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: Binance against MEXC0.000%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$300.301% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days−0.014%−$1 · spread now 0.000%, 7d avg +0.004%

Together, before fees−0.014%−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC JUP_USDT	0.2951	0.0100	pay 0.0050% / 4h	4m 18s	$7.3M	$6.4M	200x
Short	Binance JUPUSDT	0.2951	0.0100	get 0.0050% / 4h	4m 18s	$16.2M	$40.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.004%: −$0.45
Slippage, 4 orders: −$20.09
Fee MEXC: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$30.54
Costs to cover: 0.301%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 8 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 MEXC live order book, 3 min ago	1.70 bp	5.7 bp −$6	17.8 bp −$178	95.8 bp −$9,584	244.8 bp −$122.4K
Sell Binance live order book, 8 min ago	1.69 bp	11.1 bp −$11	26.1 bp −$261	137.8 bp −$13.8K	doesn't fit

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	0.2920	−1.050%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2953	+0.065%	$16K	—	100x	as long as short
Pacifica JUP	−0.0125%	1h	0.2949	−0.082%	$281K	$146K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2953	+0.051%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2952	+0.041%	—	—	150x	as long as short
dYdX JUP-USD	+0.0008%	1h	0.2953	+0.053%	$39K	$24K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2951	−0.008%	—	—	20x	as long as short
Kraken Futures PF_JUPUSD	+0.0096%	1h	0.2954	+0.114%	$592K	$469K	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2957	+0.186%	$781K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0099%	8h	0.2948	−0.089%	$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	0.2949	−0.085%	$600K	$490K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2954	+0.105%	$18.6M	$9.4M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2951	0.000%	$110K	$287K	10x	as long as short
Binance JUPUSDTshort	+0.0100%	4h	0.2951	0.000%	$16.2M	$40.7M	75x
Bybit JUPUSDT	+0.0100%	4h	0.2948	−0.102%	$15.8M	$18.1M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2953	+0.068%	$4.0M	$11.4M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2949	−0.078%	$61K	−$0	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2949	−0.068%	$730K	$1.4M	75x	as long as short
MEXC JUP_USDTlong	+0.0100%	4h	0.2951	long leg	$7.3M	$6.4M	200x
KuCoin JUPUSDTM	+0.0100%	4h	0.2952	+0.034%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2951	0.000%	$5.8M	$5.5M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2950	−0.034%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2951	0.000%	$975K	$234K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2945	−0.204%	$719K	$625K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2953	+0.055%	$1.6M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2952	+0.034%	$157K	$251K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2957	+0.186%	$93K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2952	+0.034%	$30K	$41K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2946	−0.169%	$111K	$45K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2957	+0.203%	$2.9M	$3.1M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2952	+0.019%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0120%	1h	0.2950	−0.034%	$26K	$17K	5x	as long as short
Coinbase International JUP-PERP-INTX	+0.0208%	1h	0.2970	+0.647%	$75K	$50K	50x	as long as short
Extended JUP-USD	+0.0256%	1h	0.2951	−0.003%	$2.2M	$498K	25x	as long as short
Phoenix JUP	+0.0271%	1h	0.2951	+0.003%	$97K	$304K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2950	−0.034%	$835K	$375K	50x	as long as short