JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.31 per $10,000 · paid last 24h −0.006%

Price spread now: Bybit against BingX−0.067%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$460.461% of the position

Long on BingX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 7 days+0.067%+$7 · spread now −0.067%, 7d avg −0.009%

Together, before fees+0.027%+$3 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 0.058% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.009%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX JUP-USDT	0.2991	0.0100	pay 0.0050% / 4h	3h 49m	—	$20.7M	—
Short	Bybit JUPUSDT	0.2989	0.0038	get 0.0019% / 4h	3h 49m	$16.3M	$21.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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 BingXbpFee BybitbpOrdersPrice spread, now −0.067%Rate

Funding earned: −$12.96
Price spread: −0.067% → −0.009%: −$5.76
Slippage, 4 orders: −$25.11
Fee BingX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$64.83
Costs to cover: 0.461%
Break-even: never at this rate

Slippage from BingX: live order book, 9 min ago; Bybit: 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 BingX live order book, 9 min ago	3.35 bp	10.4 bp −$10	15.0 bp −$150	26.6 bp −$2,660	123.9 bp −$62.0K
Sell Bybit live order book, 4 min ago	1.67 bp	13.3 bp −$13	33.6 bp −$336	394.5 bp −$39.5K	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	−0.4634%	1h	0.2959	−1.070%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0356%	1h	0.2990	−0.023%	$285K	$150K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0210% / S +0.0573%	1h	0.2992	+0.031%	$16K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0101%	1h	0.2984	−0.244%	$601K	$546K	20x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2983	−0.271%	$55K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2993	+0.065%	$17K	—	150x	as long as short
OKX JUP-USDT-SWAP	+0.0030%	4h	0.2989	−0.067%	$4.1M	$16.1M	50x	as long as short
Bybit JUPUSDTshort	+0.0038%	4h	0.2989	−0.067%	$16.3M	$21.6M	50x
dYdX JUP-USD	+0.0049%	1h	0.2992	+0.017%	$39K	$32K	5x	as long as short
01 Exchange JUPUSD	+0.0056%	1h	0.2994	+0.110%	$26K	$19K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni JUP	+0.0057%	4h	0.2989	−0.066%	$724K	$776K	—	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2989	−0.065%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0085%	8h	0.2991	0.000%	$9K	$13K	10x	as long as short
ApeX Omni JUPUSDT	+0.0095%	1h	0.2988	−0.100%	$159K	$319K	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2993	+0.053%	$789K	$1.3M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2984	−0.234%	$31K	$47K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2992	+0.017%	$621K	$642K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2995	+0.147%	$19.2M	$12.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2994	+0.087%	$116K	$357K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2991	−0.009%	$16.5M	$51.1M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2979	−0.401%	$62K	$9K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2990	−0.033%	$744K	$1.5M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2990	−0.033%	$8.1M	$7.2M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2993	+0.067%	$4.2M	$6.8M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2992	+0.033%	$5.8M	$7.2M	75x	as long as short
BingX JUP-USDTlong	+0.0100%	4h	0.2991	long leg	—	$20.7M	—
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2983	−0.257%	$987K	$232K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2992	+0.033%	$1.7M	$3.7M	10x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2997	+0.194%	$95K	$119K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2979	−0.401%	$112K	$62K	20x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2980	−0.351%	$41K	—	3x	as long as short
Extended JUP-USD	+0.0120%	1h	0.2991	−0.004%	$2.2M	$494K	25x	as long as short
BloFin JUP-USDT	+0.0126%	4h	0.2990	−0.033%	$844K	$310K	50x	as long as short
Phoenix JUP	+0.0214%	1h	0.2991	0.000%	$97K	$469K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0280%	1h	0.2996	+0.174%	$75K	$88K	50x	as long as short
Phemex JUPUSDT	+0.0453%	4h	0.2988	−0.100%	$2.9M	$3.8M	50x	as long as short