Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0014%/8h= −1.6% APRpaid last 24h −0.001%

Price spread now: Paradex against Binance−0.005%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance JUPUSDT	0.2982	0.0100	pay 0.0050% / 4h	31m 32s	$16.4M	$53.5M	75x
Short	Paradex JUP-USD-PERP	0.2982	0.0086	get 0.0086% / 8h	31m 32s	$9K	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.005%Rate

Funding earned: −$3.02
Price spread: −0.005% → 0.000%: −$0.51
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$17.53
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 11 min ago; Paradex: no order-book sample. Net counts fees only.

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, 11 min ago	1.67 bp	9.6 bp −$10	28.2 bp −$282	270.7 bp −$27.1K	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.4371%	1h	0.2950	−1.065%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2985	+0.125%	$16K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0208%	1h	0.2987	+0.192%	$602K	$601K	20x	as long as short
Pacifica JUP	−0.0199%	1h	0.2982	+0.014%	$284K	$168K	10x	as long as short
Bybit JUPUSDT	−0.0016%	4h	0.2979	−0.092%	$16.3M	$22.7M	50x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2986	+0.129%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2986	+0.159%	$17K	—	150x	as long as short
01 Exchange JUPUSD	+0.0040%	1h	0.2982	+0.015%	$26K	$19K	5x	as long as short
Gate JUP_USDT	+0.0054%	4h	0.2980	−0.059%	$746K	$1.8M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2980	−0.054%	—	—	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	+0.0073%	1h	0.2987	+0.163%	$39K	$34K	5x	as long as short
Paradex JUP-USD-PERPshort	+0.0086%	8h	0.2982	−0.005%	$9K	$13K	10x
Lighter JUP	+0.0096%	1h	0.2985	+0.109%	$798K	$1.4M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2986	+0.142%	$31K	$48K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2981	−0.017%	$615K	$658K	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2985	+0.114%	$116K	$363K	10x	as long as short
Binance JUPUSDTlong	+0.0100%	4h	0.2982	long leg	$16.4M	$53.5M	75x
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2979	−0.092%	$4.1M	$16.4M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2985	+0.109%	$58K	$2K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2982	+0.008%	$8.2M	$7.7M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2985	+0.109%	$4.3M	$7.0M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2985	+0.109%	$5.8M	$8.1M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2981	−0.025%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2985	+0.099%	$988K	$244K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2984	+0.064%	$722K	$1.0M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2987	+0.174%	$1.7M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2987	+0.176%	$159K	$320K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2986	+0.132%	$94K	$128K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2977	−0.159%	$112K	$66K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2990	+0.277%	$2.9M	$3.9M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2982	+0.004%	$41K	—	3x	as long as short
BloFin JUP-USDT	+0.0139%	4h	0.2987	+0.176%	$851K	$329K	50x	as long as short
Hyperliquid JUP	+0.0155%	1h	0.2986	+0.156%	$19.2M	$13.1M	10x	as long as short
Phoenix JUP	+0.0162%	1h	0.2989	+0.236%	$97K	$479K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.3000	+0.625%	$75K	$93K	50x	as long as short
Extended JUP-USD	+0.0264%	1h	0.2980	−0.059%	$2.2M	$507K	25x	as long as short