Funding you earn now, next payment 04:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Bitget−0.067%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$590.586% of the position
Funding, last 7 days+0.334%+$33 on $10k
+Price spread, last 3 days (all we have)+0.111%+$11 · spread now −0.067%, 7d avg +0.025%
=Funding pays, the price is against you. BloFin is 0.092% cheaper against Bitget than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of +0.025%). If the spread goes back, that is −$9 on $10k: about 19 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.334% in total) that is about 46 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget JUPUSDT | 0.2989 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $5.8M | $7.2M | 75x |
| Short | BloFin JUP-USDT | 0.2987 | 0.0116 | get 0.0058% / 4h | 3h 44m | $846K | $310K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3.32
- Price spread: −0.067% → +0.025%
- −$9.21
- Slippage, 4 orders
- −$34.65
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$64.53
- Costs to cover
- 0.586%
- Break-even
- 143.0 days
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 27 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 Bitget live order book, 4 min ago | 3.35 bp | 14.5 bp −$15 | 36.6 bp −$366 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 27 min ago | 5.06 bp | 11.6 bp −$12 | 20.2 bp −$202 | 65.7 bp −$6,566 | 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 | −1.004% | $3K | $206K | 5.5x | as long as short |
| Pacifica JUP | −0.0356% | 1h | 0.2987 | −0.081% | $285K | $150K | 10x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0210% / S +0.0573% | 1h | 0.2987 | −0.074% | $16K | — | 100x | as long as short |
| Kraken Futures PF_JUPUSD | −0.0101% | 1h | 0.2990 | +0.022% | $602K | $542K | 20x | as long as short |
| Deribit JUP_USDC-PERPETUAL | 0.0000% | 1h | 0.2989 | −0.017% | $55K | $16K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0002% / S −0.0001% | 1h | 0.2987 | −0.052% | $17K | — | 150x | as long as short |
| OKX JUP-USDT-SWAP | +0.0011% | 4h | 0.2985 | −0.134% | $4.1M | $16.1M | 50x | as long as short |
| 01 Exchange JUPUSD | +0.0024% | 1h | 0.2988 | −0.027% | $26K | $19K | 5x | as long as short |
| dYdX JUP-USD | +0.0032% | 1h | 0.2990 | +0.032% | $39K | $32K | 5x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2985 | −0.132% | — | — | 20x | 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 | +0.0076% | 4h | 0.2985 | −0.133% | $723K | $776K | — | as long as short |
| Paradex JUP-USD-PERP | +0.0082% | 8h | 0.2986 | −0.086% | $9K | $13K | 10x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2989 | −0.013% | $752K | $1.3M | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2989 | 0.000% | $31K | $47K | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2985 | −0.117% | $619K | $640K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2991 | +0.080% | $19.2M | $13.0M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2989 | −0.003% | $115K | $340K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2987 | −0.079% | $16.4M | $50.9M | 75x | as long as short |
| Bybit JUPUSDT | +0.0100% | 4h | 0.2984 | −0.151% | $16.3M | $21.4M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2987 | −0.062% | $62K | $8K | 10x | as long as short |
| Gate JUP_USDT | +0.0100% | 4h | 0.2987 | −0.067% | $754K | $1.5M | 75x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2988 | −0.033% | $8.1M | $7.2M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2989 | 0.000% | $4.2M | $6.8M | 50x | as long as short |
| Bitget JUPUSDTlong | +0.0100% | 4h | 0.2989 | long leg | $5.8M | $7.2M | 75x | |
| BingX JUP-USDT | +0.0100% | 4h | 0.2986 | −0.100% | — | $20.7M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2990 | +0.043% | $990K | $232K | 10x | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2992 | +0.111% | $1.6M | $3.7M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2991 | +0.067% | $159K | $312K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2991 | +0.070% | $94K | $117K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2978 | −0.368% | $112K | $57K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2991 | +0.067% | $2.9M | $3.8M | 50x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2987 | −0.084% | $41K | — | 3x | as long as short |
| Extended JUP-USD | +0.0112% | 1h | 0.2984 | −0.163% | $2.2M | $492K | 25x | as long as short |
| BloFin JUP-USDTshort | +0.0116% | 4h | 0.2987 | −0.067% | $846K | $310K | 50x | |
| Phoenix JUP | +0.0214% | 1h | 0.2991 | +0.067% | $97K | $469K | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0280% | 1h | 0.2996 | +0.241% | $75K | $88K | 50x | as long as short |
Bitget JUPUSDT
BloFin JUP-USDT
Injective JUP/USDC PERP
Pacifica JUP
GMX JUP/USD [WBTC.b-USDC]
Kraken Futures PF_JUPUSD
Deribit JUP_USDC-PERPETUAL
gTrade (Gains Network) JUP/USD
OKX JUP-USDT-SWAP
01 Exchange JUPUSD
Variational Omni JUP
Paradex JUP-USD-PERP
Lighter JUP
Hyperliquid JUP
Aster JUPUSDT
Binance JUPUSDT
Bybit JUPUSDT
Bulk JUP-USD
Gate JUP_USDT
MEXC JUP_USDT
KuCoin JUPUSDTM
BingX JUP-USDT
Backpack JUP_USDC_PERP
GRVT JUP_USDT_Perp
ApeX Omni JUPUSDT
Polymarket Perps JUP-USD
HTX JUP-USDT
Phemex JUPUSDT
Extended JUP-USD
Phoenix JUP
Coinbase International JUP-PERP-INTX