Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: KuCoin against Binance+0.068%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$820.821% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 7 days−0.026%−$3 · spread now +0.068%, 7d avg +0.043%

Together, before fees−0.055%−$6 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: KuCoin is 0.024% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance JUPUSDT	0.2958	0.0100	pay 0.0050% / 4h	1h 53m	$16.3M	$56.0M	75x
Short	KuCoin JUPUSDTM	0.2960	0.0100	get 0.0050% / 4h	1h 53m	$4.3M	$7.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.068%Rate

Funding earned: $0
Price spread: +0.068% → +0.043%: $2.44
Slippage, 4 orders: −$60.14
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$79.69
Costs to cover: 0.821%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 4 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, 4 min ago	1.69 bp	9.9 bp −$10	29.2 bp −$292	303.3 bp −$30.3K	doesn't fit
Sell KuCoin live order book, 4 min ago	6.77 bp	34.0 bp −$34	99.1 bp −$991	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	0.2922	−1.217%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0975% / S +0.0360%	1h	0.2961	+0.117%	$13K	—	100x	as long as short
Pacifica JUP	−0.0335%	1h	0.2957	−0.028%	$282K	$177K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0223%	1h	0.2960	+0.071%	$56K	$14K	10x	as long as short
Kraken Futures PF_JUPUSD	−0.0176%	1h	0.2960	+0.063%	$600K	$623K	20x	as long as short
01 Exchange JUPUSD	−0.0088%	1h	0.2967	+0.287%	$26K	$19K	5x	as long as short
Bybit JUPUSDT	−0.0072%	4h	0.2956	−0.061%	$16.2M	$23.9M	50x	as long as short
Gate JUP_USDT	−0.0028%	4h	0.2959	+0.034%	$736K	$1.9M	75x	as long as short
Phoenix JUP	0.0000%	1h	0.2956	−0.064%	$95K	$441K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2963	+0.153%	$17K	—	150x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya JUPRUSDPERP	+0.0057%	1h	0.2961	+0.094%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0070%	8h	0.2959	+0.045%	$9K	$15K	10x	as long as short
Variational Omni JUP	+0.0074%	4h	0.2956	−0.059%	$721K	$1.1M	—	as long as short
Lighter JUP	+0.0096%	1h	0.2959	+0.037%	$811K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2963	+0.169%	$613K	$677K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2961	+0.115%	$19.0M	$13.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2960	+0.055%	$106K	$367K	10x	as long as short
Binance JUPUSDTlong	+0.0100%	4h	0.2958	long leg	$16.3M	$56.0M	75x
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2958	0.000%	$4.1M	$16.6M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2957	−0.034%	$8.0M	$7.9M	200x	as long as short
KuCoin JUPUSDTMshort	+0.0100%	4h	0.2960	+0.068%	$4.3M	$7.2M	50x
Bitget JUPUSDT	+0.0100%	4h	0.2957	−0.034%	$5.6M	$8.5M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2960	+0.068%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2957	−0.024%	$979K	$263K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2953	−0.174%	$1.6M	$4.1M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2951	−0.237%	$157K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2967	+0.297%	$93K	$139K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2963	+0.169%	$31K	$51K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2960	+0.068%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2963	+0.169%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2954	−0.135%	$57K	$3K	10x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2955	−0.092%	$2.2M	$540K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2959	+0.022%	$40K	—	3x	as long as short
BloFin JUP-USDT	+0.0107%	4h	0.2968	+0.338%	$854K	$333K	50x	as long as short
dYdX JUP-USD	+0.0118%	1h	0.2960	+0.058%	$39K	$35K	5x	as long as short
Coinbase International JUP-PERP-INTX	+0.0264%	1h	0.2989	+1.065%	$74K	$94K	50x	as long as short