Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0156%/8h= +17.1% APRpaid last 24h +0.039%

Price spread now: Coinbase International against MEXC+0.101%7-day average — · you sell dearer than you buy

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

Long on MEXC Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.215%+$22 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 +$5 a day on $10k at the current rate, and Coinbase International is 0.101% dearer against MEXC than usual: you sell high and buy low: +$10 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	MEXC JUP_USDT	0.2975	0.0100	pay 0.0050% / 4h	8m 36s	$8.1M	$7.7M	200x
Short	Coinbase International JUP-PERP-INTX	0.2978	0.0256	get 0.0032% / 1h	8m 36s	$74K	$91K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.101%Rate

Funding earned: $32.76
Price spread: +0.101% → 0.000%: $10.08
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $32.84
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: MEXC: live order book, 4 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 MEXC live order book, 4 min ago	1.68 bp	4.1 bp −$4	12.5 bp −$125	85.2 bp −$8,524	242.3 bp −$121.1K
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	−0.4371%	1h	0.2938	−1.244%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2976	+0.022%	$16K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0209%	1h	0.2975	−0.003%	$600K	$591K	20x	as long as short
Pacifica JUP	−0.0199%	1h	0.2975	+0.009%	$283K	$165K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0086%	1h	0.2975	−0.010%	$56K	$14K	10x	as long as short
Bybit JUPUSDT	−0.0057%	4h	0.2972	−0.101%	$16.2M	$22.1M	50x	as long as short
01 Exchange JUPUSD	−0.0040%	1h	0.2973	−0.081%	$26K	$19K	5x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2975	−0.002%	$17K	—	150x	as long as short
Variational Omni JUP	+0.0044%	4h	0.2964	−0.384%	$718K	$777K	—	as long as short
dYdX JUP-USD	+0.0054%	1h	0.2976	+0.020%	$39K	$33K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate JUP_USDT	+0.0054%	4h	0.2973	−0.067%	$741K	$1.8M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0054%	4h	0.2971	−0.134%	$4.0M	$16.1M	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2972	−0.090%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0083%	8h	0.2974	−0.017%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2978	+0.101%	$796K	$1.4M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2975	0.000%	$31K	$48K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2981	+0.195%	$19.2M	$13.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2977	+0.054%	$115K	$357K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2975	+0.010%	$16.4M	$52.0M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2972	−0.101%	$62K	$9K	10x	as long as short
MEXC JUP_USDTlong	+0.0100%	4h	0.2975	long leg	$8.1M	$7.7M	200x
KuCoin JUPUSDTM	+0.0100%	4h	0.2976	+0.034%	$4.2M	$6.9M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2975	0.000%	$5.8M	$7.5M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2972	−0.101%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2975	−0.003%	$984K	$234K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2968	−0.234%	$1.6M	$3.7M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2967	−0.269%	$158K	$319K	50x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2971	−0.134%	$615K	$647K	10x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2981	+0.215%	$94K	$120K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2966	−0.303%	$111K	$62K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2976	+0.034%	$2.9M	$3.9M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2972	−0.101%	$41K	—	3x	as long as short
BloFin JUP-USDT	+0.0134%	4h	0.2973	−0.067%	$637K	$304K	50x	as long as short
Extended JUP-USD	+0.0152%	1h	0.2972	−0.095%	$2.2M	$507K	25x	as long as short
Phoenix JUP	+0.0162%	1h	0.2974	−0.047%	$97K	$479K	10x	as long as short
Coinbase International JUP-PERP-INTXshort	+0.0256%	1h	0.2978	+0.101%	$74K	$91K	50x