JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0111%/8h= −12.1% APRnext payment −$0.55 per $10,000 · paid last 24h +0.024%

Price spread now: Bybit against Gate−0.024%7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$650.654% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.055%+$5 on $10k

Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.024%, 7d avg +0.007%

Together, before fees+0.161%+$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.031% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.007%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.055%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate JUP_USDT	0.2974	0.0068	pay 0.0034% / 4h	2m 36s	$743K	$1.8M	75x
Short	Bybit JUPUSDT	0.2973	−0.0043	pay 0.0021% / 4h	2m 36s	$16.2M	$22.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.024%Rate

Funding earned: −$23.24
Price spread: −0.024% → +0.007%: −$3.08
Slippage, 4 orders: −$39.39
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$91.72
Costs to cover: 0.654%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; Bybit: live order book, 6 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, 5 min ago	3.37 bp	22.6 bp −$23	110.4 bp −$1,104	doesn't fit	doesn't fit
Sell Bybit live order book, 6 min ago	1.68 bp	15.2 bp −$15	40.8 bp −$408	235.8 bp −$23.6K	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	−0.4371%	1h	0.2938	−1.210%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0210% / S +0.0573%	1h	0.2977	+0.099%	$16K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0209%	1h	0.2976	+0.082%	$600K	$589K	20x	as long as short
Pacifica JUP	−0.0199%	1h	0.2974	−0.003%	$283K	$165K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0153%	1h	0.2976	+0.067%	$56K	$14K	10x	as long as short
01 Exchange JUPUSD	−0.0048%	1h	0.2977	+0.084%	$26K	$19K	5x	as long as short
Bybit JUPUSDTshort	−0.0043%	4h	0.2973	−0.024%	$16.2M	$22.1M	50x
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2977	+0.117%	$17K	—	150x	as long as short
Variational Omni JUP	+0.0036%	4h	0.2967	−0.249%	$718K	$776K	—	as long as short
OKX JUP-USDT-SWAP	+0.0043%	4h	0.2971	−0.101%	$4.1M	$16.1M	50x	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	0.2975	+0.020%	—	—	20x	as long as short
Gate JUP_USDTlong	+0.0068%	4h	0.2974	long leg	$743K	$1.8M	75x
dYdX JUP-USD	+0.0069%	1h	0.2976	+0.052%	$39K	$32K	5x	as long as short
Paradex JUP-USD-PERP	+0.0081%	8h	0.2975	+0.039%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2976	+0.081%	$796K	$1.4M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2977	+0.101%	$31K	$48K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2973	−0.034%	$616K	$648K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2980	+0.188%	$19.2M	$13.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2976	+0.059%	$115K	$357K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2975	+0.034%	$16.4M	$51.9M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2972	−0.067%	$62K	$9K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2973	−0.034%	$8.1M	$7.7M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2977	+0.101%	$4.3M	$6.9M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2975	+0.034%	$5.8M	$7.5M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2974	0.000%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2976	+0.067%	$985K	$233K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2973	−0.034%	$1.6M	$3.7M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2973	−0.034%	$158K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2982	+0.269%	$94K	$119K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2969	−0.168%	$111K	$62K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2980	+0.202%	$2.9M	$3.9M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2974	0.000%	$41K	—	3x	as long as short
Extended JUP-USD	+0.0112%	1h	0.2973	−0.035%	$2.2M	$509K	25x	as long as short
BloFin JUP-USDT	+0.0121%	4h	0.2976	+0.067%	$843K	$304K	50x	as long as short
Phoenix JUP	+0.0162%	1h	0.2976	+0.081%	$97K	$479K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.2976	+0.054%	$75K	$91K	50x	as long as short