Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0228%/8h= +25.0% APRpaid last 24h +0.039%

Price spread now: Coinbase International against BloFin+0.445%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.144%−$14 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 0.445% dearer against BloFin than usual: you sell high and buy low: +$44 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.144%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.144% in total (about -7.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin JUP-USDT	0.2992	0.0052	pay 0.0026% / 4h	3h 40m	$848K	$317K	50x
Short	Coinbase International JUP-PERP-INTX	0.3005	0.0280	get 0.0035% / 1h	40m 53s	$75K	$89K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.445%Rate

Funding earned: $47.93
Price spread: +0.445% → 0.000%: $44.45
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $70.38
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: BloFin: live order book, 31 min ago; Coinbase International: no order-book sample. Net counts fees only.

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, 31 min ago	5.06 bp	20.3 bp −$20	28.1 bp −$281	117.9 bp −$11.8K	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.4634%	1h	0.2959	−1.103%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0356%	1h	0.2996	+0.121%	$285K	$150K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0210% / S +0.0573%	1h	0.2996	+0.129%	$17K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0101%	1h	0.2996	+0.136%	$603K	$538K	20x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0050%	1h	0.2996	+0.124%	$55K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2995	+0.116%	$17K	—	150x	as long as short
OKX JUP-USDT-SWAP	+0.0010%	4h	0.2992	0.000%	$4.1M	$16.1M	50x	as long as short
01 Exchange JUPUSD	+0.0024%	1h	0.2996	+0.134%	$26K	$19K	5x	as long as short
dYdX JUP-USD	+0.0027%	1h	0.2995	+0.092%	$39K	$32K	5x	as long as short
BloFin JUP-USDTlong	+0.0052%	4h	0.2992	long leg	$848K	$317K	50x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya JUPRUSDPERP	+0.0057%	1h	0.2993	+0.043%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0081%	8h	0.2992	+0.006%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2996	+0.147%	$754K	$1.3M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2996	+0.134%	$31K	$46K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2993	+0.033%	$621K	$633K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2999	+0.221%	$19.3M	$13.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2996	+0.138%	$115K	$336K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2994	+0.052%	$16.5M	$50.7M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2992	0.000%	$16.3M	$21.3M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2987	−0.162%	$62K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2993	+0.033%	$754K	$1.6M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2994	+0.067%	$8.0M	$7.3M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2995	+0.100%	$4.2M	$6.8M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2995	+0.100%	$5.9M	$7.2M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2992	0.000%	—	$21.0M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2995	+0.090%	$991K	$232K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2994	+0.068%	$727K	$776K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.3001	+0.290%	$1.7M	$3.7M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2984	−0.267%	$159K	$312K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.3000	+0.271%	$95K	$116K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2992	0.000%	$113K	$57K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2999	+0.234%	$2.9M	$3.8M	50x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2992	+0.004%	$2.2M	$492K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2994	+0.050%	$41K	—	3x	as long as short
Phoenix JUP	+0.0214%	1h	0.3005	+0.434%	$98K	$469K	10x	as long as short
Coinbase International JUP-PERP-INTXshort	+0.0280%	1h	0.3005	+0.445%	$75K	$89K	50x