Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.038%
Price spread now: Gate against BloFin−0.102%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$760.759% of the position
Funding, last 7 days−0.400%−$40 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now −0.102%, 7d avg −0.029%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.073% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.029%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin JUP-USDT | 0.2948 | 0.0340 | pay 0.0170% / 4h | 3h 02m | $829K | $378K | 50x |
| Short | Gate JUP_USDT | 0.2945 | 0.0100 | get 0.0050% / 4h | 3h 02m | $732K | $1.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$50.4
- Price spread: −0.102% → −0.029%
- −$7.27
- Slippage, 4 orders
- −$48.87
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$133.54
- Costs to cover
- 0.759%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 29 min ago; Gate: live order book, 5 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, 29 min ago | 1.68 bp | 7.7 bp −$8 | 13.9 bp −$139 | 126.3 bp −$12.6K | doesn't fit |
| Sell Gate live order book, 5 min ago | 5.08 bp | 25.3 bp −$25 | 80.7 bp −$807 | 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 | −0.5000% | 1h | 0.2918 | −1.018% | $3K | $206K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0275% / S +0.0618% | 1h | 0.2947 | −0.030% | $16K | — | 100x | as long as short |
| Pacifica JUP | −0.0183% | 1h | 0.2945 | −0.105% | $281K | $146K | 10x | as long as short |
| dYdX JUP-USD | 0.0000% | 1h | 0.2946 | −0.051% | $38K | $21K | 5x | as long as short |
| Deribit JUP_USDC-PERPETUAL | 0.0000% | 1h | 0.2948 | −0.010% | $54K | $16K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0001% / S −0.0001% | 1h | 0.2946 | −0.057% | — | — | 150x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2947 | −0.042% | — | — | 20x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2948 | +0.010% | $777K | $1.0M | 10x | as long as short |
| Paradex JUP-USD-PERP | +0.0100% | 8h | 0.2946 | −0.068% | $9K | $11K | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2947 | −0.042% | $594K | $487K | 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 | 0.2947 | −0.034% | $18.5M | $8.9M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2947 | −0.043% | $110K | $273K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2946 | −0.084% | $16.1M | $39.5M | 75x | as long as short |
| Bybit JUPUSDT | +0.0100% | 4h | 0.2943 | −0.176% | $15.9M | $17.7M | 50x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2945 | −0.102% | $4.1M | $11.0M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2955 | +0.237% | $61K | −$0 | 10x | as long as short |
| Gate JUP_USDTshort | +0.0100% | 4h | 0.2945 | −0.102% | $732K | $1.4M | 75x | |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2947 | −0.034% | $7.3M | $6.2M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2947 | −0.034% | $4.0M | $6.6M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2945 | −0.102% | $5.8M | $5.3M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2945 | −0.102% | — | $20.7M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2947 | −0.041% | $973K | $187K | 10x | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.2951 | +0.101% | $721K | $625K | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2951 | +0.102% | $1.6M | $3.9M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2950 | +0.068% | $163K | $254K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2952 | +0.132% | $93K | $105K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2946 | −0.068% | $30K | $41K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2939 | −0.305% | $110K | $44K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2952 | +0.136% | $2.9M | $3.0M | 50x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2945 | −0.102% | $40K | — | 3x | as long as short |
| 01 Exchange JUPUSD | +0.0128% | 1h | 0.2949 | +0.037% | $26K | $17K | 5x | as long as short |
| Extended JUP-USD | +0.0176% | 1h | 0.2946 | −0.077% | $2.2M | $506K | 25x | as long as short |
| Kraken Futures PF_JUPUSD | +0.0178% | 1h | 0.2948 | −0.007% | $585K | $470K | 20x | as long as short |
| Phoenix JUP | +0.0216% | 1h | 0.2958 | +0.343% | $97K | $283K | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0240% | 1h | 0.2968 | +0.672% | $75K | $50K | 50x | as long as short |
| BloFin JUP-USDTlong | +0.0340% | 4h | 0.2948 | long leg | $829K | $378K | 50x |
BloFin JUP-USDT
Gate JUP_USDT
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
Pacifica JUP
Deribit JUP_USDC-PERPETUAL
gTrade (Gains Network) JUP/USD
Lighter JUP
Paradex JUP-USD-PERP
Hyperliquid JUP
Aster JUPUSDT
Binance JUPUSDT
Bybit JUPUSDT
OKX JUP-USDT-SWAP
Bulk JUP-USD
MEXC JUP_USDT
KuCoin JUPUSDTM
Bitget JUPUSDT
BingX JUP-USDT
Backpack JUP_USDC_PERP
Variational Omni JUP
GRVT JUP_USDT_Perp
ApeX Omni JUPUSDT
Polymarket Perps JUP-USD
HTX JUP-USDT
Phemex JUPUSDT
01 Exchange JUPUSD
Extended JUP-USD
Kraken Futures PF_JUPUSD
Phoenix JUP
Coinbase International JUP-PERP-INTX