Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance−0.320%91s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$530.535% of the position
Funding, last 7 days+0.353%+$35 on $10k
+Price spread, last 4 days (all we have)+0.693%+$69 · spread now −0.320%, 7d avg −0.001%
=Funding pays, the price is against you. BloFin is 0.320% cheaper against Binance than usual: you would sell low and buy high (spread −0.320% now, against its 7-day average of −0.001%). If the spread goes back, that is −$32 on $10k: about 4.4 days of funding at the current rate (+$7 a day). The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance JUPUSDT | 0.2945 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $16.2M | $43.5M | 75x |
| Short | BloFin JUP-USDT | 0.2936 | 0.0340 | get 0.0170% / 4h | 1h 43m | $840K | $370K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $50.4
- Price spread: −0.320% → −0.001%
- −$31.96
- Slippage, 4 orders
- −$31.49
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$35.05
- Costs to cover
- 0.535%
- Break-even
- 11.9 days
Slippage from Binance: live order book, 13 min ago; BloFin: live order book, 83 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, 13 min ago | 1.70 bp | 11.5 bp −$11 | 31.1 bp −$311 | 322.4 bp −$32.2K | doesn't fit |
| Sell BloFin live order book, 83 min ago | 8.33 bp | 14.3 bp −$14 | 16.2 bp −$162 | 54.7 bp −$5,473 | 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 | −0.5000% | 1h | 0.2904 | −1.407% | $3K | $206K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0340% / S +0.0664% | 1h | 0.2936 | −0.313% | $16K | — | 100x | as long as short |
| Pacifica JUP | −0.0224% | 1h | 0.2945 | −0.007% | $281K | $147K | 10x | as long as short |
| Backpack JUP_USDC_PERP | −0.0054% | 1h | 0.2940 | −0.167% | $976K | $231K | 10x | as long as short |
| Bybit JUPUSDT | −0.0021% | 4h | 0.2944 | −0.049% | $15.8M | $19.3M | 50x | as long as short |
| Deribit JUP_USDC-PERPETUAL | 0.0000% | 1h | 0.2941 | −0.147% | $54K | $16K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0001% / S −0.0001% | 1h | 0.2936 | −0.311% | — | — | 150x | as long as short |
| OKX JUP-USDT-SWAP | +0.0018% | 4h | 0.2948 | +0.087% | $4.0M | $12.6M | 50x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2936 | −0.320% | — | — | 20x | as long as short |
| dYdX JUP-USD | +0.0060% | 1h | 0.2943 | −0.067% | $38K | $27K | 5x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni JUP | +0.0076% | 4h | 0.2933 | −0.406% | $715K | $698K | — | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2947 | +0.060% | $779K | $1.1M | 10x | as long as short |
| Paradex JUP-USD-PERP | +0.0096% | 8h | 0.2948 | +0.089% | $9K | $11K | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2936 | −0.312% | $594K | $511K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2946 | +0.023% | $18.7M | $10.1M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2942 | −0.126% | $113K | $299K | 10x | as long as short |
| Binance JUPUSDTlong | +0.0100% | 4h | 0.2945 | long leg | $16.2M | $43.5M | 75x | |
| Bulk JUP-USD | +0.0100% | 1h | 0.2939 | −0.231% | $61K | $8K | 10x | as long as short |
| Gate JUP_USDT | +0.0100% | 4h | 0.2937 | −0.286% | $734K | $1.4M | 75x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2947 | +0.053% | $7.4M | $6.5M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2942 | −0.116% | $4.0M | $6.7M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2947 | +0.053% | $5.7M | $6.1M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2945 | −0.015% | — | $20.8M | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2934 | −0.387% | $1.6M | $3.7M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2936 | −0.320% | $156K | $275K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2940 | −0.191% | $93K | $107K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2938 | −0.252% | $31K | $42K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2934 | −0.388% | $111K | $47K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2941 | −0.150% | $2.9M | $3.4M | 50x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2940 | −0.187% | $40K | — | 3x | as long as short |
| 01 Exchange JUPUSD | +0.0168% | 1h | 0.2936 | −0.313% | $26K | $19K | 5x | as long as short |
| Kraken Futures PF_JUPUSD | +0.0201% | 1h | 0.2941 | −0.146% | $587K | $496K | 20x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0240% | 1h | 0.2938 | −0.266% | $74K | $49K | 50x | as long as short |
| Phoenix JUP | +0.0244% | 1h | 0.2937 | −0.293% | $97K | $329K | 10x | as long as short |
| BloFin JUP-USDTshort | +0.0340% | 4h | 0.2936 | −0.320% | $840K | $370K | 50x | |
| Extended JUP-USD | +0.0352% | 1h | 0.2941 | −0.160% | $2.2M | $491K | 25x | as long as short |
Binance JUPUSDT
BloFin JUP-USDT
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
Pacifica JUP
Backpack JUP_USDC_PERP
Bybit JUPUSDT
Deribit JUP_USDC-PERPETUAL
gTrade (Gains Network) JUP/USD
OKX JUP-USDT-SWAP
Variational Omni JUP
Lighter JUP
Paradex JUP-USD-PERP
Hyperliquid JUP
Aster JUPUSDT
Bulk JUP-USD
Gate JUP_USDT
MEXC JUP_USDT
KuCoin JUPUSDTM
Bitget JUPUSDT
BingX JUP-USDT
GRVT JUP_USDT_Perp
ApeX Omni JUPUSDT
Polymarket Perps JUP-USD
HTX JUP-USDT
Phemex JUPUSDT
01 Exchange JUPUSD
Kraken Futures PF_JUPUSD
Coinbase International JUP-PERP-INTX
Phoenix JUP
Extended JUP-USD