Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against BingX0.000%7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$830.829% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 7 days0.000%$0 · spread now 0.000%, 7d avg +0.059%

Together, before fees−0.058%−$6 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 0.059% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX JUP-USDT	0.2932	0.0100	pay 0.0050% / 4h	3h 33m	—	$20.5M	—
Short	KuCoin JUPUSDTM	0.2932	0.0100	get 0.0050% / 4h	3h 33m	$4.0M	$6.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.059%: −$5.9
Slippage, 4 orders: −$60.95
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$88.84
Costs to cover: 0.829%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; KuCoin: live order book, 4 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 BingX live order book, 5 min ago	1.70 bp	9.6 bp −$10	11.5 bp −$115	20.1 bp −$2,006	131.4 bp −$65.7K
Sell KuCoin live order book, 4 min ago	5.09 bp	33.3 bp −$33	100.5 bp −$1,005	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	−0.3798%	1h	0.2898	−1.160%	$3K	$205K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0340% / S +0.0664%	1h	0.2939	+0.244%	$16K	—	100x	as long as short
Bybit JUPUSDT	−0.0100%	4h	0.2929	−0.102%	$15.9M	$17.1M	50x	as long as short
Pacifica JUP	−0.0070%	1h	0.2931	−0.021%	$279K	$138K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2946	+0.484%	$53K	$17K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2940	+0.282%	$16K	—	150x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2937	+0.163%	—	—	20x	as long as short
dYdX JUP-USD	+0.0085%	1h	0.2934	+0.077%	$39K	$16K	5x	as long as short
Lighter JUP	+0.0096%	1h	0.2935	+0.109%	$758K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0099%	8h	0.2931	−0.050%	$9K	$11K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado JUP-PERP	+0.0100%	1h	0.2931	−0.026%	$577K	$489K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2935	+0.106%	$18.1M	$8.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2935	+0.094%	$101K	$300K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2930	−0.065%	$16.0M	$38.5M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2931	−0.034%	$4.0M	$10.1M	50x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2932	0.000%	$696K	$1.3M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2932	0.000%	$7.9M	$5.6M	200x	as long as short
KuCoin JUPUSDTMshort	+0.0100%	4h	0.2932	0.000%	$4.0M	$6.8M	50x
Bitget JUPUSDT	+0.0100%	4h	0.2931	−0.034%	$5.8M	$4.9M	75x	as long as short
BingX JUP-USDTlong	+0.0100%	4h	0.2932	long leg	—	$20.5M	—
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2942	+0.334%	$977K	$222K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2940	+0.256%	$715K	$527K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2942	+0.341%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2948	+0.546%	$163K	$250K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2933	+0.034%	$92K	$105K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2945	+0.443%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2937	+0.171%	$113K	$47K	20x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2946	+0.468%	$61K	$2K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2943	+0.383%	$40K	—	3x	as long as short
Extended JUP-USD	+0.0168%	1h	0.2930	−0.077%	$2.2M	$576K	25x	as long as short
01 Exchange JUPUSD	+0.0232%	1h	0.2933	+0.024%	$26K	$2K	5x	as long as short
Phemex JUPUSDT	+0.0248%	4h	0.2947	+0.512%	$2.9M	$2.9M	50x	as long as short
Phoenix JUP	+0.0272%	1h	0.2943	+0.382%	$107K	$275K	10x	as long as short
Kraken Futures PF_JUPUSD	+0.0278%	1h	0.2946	+0.474%	$581K	$412K	20x	as long as short
Coinbase International JUP-PERP-INTX	+0.0320%	1h	0.2957	+0.836%	$75K	$49K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2944	+0.409%	$820K	$376K	50x	as long as short