085%	—	$20.7M	—
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2967	+0.172%	$984K	$249K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2960	−0.051%	$722K	$693K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2955	−0.204%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2953	−0.287%	$157K	$266K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2965	+0.111%	$94K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2964	+0.084%	$31K	$42K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2954	−0.254%	$111K	$49K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2966	+0.151%	$2.9M	$3.3M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2966	+0.137%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0184%	1h	0.2965	+0.121%	$26K	$19K	5x	as long as short
Coinbase International JUP-PERP-INTX	+0.0208%	1h	0.2962	+0.010%	$75K	$50K	50x	as long as short
Phoenix JUP	+0.0244%	1h	0.2949	−0.433%	$98K	$304K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2953	−0.287%	$846K	$384K	50x	as long as short
Extended JUP-USD	+0.0432%	1h	0.2960	−0.048%	$2.2M	$502K	25x	as long as short