Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.035%

Price spread now: Coinbase International against HTX+0.222%7-day average — · you sell dearer than you buy

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

Long on HTX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.154%+$15 on $10k

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 +$4 a day on $10k at the current rate, and Coinbase International is 0.222% dearer against HTX than usual: you sell high and buy low: +$22 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	HTX JUP-USDT	0.2974	0.0100	pay 0.0050% / 4h	1h 19m	$112K	$47K	20x
Short	Coinbase International JUP-PERP-INTX	0.2981	0.0240	get 0.0030% / 1h	19m 23s	$75K	$50K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee HTXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.222%Rate

Funding earned: $29.4
Price spread: +0.222% → 0.000%: $22.19
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $29.59
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: HTX: live order book, 42 min ago; Coinbase International: 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 HTX live order book, 42 min ago	10.20 bp	92.9 bp −$93	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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	−1.883%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0340% / S +0.0664%	1h	0.2983	+0.298%	$16K	—	100x	as long as short
Pacifica JUP	−0.0224%	1h	0.2982	+0.279%	$284K	$147K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2979	+0.165%	$55K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2983	+0.311%	—	—	150x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2982	+0.266%	—	—	20x	as long as short
Bybit JUPUSDT	+0.0066%	4h	0.2980	+0.202%	$16.0M	$19.0M	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2985	+0.387%	$788K	$1.1M	10x	as long as short
OKX JUP-USDT-SWAP	+0.0097%	4h	0.2984	+0.336%	$4.1M	$12.4M	50x	as long as short
Paradex JUP-USD-PERP	+0.0098%	8h	0.2983	+0.293%	$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	0.2982	+0.261%	$602K	$506K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2987	+0.424%	$19.0M	$9.7M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2984	+0.336%	$115K	$290K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2983	+0.303%	$16.4M	$42.7M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2958	−0.538%	$62K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2981	+0.235%	$743K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2982	+0.269%	$7.4M	$6.6M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2982	+0.269%	$4.1M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2983	+0.303%	$5.8M	$5.9M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2982	+0.269%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2978	+0.145%	$989K	$247K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2977	+0.099%	$727K	$694K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2973	−0.034%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2979	+0.168%	$158K	$266K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2986	+0.410%	$94K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2983	+0.303%	$31K	$42K	10x	as long as short
HTX JUP-USDTlong	+0.0100%	4h	0.2974	long leg	$112K	$47K	20x
Phemex JUPUSDT	+0.0100%	4h	0.2983	+0.303%	$2.9M	$3.3M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2977	+0.101%	$41K	—	3x	as long as short
dYdX JUP-USD	+0.0113%	1h	0.2980	+0.215%	$39K	$26K	5x	as long as short
Kraken Futures PF_JUPUSD	+0.0199%	1h	0.2979	+0.162%	$596K	$488K	20x	as long as short
01 Exchange JUPUSD	+0.0208%	1h	0.2985	+0.387%	$26K	$19K	5x	as long as short
Coinbase International JUP-PERP-INTXshort	+0.0240%	1h	0.2981	+0.222%	$75K	$50K	50x
Phoenix JUP	+0.0244%	1h	0.2979	+0.185%	$98K	$329K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2978	+0.134%	$845K	$382K	50x	as long as short
Extended JUP-USD	+0.0400%	1h	0.2982	+0.269%	$2.2M	$495K	25x	as long as short