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

JUP

all JUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0039%/8h= −4.2% APRnext payment $0.19 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against BloFin−0.134%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$460.462% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.303%−$30 on $10k
Price spread, last 3 days (all we have)+0.107%+$11 · spread now −0.134%, 7d avg −0.023%
Together, before fees−0.197%−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.111% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin JUP-USDT0.29870.0139pay 0.0069% / 4h32m 37s$851K$329K50x
ShortBingX JUP-USDT0.29830.0100get 0.0050% / 4h32m 37s$20.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
−$8.1
Price spread: −0.134% → −0.023%
−$11.12
Slippage, 4 orders
−$24.22
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$65.44
Costs to cover
0.462%
Break-even
never at this rate
Slippage from BloFin: live order book, 44 min ago; BingX: live order book, 6 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 BloFin live order book, 44 min ago8.45 bp14.5 bp −$1423.0 bp −$230124.2 bp −$12.4Kdoesn't fit
Sell BingX live order book, 6 min ago1.68 bp6.7 bp −$79.2 bp −$9219.5 bp −$1,94870.0 bp −$35.0K

JUP on 36 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−0.4371%1h0.2950−1.239%$3K$206K5.5xas long as short
GMX JUP/USD [WBTC.b-USDC]L −0.0275% / S +0.0618%1h0.2987−0.004%$16K100xas long as short
Kraken Futures PF_JUPUSD−0.0208%1h0.2987+0.001%$602K$604K20xas long as short
Pacifica JUP−0.0199%1h0.2984−0.114%$284K$168K10xas long as short
Bybit JUPUSDT−0.0005%4h0.2981−0.214%$16.3M$22.7M50xas long as short
Deribit JUP_USDC-PERPETUAL0.0000%1h0.2986−0.037%$56K$14K10xas long as short
gTrade (Gains Network) JUP/USDL +0.0002% / S −0.0001%1h0.2988+0.017%$17K150xas long as short
01 Exchange JUPUSD+0.0048%1h0.2985−0.054%$26K$19K5xas long as short
Reya JUPRUSDPERP+0.0057%1h0.2983−0.146%20xas long as short
Gate JUP_USDT+0.0058%4h0.2985−0.067%$748K$1.8M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX JUP-USD+0.0074%1h0.2987−0.013%$39K$34K5xas long as short
Paradex JUP-USD-PERP+0.0085%8h0.2983−0.122%$9K$13K10xas long as short
Lighter JUP+0.0096%1h0.2987+0.003%$798K$1.4M10xas long as short
Orderly PERP_JUP_USDC+0.0099%4h0.2986−0.033%$31K$48K10xas long as short
Nado JUP-PERP+0.0100%1h0.2983−0.142%$615K$658K10xas long as short
Aster JUPUSDT+0.0100%4h0.2986−0.023%$116K$363K10xas long as short
Binance JUPUSDT+0.0100%4h0.2984−0.100%$16.4M$53.6M75xas long as short
OKX JUP-USDT-SWAP+0.0100%4h0.2981−0.201%$4.1M$16.4M50xas long as short
Bulk JUP-USD+0.0100%1h0.2985−0.067%$58K$2K10xas long as short
MEXC JUP_USDT+0.0100%4h0.2984−0.100%$8.2M$7.7M200xas long as short
KuCoin JUPUSDTM+0.0100%4h0.2986−0.033%$4.3M$7.0M50xas long as short
Bitget JUPUSDT+0.0100%4h0.2986−0.033%$5.8M$8.1M75xas long as short
BingX JUP-USDTshort+0.0100%4h0.2983−0.134%$20.9M
Backpack JUP_USDC_PERP+0.0100%1h0.2985−0.077%$988K$244K10xas long as short
Variational Omni JUP+0.0100%4h0.2984−0.112%$722K$1.0Mas long as short
GRVT JUP_USDT_Perp+0.0100%4h0.2989+0.067%$1.6M$3.9M10xas long as short
ApeX Omni JUPUSDT+0.0100%1h0.2988+0.033%$159K$320K50xas long as short
Polymarket Perps JUP-USD+0.0100%1h0.2989+0.054%$94K$128K10xas long as short
HTX JUP-USDT+0.0100%4h0.2983−0.134%$112K$66K20xas long as short
Phemex JUPUSDT+0.0100%4h0.2991+0.134%$2.9M$3.9M50xas long as short
Aevo JUP-PERP+0.0104%1h0.2982−0.153%$41K3xas long as short
BloFin JUP-USDTlong+0.0139%4h0.2987long leg$851K$329K50x
Phoenix JUP+0.0162%1h0.2989+0.060%$97K$479K10xas long as short
Hyperliquid JUP+0.0166%1h0.2989+0.064%$19.2M$13.1M10xas long as short
Coinbase International JUP-PERP-INTX+0.0256%1h0.3000+0.449%$75K$95K50xas long as short
Extended JUP-USD+0.0264%1h0.2983−0.143%$2.2M$507K25xas long as short