Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.063%

Price spread now: Extended against Bitget−0.044%7-day average +0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs+$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$540.538% of the position

Long on Bitget Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.767%+$77 on $10k

Price spread, last 7 days+0.183%+$18 · spread now −0.044%, 7d avg +0.056%

Together, before fees+0.950%+ Points / potential airdropExtended: Active · farm board+$95 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.100% cheaper against Bitget than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of +0.056%). If the spread goes back, that is −$10 on $10k: about 4.9 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.767% in total) that is about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget JUPUSDT	0.2911	0.0100	pay 0.0050% / 4h	2h 32m	$5.7M	$5.2M	75x
Short	Extended JUP-USD	0.2910	0.0168	get 0.0021% / 1h	32m 38s	$2.2M	$524K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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 BitgetbpFee ExtendedbpOrdersPrice spread, now −0.044%Rate

Funding earned: $14.28
Price spread: −0.044% → +0.056%: −$10.05
Slippage, 4 orders: −$36.78
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$49.54
Costs to cover: 0.538%
Break-even: 31.3 days

Slippage from Bitget: live order book, 6 min ago; Extended: live order book, 1 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, 6 min ago	1.71 bp	13.7 bp −$14	34.2 bp −$342	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	6.87 bp	12.0 bp −$12	doesn't fit	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	−0.4499%	1h	0.2910	−0.034%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2908	−0.087%	$16K	—	100x	as long as short
Pacifica JUP	−0.0230%	1h	0.2911	−0.009%	$277K	$145K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2910	−0.048%	$52K	$17K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2909	−0.059%	—	—	150x	as long as short
dYdX JUP-USD	+0.0015%	1h	0.2910	−0.049%	$38K	$20K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2909	−0.075%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2913	+0.082%	$768K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0100%	8h	0.2911	−0.011%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2912	+0.026%	$577K	$492K	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	0.2914	+0.088%	$18.3M	$8.7M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2911	−0.015%	$108K	$270K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2910	−0.027%	$15.9M	$39.3M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2909	−0.069%	$15.7M	$17.8M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2910	−0.034%	$4.0M	$10.7M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2909	−0.053%	$61K	−$0	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2909	−0.069%	$715K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2910	−0.034%	$7.0M	$6.1M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2911	0.000%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDTlong	+0.0100%	4h	0.2911	long leg	$5.7M	$5.2M	75x
BingX JUP-USDT	+0.0100%	4h	0.2909	−0.069%	—	$20.6M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2909	−0.052%	$962K	$189K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2917	+0.208%	$712K	$625K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2919	+0.285%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2923	+0.412%	$161K	$255K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2911	+0.014%	$92K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2910	−0.034%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2903	−0.275%	$109K	$44K	20x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2907	−0.133%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0128%	1h	0.2912	+0.041%	$26K	$10K	5x	as long as short
Extended JUP-USDshort	+0.0168%	1h	0.2910	−0.044%	$2.2M	$524K	25x
Phemex JUPUSDT	+0.0184%	4h	0.2913	+0.069%	$2.9M	$3.0M	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0259%	1h	0.2911	−0.003%	$578K	$460K	20x	as long as short
Phoenix JUP	+0.0271%	1h	0.2921	+0.340%	$99K	$280K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0280%	1h	0.2968	+1.951%	$75K	$49K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2907	−0.137%	$826K	$375K	50x	as long as short