Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against MEXC+0.034%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$420.417% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 7 days−0.049%−$5 · spread now +0.034%, 7d avg −0.014%

Together, before fees−0.038%−$4 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: Bitget is 0.049% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC JUP_USDT	0.2904	0.0100	pay 0.0050% / 4h	2h 31m	$6.9M	$6.1M	200x
Short	Bitget JUPUSDT	0.2905	0.0100	get 0.0050% / 4h	2h 31m	$5.7M	$5.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.034%Rate

Funding earned: $0
Price spread: +0.034% → −0.014%: $4.88
Slippage, 4 orders: −$29.7
Fee MEXC: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$36.82
Costs to cover: 0.417%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Bitget: live order book, 1 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, 1 min ago	5.16 bp	7.9 bp −$8	16.5 bp −$165	90.0 bp −$9,004	238.0 bp −$119.0K
Sell Bitget live order book, 1 min ago	3.43 bp	15.3 bp −$15	31.6 bp −$316	doesn't fit	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	−0.4499%	1h	0.2910	+0.207%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2909	+0.160%	$16K	—	100x	as long as short
Pacifica JUP	−0.0230%	1h	0.2911	+0.232%	$277K	$145K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2908	+0.141%	$52K	$17K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2910	+0.199%	—	—	150x	as long as short
dYdX JUP-USD	+0.0015%	1h	0.2910	+0.192%	$38K	$20K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2909	+0.157%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2910	+0.203%	$767K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0100%	8h	0.2911	+0.230%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2912	+0.267%	$577K	$492K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid JUP	+0.0100%	1h	0.2909	+0.189%	$18.3M	$8.7M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2905	+0.037%	$107K	$276K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2905	+0.034%	$15.9M	$39.3M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2902	−0.069%	$15.6M	$17.8M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2904	0.000%	$4.0M	$10.7M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2909	+0.188%	$61K	−$0	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2904	0.000%	$713K	$1.4M	75x	as long as short
MEXC JUP_USDTlong	+0.0100%	4h	0.2904	long leg	$6.9M	$6.1M	200x
KuCoin JUPUSDTM	+0.0100%	4h	0.2907	+0.103%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDTshort	+0.0100%	4h	0.2905	+0.034%	$5.7M	$5.2M	75x
BingX JUP-USDT	+0.0100%	4h	0.2903	−0.034%	—	$20.6M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2908	+0.145%	$961K	$189K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2917	+0.449%	$712K	$625K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2919	+0.526%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2923	+0.654%	$161K	$255K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2913	+0.324%	$92K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2910	+0.207%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2901	−0.103%	$109K	$44K	20x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2905	+0.036%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0128%	1h	0.2912	+0.282%	$26K	$10K	5x	as long as short
Phemex JUPUSDT	+0.0157%	4h	0.2910	+0.207%	$2.8M	$3.0M	50x	as long as short
Extended JUP-USD	+0.0176%	1h	0.2904	+0.016%	$2.2M	$524K	25x	as long as short
Kraken Futures PF_JUPUSD	+0.0260%	1h	0.2909	+0.157%	$577K	$460K	20x	as long as short
Phoenix JUP	+0.0271%	1h	0.2921	+0.582%	$99K	$280K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0280%	1h	0.2968	+2.197%	$75K	$49K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2907	+0.103%	$826K	$375K	50x	as long as short