Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.0% APRpaid last 24h −1.222%

Price spread now: MEXC against dYdX+0.082%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. MEXC is 0.082% dearer against dYdX than usual: you sell high and buy low (spread +0.082% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 29 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX JUP-USD	0.2973	0.0110	pay 0.0014% / 1h	57m 03s	$39K	$35K	5x
Short	MEXC JUP_USDT	0.2975	0.0100	get 0.0050% / 4h	57m 03s	$8.1M	$7.7M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against dYdX. 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 dYdXbpFee MEXCbpOrdersPrice spread, now +0.082%Rate

Funding earned: −$2
Price spread: +0.082% → 0.000%: $8.23
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$3.77
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; MEXC: live order book, 6 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell MEXC live order book, 6 min ago	1.69 bp	9.0 bp −$9	20.0 bp −$200	91.2 bp −$9,115	248.7 bp −$124.3K

dYdX: 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	−0.4371%	1h	0.2935	−1.263%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0398% / S +0.0663%	1h	0.2976	+0.106%	$15K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0209%	1h	0.2975	+0.087%	$602K	$618K	20x	as long as short
Pacifica JUP	−0.0199%	1h	0.2972	−0.004%	$283K	$169K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2975	+0.092%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2975	+0.099%	$17K	—	150x	as long as short
Gate JUP_USDT	+0.0040%	4h	0.2973	+0.015%	$749K	$1.8M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2973	+0.017%	—	—	20x	as long as short
Bybit JUPUSDT	+0.0062%	4h	0.2972	−0.019%	$16.3M	$23.0M	50x	as long as short
Paradex JUP-USD-PERP	+0.0080%	8h	0.2972	−0.003%	$9K	$13K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter JUP	+0.0096%	1h	0.2977	+0.143%	$798K	$1.3M	10x	as long as short
01 Exchange JUPUSD	+0.0096%	1h	0.2978	+0.180%	$26K	$19K	5x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2973	+0.032%	$614K	$667K	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2976	+0.105%	$107K	$356K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2974	+0.053%	$16.4M	$54.0M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2972	−0.019%	$4.0M	$16.5M	50x	as long as short
MEXC JUP_USDTshort	+0.0100%	4h	0.2975	+0.082%	$8.1M	$7.7M	200x
KuCoin JUPUSDTM	+0.0100%	4h	0.2977	+0.150%	$4.3M	$7.0M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2974	+0.049%	$5.7M	$8.1M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2973	+0.015%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2975	+0.096%	$985K	$248K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2961	−0.385%	$715K	$1.0M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2966	−0.220%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2969	−0.120%	$158K	$320K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2981	+0.294%	$94K	$130K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2977	+0.150%	$31K	$49K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2965	−0.254%	$111K	$67K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2977	+0.150%	$2.9M	$4.0M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2966	−0.220%	$58K	$2K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2974	+0.038%	$41K	—	3x	as long as short
BloFin JUP-USDT	+0.0109%	4h	0.2976	+0.116%	$846K	$329K	50x	as long as short
dYdX JUP-USDlong	+0.0110%	1h	0.2973	long leg	$39K	$35K	5x
Hyperliquid JUP	+0.0175%	1h	0.2979	+0.217%	$19.1M	$13.3M	10x	as long as short
Phoenix JUP	+0.0190%	1h	0.2973	+0.022%	$97K	$479K	10x	as long as short
Extended JUP-USD	+0.0208%	1h	0.2972	−0.005%	$2.2M	$505K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.2977	+0.153%	$74K	$95K	50x	as long as short