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

JUP

all JUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0184%/8h= −20.2% APRnext payment $0.92 per $10,000 · paid last 24h −0.020%
Price spread now: OKX against HTX+0.102%54s7-day average +0.169% · you sell dearer than you buy
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2412.408% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.081%−$8 on $10k
Price spread, last 3 days (all we have)+0.026%+$3 · spread now +0.102%, 7d avg +0.169%
Together, before fees−0.055%−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and OKX is 0.067% cheaper against HTX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.169%). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.081% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.92 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX JUP-USDT0.29410.0100pay 0.0050% / 4h2h 55m$111K$55K20x
ShortOKX JUP-USDT-SWAP0.2944−0.0084pay 0.0042% / 4h2h 55m$4.0M$15.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$38.67
Price spread: +0.102% → +0.169%
−$6.69
Slippage, 4 orders
−$218.81
Fee HTX: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$286.16
Costs to cover
2.408%
Break-even
never at this rate
Slippage from HTX: live order book, 11 min ago; OKX: live order book, 3 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, 11 min ago11.66 bp101.6 bp −$102doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.68 bp14.5 bp −$1555.5 bp −$555doesn'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−0.4347%1h0.2943+0.068%$3K$206K5.5xas long as short
Backpack JUP_USDC_PERP−0.0566%1h0.2943+0.075%$975K$234K10xas long as short
Deribit JUP_USDC-PERPETUAL−0.0429%1h0.2945+0.129%$54K$16K10xas long as short
Pacifica JUP−0.0353%1h0.2946+0.170%$281K$147K10xas long as short
GMX JUP/USD [WBTC.b-USDC]L −0.0210% / S +0.0573%1h0.2946+0.169%$16K100xas long as short
01 Exchange JUPUSD−0.0184%1h0.2944+0.116%$26K$19K5xas long as short
OKX JUP-USDT-SWAPshort−0.0084%4h0.2944+0.102%$4.0M$15.0M50x
Bybit JUPUSDT−0.0058%4h0.2940−0.034%$15.9M$20.7M50xas long as short
Kraken Futures PF_JUPUSD−0.0024%1h0.2947+0.195%$592K$523K20xas long as short
dYdX JUP-USD0.0000%1h0.2949+0.286%$39K$31K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) JUP/USDL +0.0001% / S −0.0001%1h0.2947+0.216%150xas long as short
Reya JUPRUSDPERP+0.0057%1h0.2942+0.036%20xas long as short
Paradex JUP-USD-PERP+0.0081%8h0.2947+0.208%$9K$11K10xas long as short
Lighter JUP+0.0096%1h0.2949+0.286%$780K$1.3M10xas long as short
Gate JUP_USDT+0.0098%4h0.2942+0.034%$728K$1.5M75xas long as short
Orderly PERP_JUP_USDC+0.0100%4h0.2946+0.170%$31K$44K10xas long as short
Nado JUP-PERP+0.0100%1h0.2943+0.051%$605K$633K10xas long as short
Hyperliquid JUP+0.0100%1h0.2947+0.201%$18.9M$11.5M10xas long as short
Aster JUPUSDT+0.0100%4h0.2946+0.170%$114K$325K10xas long as short
Binance JUPUSDT+0.0100%4h0.2944+0.102%$16.2M$47.6M75xas long as short
Bulk JUP-USD+0.0100%1h0.2971+1.020%$62K$8K10xas long as short
MEXC JUP_USDT+0.0100%4h0.2944+0.102%$7.5M$6.9M200xas long as short
KuCoin JUPUSDTM+0.0100%4h0.2945+0.136%$4.0M$6.7M50xas long as short
Bitget JUPUSDT+0.0100%4h0.2944+0.102%$5.7M$6.7M75xas long as short
BingX JUP-USDT+0.0100%4h0.2943+0.068%$20.9Mas long as short
Variational Omni JUP+0.0100%4h0.2938−0.100%$713K$768Kas long as short
GRVT JUP_USDT_Perp+0.0100%4h0.2960+0.632%$1.6M$3.8M10xas long as short
ApeX Omni JUPUSDT+0.0100%1h0.2964+0.782%$158K$303K50xas long as short
Polymarket Perps JUP-USD+0.0100%1h0.2950+0.296%$93K$111K10xas long as short
HTX JUP-USDTlong+0.0100%4h0.2941long leg$111K$55K20x
Extended JUP-USD+0.0104%1h0.2943+0.053%$2.2M$485K25xas long as short
Aevo JUP-PERP+0.0104%1h0.2940−0.034%$40K3xas long as short
Phoenix JUP+0.0214%1h0.2982+1.377%$98K$402K10xas long as short
Coinbase International JUP-PERP-INTX+0.0272%1h0.2962+0.707%$74K$59K50xas long as short
BloFin JUP-USDT+0.0340%4h0.2960+0.646%$849K$365K50xas long as short
Phemex JUPUSDT+0.0652%4h0.2949+0.272%$2.9M$3.6M50xas long as short