Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%

Price spread now: MEXC against OKX0.000%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$420.419% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 7 days−0.070%−$7 · spread now 0.000%, 7d avg +0.021%

Together, before fees−0.053%−$5 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 0.021% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX JUP-USDT-SWAP	0.2972	0.0100	pay 0.0050% / 4h	57m 57s	$4.0M	$16.5M	50x
Short	MEXC JUP_USDT	0.2972	0.0100	get 0.0050% / 4h	57m 57s	$8.1M	$7.7M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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 OKXbpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.021%: −$2.07
Slippage, 4 orders: −$31.85
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$43.92
Costs to cover: 0.419%
Break-even: never at this rate

Slippage from OKX: live order book, just now; MEXC: live order book, 5 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 OKX live order book, just now	1.68 bp	15.5 bp −$15	60.1 bp −$601	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.69 bp	9.0 bp −$9	20.0 bp −$200	91.2 bp −$9,115	248.7 bp −$124.3K

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	0.2935	−1.245%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0398% / S +0.0663%	1h	0.2973	+0.048%	$15K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0209%	1h	0.2973	+0.028%	$603K	$618K	20x	as long as short
Pacifica JUP	−0.0199%	1h	0.2971	−0.023%	$283K	$169K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2974	+0.071%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2973	+0.033%	$17K	—	150x	as long as short
Gate JUP_USDT	+0.0038%	4h	0.2970	−0.067%	$749K	$1.8M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2970	−0.073%	—	—	20x	as long as short
Bybit JUPUSDT	+0.0067%	4h	0.2970	−0.074%	$16.3M	$23.0M	50x	as long as short
Paradex JUP-USD-PERP	+0.0079%	8h	0.2971	−0.034%	$9K	$13K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin JUP-USDT	+0.0080%	4h	0.2971	−0.034%	$846K	$328K	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2975	+0.104%	$797K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2969	−0.084%	$613K	$669K	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2973	+0.047%	$107K	$356K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2972	+0.012%	$16.4M	$54.0M	75x	as long as short
OKX JUP-USDT-SWAPlong	+0.0100%	4h	0.2972	long leg	$4.0M	$16.5M	50x
MEXC JUP_USDTshort	+0.0100%	4h	0.2972	0.000%	$8.1M	$7.7M	200x
KuCoin JUPUSDTM	+0.0100%	4h	0.2974	+0.067%	$4.3M	$7.0M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2971	−0.034%	$5.7M	$8.1M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2971	−0.034%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2974	+0.064%	$984K	$252K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2961	−0.367%	$715K	$1.0M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2966	−0.202%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2960	−0.404%	$157K	$320K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2977	+0.178%	$94K	$130K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2973	+0.034%	$31K	$49K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2965	−0.236%	$111K	$67K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2975	+0.101%	$2.9M	$4.0M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2966	−0.202%	$58K	$2K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2972	−0.013%	$41K	—	3x	as long as short
01 Exchange JUPUSD	+0.0120%	1h	0.2974	+0.067%	$26K	$19K	5x	as long as short
Hyperliquid JUP	+0.0151%	1h	0.2978	+0.205%	$19.1M	$13.3M	10x	as long as short
Phoenix JUP	+0.0190%	1h	0.2969	−0.101%	$96K	$440K	10x	as long as short
Extended JUP-USD	+0.0208%	1h	0.2970	−0.062%	$2.2M	$505K	25x	as long as short
dYdX JUP-USD	+0.0219%	1h	0.2973	+0.019%	$39K	$35K	5x	as long as short
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.2972	+0.007%	$74K	$94K	50x	as long as short