Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h −0.073%

Price spread now: HTX against Extended−0.099%7-day average −0.142% · you buy dearer than you sell

Net, funding: paid 7d − costs−$325as in the Funding arb table

Net, price: spread back to 7d avg − costs−$249as in the Price arb table

costs, in and out, $10k−$2542.536% of the position

Long on Extended Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.715%−$71 on $10k

Price spread, last 3 days (all we have)+0.040%+$4 · spread now −0.099%, 7d avg −0.142%

Together, before fees−0.675%+ Points / potential airdropExtended: Active · farm board−$67 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.043% dearer against Extended than usual: you sell high and buy low (spread −0.099% now, against its 7-day average of −0.142%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.715% in total) that is about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended JUP-USD	0.2977	0.0248	pay 0.0031% / 1h	27m 36s	$2.2M	$507K	25x
Short	HTX JUP-USDT	0.2974	0.0100	get 0.0050% / 4h	27m 36s	$112K	$66K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Extended. 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 ExtendedbpFee HTXbpOrdersPrice spread, now −0.099%Rate

Funding earned: −$31.08
Price spread: −0.099% → −0.142%: $4.32
Slippage, 4 orders: −$236.58
Fee Extended: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$280.34
Costs to cover: 2.536%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; HTX: live order book, 48 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 Extended live order book, 1 min ago	6.70 bp	12.3 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 48 min ago	11.86 bp	114.0 bp −$114	doesn't fit	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	−0.4371%	1h	0.2950	−0.905%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2982	+0.165%	$16K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0208%	1h	0.2983	+0.200%	$601K	$601K	20x	as long as short
Pacifica JUP	−0.0199%	1h	0.2979	+0.057%	$284K	$167K	10x	as long as short
Bybit JUPUSDT	−0.0048%	4h	0.2977	+0.002%	$16.2M	$22.6M	50x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2981	+0.150%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2982	+0.186%	$17K	—	150x	as long as short
01 Exchange JUPUSD	+0.0024%	1h	0.2981	+0.123%	$26K	$19K	5x	as long as short
Gate JUP_USDT	+0.0042%	4h	0.2977	+0.002%	$745K	$1.8M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2976	−0.018%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX JUP-USD	+0.0066%	1h	0.2981	+0.153%	$39K	$33K	5x	as long as short
Paradex JUP-USD-PERP	+0.0086%	8h	0.2979	+0.070%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2982	+0.153%	$797K	$1.4M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2982	+0.170%	$31K	$48K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2978	+0.041%	$721K	$941K	—	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2978	+0.027%	$614K	$657K	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2981	+0.143%	$116K	$361K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2979	+0.069%	$16.4M	$53.4M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2977	+0.002%	$4.1M	$16.4M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2981	+0.139%	$58K	$2K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2979	+0.069%	$8.1M	$7.7M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2981	+0.137%	$4.2M	$7.0M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2978	+0.036%	$5.8M	$8.0M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2976	−0.031%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2981	+0.137%	$987K	$244K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2984	+0.237%	$1.7M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2983	+0.204%	$159K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2982	+0.184%	$94K	$128K	10x	as long as short
HTX JUP-USDTshort	+0.0100%	4h	0.2974	−0.099%	$112K	$66K	20x
Phemex JUPUSDT	+0.0100%	4h	0.2988	+0.372%	$2.9M	$3.9M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2979	+0.069%	$41K	—	3x	as long as short
Hyperliquid JUP	+0.0136%	1h	0.2984	+0.251%	$19.2M	$13.1M	10x	as long as short
BloFin JUP-USDT	+0.0149%	4h	0.2981	+0.137%	$846K	$327K	50x	as long as short
Phoenix JUP	+0.0162%	1h	0.2986	+0.301%	$97K	$479K	10x	as long as short
Extended JUP-USDlong	+0.0248%	1h	0.2977	long leg	$2.2M	$507K	25x
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.3000	+0.788%	$75K	$93K	50x	as long as short