JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0219%/8h= +24.0% APRnext payment +$1.10 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bybit+0.034%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$390.390% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 7 days−0.083%−$8 · spread now +0.034%, 7d avg +0.016%

Together, before fees−0.110%−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.027% in total (about -1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.10 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit JUPUSDT	0.2957	−0.0119	get 0.0060% / 4h	2h 07m	$16.2M	$24.0M	50x
Short	MEXC JUP_USDT	0.2958	0.0100	get 0.0050% / 4h	2h 07m	$8.0M	$8.1M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.034%Rate

Funding earned: $45.99
Price spread: +0.034% → +0.016%: $1.75
Slippage, 4 orders: −$27.99
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 0 bp × 2 orders: $0
Net: $8.75
Costs to cover: 0.390%
Break-even: 5.7 days

Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 10 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, 1 min ago	1.69 bp	14.3 bp −$14	37.0 bp −$370	doesn't fit	doesn't fit
Sell MEXC live order book, 10 min ago	1.68 bp	4.0 bp −$4	13.7 bp −$137	87.1 bp −$8,711	238.5 bp −$119.2K

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	−0.778%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0894% / S +0.0334%	1h	0.2961	+0.143%	$13K	—	100x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0189%	1h	0.2961	+0.142%	$56K	$14K	10x	as long as short
Bybit JUPUSDTlong	−0.0119%	4h	0.2957	long leg	$16.2M	$24.0M	50x
Gate JUP_USDT	−0.0018%	4h	0.2957	0.000%	$735K	$2.0M	75x	as long as short
01 Exchange JUPUSD	0.0000%	1h	0.2960	+0.088%	$26K	$19K	5x	as long as short
Phoenix JUP	0.0000%	1h	0.2963	+0.193%	$95K	$447K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2962	+0.158%	$17K	—	150x	as long as short
Kraken Futures PF_JUPUSD	+0.0009%	1h	0.2959	+0.083%	$600K	$624K	20x	as long as short
dYdX JUP-USD	+0.0028%	1h	0.2961	+0.127%	$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	0.2959	+0.056%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0085%	8h	0.2958	+0.044%	$9K	$15K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2962	+0.169%	$832K	$1.3M	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2956	−0.019%	$723K	$1.2M	—	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2959	+0.059%	$595K	$665K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2964	+0.233%	$19.0M	$14.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2962	+0.179%	$106K	$367K	10x	as long as short
Pacifica JUP	+0.0100%	1h	0.2959	+0.064%	$282K	$179K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2958	+0.034%	$16.3M	$56.2M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2958	+0.034%	$4.1M	$16.6M	50x	as long as short
MEXC JUP_USDTshort	+0.0100%	4h	0.2958	+0.034%	$8.0M	$8.1M	200x
KuCoin JUPUSDTM	+0.0100%	4h	0.2961	+0.135%	$4.5M	$7.2M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2957	0.000%	$5.6M	$8.5M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2958	+0.034%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2961	+0.122%	$980K	$263K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2959	+0.061%	$1.6M	$4.2M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2960	+0.101%	$157K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2964	+0.230%	$94K	$139K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2961	+0.135%	$31K	$51K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2952	−0.169%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2965	+0.271%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2957	+0.017%	$57K	$3K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2959	+0.068%	$40K	—	3x	as long as short
BloFin JUP-USDT	+0.0123%	4h	0.2960	+0.101%	$858K	$332K	50x	as long as short
Extended JUP-USD	+0.0200%	1h	0.2958	+0.020%	$2.2M	$541K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0248%	1h	0.2989	+1.099%	$74K	$95K	50x	as long as short