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: KuCoin against MEXC+0.068%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$900.903% of the position

Long on MEXC Short on KuCoin

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−0.061%−$6 · spread now +0.068%, 7d avg +0.047%

Together, before fees−0.087%−$9 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: KuCoin is 0.020% dearer against MEXC than usual: you sell high and buy low, +$2 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	MEXC JUP_USDT	0.2948	0.0100	pay 0.0050% / 4h	3h 56m	$7.3M	$6.2M	200x
Short	KuCoin JUPUSDTM	0.2950	0.0100	get 0.0050% / 4h	3h 56m	$4.0M	$6.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.068%Rate

Funding earned: $0
Price spread: +0.068% → +0.047%: $2.04
Slippage, 4 orders: −$78.3
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$88.26
Costs to cover: 0.903%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; KuCoin: 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	1.70 bp	5.2 bp −$5	19.5 bp −$195	97.2 bp −$9,719	248.6 bp −$124.3K
Sell KuCoin live order book, 1 min ago	6.78 bp	28.4 bp −$28	119.0 bp −$1,190	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	−0.5000%	1h	0.2921	−0.916%	$3K	$206K	5.5x	as long as short
Backpack JUP_USDC_PERP	−0.0461%	1h	0.2950	+0.075%	$975K	$233K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2951	+0.094%	$16K	—	100x	as long as short
Pacifica JUP	−0.0183%	1h	0.2949	+0.028%	$281K	$146K	10x	as long as short
Bybit JUPUSDT	−0.0152%	4h	0.2945	−0.102%	$15.8M	$17.9M	50x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2951	+0.116%	$39K	$23K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2950	+0.078%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2952	+0.124%	—	—	150x	as long as short
01 Exchange JUPUSD	+0.0024%	1h	0.2949	+0.044%	$26K	$17K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2948	+0.009%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter JUP	+0.0096%	1h	0.2953	+0.176%	$780K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0099%	8h	0.2947	−0.043%	$9K	$11K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2953	+0.180%	$18.6M	$9.4M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2951	+0.102%	$110K	$287K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2949	+0.046%	$16.2M	$40.3M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2947	−0.034%	$4.0M	$11.3M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2949	+0.023%	$61K	−$0	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2949	+0.034%	$731K	$1.4M	75x	as long as short
MEXC JUP_USDTlong	+0.0100%	4h	0.2948	long leg	$7.3M	$6.2M	200x
KuCoin JUPUSDTMshort	+0.0100%	4h	0.2950	+0.068%	$4.0M	$6.6M	50x
Bitget JUPUSDT	+0.0100%	4h	0.2950	+0.068%	$5.8M	$5.4M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2947	−0.034%	—	$20.7M	—	as long as short
Variational Omni JUP	+0.0100%	4h	0.2959	+0.389%	$723K	$625K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2955	+0.237%	$1.6M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2956	+0.271%	$157K	$250K	50x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2950	+0.068%	$600K	$485K	10x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2954	+0.204%	$93K	$105K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2951	+0.102%	$30K	$41K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2945	−0.102%	$111K	$45K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2954	+0.204%	$2.9M	$3.1M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2948	+0.004%	$40K	—	3x	as long as short
Kraken Futures PF_JUPUSD	+0.0178%	1h	0.2952	+0.123%	$591K	$468K	20x	as long as short
Extended JUP-USD	+0.0216%	1h	0.2946	−0.069%	$2.2M	$498K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0240%	1h	0.2970	+0.750%	$75K	$50K	50x	as long as short
Phoenix JUP	+0.0271%	1h	0.2955	+0.248%	$97K	$283K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2950	+0.068%	$835K	$374K	50x	as long as short