Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.180%

Price spread now: 01 Exchange against Gate+0.087%7-day average — · you sell dearer than you buy

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

Long on Gate Short on 01 Exchange

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and 01 Exchange is 0.087% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate JUP_USDT	0.2976	0.0100	pay 0.0050% / 4h	1h 22m	$743K	$1.4M	75x
Short	01 Exchange JUPUSD	0.2979	0.0200	get 0.0025% / 1h	22m 25s	$26K	$19K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.087%Rate

Funding earned: $21
Price spread: +0.087% → 0.000%: $8.74
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $7.74
Costs to cover: 0.220%
Break-even: 4.4 days

Slippage unknown: Gate: live order book, 5 min ago; 01 Exchange: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 5 min ago	5.08 bp	25.4 bp −$25	106.3 bp −$1,063	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	−0.5000%	1h	0.2918	−1.949%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0340% / S +0.0664%	1h	0.2972	−0.120%	$16K	—	100x	as long as short
Pacifica JUP	−0.0224%	1h	0.2973	−0.090%	$283K	$147K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2973	−0.091%	$55K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2976	+0.008%	—	—	150x	as long as short
Bybit JUPUSDT	+0.0056%	4h	0.2974	−0.084%	$15.9M	$19.1M	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2974	−0.059%	—	—	20x	as long as short
OKX JUP-USDT-SWAP	+0.0087%	4h	0.2975	−0.034%	$4.1M	$12.4M	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2976	+0.003%	$786K	$1.1M	10x	as long as short
Paradex JUP-USD-PERP	+0.0098%	8h	0.2977	+0.017%	$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	0.2976	+0.017%	$601K	$507K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2979	+0.087%	$18.9M	$9.7M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2976	+0.004%	$115K	$297K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2975	−0.029%	$16.4M	$42.7M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2958	−0.605%	$62K	$8K	10x	as long as short
Gate JUP_USDTlong	+0.0100%	4h	0.2976	long leg	$743K	$1.4M	75x
MEXC JUP_USDT	+0.0100%	4h	0.2974	−0.067%	$7.4M	$6.6M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2976	0.000%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2976	0.000%	$5.8M	$5.9M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2975	−0.034%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2972	−0.141%	$987K	$247K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2954	−0.743%	$721K	$697K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2955	−0.706%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2960	−0.538%	$157K	$266K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2979	+0.087%	$94K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2972	−0.134%	$31K	$42K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2965	−0.370%	$112K	$47K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2975	−0.034%	$2.9M	$3.3M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2970	−0.185%	$40K	—	3x	as long as short
dYdX JUP-USD	+0.0116%	1h	0.2972	−0.121%	$39K	$26K	5x	as long as short
Kraken Futures PF_JUPUSD	+0.0199%	1h	0.2972	−0.119%	$595K	$488K	20x	as long as short
01 Exchange JUPUSDshort	+0.0200%	1h	0.2979	+0.087%	$26K	$19K	5x
Coinbase International JUP-PERP-INTX	+0.0240%	1h	0.2972	−0.131%	$75K	$50K	50x	as long as short
Phoenix JUP	+0.0244%	1h	0.2961	−0.507%	$97K	$329K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2973	−0.101%	$850K	$382K	50x	as long as short
Extended JUP-USD	+0.0384%	1h	0.2974	−0.077%	$2.2M	$495K	25x	as long as short