JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0345%/8h= −37.8% APRnext payment −$1.73 per $10,000 · paid last 24h −0.005%

Price spread now: Bybit against BloFin−0.574%82s7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$620.618% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.341%−$34 on $10k

Price spread, last 3 days (all we have)+0.553%+$55 · spread now −0.574%, 7d avg −0.037%

Together, before fees+0.212%+$21 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bybit is 0.537% cheaper against BloFin than usual: you would sell low and buy high (−$54 if the spread goes back to its 7-day average of −0.037%). Swap the legs. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin JUP-USDT	0.2960	0.0340	pay 0.0170% / 4h	2h 55m	$849K	$365K	50x
Short	Bybit JUPUSDT	0.2943	−0.0005	pay 0.0003% / 4h	2h 55m	$15.9M	$20.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee BloFinbpFee BybitbpOrdersPrice spread, now −0.574%Rate

Funding earned: −$72.46
Price spread: −0.574% → −0.037%: −$53.73
Slippage, 4 orders: −$38.78
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$187.97
Costs to cover: 0.618%
Break-even: never at this rate

Slippage from BloFin: live order book, 11 min ago; Bybit: 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 BloFin live order book, 11 min ago	8.33 bp	16.9 bp −$17	33.6 bp −$336	138.5 bp −$13.9K	doesn't fit
Sell Bybit live order book, 3 min ago	3.37 bp	17.9 bp −$18	42.1 bp −$421	193.6 bp −$19.4K	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	0.2943	−0.574%	$3K	$206K	5.5x	as long as short
Backpack JUP_USDC_PERP	−0.0566%	1h	0.2943	−0.568%	$975K	$234K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0429%	1h	0.2945	−0.514%	$54K	$16K	10x	as long as short
Pacifica JUP	−0.0353%	1h	0.2952	−0.257%	$281K	$147K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0210% / S +0.0573%	1h	0.2946	−0.485%	$16K	—	100x	as long as short
01 Exchange JUPUSD	−0.0168%	1h	0.2944	−0.527%	$26K	$19K	5x	as long as short
OKX JUP-USDT-SWAP	−0.0080%	4h	0.2946	−0.473%	$4.0M	$15.0M	50x	as long as short
Kraken Futures PF_JUPUSD	−0.0024%	1h	0.2947	−0.448%	$592K	$523K	20x	as long as short
Bybit JUPUSDTshort	−0.0005%	4h	0.2943	−0.574%	$15.9M	$20.7M	50x
dYdX JUP-USD	0.0000%	1h	0.2949	−0.355%	$39K	$31K	5x	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	0.2946	−0.464%	—	—	150x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2943	−0.573%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0081%	8h	0.2956	−0.144%	$9K	$11K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2948	−0.395%	$780K	$1.3M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2946	−0.473%	$31K	$44K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2943	−0.566%	$605K	$633K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2948	−0.419%	$18.9M	$11.5M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2946	−0.473%	$114K	$325K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2947	−0.438%	$16.2M	$47.7M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2971	+0.372%	$62K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2943	−0.574%	$728K	$1.5M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2949	−0.372%	$7.5M	$6.9M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2948	−0.405%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2947	−0.439%	$5.7M	$6.7M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2945	−0.507%	—	$20.8M	—	as long as short
Variational Omni JUP	+0.0100%	4h	0.2938	−0.742%	$713K	$768K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2978	+0.620%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2977	+0.574%	$158K	$303K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2951	−0.314%	$93K	$111K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2941	−0.642%	$111K	$55K	20x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2947	−0.454%	$2.2M	$485K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2940	−0.659%	$40K	—	3x	as long as short
Phoenix JUP	+0.0214%	1h	0.2982	+0.726%	$97K	$402K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0272%	1h	0.2962	+0.061%	$74K	$59K	50x	as long as short
BloFin JUP-USDTlong	+0.0340%	4h	0.2960	long leg	$849K	$365K	50x
Phemex JUPUSDT	+0.0652%	4h	0.2949	−0.372%	$2.9M	$3.6M	50x	as long as short