Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: KuCoin against Bitget+0.067%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$890.889% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 7 days−0.011%−$1 · spread now +0.067%, 7d avg +0.063%

Together, before fees−0.068%−$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget JUPUSDT	0.2966	0.0100	pay 0.0050% / 4h	1h 54m	$5.7M	$8.5M	75x
Short	KuCoin JUPUSDTM	0.2968	0.0100	get 0.0050% / 4h	1h 54m	$4.3M	$7.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.067%Rate

Funding earned: $0
Price spread: +0.067% → +0.063%: $0.42
Slippage, 4 orders: −$64.91
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$88.49
Costs to cover: 0.889%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 3 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	3.39 bp	13.9 bp −$14	36.4 bp −$364	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	6.77 bp	34.0 bp −$34	99.1 bp −$991	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	−0.3508%	1h	0.2922	−1.483%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0970% / S +0.0358%	1h	0.2967	+0.039%	$13K	—	100x	as long as short
Pacifica JUP	−0.0335%	1h	0.2967	+0.032%	$283K	$177K	10x	as long as short
Kraken Futures PF_JUPUSD	−0.0175%	1h	0.2968	+0.052%	$602K	$623K	20x	as long as short
01 Exchange JUPUSD	−0.0088%	1h	0.2967	+0.017%	$26K	$19K	5x	as long as short
Bybit JUPUSDT	−0.0086%	4h	0.2963	−0.108%	$16.2M	$23.9M	50x	as long as short
Gate JUP_USDT	−0.0028%	4h	0.2965	−0.034%	$737K	$1.9M	75x	as long as short
Phoenix JUP	0.0000%	1h	0.2956	−0.334%	$95K	$441K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2968	+0.067%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2967	+0.035%	$17K	—	150x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya JUPRUSDPERP	+0.0057%	1h	0.2966	+0.010%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0070%	8h	0.2965	−0.031%	$9K	$15K	10x	as long as short
Variational Omni JUP	+0.0074%	4h	0.2956	−0.329%	$721K	$1.1M	—	as long as short
Lighter JUP	+0.0096%	1h	0.2968	+0.081%	$815K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2965	−0.017%	$614K	$677K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2971	+0.155%	$19.0M	$13.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2966	+0.013%	$106K	$367K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2966	+0.007%	$16.4M	$56.0M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2962	−0.135%	$4.1M	$16.7M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2966	0.000%	$8.0M	$7.9M	200x	as long as short
KuCoin JUPUSDTMshort	+0.0100%	4h	0.2968	+0.067%	$4.3M	$7.2M	50x
Bitget JUPUSDTlong	+0.0100%	4h	0.2966	long leg	$5.7M	$8.5M	75x
BingX JUP-USDT	+0.0100%	4h	0.2966	0.000%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2968	+0.064%	$982K	$263K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2953	−0.443%	$1.6M	$4.1M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2951	−0.506%	$157K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2971	+0.179%	$94K	$139K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2968	+0.067%	$31K	$51K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2960	−0.202%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2969	+0.101%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2954	−0.405%	$57K	$3K	10x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2964	−0.084%	$2.2M	$540K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2965	−0.017%	$40K	—	3x	as long as short
BloFin JUP-USDT	+0.0107%	4h	0.2968	+0.067%	$854K	$333K	50x	as long as short
dYdX JUP-USD	+0.0142%	1h	0.2968	+0.057%	$39K	$35K	5x	as long as short
Coinbase International JUP-PERP-INTX	+0.0264%	1h	0.2989	+0.792%	$74K	$94K	50x	as long as short