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

JUP

all JUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.004%
Price spread now: GRVT against Gate+0.223%96s7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$910.906% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.089%+$9 on $10k
Price spread, last 4 days (all we have)+0.998%+$100 · spread now +0.223%, 7d avg +0.038%
Together, before fees+1.086%+ Points / potential airdropGRVT: Active · farm board+$109 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 0.185% dearer against Gate than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.038%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate JUP_USDT0.29810.0072pay 0.0036% / 4h3h 03m$744K$2.0M75x
ShortGRVT JUP_USDT_Perp0.29880.0100get 0.0050% / 4h3h 03m$1.6M$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Gate. 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
$5.88
Price spread: +0.223% → +0.038%
$18.51
Slippage, 4 orders
−$66.62
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$66.23
Costs to cover
0.906%
Break-even
85.8 days
Slippage from Gate: live order book, 4 min ago; GRVT: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago3.35 bp20.8 bp −$21102.8 bp −$1,028doesn't fitdoesn't fit
Sell GRVT live order book, 5 min ago3.36 bp15.2 bp −$1566.5 bp −$665doesn't fitdoesn't fit

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−0.4049%1h0.3006+0.839%$3K$110K5.5xas long as short
GMX JUP/USD [WBTC.b-USDC]L −0.0673% / S +0.0235%1h0.2983+0.056%$13K100xas long as short
Bybit JUPUSDT−0.0231%4h0.2980−0.047%$16.3M$24.1M50xas long as short
Phoenix JUP0.0000%1h0.2989+0.258%$95K$396K10xas long as short
Deribit JUP_USDC-PERPETUAL0.0000%1h0.2983+0.060%$58K$13K10xas long as short
gTrade (Gains Network) JUP/USDL +0.0002% / S −0.0001%1h0.2984+0.091%$17K150xas long as short
BloFin JUP-USDT+0.0046%4h0.2986+0.168%$870K$334K50xas long as short
Reya JUPRUSDPERP+0.0057%1h0.2980−0.047%20xas long as short
dYdX JUP-USD+0.0057%1h0.2987+0.204%$39K$38K5xas long as short
Gate JUP_USDTlong+0.0072%4h0.2981long leg$744K$2.0M75x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex JUP-USD-PERP+0.0096%8h0.2982+0.038%$9K$15K10xas long as short
Lighter JUP+0.0096%1h0.2985+0.151%$922K$1.2M10xas long as short
Orderly PERP_JUP_USDC+0.0099%4h0.2984+0.101%$31K$51K10xas long as short
Nado JUP-PERP+0.0100%1h0.2979−0.050%$600K$674K10xas long as short
Aster JUPUSDT+0.0100%4h0.2984+0.095%$107K$368K10xas long as short
Pacifica JUP+0.0100%1h0.2981+0.015%$284K$184K10xas long as short
Binance JUPUSDT+0.0100%4h0.29810.000%$16.6M$56.6M75xas long as short
OKX JUP-USDT-SWAP+0.0100%4h0.2980−0.034%$4.1M$16.8M50xas long as short
Bulk JUP-USD+0.0100%1h0.2976−0.168%$58K$4K10xas long as short
MEXC JUP_USDT+0.0100%4h0.29810.000%$8.1M$8.1M200xas long as short
KuCoin JUPUSDTM+0.0100%4h0.2984+0.101%$4.5M$7.3M50xas long as short
Bitget JUPUSDT+0.0100%4h0.2979−0.067%$5.7M$8.6M75xas long as short
BingX JUP-USDT+0.0100%4h0.2982+0.034%$21.6Mas long as short
Backpack JUP_USDC_PERP+0.0100%1h0.2983+0.057%$989K$274K10xas long as short
Variational Omni JUP+0.0100%4h0.2984+0.086%$729K$1.2Mas long as short
GRVT JUP_USDT_Perpshort+0.0100%4h0.2988+0.223%$1.6M$4.3M10x
ApeX Omni JUPUSDT+0.0100%1h0.2985+0.134%$159K$319K50xas long as short
Polymarket Perps JUP-USD+0.0100%1h0.2985+0.144%$94K$138K10xas long as short
HTX JUP-USDT+0.0100%4h0.2974−0.235%$112K$69K20xas long as short
Phemex JUPUSDT+0.0100%4h0.2988+0.235%$2.9M$4.1M50xas long as short
Aevo JUP-PERP+0.0104%1h0.2982+0.017%$41K3xas long as short
Hyperliquid JUP+0.0108%1h0.2985+0.151%$19.2M$14.1M10xas long as short
01 Exchange JUPUSD+0.0144%1h0.2984+0.087%$26K$19K5xas long as short
Coinbase International JUP-PERP-INTX+0.0256%1h0.2988+0.225%$74K$95K50xas long as short
Extended JUP-USD+0.0280%1h0.2979−0.060%$2.2M$544K25xas long as short
Kraken Futures PF_JUPUSD+0.0285%1h0.2984+0.099%$605K$623K20xas long as short