Funding you earn now, next payment 04:00 UTC+0.0194%/8h= +21.3% APRnext payment +$0.97 per $10,000 · paid last 24h +0.006%
Price spread now: HTX against Bybit−0.068%7-day average −0.182% · you buy dearer than you sell
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs−$227as in the Price arb table
costs, in and out, $10k−$2382.384% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 3 days (all we have)−0.097%−$10 · spread now −0.068%, 7d avg −0.182%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and HTX is 0.114% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.182%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.049% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.97 per $10,000. 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 | Bybit JUPUSDT | 0.2953 | −0.0094 | get 0.0047% / 4h | 2h 06m | $15.8M | $19.6M | 50x |
| Short | HTX JUP-USDT | 0.2951 | 0.0100 | get 0.0050% / 4h | 2h 06m | $111K | $47K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $40.8
- Price spread: −0.068% → −0.182%
- $11.42
- Slippage, 4 orders
- −$215.42
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$186.2
- Costs to cover
- 2.384%
- Break-even
- 38.9 days
Slippage from Bybit: live order book, 2 min ago; HTX: live order book, 60 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 Bybit live order book, 2 min ago | 3.39 bp | 12.7 bp −$13 | 37.1 bp −$371 | doesn't fit | doesn't fit |
| Sell HTX live order book, 60 min ago | 11.66 bp | 110.6 bp −$111 | doesn't fit | doesn't fit | doesn't fit |
JUP on 35 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 | 0.2917 | −1.219% | $3K | $206K | 5.5x | as long as short |
| Pacifica JUP | −0.0353% | 1h | 0.2955 | +0.065% | $282K | $147K | 10x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0275% / S +0.0619% | 1h | 0.2955 | +0.064% | $16K | — | 100x | as long as short |
| Bybit JUPUSDTlong | −0.0094% | 4h | 0.2953 | long leg | $15.8M | $19.6M | 50x | |
| Kraken Futures PF_JUPUSD | −0.0024% | 1h | 0.2955 | +0.082% | $590K | $505K | 20x | as long as short |
| OKX JUP-USDT-SWAP | −0.0001% | 4h | 0.2951 | −0.068% | $4.1M | $13.0M | 50x | as long as short |
| Deribit JUP_USDC-PERPETUAL | 0.0000% | 1h | 0.2955 | +0.068% | $54K | $16K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0001% / S −0.0001% | 1h | 0.2954 | +0.045% | — | — | 150x | as long as short |
| Variational Omni JUP | +0.0026% | 4h | 0.2953 | −0.001% | $721K | $750K | — | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2953 | +0.008% | — | — | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate JUP_USDT | +0.0072% | 4h | 0.2953 | 0.000% | $735K | $1.5M | 75x | as long as short |
| dYdX JUP-USD | +0.0073% | 1h | 0.2952 | −0.020% | $39K | $28K | 5x | as long as short |
| Paradex JUP-USD-PERP | +0.0094% | 8h | 0.2953 | −0.015% | $9K | $11K | 10x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2957 | +0.135% | $781K | $1.3M | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2954 | +0.025% | $597K | $522K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2958 | +0.166% | $18.8M | $10.2M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2955 | +0.061% | $114K | $317K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2954 | +0.024% | $16.3M | $44.5M | 75x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2956 | +0.102% | $62K | $8K | 10x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2954 | +0.034% | $7.3M | $7.0M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2955 | +0.068% | $4.0M | $6.7M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2955 | +0.068% | $5.8M | $6.2M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2955 | +0.068% | — | $20.8M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2956 | +0.112% | $979K | $236K | 10x | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2950 | −0.110% | $1.6M | $3.8M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2950 | −0.102% | $157K | $285K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2959 | +0.186% | $93K | $109K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2955 | +0.068% | $31K | $43K | 10x | as long as short |
| HTX JUP-USDTshort | +0.0100% | 4h | 0.2951 | −0.068% | $111K | $47K | 20x | |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2957 | +0.135% | $2.9M | $3.4M | 50x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2954 | +0.017% | $40K | — | 3x | as long as short |
| 01 Exchange JUPUSD | +0.0144% | 1h | 0.2957 | +0.135% | $26K | $19K | 5x | as long as short |
| Phoenix JUP | +0.0188% | 1h | 0.2954 | +0.037% | $97K | $402K | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0272% | 1h | 0.2956 | +0.112% | $74K | $50K | 50x | as long as short |
| Extended JUP-USD | +0.0440% | 1h | 0.2953 | +0.001% | $2.2M | $489K | 25x | as long as short |
Bybit JUPUSDT
HTX JUP-USDT
Injective JUP/USDC PERP
Pacifica JUP
GMX JUP/USD [WBTC.b-USDC]
Kraken Futures PF_JUPUSD
OKX JUP-USDT-SWAP
Deribit JUP_USDC-PERPETUAL
gTrade (Gains Network) JUP/USD
Variational Omni JUP
Gate JUP_USDT
Paradex JUP-USD-PERP
Lighter JUP
Hyperliquid JUP
Aster JUPUSDT
Binance JUPUSDT
Bulk JUP-USD
MEXC JUP_USDT
KuCoin JUPUSDTM
Bitget JUPUSDT
BingX JUP-USDT
Backpack JUP_USDC_PERP
GRVT JUP_USDT_Perp
ApeX Omni JUPUSDT
Polymarket Perps JUP-USD
Phemex JUPUSDT
01 Exchange JUPUSD
Phoenix JUP
Coinbase International JUP-PERP-INTX
Extended JUP-USD