Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h −0.071%

Price spread now: Paradex against Extended+0.068%7-day average — · you sell dearer than you buy

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

Long on Extended Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Paradex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.068% dearer against Extended than usual: you sell high and buy low (spread +0.068% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended JUP-USD	0.3004	0.0104	pay 0.0013% / 1h	31m 26s	$2.2M	$493K	25x
Short	Paradex JUP-USD-PERP	0.3006	0.0083	get 0.0083% / 8h	7h 31m	$9K	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Extended. 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 ExtendedbpFee ParadexbpOrdersPrice spread, now +0.068%Rate

Funding earned: −$4.44
Price spread: +0.068% → 0.000%: $6.83
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$6.6
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 2 min ago; Paradex: 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 Extended live order book, 2 min ago	6.65 bp	12.2 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	−0.4634%	1h	0.2959	−1.502%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0356%	1h	0.3006	+0.058%	$286K	$148K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0210% / S +0.0573%	1h	0.3006	+0.048%	$17K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0101%	1h	0.3006	+0.062%	$605K	$537K	20x	as long as short
OKX JUP-USDT-SWAP	−0.0007%	4h	0.3002	−0.071%	$4.1M	$16.1M	50x	as long as short
01 Exchange JUPUSD	0.0000%	1h	0.3009	+0.165%	$27K	$19K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.3005	+0.035%	$55K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.3006	+0.076%	$1K	—	150x	as long as short
dYdX JUP-USD	+0.0035%	1h	0.3008	+0.113%	$39K	$32K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.3004	−0.020%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin JUP-USDT	+0.0068%	4h	0.2994	−0.337%	$847K	$314K	50x	as long as short
Paradex JUP-USD-PERPshort	+0.0083%	8h	0.3006	+0.068%	$9K	$13K	10x
Lighter JUP	+0.0096%	1h	0.3008	+0.132%	$755K	$1.3M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.3005	+0.029%	$31K	$46K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.3005	+0.045%	$623K	$631K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.3009	+0.172%	$19.3M	$12.6M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.3006	+0.052%	$116K	$334K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.3006	+0.064%	$16.6M	$50.2M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.3003	−0.038%	$16.4M	$21.1M	50x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.3004	−0.004%	$750K	$1.6M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.3006	+0.062%	$8.0M	$7.3M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.3006	+0.062%	$4.1M	$6.8M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.3006	+0.062%	$5.9M	$7.1M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.3003	−0.038%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.3005	+0.022%	$994K	$230K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.3001	−0.103%	$727K	$776K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.3002	−0.071%	$1.7M	$3.7M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2999	−0.171%	$159K	$310K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.3010	+0.209%	$95K	$116K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2995	−0.304%	$113K	$56K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.3008	+0.129%	$2.9M	$3.8M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2997	−0.237%	$62K	$8K	10x	as long as short
Extended JUP-USDlong	+0.0104%	1h	0.3004	long leg	$2.2M	$493K	25x
Aevo JUP-PERP	+0.0104%	1h	0.3006	+0.047%	$41K	—	3x	as long as short
Phoenix JUP	+0.0214%	1h	0.3001	−0.091%	$98K	$469K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0280%	1h	0.3000	−0.148%	$75K	$88K	50x	as long as short