Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against KuCoin0.000%7-day average −0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$850.847% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$3 on $10k

Price spread, last 7 days−0.021%−$2 · spread now 0.000%, 7d avg −0.047%

Together, before fees+0.005%$0 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.047% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin JUPUSDTM	0.2966	0.0100	pay 0.0050% / 4h	2h 25m	$4.0M	$6.6M	50x
Short	MEXC JUP_USDT	0.2966	0.0100	get 0.0050% / 4h	2h 25m	$7.4M	$7.0M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.047%: $4.75
Slippage, 4 orders: −$72.74
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$79.99
Costs to cover: 0.847%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; MEXC: live order book, 2 min ago.

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, 8 min ago	5.08 bp	31.3 bp −$31	116.2 bp −$1,162	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.69 bp	5.3 bp −$5	13.2 bp −$132	84.2 bp −$8,420	232.2 bp −$116.1K

JUP on 35 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	−0.4347%	1h	0.2917	−1.652%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0353%	1h	0.2964	−0.078%	$282K	$148K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0619%	1h	0.2967	+0.027%	$16K	—	100x	as long as short
Bybit JUPUSDT	−0.0191%	4h	0.2964	−0.051%	$15.9M	$20.1M	50x	as long as short
OKX JUP-USDT-SWAP	−0.0045%	4h	0.2965	−0.034%	$4.1M	$14.2M	50x	as long as short
Kraken Futures PF_JUPUSD	−0.0024%	1h	0.2966	+0.012%	$594K	$518K	20x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2967	+0.027%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2967	+0.025%	—	—	150x	as long as short
dYdX JUP-USD	+0.0015%	1h	0.2966	+0.017%	$39K	$29K	5x	as long as short
Variational Omni JUP	+0.0036%	4h	0.2967	+0.034%	$724K	$751K	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate JUP_USDT	+0.0040%	4h	0.2967	+0.034%	$736K	$1.5M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2965	−0.024%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0090%	8h	0.2965	−0.045%	$9K	$11K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2968	+0.081%	$784K	$1.3M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2967	+0.034%	$31K	$43K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2965	−0.042%	$602K	$539K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2968	+0.081%	$18.9M	$11.1M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2967	+0.034%	$114K	$321K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2967	+0.034%	$16.4M	$45.9M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2964	−0.067%	$62K	$8K	10x	as long as short
MEXC JUP_USDTshort	+0.0100%	4h	0.2966	0.000%	$7.4M	$7.0M	200x
KuCoin JUPUSDTMlong	+0.0100%	4h	0.2966	long leg	$4.0M	$6.6M	50x
Bitget JUPUSDT	+0.0100%	4h	0.2968	+0.067%	$5.8M	$6.5M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2967	+0.034%	—	$20.8M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2973	+0.233%	$984K	$235K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2962	−0.136%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2954	−0.405%	$157K	$302K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2968	+0.074%	$94K	$109K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2957	−0.303%	$112K	$49K	20x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2964	−0.062%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0112%	1h	0.2968	+0.054%	$26K	$19K	5x	as long as short
Phemex JUPUSDT	+0.0149%	4h	0.2971	+0.169%	$2.9M	$3.5M	50x	as long as short
Phoenix JUP	+0.0188%	1h	0.2970	+0.152%	$98K	$402K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0272%	1h	0.2967	+0.037%	$75K	$51K	50x	as long as short
Extended JUP-USD	+0.0384%	1h	0.2965	−0.044%	$2.2M	$484K	25x	as long as short