Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h −0.007%

Price spread now: 01 Exchange against Binance+0.110%7-day average — · you sell dearer than you buy

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

Long on Binance Short on 01 Exchange

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—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and 01 Exchange is 0.110% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance JUPUSDT	0.2923	0.0100	pay 0.0050% / 4h	14m 52s	$16.0M	$38.9M	75x
Short	01 Exchange JUPUSD	0.2927	0.0144	get 0.0018% / 1h	14m 52s	$26K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.110%Rate

Funding earned: $9.24
Price spread: +0.110% → 0.000%: $10.97
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $3.21
Costs to cover: 0.170%
Break-even: 4.6 days

Slippage unknown: Binance: live order book, 12 min ago; 01 Exchange: 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, 12 min ago	1.72 bp	10.7 bp −$11	26.4 bp −$264	295.0 bp −$29.5K	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	−0.3836%	1h	0.2886	−1.276%	$3K	$207K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2920	−0.121%	$16K	—	100x	as long as short
Pacifica JUP	−0.0058%	1h	0.2920	−0.102%	$278K	$138K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2922	−0.044%	$53K	$17K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2920	−0.101%	$16K	—	150x	as long as short
dYdX JUP-USD	+0.0031%	1h	0.2921	−0.063%	$39K	$15K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2917	−0.204%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2923	0.000%	$757K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0097%	8h	0.2919	−0.147%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2920	−0.121%	$574K	$491K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid JUP	+0.0100%	1h	0.2927	+0.125%	$18.0M	$9.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2923	−0.009%	$101K	$295K	10x	as long as short
Binance JUPUSDTlong	+0.0100%	4h	0.2923	long leg	$16.0M	$38.9M	75x
Bybit JUPUSDT	+0.0100%	4h	0.2922	−0.058%	$15.8M	$17.3M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2923	−0.010%	$4.0M	$10.2M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2912	−0.386%	$60K	$2K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2923	−0.010%	$698K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2922	−0.044%	$7.0M	$5.5M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2924	+0.024%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2925	+0.058%	$5.8M	$4.9M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2924	+0.024%	—	$20.5M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2923	−0.013%	$967K	$223K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2920	−0.111%	$709K	$529K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2915	−0.271%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2913	−0.352%	$161K	$254K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2922	−0.058%	$92K	$106K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2921	−0.078%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2914	−0.318%	$109K	$42K	20x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2923	−0.016%	$2.2M	$580K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2920	−0.107%	$40K	—	3x	as long as short
01 Exchange JUPUSDshort	+0.0144%	1h	0.2927	+0.110%	$26K	$2K	5x
Coinbase International JUP-PERP-INTX	+0.0320%	1h	0.2927	+0.113%	$74K	$49K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2919	−0.147%	$816K	$371K	50x	as long as short
Phoenix JUP	+0.0355%	1h	0.2928	+0.178%	$105K	$284K	10x	as long as short
Phemex JUPUSDT	+0.0374%	4h	0.2925	+0.058%	$2.9M	$3.0M	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0414%	1h	0.2923	−0.014%	$575K	$417K	20x	as long as short