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

JUP

all JUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0057%/8h= −6.2% APRnext payment $0.28 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.095%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$500.501% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 7 days+0.095%+$9 · spread now −0.095%, 7d avg −0.024%
Together, before fees+0.121%+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.071% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance JUPUSDT0.29580.0100pay 0.0050% / 4h1h 40m$16.3M$56.0M75x
ShortBybit JUPUSDT0.29550.0043get 0.0022% / 4h1h 40m$16.2M$23.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
−$11.93
Price spread: −0.095% → −0.024%
−$7.1
Slippage, 4 orders
−$29.14
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$69.17
Costs to cover
0.501%
Break-even
never at this rate
Slippage from Binance: live order book, 16 min ago; Bybit: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 16 min ago1.69 bp9.9 bp −$1029.2 bp −$292303.3 bp −$30.3Kdoesn't fit
Sell Bybit live order book, 3 min ago1.69 bp14.6 bp −$1537.9 bp −$379385.9 bp −$38.6Kdoesn't fit

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−0.3508%1h0.2918−1.352%$3K$206K5.5xas long as short
GMX JUP/USD [WBTC.b-USDC]L −0.0537% / S +0.0372%1h0.2958−0.013%$15K100xas long as short
Pacifica JUP−0.0335%1h0.2958+0.003%$282K$173K10xas long as short
Kraken Futures PF_JUPUSD−0.0176%1h0.2957−0.037%$599K$619K20xas long as short
Deribit JUP_USDC-PERPETUAL−0.0122%1h0.2956−0.061%$56K$14K10xas long as short
01 Exchange JUPUSD−0.0096%1h0.2959+0.027%$26K$19K5xas long as short
gTrade (Gains Network) JUP/USDL +0.0002% / S −0.0001%1h0.2958−0.001%$17K150xas long as short
Gate JUP_USDT+0.0010%4h0.2956−0.068%$737K$1.9M75xas long as short
Bybit JUPUSDTshort+0.0043%4h0.2955−0.095%$16.2M$23.8M50x
Reya JUPRUSDPERP+0.0057%1h0.2955−0.102%20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex JUP-USD-PERP+0.0067%8h0.2957−0.024%$9K$15K10xas long as short
dYdX JUP-USD+0.0079%1h0.2958−0.012%$39K$35K5xas long as short
BloFin JUP-USDT+0.0092%4h0.2956−0.068%$849K$329K50xas long as short
Lighter JUP+0.0096%1h0.2958−0.014%$793K$1.3M10xas long as short
Nado JUP-PERP+0.0100%1h0.2957−0.025%$613K$673K10xas long as short
Hyperliquid JUP+0.0100%1h0.2961+0.091%$19.0M$14.0M10xas long as short
Aster JUPUSDT+0.0100%4h0.2959+0.039%$106K$367K10xas long as short
Binance JUPUSDTlong+0.0100%4h0.2958long leg$16.3M$56.0M75x
OKX JUP-USDT-SWAP+0.0100%4h0.2956−0.068%$4.1M$16.6M50xas long as short
MEXC JUP_USDT+0.0100%4h0.2955−0.101%$7.9M$8.0M200xas long as short
KuCoin JUPUSDTM+0.0100%4h0.2959+0.034%$4.3M$7.2M50xas long as short
Bitget JUPUSDT+0.0100%4h0.2957−0.034%$5.6M$8.4M75xas long as short
BingX JUP-USDT+0.0100%4h0.2956−0.068%$20.9Mas long as short
Backpack JUP_USDC_PERP+0.0100%1h0.2957−0.041%$978K$260K10xas long as short
Variational Omni JUP+0.0100%4h0.2947−0.364%$713K$1.1Mas long as short
GRVT JUP_USDT_Perp+0.0100%4h0.2954−0.137%$1.6M$4.1M10xas long as short
ApeX Omni JUPUSDT+0.0100%1h0.2954−0.135%$157K$319K50xas long as short
Polymarket Perps JUP-USD+0.0100%1h0.2961+0.105%$93K$137K10xas long as short
Orderly PERP_JUP_USDC+0.0100%4h0.2957−0.034%$31K$51K10xas long as short
HTX JUP-USDT+0.0100%4h0.2950−0.270%$111K$69K20xas long as short
Phemex JUPUSDT+0.0100%4h0.29580.000%$2.9M$4.1M50xas long as short
Bulk JUP-USD+0.0100%1h0.2957−0.034%$57K$3K10xas long as short
Extended JUP-USD+0.0104%1h0.2955−0.112%$2.2M$540K25xas long as short
Aevo JUP-PERP+0.0104%1h0.2955−0.085%$40K3xas long as short
Phoenix JUP+0.0190%1h0.2960+0.064%$95K$441K10xas long as short
Coinbase International JUP-PERP-INTX+0.0264%1h0.2989+1.065%$74K$94K50xas long as short