Funding you earn now, next payment 12:00 UTC+0.0141%/8h= +15.5% APRnext payment +$0.71 per $10,000 · paid last 24h +0.006%
Price spread now: KuCoin against Bybit0.000%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1041.042% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 7 days−0.007%−$1 · spread now 0.000%, 7d avg +0.071%
=Funding pays, the price is against you. KuCoin is 0.071% cheaper against Bybit than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.071%). If the spread goes back, that is −$7 on $10k: about 40 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit JUPUSDT | 0.2949 | −0.0041 | get 0.0021% / 4h | 3h 24m | $16.0M | $16.9M | 50x |
| Short | KuCoin JUPUSDTM | 0.2949 | 0.0100 | get 0.0050% / 4h | 3h 24m | $4.0M | $6.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- $29.67
- Price spread: 0.000% → +0.071%
- −$7.07
- Slippage, 4 orders
- −$81.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$81.56
- Costs to cover
- 1.042%
- Break-even
- 26.2 days
Slippage from Bybit: live order book, 4 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 Bybit live order book, 4 min ago | 3.41 bp | 16.5 bp −$16 | 39.5 bp −$395 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 3.41 bp | 45.1 bp −$45 | 148.7 bp −$1,487 | 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 | −1.729% | $3K | $205K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0340% / S +0.0664% | 1h | 0.2951 | +0.077% | $16K | — | 100x | as long as short |
| Pacifica JUP | −0.0070% | 1h | 0.2943 | −0.203% | $281K | $138K | 10x | as long as short |
| Bybit JUPUSDTlong | −0.0041% | 4h | 0.2949 | long leg | $16.0M | $16.9M | 50x | |
| Deribit JUP_USDC-PERPETUAL | 0.0000% | 1h | 0.2952 | +0.115% | $53K | $17K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0001% / S −0.0001% | 1h | 0.2940 | −0.317% | $16K | — | 150x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2951 | +0.068% | — | — | 20x | as long as short |
| dYdX JUP-USD | +0.0063% | 1h | 0.2944 | −0.155% | $39K | $16K | 5x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2954 | +0.180% | $764K | $1.0M | 10x | as long as short |
| Paradex JUP-USD-PERP | +0.0097% | 8h | 0.2947 | −0.082% | $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 | 0.2948 | −0.017% | $581K | $486K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2952 | +0.086% | $18.2M | $8.6M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2947 | −0.063% | $102K | $296K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2951 | +0.068% | $16.1M | $38.0M | 75x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2953 | +0.136% | $4.1M | $10.0M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2924 | −0.851% | $61K | $2K | 10x | as long as short |
| Gate JUP_USDT | +0.0100% | 4h | 0.2946 | −0.102% | $699K | $1.3M | 75x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2949 | 0.000% | $7.9M | $5.6M | 200x | as long as short |
| KuCoin JUPUSDTMshort | +0.0100% | 4h | 0.2949 | 0.000% | $4.0M | $6.7M | 50x | |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2951 | +0.068% | $5.8M | $4.6M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2950 | +0.034% | — | $20.5M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2942 | −0.241% | $976K | $222K | 10x | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.2927 | −0.748% | $711K | $485K | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2936 | −0.439% | $1.6M | $4.0M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2934 | −0.509% | $162K | $249K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2949 | +0.017% | $93K | $105K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2951 | +0.068% | $33K | $29K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2945 | −0.136% | $113K | $46K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2954 | +0.170% | $2.9M | $2.9M | 50x | as long as short |
| Extended JUP-USD | +0.0104% | 1h | 0.2951 | +0.058% | $2.2M | $566K | 25x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2950 | +0.034% | $40K | — | 3x | as long as short |
| 01 Exchange JUPUSD | +0.0200% | 1h | 0.2952 | +0.115% | $26K | $2K | 5x | as long as short |
| Phoenix JUP | +0.0272% | 1h | 0.2934 | −0.498% | $106K | $275K | 10x | as long as short |
| Kraken Futures PF_JUPUSD | +0.0277% | 1h | 0.2952 | +0.102% | $582K | $400K | 20x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0320% | 1h | 0.2957 | +0.254% | $75K | $49K | 50x | as long as short |
| BloFin JUP-USDT | +0.0340% | 4h | 0.2932 | −0.576% | $821K | $374K | 50x | as long as short |
Bybit JUPUSDT
KuCoin JUPUSDTM
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
OKX JUP-USDT-SWAP
Bulk JUP-USD
Gate JUP_USDT
MEXC JUP_USDT
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
Extended JUP-USD
01 Exchange JUPUSD
Phoenix JUP
Kraken Futures PF_JUPUSD
Coinbase International JUP-PERP-INTX
BloFin JUP-USDT