Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against BingX−0.104%7-day average −0.201% · you buy dearer than you sell

Net, funding: paid 7d − costs−$342as in the Funding arb table

Net, price: spread back to 7d avg − costs−$334as in the Price arb table

costs, in and out, $10k−$3433.433% of the position

Long on BingX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.104%, 7d avg −0.201%

Together, before fees+0.012%+$1 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: HTX is 0.097% dearer against BingX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.201%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX JUP-USDT	0.2888	0.0100	pay 0.0050% / 4h	1h 31m	—	$21.2M	—
Short	HTX JUP-USDT	0.2885	0.0100	get 0.0050% / 4h	1h 31m	$109K	$60K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.104%Rate

Funding earned: $0
Price spread: −0.104% → −0.201%: $9.74
Slippage, 4 orders: −$321.26
Fee BingX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$333.52
Costs to cover: 3.433%
Break-even: never at this rate

Slippage from BingX: live order book, 15 min ago; HTX: live order book, 12 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, 15 min ago	3.42 bp	9.0 bp −$9	12.9 bp −$129	23.3 bp −$2,325	53.6 bp −$26.8K
Sell HTX live order book, 12 min ago	8.57 bp	177.2 bp −$177	doesn't fit	doesn't fit	doesn't fit

JUP on 36 exchanges

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
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2905	+0.598%	$16K	—	100x	as long as short
Pacifica JUP	−0.0134%	1h	0.2888	−0.009%	$275K	$134K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2890	+0.055%	$53K	$9K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S 0.0000%	1h	0.2890	+0.073%	$17K	—	150x	as long as short
01 Exchange JUPUSD	+0.0016%	1h	0.2884	−0.125%	$26K	$2K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2889	+0.045%	—	—	20x	as long as short
ApeX Omni JUPUSDT	+0.0067%	1h	0.2906	+0.623%	$158K	$234K	50x	as long as short
Paradex JUP-USD-PERP	+0.0089%	8h	0.2886	−0.073%	$9K	$9K	10x	as long as short
BloFin JUP-USDT	+0.0090%	4h	0.2893	+0.173%	$813K	$363K	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2890	+0.066%	$746K	$953K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado JUP-PERP	+0.0100%	1h	0.2886	−0.061%	$566K	$471K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2892	+0.131%	$17.5M	$8.6M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2889	+0.035%	$97K	$293K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2888	+0.005%	$15.7M	$37.6M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2886	−0.059%	$15.7M	$16.5M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2887	−0.035%	$3.9M	$9.4M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2916	+0.970%	$60K	$439	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2887	−0.035%	$716K	$1.0M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2887	−0.035%	$8.0M	$5.6M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2888	0.000%	$4.0M	$7.0M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2888	0.000%	$5.7M	$4.2M	75x	as long as short
BingX JUP-USDTlong	+0.0100%	4h	0.2888	long leg	—	$21.2M	—
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2891	+0.097%	$975K	$238K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2910	+0.753%	$704K	$295K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2890	+0.070%	$1.6M	$4.0M	10x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2891	+0.111%	$91K	$106K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2889	+0.035%	$33K	$28K	10x	as long as short
HTX JUP-USDTshort	+0.0100%	4h	0.2885	−0.104%	$109K	$60K	20x
Extended JUP-USD	+0.0104%	1h	0.2886	−0.076%	$2.1M	$562K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2889	+0.035%	$39K	—	3x	as long as short
Phoenix JUP	+0.0270%	1h	0.2889	+0.045%	$96K	$269K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0304%	1h	0.2913	+0.876%	$80K	$62K	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0537%	1h	0.2892	+0.128%	$570K	$406K	20x	as long as short
Phemex JUPUSDT	+0.0577%	4h	0.2893	+0.173%	$2.9M	$2.8M	50x	as long as short
dYdX JUP-USD	+0.0872%	1h	0.2890	+0.081%	$38K	$10K	5x	as long as short
Injective JUP/USDC PERP	+0.4474%	1h	0.3020	+4.571%	$3K	$205K	5.5x	as long as short