Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h +0.007%

Price spread now: MEXC against 01 Exchange+0.007%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 MEXC

What this pair did over the last

the charts below follow

Funding, last 4 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: −$1 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	0.2902	0.0136	pay 0.0017% / 1h	24m 05s	$26K	$3K	5x
Short	MEXC JUP_USDT	0.2902	0.0100	get 0.0050% / 4h	24m 05s	$6.8M	$5.5M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.007%Rate

Funding earned: −$7.56
Price spread: +0.007% → 0.000%: $0.69
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee MEXC: 0 bp × 2 orders: $0
Net: −$13.87
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago	3.43 bp	4.7 bp −$5	16.2 bp −$162	107.6 bp −$10.8K	252.3 bp −$126.2K

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	−0.3836%	1h	0.2880	−0.751%	$3K	$207K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2903	+0.050%	$16K	—	100x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0060%	1h	0.2903	+0.031%	$52K	$17K	10x	as long as short
Pacifica JUP	−0.0058%	1h	0.2903	+0.039%	$277K	$138K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2904	+0.067%	—	—	150x	as long as short
dYdX JUP-USD	+0.0022%	1h	0.2904	+0.091%	$38K	$15K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2901	−0.021%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2905	+0.124%	$752K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0097%	8h	0.2902	−0.010%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2902	+0.024%	$571K	$493K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid JUP	+0.0100%	1h	0.2905	+0.114%	$17.9M	$8.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2905	+0.095%	$98K	$296K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2901	−0.017%	$15.9M	$38.9M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2900	−0.062%	$15.7M	$17.4M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2903	+0.041%	$4.0M	$10.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2909	+0.241%	$60K	$2K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2901	−0.028%	$692K	$1.4M	75x	as long as short
MEXC JUP_USDTshort	+0.0100%	4h	0.2902	+0.007%	$6.8M	$5.5M	200x
KuCoin JUPUSDTM	+0.0100%	4h	0.2904	+0.076%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2904	+0.076%	$5.7M	$4.9M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2903	+0.041%	—	$20.5M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2903	+0.034%	$960K	$223K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2904	+0.092%	$705K	$528K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2913	+0.386%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2909	+0.248%	$160K	$254K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2905	+0.114%	$91K	$106K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2903	+0.041%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2896	−0.200%	$109K	$42K	20x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2901	−0.028%	$2.2M	$579K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2902	−0.001%	$40K	—	3x	as long as short
01 Exchange JUPUSDlong	+0.0136%	1h	0.2902	long leg	$26K	$3K	5x
Coinbase International JUP-PERP-INTX	+0.0320%	1h	0.2927	+0.855%	$74K	$49K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2908	+0.214%	$817K	$369K	50x	as long as short
Phoenix JUP	+0.0355%	1h	0.2913	+0.369%	$105K	$284K	10x	as long as short
Phemex JUPUSDT	+0.0357%	4h	0.2907	+0.179%	$2.8M	$3.0M	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0417%	1h	0.2905	+0.099%	$572K	$418K	20x	as long as short