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−0.0092%/8h= −10.1% APRnext payment $0.46 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against HTX+0.134%7-day average +0.185% · you sell dearer than you buy
Net, funding: paid 7d − costs−$265as in the Funding arb table
Net, price: spread back to 7d avg − costs−$266as in the Price arb table
costs, in and out, $10k−$2612.607% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 3 days (all we have)+0.019%+$2 · spread now +0.134%, 7d avg +0.185%
Together, before fees−0.023%−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.051% cheaper against HTX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.185%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX JUP-USDT0.29790.0100pay 0.0050% / 4h37m 35s$112K$67K20x
ShortBybit JUPUSDT0.29830.0008get 0.0004% / 4h37m 35s$16.3M$22.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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
−$19.31
Price spread: +0.134% → +0.185%
−$5.09
Slippage, 4 orders
−$237.73
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$285.13
Costs to cover
2.607%
Break-even
never at this rate
Slippage from HTX: live order book, 38 min ago; Bybit: live order book, 1 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 HTX live order book, 38 min ago11.86 bp115.2 bp −$115doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago1.68 bp15.8 bp −$1639.1 bp −$391233.3 bp −$23.3Kdoesn'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−0.4371%1h0.2950−0.973%$3K$206K5.5xas long as short
GMX JUP/USD [WBTC.b-USDC]L −0.0339% / S +0.0663%1h0.2986+0.242%$16K100xas long as short
Kraken Futures PF_JUPUSD−0.0208%1h0.2988+0.300%$602K$614K20xas long as short
Pacifica JUP−0.0199%1h0.2986+0.235%$284K$168K10xas long as short
Deribit JUP_USDC-PERPETUAL0.0000%1h0.2987+0.255%$56K$14K10xas long as short
gTrade (Gains Network) JUP/USDL +0.0002% / S −0.0001%1h0.2988+0.286%$17K150xas long as short
Bybit JUPUSDTshort+0.0008%4h0.2983+0.134%$16.3M$22.9M50x
Gate JUP_USDT+0.0052%4h0.2984+0.168%$748K$1.8M75xas long as short
Reya JUPRUSDPERP+0.0057%1h0.2984+0.164%20xas long as short
01 Exchange JUPUSD+0.0072%1h0.2990+0.373%$26K$19K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX JUP-USD+0.0080%1h0.2987+0.256%$39K$34K5xas long as short
Paradex JUP-USD-PERP+0.0086%8h0.2986+0.222%$9K$13K10xas long as short
Lighter JUP+0.0096%1h0.2989+0.329%$800K$1.4M10xas long as short
Orderly PERP_JUP_USDC+0.0100%4h0.2987+0.269%$31K$48K10xas long as short
Nado JUP-PERP+0.0100%1h0.2986+0.243%$616K$663K10xas long as short
Aster JUPUSDT+0.0100%4h0.2988+0.294%$116K$363K10xas long as short
Binance JUPUSDT+0.0100%4h0.2986+0.243%$16.4M$53.7M75xas long as short
OKX JUP-USDT-SWAP+0.0100%4h0.2983+0.134%$4.1M$16.5M50xas long as short
Bulk JUP-USD+0.0100%1h0.2985+0.201%$58K$2K10xas long as short
MEXC JUP_USDT+0.0100%4h0.2986+0.235%$8.2M$7.7M200xas long as short
KuCoin JUPUSDTM+0.0100%4h0.2988+0.302%$4.3M$7.0M50xas long as short
Bitget JUPUSDT+0.0100%4h0.2987+0.269%$5.9M$8.1M75xas long as short
BingX JUP-USDT+0.0100%4h0.2987+0.269%$20.9Mas long as short
Backpack JUP_USDC_PERP+0.0100%1h0.2987+0.269%$988K$244K10xas long as short
Variational Omni JUP+0.0100%4h0.2983+0.139%$722K$1.0Mas long as short
GRVT JUP_USDT_Perp+0.0100%4h0.2989+0.330%$1.6M$3.9M10xas long as short
ApeX Omni JUPUSDT+0.0100%1h0.2988+0.302%$159K$320K50xas long as short
Polymarket Perps JUP-USD+0.0100%1h0.2991+0.389%$95K$129K10xas long as short
HTX JUP-USDTlong+0.0100%4h0.2979long leg$112K$67K20x
Phemex JUPUSDT+0.0100%4h0.2993+0.470%$2.9M$3.9M50xas long as short
Aevo JUP-PERP+0.0104%1h0.2983+0.137%$41K3xas long as short
BloFin JUP-USDT+0.0158%4h0.2985+0.201%$848K$330K50xas long as short
Phoenix JUP+0.0162%1h0.2993+0.453%$97K$479K10xas long as short
Hyperliquid JUP+0.0179%1h0.2992+0.420%$19.2M$13.1M10xas long as short
Coinbase International JUP-PERP-INTX+0.0256%1h0.3000+0.718%$75K$95K50xas long as short
Extended JUP-USD+0.0264%1h0.2986+0.235%$2.2M$507K25xas long as short