Funding you earn now, next payment 04:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.24 per $10,000 · paid last 24h −0.025%
Price spread now: Gate against Bitget−0.102%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$840.839% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.102%, 7d avg −0.012%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.090% cheaper against Bitget than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget JUPUSDT | 0.2949 | 0.0100 | pay 0.0050% / 4h | 2h 53m | $5.7M | $6.7M | 75x |
| Short | Gate JUP_USDT | 0.2946 | 0.0052 | get 0.0026% / 4h | 2h 53m | $742K | $1.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$10.08
- Price spread: −0.102% → −0.012%
- −$9.02
- Slippage, 4 orders
- −$56.91
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$103.01
- Costs to cover
- 0.839%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Gate: 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 Bitget live order book, 5 min ago | 5.05 bp | 14.5 bp −$14 | 38.3 bp −$383 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 3.39 bp | 29.2 bp −$29 | 111.6 bp −$1,116 | 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 | −0.4347% | 1h | 0.2904 | −1.526% | $3K | $206K | 5.5x | as long as short |
| Pacifica JUP | −0.0353% | 1h | 0.2946 | −0.086% | $281K | $147K | 10x | as long as short |
| Backpack JUP_USDC_PERP | −0.0225% | 1h | 0.2952 | +0.085% | $977K | $235K | 10x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0210% / S +0.0573% | 1h | 0.2950 | +0.025% | $16K | — | 100x | as long as short |
| Bybit JUPUSDT | −0.0150% | 4h | 0.2951 | +0.068% | $15.9M | $20.7M | 50x | as long as short |
| 01 Exchange JUPUSD | −0.0096% | 1h | 0.2950 | +0.037% | $26K | $19K | 5x | as long as short |
| OKX JUP-USDT-SWAP | −0.0086% | 4h | 0.2953 | +0.136% | $4.0M | $15.0M | 50x | as long as short |
| Kraken Futures PF_JUPUSD | −0.0024% | 1h | 0.2952 | +0.093% | $593K | $524K | 20x | as long as short |
| dYdX JUP-USD | 0.0000% | 1h | 0.2949 | −0.016% | $39K | $31K | 5x | as long as short |
| Deribit JUP_USDC-PERPETUAL | 0.0000% | 1h | 0.2951 | +0.081% | $54K | $16K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) JUP/USD | L +0.0001% / S −0.0001% | 1h | 0.2951 | +0.072% | — | — | 150x | as long as short |
| Gate JUP_USDTshort | +0.0052% | 4h | 0.2946 | −0.102% | $742K | $1.5M | 75x | |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2947 | −0.066% | — | — | 20x | as long as short |
| Paradex JUP-USD-PERP | +0.0082% | 8h | 0.2947 | −0.080% | $9K | $11K | 10x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2953 | +0.136% | $782K | $1.3M | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2951 | +0.068% | $31K | $44K | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2945 | −0.136% | $605K | $618K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2953 | +0.136% | $18.8M | $11.3M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2951 | +0.063% | $114K | $325K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2952 | +0.109% | $16.3M | $47.7M | 75x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2971 | +0.746% | $62K | $8K | 10x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2951 | +0.068% | $7.5M | $6.9M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2949 | 0.000% | $4.0M | $6.7M | 50x | as long as short |
| Bitget JUPUSDTlong | +0.0100% | 4h | 0.2949 | long leg | $5.7M | $6.7M | 75x | |
| BingX JUP-USDT | +0.0100% | 4h | 0.2948 | −0.034% | — | $20.8M | — | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.2938 | −0.371% | $713K | $768K | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2945 | −0.126% | $1.6M | $3.8M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2964 | +0.509% | $158K | $303K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2953 | +0.136% | $93K | $111K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2943 | −0.203% | $111K | $55K | 20x | as long as short |
| Extended JUP-USD | +0.0104% | 1h | 0.2949 | −0.007% | $2.2M | $485K | 25x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2948 | −0.034% | $40K | — | 3x | as long as short |
| Phoenix JUP | +0.0188% | 1h | 0.2941 | −0.258% | $96K | $402K | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0272% | 1h | 0.2952 | +0.092% | $74K | $58K | 50x | as long as short |
| BloFin JUP-USDT | +0.0340% | 4h | 0.2951 | +0.068% | $854K | $380K | 50x | as long as short |
| Phemex JUPUSDT | +0.0584% | 4h | 0.2957 | +0.271% | $2.9M | $3.6M | 50x | as long as short |
Bitget JUPUSDT
Gate JUP_USDT
Injective JUP/USDC PERP
Pacifica JUP
Backpack JUP_USDC_PERP
GMX JUP/USD [WBTC.b-USDC]
Bybit JUPUSDT
01 Exchange JUPUSD
OKX JUP-USDT-SWAP
Kraken Futures PF_JUPUSD
Deribit JUP_USDC-PERPETUAL
gTrade (Gains Network) JUP/USD
Paradex JUP-USD-PERP
Lighter JUP
Hyperliquid JUP
Aster JUPUSDT
Binance JUPUSDT
Bulk JUP-USD
MEXC JUP_USDT
KuCoin JUPUSDTM
BingX JUP-USDT
Variational Omni JUP
GRVT JUP_USDT_Perp
ApeX Omni JUPUSDT
Polymarket Perps JUP-USD
HTX JUP-USDT
Extended JUP-USD
Phoenix JUP
Coinbase International JUP-PERP-INTX
BloFin JUP-USDT
Phemex JUPUSDT