Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against BingX+0.068%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$880.876% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.062%−$6 on $10k

Price spread, last 7 days−0.047%−$5 · spread now +0.068%, 7d avg +0.058%

Together, before fees−0.108%−$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX JUP-USDT	0.2927	0.0100	pay 0.0050% / 4h	1h 42m	—	$20.6M	—
Short	KuCoin JUPUSDTM	0.2929	0.0100	get 0.0050% / 4h	1h 42m	$4.0M	$6.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.068%Rate

Funding earned: $0
Price spread: +0.068% → +0.058%: $1
Slippage, 4 orders: −$65.65
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$86.65
Costs to cover: 0.876%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; KuCoin: live order book, 5 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, 11 min ago	1.71 bp	6.7 bp −$7	11.5 bp −$115	21.9 bp −$2,191	86.2 bp −$43.1K
Sell KuCoin live order book, 5 min ago	6.83 bp	28.2 bp −$28	109.9 bp −$1,099	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	−0.5000%	1h	0.2900	−0.922%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2929	+0.065%	$16K	—	100x	as long as short
Pacifica JUP	−0.0041%	1h	0.2928	+0.021%	$279K	$142K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2928	+0.051%	$53K	$17K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2929	+0.082%	—	—	150x	as long as short
dYdX JUP-USD	+0.0013%	1h	0.2929	+0.051%	$39K	$18K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2927	−0.007%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2930	+0.096%	$759K	$1.0M	10x	as long as short
01 Exchange JUPUSD	+0.0096%	1h	0.2930	+0.109%	$26K	$8K	5x	as long as short
Paradex JUP-USD-PERP	+0.0100%	8h	0.2927	−0.003%	$9K	$11K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado JUP-PERP	+0.0100%	1h	0.2928	+0.051%	$575K	$492K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2931	+0.126%	$18.1M	$9.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2928	+0.017%	$106K	$283K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2928	+0.040%	$16.1M	$39.7M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2925	−0.068%	$15.9M	$17.8M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2926	−0.034%	$4.0M	$10.7M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2934	+0.239%	$61K	$2K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2929	+0.068%	$701K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2927	0.000%	$6.7M	$5.6M	200x	as long as short
KuCoin JUPUSDTMshort	+0.0100%	4h	0.2929	+0.068%	$4.0M	$6.7M	50x
Bitget JUPUSDT	+0.0100%	4h	0.2929	+0.068%	$5.8M	$5.2M	75x	as long as short
BingX JUP-USDTlong	+0.0100%	4h	0.2927	long leg	—	$20.6M	—
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2928	+0.048%	$969K	$231K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2922	−0.171%	$709K	$625K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2929	+0.077%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2931	+0.137%	$162K	$255K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2933	+0.198%	$92K	$103K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2928	+0.034%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2920	−0.239%	$110K	$44K	20x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2927	−0.010%	$40K	—	3x	as long as short
Extended JUP-USD	+0.0176%	1h	0.2929	+0.055%	$2.2M	$571K	25x	as long as short
Phoenix JUP	+0.0244%	1h	0.2932	+0.154%	$98K	$285K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0304%	1h	0.2940	+0.461%	$74K	$49K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2927	0.000%	$828K	$378K	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0376%	1h	0.2929	+0.058%	$578K	$448K	20x	as long as short
Phemex JUPUSDT	+0.0564%	4h	0.2932	+0.171%	$2.9M	$3.0M	50x	as long as short