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: Variational Omni against Binance−0.364%7-day average +0.002% · you buy dearer than you sell

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

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.541%+$54 · spread now −0.364%, 7d avg +0.002%

Together, before fees+0.541%+ Points / potential airdropVariational Omni: Active · farm board+$54 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: Variational Omni is 0.367% cheaper against Binance than usual: you would sell low and buy high, −$37 on $10k if it goes back to its 7-day average of +0.002%.

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 40m	$16.3M	$56.0M	75x
Short	Variational Omni JUP	0.2947	0.0100	get 0.0050% / 4h	1h 40m	$713K	$1.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.364%Rate

Funding earned: $0
Price spread: −0.364% → +0.002%: −$36.69
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$46.69
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 16 min ago; Variational Omni: RFQ quote, 3 min ago. 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, 16 min ago	1.69 bp	9.9 bp −$10	29.2 bp −$292	303.3 bp −$30.3K	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	6.78 bp	doesn't fit	37.3 bp −$373	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	0.2918	−1.352%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0537% / S +0.0372%	1h	0.2958	−0.013%	$15K	—	100x	as long as short
Pacifica JUP	−0.0335%	1h	0.2958	+0.003%	$282K	$173K	10x	as long as short
Kraken Futures PF_JUPUSD	−0.0176%	1h	0.2957	−0.037%	$599K	$619K	20x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0122%	1h	0.2956	−0.061%	$56K	$14K	10x	as long as short
01 Exchange JUPUSD	−0.0096%	1h	0.2959	+0.027%	$26K	$19K	5x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2958	−0.001%	$17K	—	150x	as long as short
Gate JUP_USDT	+0.0010%	4h	0.2956	−0.068%	$737K	$1.9M	75x	as long as short
Bybit JUPUSDT	+0.0043%	4h	0.2955	−0.095%	$16.2M	$23.8M	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2955	−0.102%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex JUP-USD-PERP	+0.0067%	8h	0.2957	−0.024%	$9K	$15K	10x	as long as short
dYdX JUP-USD	+0.0079%	1h	0.2958	−0.012%	$39K	$35K	5x	as long as short
BloFin JUP-USDT	+0.0092%	4h	0.2956	−0.068%	$849K	$329K	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2958	−0.014%	$793K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2957	−0.025%	$613K	$673K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2961	+0.091%	$19.0M	$14.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2959	+0.039%	$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	0.2956	−0.068%	$4.1M	$16.6M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2955	−0.101%	$7.9M	$8.0M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2959	+0.034%	$4.3M	$7.2M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2957	−0.034%	$5.6M	$8.4M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2956	−0.068%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2957	−0.041%	$978K	$260K	10x	as long as short
Variational Omni JUPshort	+0.0100%	4h	0.2947	−0.364%	$713K	$1.1M	—
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2954	−0.137%	$1.6M	$4.1M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2954	−0.135%	$157K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2961	+0.105%	$93K	$137K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2957	−0.034%	$31K	$51K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2950	−0.270%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2958	0.000%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2957	−0.034%	$57K	$3K	10x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2955	−0.112%	$2.2M	$540K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2955	−0.085%	$40K	—	3x	as long as short
Phoenix JUP	+0.0190%	1h	0.2960	+0.064%	$95K	$441K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0264%	1h	0.2989	+1.065%	$74K	$94K	50x	as long as short