Funding you earn now, next payment 00:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against BloFin+0.135%66s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$380.385% of the position
Funding, last 7 days−0.303%−$30 on $10k
+Price spread, last 3 days (all we have)−0.303%−$30 · spread now +0.135%, 7d avg −0.021%
=The price spread pays, funding is against you. BingX is 0.156% dearer against BloFin than usual: you sell high and buy low (spread +0.135% now, against its 7-day average of −0.021%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 29 days. At the pace of the last 7 days (−0.303% in total) that is about 3.6 days. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin JUP-USDT | 0.2956 | 0.0118 | pay 0.0059% / 4h | 2h 10m | $856K | $332K | 50x |
| Short | BingX JUP-USDT | 0.2960 | 0.0100 | get 0.0050% / 4h | 2h 10m | — | $20.9M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.82
- Price spread: +0.135% → −0.021%
- $15.59
- Slippage, 4 orders
- −$16.46
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$26.68
- Costs to cover
- 0.385%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 12 min ago; BingX: live order book, 13 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 BloFin live order book, 12 min ago | 1.68 bp | 13.5 bp −$14 | 23.6 bp −$236 | 121.7 bp −$12.2K | doesn't fit |
| Sell BingX live order book, 13 min ago | 1.68 bp | 6.7 bp −$7 | 8.8 bp −$88 | 19.2 bp −$1,920 | 64.6 bp −$32.3K |
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 | −0.5000% | 1h | 0.2934 | −0.744% | $3K | $206K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0894% / S +0.0334% | 1h | 0.2963 | +0.238% | $13K | — | 100x | as long as short |
| Bybit JUPUSDT | −0.0129% | 4h | 0.2958 | +0.061% | $16.2M | $24.0M | 50x | as long as short |
| Deribit JUP_USDC-PERPETUAL | −0.0087% | 1h | 0.2963 | +0.223% | $56K | $14K | 10x | as long as short |
| Gate JUP_USDT | −0.0010% | 4h | 0.2958 | +0.068% | $736K | $2.0M | 75x | as long as short |
| Phoenix JUP | 0.0000% | 1h | 0.2977 | +0.694% | $95K | $447K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0002% / S −0.0001% | 1h | 0.2963 | +0.226% | $17K | — | 150x | as long as short |
| 01 Exchange JUPUSD | +0.0008% | 1h | 0.2961 | +0.173% | $26K | $19K | 5x | as long as short |
| Kraken Futures PF_JUPUSD | +0.0009% | 1h | 0.2962 | +0.207% | $601K | $624K | 20x | as long as short |
| dYdX JUP-USD | +0.0024% | 1h | 0.2961 | +0.161% | $39K | $36K | 5x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2961 | +0.156% | — | — | 20x | as long as short |
| Paradex JUP-USD-PERP | +0.0086% | 8h | 0.2961 | +0.181% | $9K | $15K | 10x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2964 | +0.264% | $836K | $1.3M | 10x | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.2956 | +0.014% | $723K | $1.2M | — | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2960 | +0.152% | $597K | $668K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2966 | +0.332% | $19.0M | $14.0M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2963 | +0.223% | $106K | $367K | 10x | as long as short |
| Pacifica JUP | +0.0100% | 1h | 0.2962 | +0.191% | $282K | $181K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2962 | +0.195% | $16.4M | $56.2M | 75x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2959 | +0.101% | $4.1M | $16.7M | 50x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2962 | +0.203% | $8.0M | $8.1M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2962 | +0.203% | $4.5M | $7.2M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2960 | +0.135% | $5.7M | $8.5M | 75x | as long as short |
| BingX JUP-USDTshort | +0.0100% | 4h | 0.2960 | +0.135% | — | $20.9M | — | |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2963 | +0.223% | $980K | $266K | 10x | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2961 | +0.169% | $1.6M | $4.2M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2972 | +0.541% | $158K | $319K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2968 | +0.403% | $94K | $139K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2963 | +0.237% | $31K | $51K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2955 | −0.034% | $111K | $69K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2967 | +0.372% | $2.9M | $4.1M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2957 | +0.051% | $57K | $3K | 10x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2957 | +0.043% | $40K | — | 3x | as long as short |
| BloFin JUP-USDTlong | +0.0118% | 4h | 0.2956 | long leg | $856K | $332K | 50x | |
| Extended JUP-USD | +0.0208% | 1h | 0.2960 | +0.124% | $2.2M | $539K | 25x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0248% | 1h | 0.2989 | +1.133% | $74K | $95K | 50x | as long as short |
BloFin JUP-USDT
BingX JUP-USDT
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
Bybit JUPUSDT
Deribit JUP_USDC-PERPETUAL
Gate JUP_USDT
Phoenix JUP
gTrade (Gains Network) JUP/USD
01 Exchange JUPUSD
Kraken Futures PF_JUPUSD
Paradex JUP-USD-PERP
Lighter JUP
Variational Omni JUP
Hyperliquid JUP
Aster JUPUSDT
Pacifica JUP
Binance JUPUSDT
OKX JUP-USDT-SWAP
MEXC JUP_USDT
KuCoin JUPUSDTM
Bitget JUPUSDT
Backpack JUP_USDC_PERP
GRVT JUP_USDT_Perp
ApeX Omni JUPUSDT
Polymarket Perps JUP-USD
HTX JUP-USDT
Phemex JUPUSDT
Bulk JUP-USD
Extended JUP-USD
Coinbase International JUP-PERP-INTX