Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%

Price spread now: BingX against Gate+0.034%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$630.628% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.089%+$9 on $10k

Price spread, last 7 days−0.027%−$3 · spread now +0.034%, 7d avg −0.002%

Together, before fees+0.063%+$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.036% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate JUP_USDT	0.2946	0.0100	pay 0.0050% / 4h	1h 40m	$736K	$1.4M	75x
Short	BingX JUP-USDT	0.2947	0.0100	get 0.0050% / 4h	1h 40m	—	$20.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now +0.034%Rate

Funding earned: $0
Price spread: +0.034% → −0.002%: $3.56
Slippage, 4 orders: −$37.79
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$59.23
Costs to cover: 0.628%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; BingX: live order book, 12 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 Gate live order book, 1 min ago	3.39 bp	21.5 bp −$21	96.3 bp −$963	doesn't fit	doesn't fit
Sell BingX live order book, 12 min ago	3.39 bp	8.4 bp −$8	11.5 bp −$115	21.8 bp −$2,184	53.8 bp −$26.9K

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	0.2904	−1.426%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0340% / S +0.0664%	1h	0.2950	+0.136%	$16K	—	100x	as long as short
Pacifica JUP	−0.0224%	1h	0.2946	−0.009%	$281K	$147K	10x	as long as short
Bybit JUPUSDT	0.0000%	4h	0.2947	+0.034%	$15.8M	$19.2M	50x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2949	+0.092%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2949	+0.110%	—	—	150x	as long as short
Backpack JUP_USDC_PERP	+0.0005%	1h	0.2948	+0.058%	$978K	$231K	10x	as long as short
OKX JUP-USDT-SWAP	+0.0030%	4h	0.2950	+0.136%	$4.1M	$12.6M	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2949	+0.101%	—	—	20x	as long as short
Variational Omni JUP	+0.0093%	4h	0.2946	−0.003%	$719K	$698K	—	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	0.2950	+0.143%	$780K	$1.1M	10x	as long as short
Paradex JUP-USD-PERP	+0.0096%	8h	0.2945	−0.041%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2949	+0.110%	$597K	$511K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2951	+0.166%	$18.7M	$10.1M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2949	+0.104%	$114K	$298K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2950	+0.136%	$16.3M	$43.5M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2939	−0.250%	$61K	$8K	10x	as long as short
Gate JUP_USDTlong	+0.0100%	4h	0.2946	long leg	$736K	$1.4M	75x
MEXC JUP_USDT	+0.0100%	4h	0.2950	+0.136%	$7.5M	$6.6M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2949	+0.102%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2949	+0.102%	$5.7M	$6.1M	75x	as long as short
BingX JUP-USDTshort	+0.0100%	4h	0.2947	+0.034%	—	$20.8M	—
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2949	+0.114%	$1.6M	$3.7M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2946	0.000%	$157K	$274K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2952	+0.187%	$93K	$107K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2948	+0.068%	$31K	$42K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2943	−0.102%	$111K	$47K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2950	+0.136%	$2.9M	$3.3M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2945	−0.017%	$40K	—	3x	as long as short
dYdX JUP-USD	+0.0105%	1h	0.2949	+0.116%	$39K	$27K	5x	as long as short
01 Exchange JUPUSD	+0.0176%	1h	0.2950	+0.129%	$26K	$19K	5x	as long as short
Kraken Futures PF_JUPUSD	+0.0201%	1h	0.2948	+0.082%	$589K	$496K	20x	as long as short
Coinbase International JUP-PERP-INTX	+0.0240%	1h	0.2950	+0.139%	$74K	$50K	50x	as long as short
Phoenix JUP	+0.0244%	1h	0.2937	−0.312%	$97K	$329K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2951	+0.170%	$841K	$370K	50x	as long as short
Extended JUP-USD	+0.0352%	1h	0.2950	+0.125%	$2.2M	$492K	25x	as long as short