Settings8H · net · $10k
Funding arb · Price arb /

JUP

all JUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.07 per $10,000 · paid last 24h +0.032%
Price spread now: Coinbase International against Phoenix+0.082%72s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.121%+$12 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.082% dearer against Phoenix than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix JUP0.29380.0244pay 0.0031% / 1h8m 06s$98K$285K10x
ShortCoinbase International JUP-PERP-INTX0.29400.0304get 0.0038% / 1h8m 06s$74K$48K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Phoenix. 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

Funding earned
$12.6
Price spread: +0.082% → 0.000%
$8.17
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$3.76
Costs to cover
0.170%
Break-even
4.9 days
Slippage unknown: Phoenix: live order book, 33 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
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 33 min ago2.56 bp14.2 bp −$1429.2 bp −$292doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective JUP/USDC PERP−0.5000%1h0.2906−1.093%$3K$206K5.5xas long as short
GMX JUP/USD [WBTC.b-USDC]L −0.0275% / S +0.0618%1h0.2935−0.094%$16K100xas long as short
Pacifica JUP−0.0041%1h0.2935−0.112%$280K$138K10xas long as short
gTrade (Gains Network) JUP/USDL +0.0001% / S −0.0001%1h0.2935−0.097%150xas long as short
Deribit JUP_USDC-PERPETUAL+0.0023%1h0.2936−0.065%$53K$17K10xas long as short
dYdX JUP-USD+0.0035%1h0.2935−0.091%$39K$16K5xas long as short
Reya JUPRUSDPERP+0.0057%1h0.2935−0.105%20xas long as short
Lighter JUP+0.0096%1h0.2938−0.014%$760K$1.0M10xas long as short
Paradex JUP-USD-PERP+0.0100%8h0.2934−0.127%$9K$11K10xas long as short
Nado JUP-PERP+0.0100%1h0.2935−0.114%$572K$490K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid JUP+0.0100%1h0.2937−0.048%$18.1M$8.9M10xas long as short
Aster JUPUSDT+0.0100%4h0.2935−0.093%$106K$280K10xas long as short
Binance JUPUSDT+0.0100%4h0.2935−0.106%$16.1M$39.0M75xas long as short
Bybit JUPUSDT+0.0100%4h0.2933−0.174%$15.9M$17.4M50xas long as short
OKX JUP-USDT-SWAP+0.0100%4h0.2935−0.106%$4.1M$10.4M50xas long as short
Gate JUP_USDT+0.0100%4h0.2936−0.071%$701K$1.4M75xas long as short
MEXC JUP_USDT+0.0100%4h0.2935−0.106%$6.7M$5.7M200xas long as short
KuCoin JUPUSDTM+0.0100%4h0.2936−0.071%$4.0M$6.6M50xas long as short
Bitget JUPUSDT+0.0100%4h0.2936−0.071%$5.8M$5.0M75xas long as short
BingX JUP-USDT+0.0100%4h0.2935−0.106%$20.5Mas long as short
Backpack JUP_USDC_PERP+0.0100%1h0.2935−0.092%$971K$227K10xas long as short
Variational Omni JUP+0.0100%4h0.2931−0.243%$710K$531Kas long as short
GRVT JUP_USDT_Perp+0.0100%4h0.2936−0.067%$1.6M$4.1M10xas long as short
ApeX Omni JUPUSDT+0.0100%1h0.2934−0.140%$162K$254K50xas long as short
Polymarket Perps JUP-USD+0.0100%1h0.2936−0.058%$92K$105K10xas long as short
Orderly PERP_JUP_USDC+0.0100%4h0.2936−0.071%$33K$29K10xas long as short
HTX JUP-USDT+0.0100%4h0.2929−0.310%$110K$43K20xas long as short
Bulk JUP-USD+0.0100%1h0.2934−0.123%$61K$2K10xas long as short
Aevo JUP-PERP+0.0104%1h0.2934−0.128%$40K3xas long as short
01 Exchange JUPUSD+0.0208%1h0.2936−0.068%$26K$6K5xas long as short
Phoenix JUPlong+0.0244%1h0.2938long leg$98K$285K10x
Coinbase International JUP-PERP-INTXshort+0.0304%1h0.2940+0.082%$74K$48K50x
Extended JUP-USD+0.0320%1h0.2935−0.116%$2.2M$572K25xas long as short
BloFin JUP-USDT+0.0340%4h0.2938−0.003%$823K$374K50xas long as short
Kraken Futures PF_JUPUSD+0.0375%1h0.2937−0.032%$579K$418K20xas long as short
Phemex JUPUSDT+0.0497%4h0.2940+0.065%$2.9M$3.0M50xas long as short