Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0198%/8h= +21.7% APRpaid last 24h +0.007%

Price spread now: Aevo against Bybit+0.186%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aevo is 0.186% dearer against Bybit than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit JUPUSDT	0.2954	−0.0094	get 0.0047% / 4h	3h 54m	$15.9M	$17.9M	50x
Short	Aevo JUP-PERP	0.2959	0.0104	get 0.0013% / 1h	54m 17s	$40K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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 BybitbpFee AevobpOrdersPrice spread, now +0.186%Rate

Funding earned: $41.58
Price spread: +0.186% → 0.000%: $18.58
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aevo: 8 bp × 2 orders: −$16
Net: $33.16
Costs to cover: 0.270%
Break-even: 1.4 days

Slippage unknown: Bybit: live order book, 4 min ago; Aevo: no order-book sample. 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 Bybit live order book, 4 min ago	1.70 bp	14.5 bp −$15	42.2 bp −$422	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.5000%	1h	0.2921	−1.117%	$3K	$206K	5.5x	as long as short
Backpack JUP_USDC_PERP	−0.0304%	1h	0.2963	+0.301%	$979K	$233K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2959	+0.180%	$16K	—	100x	as long as short
Pacifica JUP	−0.0183%	1h	0.2960	+0.217%	$282K	$146K	10x	as long as short
Bybit JUPUSDTlong	−0.0094%	4h	0.2954	long leg	$15.9M	$17.9M	50x
Deribit JUP_USDC-PERPETUAL	−0.0021%	1h	0.2957	+0.091%	$54K	$16K	10x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2959	+0.185%	$39K	$22K	5x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2960	+0.195%	—	—	150x	as long as short
01 Exchange JUPUSD	+0.0056%	1h	0.2963	+0.308%	$26K	$17K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2957	+0.102%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter JUP	+0.0096%	1h	0.2959	+0.166%	$782K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0099%	8h	0.2962	+0.269%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2957	+0.102%	$602K	$486K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2960	+0.213%	$18.6M	$9.2M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2962	+0.269%	$110K	$287K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2958	+0.144%	$16.2M	$40.3M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2955	+0.034%	$4.0M	$11.3M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2960	+0.216%	$62K	−$0	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2957	+0.102%	$734K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2959	+0.169%	$7.3M	$6.2M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2961	+0.237%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2958	+0.135%	$5.8M	$5.4M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2957	+0.102%	—	$20.7M	—	as long as short
Variational Omni JUP	+0.0100%	4h	0.2947	−0.237%	$719K	$625K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2951	−0.093%	$1.6M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2948	−0.203%	$156K	$251K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2962	+0.274%	$94K	$105K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2956	+0.068%	$30K	$41K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2950	−0.135%	$111K	$45K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2959	+0.169%	$2.9M	$3.1M	50x	as long as short
Aevo JUP-PERPshort	+0.0104%	1h	0.2959	+0.186%	$40K	—	3x
Kraken Futures PF_JUPUSD	+0.0177%	1h	0.2958	+0.135%	$593K	$467K	20x	as long as short
Extended JUP-USD	+0.0208%	1h	0.2954	+0.006%	$2.2M	$494K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0240%	1h	0.2964	+0.335%	$75K	$50K	50x	as long as short
Phoenix JUP	+0.0271%	1h	0.2955	+0.044%	$97K	$283K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2961	+0.237%	$838K	$376K	50x	as long as short