JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h +0.001%

Price spread now: KuCoin against BloFin−0.034%80s7-day average +0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$133as 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−$950.949% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.379%−$38 on $10k

Price spread, last 4 days (all we have)−0.302%−$30 · spread now −0.034%, 7d avg +0.029%

Together, before fees−0.681%−$68 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.063% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.029%). Swap the legs. The two prices were read 80 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	0.2954	0.0340	pay 0.0170% / 4h	1h 37m	$842K	$370K	50x
Short	KuCoin JUPUSDTM	0.2953	0.0100	get 0.0050% / 4h	1h 37m	$4.0M	$6.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.034%Rate

Funding earned: −$50.4
Price spread: −0.034% → +0.029%: −$6.32
Slippage, 4 orders: −$70.92
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$151.64
Costs to cover: 0.949%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; KuCoin: live order book, 5 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, 4 min ago	3.40 bp	16.3 bp −$16	28.4 bp −$284	154.5 bp −$15.5K	doesn't fit
Sell KuCoin live order book, 5 min ago	3.39 bp	34.4 bp −$34	112.5 bp −$1,125	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	−0.5000%	1h	0.2918	−1.219%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0340% / S +0.0664%	1h	0.2951	−0.095%	$16K	—	100x	as long as short
Pacifica JUP	−0.0224%	1h	0.2957	+0.101%	$282K	$147K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2952	−0.085%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2952	−0.077%	—	—	150x	as long as short
Backpack JUP_USDC_PERP	+0.0009%	1h	0.2950	−0.125%	$980K	$256K	10x	as long as short
Bybit JUPUSDT	+0.0021%	4h	0.2948	−0.210%	$15.8M	$19.2M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0038%	4h	0.2950	−0.135%	$4.1M	$12.6M	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2950	−0.136%	—	—	20x	as long as short
dYdX JUP-USD	+0.0090%	1h	0.2955	+0.049%	$39K	$27K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni JUP	+0.0093%	4h	0.2946	−0.273%	$719K	$698K	—	as long as short
Lighter JUP	+0.0096%	1h	0.2955	+0.027%	$781K	$1.1M	10x	as long as short
Paradex JUP-USD-PERP	+0.0097%	8h	0.2957	+0.086%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2951	−0.110%	$597K	$511K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2953	−0.024%	$18.7M	$9.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2952	−0.053%	$114K	$298K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2951	−0.099%	$16.3M	$43.4M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2939	−0.520%	$61K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2951	−0.102%	$736K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2951	−0.102%	$7.5M	$6.6M	200x	as long as short
KuCoin JUPUSDTMshort	+0.0100%	4h	0.2953	−0.034%	$4.0M	$6.7M	50x
Bitget JUPUSDT	+0.0100%	4h	0.2950	−0.135%	$5.7M	$6.1M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2951	−0.102%	—	$20.8M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2949	−0.157%	$1.6M	$3.7M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2946	−0.271%	$157K	$274K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2956	+0.074%	$93K	$107K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2951	−0.102%	$31K	$42K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2950	−0.135%	$111K	$47K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2955	+0.034%	$2.9M	$3.3M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2949	−0.186%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0176%	1h	0.2962	+0.274%	$26K	$19K	5x	as long as short
Kraken Futures PF_JUPUSD	+0.0201%	1h	0.2952	−0.068%	$589K	$496K	20x	as long as short
Coinbase International JUP-PERP-INTX	+0.0240%	1h	0.2952	−0.071%	$74K	$50K	50x	as long as short
Phoenix JUP	+0.0244%	1h	0.2951	−0.098%	$97K	$329K	10x	as long as short
BloFin JUP-USDTlong	+0.0340%	4h	0.2954	long leg	$842K	$370K	50x
Extended JUP-USD	+0.0344%	1h	0.2951	−0.112%	$2.2M	$492K	25x	as long as short