Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h +0.036%

Price spread now: Coinbase International against KuCoin+0.139%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.243%+$24 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 +$3 a day on $10k at the current rate, and Coinbase International is 0.139% dearer against KuCoin than usual: you sell high and buy low: +$14 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	KuCoin JUPUSDTM	0.2940	0.0100	pay 0.0050% / 4h	51m 48s	$4.0M	$6.7M	50x
Short	Coinbase International JUP-PERP-INTX	0.2944	0.0208	get 0.0026% / 1h	51m 48s	$74K	$49K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against KuCoin. 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 KuCoinbpFee Coinbase InternationalbpOrdersPrice spread, now +0.139%Rate

Funding earned: $22.68
Price spread: +0.139% → 0.000%: $13.95
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $14.63
Costs to cover: 0.220%
Break-even: 2.5 days

Slippage unknown: KuCoin: live order book, 1 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 KuCoin live order book, 1 min ago	3.40 bp	46.6 bp −$47	151.4 bp −$1,514	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	−0.4661%	1h	0.2910	−1.020%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2940	+0.012%	$16K	—	100x	as long as short
Pacifica JUP	−0.0125%	1h	0.2941	+0.040%	$280K	$147K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0124%	1h	0.2940	−0.010%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2941	+0.042%	—	—	150x	as long as short
dYdX JUP-USD	+0.0002%	1h	0.2942	+0.085%	$38K	$26K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2939	−0.033%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2941	+0.048%	$778K	$1.0M	10x	as long as short
Kraken Futures PF_JUPUSD	+0.0096%	1h	0.2940	−0.002%	$588K	$489K	20x	as long as short
Paradex JUP-USD-PERP	+0.0099%	8h	0.2939	−0.039%	$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	0.2938	−0.051%	$593K	$502K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2940	+0.014%	$18.7M	$9.5M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2943	+0.102%	$114K	$288K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2936	−0.123%	$16.2M	$42.4M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2934	−0.201%	$15.7M	$18.9M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2937	−0.102%	$4.0M	$12.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2957	+0.578%	$62K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2937	−0.102%	$729K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2939	−0.034%	$7.3M	$6.4M	200x	as long as short
KuCoin JUPUSDTMlong	+0.0100%	4h	0.2940	long leg	$4.0M	$6.7M	50x
Bitget JUPUSDT	+0.0100%	4h	0.2940	0.000%	$5.7M	$5.8M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2939	−0.034%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2939	−0.017%	$975K	$245K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2960	+0.681%	$722K	$693K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2955	+0.526%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2945	+0.170%	$156K	$265K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2942	+0.054%	$93K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2940	0.000%	$31K	$42K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2934	−0.204%	$110K	$49K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2944	+0.136%	$2.9M	$3.2M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2938	−0.054%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0120%	1h	0.2939	−0.048%	$26K	$19K	5x	as long as short
Coinbase International JUP-PERP-INTXshort	+0.0208%	1h	0.2944	+0.139%	$74K	$49K	50x
Phoenix JUP	+0.0271%	1h	0.2965	+0.847%	$99K	$304K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2945	+0.170%	$844K	$382K	50x	as long as short
Extended JUP-USD	+0.0400%	1h	0.2937	−0.095%	$2.2M	$502K	25x	as long as short