Settings8H · net · $10k
Funding arb · Price arb /

JUP

all JUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0115%/8h= −12.6% APRnext payment $0.57 per $10,000 · paid last 24h −0.020%
Price spread now: OKX against Bitget−0.203%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$560.562% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 7 days+0.203%+$20 · spread now −0.203%, 7d avg −0.012%
Together, before fees+0.164%+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.191% cheaper against Bitget than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.012%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget JUPUSDT0.29560.0100pay 0.0050% / 4h2h 10m$5.7M$6.3M75x
ShortOKX JUP-USDT-SWAP0.2950−0.0015pay 0.0007% / 4h2h 10m$4.1M$13.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
−$24.08
Price spread: −0.203% → −0.012%
−$19.14
Slippage, 4 orders
−$34.17
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$99.39
Costs to cover
0.562%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago5.07 bp14.4 bp −$1428.6 bp −$286doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.69 bp14.5 bp −$1560.4 bp −$604doesn't fitdoesn't fit

JUP on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective JUP/USDC PERP−0.4347%1h0.2917−1.319%$3K$206K5.5xas long as short
Pacifica JUP−0.0353%1h0.2956+0.006%$282K$147K10xas long as short
GMX JUP/USD [WBTC.b-USDC]L −0.0275% / S +0.0619%1h0.2953−0.116%$16K100xas long as short
Deribit JUP_USDC-PERPETUAL−0.0156%1h0.2952−0.122%$54K$16K10xas long as short
Bybit JUPUSDT−0.0156%4h0.2951−0.162%$15.8M$19.7M50xas long as short
Kraken Futures PF_JUPUSD−0.0024%1h0.2954−0.083%$590K$506K20xas long as short
OKX JUP-USDT-SWAPshort−0.0015%4h0.2950−0.203%$4.1M$13.3M50x
gTrade (Gains Network) JUP/USDL +0.0001% / S −0.0001%1h0.2953−0.092%150xas long as short
Variational Omni JUP+0.0026%4h0.2953−0.102%$721K$750Kas long as short
Reya JUPRUSDPERP+0.0057%1h0.2952−0.136%20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate JUP_USDT+0.0060%4h0.2955−0.034%$738K$1.5M75xas long as short
dYdX JUP-USD+0.0071%1h0.2960+0.152%$39K$28K5xas long as short
Paradex JUP-USD-PERP+0.0093%8h0.2955−0.024%$9K$11K10xas long as short
Lighter JUP+0.0096%1h0.2958+0.058%$782K$1.3M10xas long as short
Nado JUP-PERP+0.0100%1h0.2954−0.059%$597K$529K10xas long as short
Hyperliquid JUP+0.0100%1h0.2957+0.017%$18.8M$10.7M10xas long as short
Aster JUPUSDT+0.0100%4h0.2957+0.034%$114K$317K10xas long as short
Binance JUPUSDT+0.0100%4h0.2953−0.110%$16.3M$44.9M75xas long as short
Bulk JUP-USD+0.0100%1h0.29560.000%$62K$8K10xas long as short
MEXC JUP_USDT+0.0100%4h0.2953−0.101%$7.3M$7.0M200xas long as short
KuCoin JUPUSDTM+0.0100%4h0.2955−0.034%$4.0M$6.7M50xas long as short
Bitget JUPUSDTlong+0.0100%4h0.2956long leg$5.7M$6.3M75x
BingX JUP-USDT+0.0100%4h0.2954−0.068%$20.8Mas long as short
Backpack JUP_USDC_PERP+0.0100%1h0.2960+0.139%$980K$236K10xas long as short
GRVT JUP_USDT_Perp+0.0100%4h0.2957+0.034%$1.6M$3.8M10xas long as short
ApeX Omni JUPUSDT+0.0100%1h0.2955−0.034%$157K$288K50xas long as short
Polymarket Perps JUP-USD+0.0100%1h0.2957+0.017%$93K$109K10xas long as short
Orderly PERP_JUP_USDC+0.0100%4h0.2953−0.101%$31K$43K10xas long as short
HTX JUP-USDT+0.0100%4h0.29560.000%$112K$49K20xas long as short
Phemex JUPUSDT+0.0100%4h0.2962+0.203%$2.9M$3.5M50xas long as short
Aevo JUP-PERP+0.0104%1h0.2951−0.171%$40K3xas long as short
01 Exchange JUPUSD+0.0152%1h0.2956−0.007%$26K$19K5xas long as short
Phoenix JUP+0.0188%1h0.2962+0.213%$97K$402K10xas long as short
Coinbase International JUP-PERP-INTX+0.0272%1h0.2954−0.078%$74K$51K50xas long as short
Extended JUP-USD+0.0464%1h0.2951−0.177%$2.2M$487K25xas long as short