Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0164%/8h= +18.0% APRpaid last 24h −0.270%

Price spread now: KuCoin against 01 Exchange0.000%7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange JUPUSD	0.3009	−0.0064	get 0.0008% / 1h	17m 06s	$27K	$19K	5x
Short	KuCoin JUPUSDTM	0.3009	0.0100	get 0.0050% / 4h	3h 17m	$4.1M	$6.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against 01 Exchange. 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 01 ExchangebpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $34.44
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $15.44
Costs to cover: 0.190%
Break-even: 3.9 days

Slippage unknown: 01 Exchange: no order-book sample; KuCoin: live order book, 1 min ago. 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 01 Exchange no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 1 min ago	3.32 bp	31.2 bp −$31	98.5 bp −$985	doesn't fit	doesn't fit

01 Exchange: 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	−0.4634%	1h	0.2973	−1.196%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0356%	1h	0.3009	−0.015%	$287K	$148K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0210% / S +0.0573%	1h	0.3008	−0.022%	$17K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0101%	1h	0.3010	+0.019%	$606K	$526K	20x	as long as short
01 Exchange JUPUSDlong	−0.0064%	1h	0.3009	long leg	$27K	$19K	5x
Deribit JUP_USDC-PERPETUAL	−0.0049%	1h	0.3008	−0.033%	$55K	$16K	10x	as long as short
OKX JUP-USDT-SWAP	−0.0022%	4h	0.3009	0.000%	$4.1M	$15.7M	50x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.3009	+0.012%	$1K	—	150x	as long as short
dYdX JUP-USD	+0.0035%	1h	0.3007	−0.082%	$39K	$32K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.3006	−0.107%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex JUP-USD-PERP	+0.0077%	8h	0.3007	−0.082%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.3010	+0.020%	$755K	$1.3M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.3009	0.000%	$32K	$45K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.3006	−0.083%	$623K	$627K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.3013	+0.120%	$19.4M	$11.7M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.3009	−0.006%	$116K	$329K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.3010	+0.024%	$16.6M	$48.9M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.3010	+0.033%	$16.5M	$20.6M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.3001	−0.266%	$62K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.3009	0.000%	$753K	$1.6M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.3007	−0.066%	$7.9M	$7.3M	200x	as long as short
KuCoin JUPUSDTMshort	+0.0100%	4h	0.3009	0.000%	$4.1M	$6.8M	50x
Bitget JUPUSDT	+0.0100%	4h	0.3008	−0.033%	$5.9M	$6.8M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.3007	−0.066%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.3008	−0.020%	$996K	$229K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.3002	−0.232%	$727K	$770K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.3005	−0.121%	$1.7M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.3004	−0.166%	$160K	$308K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.3011	+0.073%	$95K	$111K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.3001	−0.266%	$113K	$54K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.3014	+0.166%	$3.0M	$3.7M	50x	as long as short
Extended JUP-USD	+0.0104%	1h	0.3005	−0.121%	$2.2M	$488K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.3009	−0.015%	$41K	—	3x	as long as short
Phoenix JUP	+0.0214%	1h	0.3006	−0.093%	$98K	$469K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0280%	1h	0.3014	+0.163%	$75K	$61K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.3005	−0.133%	$853K	$346K	50x	as long as short