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

JUP

all JUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0220%/8h= −24.1% APRnext payment $0.28 per $10,000 · paid last 24h −0.047%
Price spread now: Bulk against Coinbase International−0.609%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bulk is 0.609% cheaper against Coinbase International than usual: you would sell low and buy high (−$61 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International JUP-PERP-INTX0.29270.0320pay 0.0040% / 1h24m 27s$74K$49K50x
ShortBulk JUP-USD0.29090.0100get 0.0013% / 1h24m 27s$60K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against Coinbase International. 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
−$46.2
Price spread: −0.609% → 0.000%
−$60.87
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$124.07
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; Bulk: 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International no order-book sample
Sell Bulk no order-book sample
Coinbase International and Bulk: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective JUP/USDC PERP−0.3836%1h0.2880−1.592%$3K$207K5.5xas long as short
GMX JUP/USD [WBTC.b-USDC]L −0.0275% / S +0.0618%1h0.2909−0.618%$16K100xas long as short
Pacifica JUP−0.0058%1h0.2903−0.808%$277K$138K10xas long as short
Deribit JUP_USDC-PERPETUAL−0.0025%1h0.2906−0.714%$52K$17K10xas long as short
gTrade (Gains Network) JUP/USDL +0.0001% / S −0.0001%1h0.2909−0.591%150xas long as short
dYdX JUP-USD+0.0022%1h0.2904−0.757%$38K$15K5xas long as short
Reya JUPRUSDPERP+0.0057%1h0.2907−0.672%20xas long as short
Lighter JUP+0.0096%1h0.2907−0.683%$752K$1.0M10xas long as short
Paradex JUP-USD-PERP+0.0097%8h0.2902−0.857%$9K$11K10xas long as short
Nado JUP-PERP+0.0100%1h0.2902−0.823%$571K$493K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid JUP+0.0100%1h0.2905−0.731%$17.9M$8.9M10xas long as short
Aster JUPUSDT+0.0100%4h0.2905−0.744%$98K$296K10xas long as short
Binance JUPUSDT+0.0100%4h0.2902−0.841%$15.9M$38.9M75xas long as short
Bybit JUPUSDT+0.0100%4h0.2899−0.929%$15.7M$17.4M50xas long as short
OKX JUP-USDT-SWAP+0.0100%4h0.2902−0.841%$4.0M$10.1M50xas long as short
Bulk JUP-USDshort+0.0100%1h0.2909−0.609%$60K$2K10x
Gate JUP_USDT+0.0100%4h0.2901−0.875%$692K$1.4M75xas long as short
MEXC JUP_USDT+0.0100%4h0.2904−0.772%$6.8M$5.5M200xas long as short
KuCoin JUPUSDTM+0.0100%4h0.2904−0.772%$4.0M$6.7M50xas long as short
Bitget JUPUSDT+0.0100%4h0.2904−0.772%$5.7M$4.9M75xas long as short
BingX JUP-USDT+0.0100%4h0.2903−0.806%$20.5Mas long as short
Backpack JUP_USDC_PERP+0.0100%1h0.2906−0.704%$961K$223K10xas long as short
Variational Omni JUP+0.0100%4h0.2904−0.756%$705K$528Kas long as short
GRVT JUP_USDT_Perp+0.0100%4h0.2913−0.465%$1.6M$4.0M10xas long as short
ApeX Omni JUPUSDT+0.0100%1h0.2909−0.601%$160K$254K50xas long as short
Polymarket Perps JUP-USD+0.0100%1h0.2905−0.735%$91K$106K10xas long as short
Orderly PERP_JUP_USDC+0.0100%4h0.2906−0.704%$33K$29K10xas long as short
HTX JUP-USDT+0.0100%4h0.2900−0.909%$109K$42K20xas long as short
Extended JUP-USD+0.0104%1h0.2901−0.884%$2.2M$579K25xas long as short
Aevo JUP-PERP+0.0104%1h0.2905−0.737%$40K3xas long as short
01 Exchange JUPUSD+0.0136%1h0.2902−0.847%$26K$3K5xas long as short
Coinbase International JUP-PERP-INTXlong+0.0320%1h0.2927long leg$74K$49K50x
BloFin JUP-USDT+0.0340%4h0.2908−0.636%$817K$369K50xas long as short
Phemex JUPUSDT+0.0342%4h0.2910−0.567%$2.8M$3.0M50xas long as short
Phoenix JUP+0.0355%1h0.2913−0.482%$105K$284K10xas long as short
Kraken Futures PF_JUPUSD+0.0417%1h0.2907−0.687%$572K$418K20xas long as short