Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%

Price spread now: MEXC against Gate−0.068%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$530.530% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 7 days+0.082%+$8 · spread now −0.068%, 7d avg +0.010%

Together, before fees+0.119%+$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.077% cheaper against Gate than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate JUP_USDT	0.2955	0.0100	pay 0.0050% / 4h	54m 27s	$734K	$1.4M	75x
Short	MEXC JUP_USDT	0.2953	0.0100	get 0.0050% / 4h	54m 27s	$7.3M	$6.4M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee GatebpFee MEXCbpOrdersPrice spread, now −0.068%Rate

Funding earned: $0
Price spread: −0.068% → +0.010%: −$7.74
Slippage, 4 orders: −$38.01
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$60.74
Costs to cover: 0.530%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; MEXC: live order book, 3 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 Gate live order book, 3 min ago	3.38 bp	24.9 bp −$25	131.0 bp −$1,310	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.69 bp	3.4 bp −$3	14.5 bp −$145	71.6 bp −$7,155	217.6 bp −$108.8K

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	−0.4661%	1h	0.2910	−1.523%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2951	−0.123%	$16K	—	100x	as long as short
Pacifica JUP	−0.0125%	1h	0.2958	+0.093%	$282K	$147K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2961	+0.196%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2953	−0.075%	—	—	150x	as long as short
dYdX JUP-USD	+0.0003%	1h	0.2960	+0.186%	$39K	$26K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2951	−0.134%	—	—	20x	as long as short
Kraken Futures PF_JUPUSD	+0.0096%	1h	0.2961	+0.190%	$592K	$489K	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2961	+0.200%	$783K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0099%	8h	0.2954	−0.051%	$9K	$11K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado JUP-PERP	+0.0100%	1h	0.2954	−0.034%	$596K	$502K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2956	+0.042%	$18.8M	$9.5M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2959	+0.149%	$114K	$289K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2951	−0.135%	$16.2M	$42.4M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2950	−0.166%	$15.8M	$18.9M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2949	−0.203%	$4.0M	$12.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2957	+0.068%	$62K	$8K	10x	as long as short
Gate JUP_USDTlong	+0.0100%	4h	0.2955	long leg	$734K	$1.4M	75x
MEXC JUP_USDTshort	+0.0100%	4h	0.2953	−0.068%	$7.3M	$6.4M	200x
KuCoin JUPUSDTM	+0.0100%	4h	0.2954	−0.034%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2954	−0.034%	$5.8M	$5.9M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2955	0.000%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2962	+0.227%	$982K	$249K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2960	+0.170%	$722K	$693K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2955	+0.016%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2945	−0.338%	$156K	$265K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2955	+0.010%	$93K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2951	−0.135%	$31K	$42K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2952	−0.102%	$111K	$49K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2964	+0.305%	$2.9M	$3.2M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2951	−0.151%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0184%	1h	0.2955	−0.014%	$26K	$19K	5x	as long as short
Coinbase International JUP-PERP-INTX	+0.0208%	1h	0.2964	+0.318%	$75K	$50K	50x	as long as short
Phoenix JUP	+0.0244%	1h	0.2949	−0.213%	$98K	$304K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2961	+0.203%	$848K	$385K	50x	as long as short
Extended JUP-USD	+0.0432%	1h	0.2953	−0.074%	$2.2M	$502K	25x	as long as short