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

JUP

all JUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.5240%/8h= +573.8% APRnext payment +$6.55 per $10,000 · paid last 24h +0.768%
Price spread now: Coinbase International against Injective+1.037%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+2.713%+$271 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$157 a day on $10k at the current rate, and Coinbase International is 1.037% dearer against Injective than usual: you sell high and buy low: +$104 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 2.713% in total (about 141.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.55 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
LongInjective JUP/USDC PERP0.2904−0.5000get 0.0625% / 1h44m 50s$3K$206K5.5x
ShortCoinbase International JUP-PERP-INTX0.29340.0240get 0.0030% / 1h44m 50s$74K$49K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
$1,100.4
Price spread: +1.037% → 0.000%
$103.65
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$1,194.03
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: live order book, 19 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective live order book, 19 min ago78.26 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective JUP/USDC PERPlong−0.5000%1h0.2904long leg$3K$206K5.5x
GMX JUP/USD [WBTC.b-USDC]L −0.0340% / S +0.0664%1h0.2938+1.187%$16K100xas long as short
Pacifica JUP−0.0224%1h0.2935+1.060%$280K$147K10xas long as short
Backpack JUP_USDC_PERP−0.0070%1h0.2941+1.260%$976K$231K10xas long as short
Bybit JUPUSDT−0.0036%4h0.2933+1.002%$15.7M$19.3M50xas long as short
Deribit JUP_USDC-PERPETUAL0.0000%1h0.2939+1.209%$54K$16K10xas long as short
gTrade (Gains Network) JUP/USDL +0.0001% / S −0.0001%1h0.2938+1.179%150xas long as short
OKX JUP-USDT-SWAP+0.0016%4h0.2939+1.205%$4.0M$12.6M50xas long as short
Reya JUPRUSDPERP+0.0057%1h0.2939+1.205%20xas long as short
dYdX JUP-USD+0.0064%1h0.2940+1.256%$38K$27K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni JUP+0.0076%4h0.2933+1.015%$715K$698Kas long as short
Paradex JUP-USD-PERP+0.0096%8h0.2937+1.151%$9K$11K10xas long as short
Lighter JUP+0.0096%1h0.2941+1.281%$778K$1.1M10xas long as short
Nado JUP-PERP+0.0100%1h0.2939+1.197%$594K$509K10xas long as short
Hyperliquid JUP+0.0100%1h0.2941+1.278%$18.7M$10.1M10xas long as short
Aster JUPUSDT+0.0100%4h0.2940+1.253%$113K$299K10xas long as short
Binance JUPUSDT+0.0100%4h0.2938+1.187%$16.2M$43.5M75xas long as short
Bulk JUP-USD+0.0100%1h0.2939+1.193%$61K$8K10xas long as short
Gate JUP_USDT+0.0100%4h0.2938+1.171%$729K$1.4M75xas long as short
MEXC JUP_USDT+0.0100%4h0.2940+1.240%$7.4M$6.5M200xas long as short
KuCoin JUPUSDTM+0.0100%4h0.2939+1.205%$4.0M$6.7M50xas long as short
Bitget JUPUSDT+0.0100%4h0.2940+1.240%$5.7M$6.1M75xas long as short
BingX JUP-USDT+0.0100%4h0.2938+1.171%$20.8Mas long as short
GRVT JUP_USDT_Perp+0.0100%4h0.2934+1.034%$1.6M$3.7M10xas long as short
ApeX Omni JUPUSDT+0.0100%1h0.2936+1.102%$156K$275K50xas long as short
Polymarket Perps JUP-USD+0.0100%1h0.2943+1.350%$93K$107K10xas long as short
Orderly PERP_JUP_USDC+0.0100%4h0.2939+1.205%$31K$42K10xas long as short
HTX JUP-USDT+0.0100%4h0.2933+0.999%$111K$47K20xas long as short
Phemex JUPUSDT+0.0100%4h0.2941+1.274%$2.9M$3.4M50xas long as short
Aevo JUP-PERP+0.0104%1h0.2938+1.174%$40K3xas long as short
01 Exchange JUPUSD+0.0160%1h0.2942+1.305%$26K$19K5xas long as short
Kraken Futures PF_JUPUSD+0.0201%1h0.2940+1.223%$587K$496K20xas long as short
Coinbase International JUP-PERP-INTXshort+0.0240%1h0.2934+1.037%$74K$49K50x
Phoenix JUP+0.0244%1h0.2937+1.129%$97K$329K10xas long as short
BloFin JUP-USDT+0.0340%4h0.2936+1.102%$840K$370K50xas long as short
Extended JUP-USD+0.0360%1h0.2941+1.265%$2.2M$490K25xas long as short