Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0152%/8hpaid last 24h −0.020%

Price spread now: Deribit against Gate+0.037%7-day average — · you sell dearer than you buy

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

Long on Gate Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.162%−$16 on $10k

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Deribit is 0.037% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.162%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate JUP_USDT	0.2945	−0.0152	get 0.0076% / 4h	33m 06s	$751K	$1.9M	75x
Short	Deribit JUP_USDC-PERPETUAL	0.2946	0	get 0.0000% / 1h	33m 06s	$57K	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.037%Rate

Funding earned: $31.92
Price spread: +0.037% → 0.000%: $3.74
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $13.66
Costs to cover: 0.220%
Break-even: 4.0 days

Slippage unknown: Gate: live order book, 7 min ago; Deribit: 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 Gate live order book, 7 min ago	1.69 bp	24.6 bp −$25	83.9 bp −$839	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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	−0.2340%	1h	0.2913	−1.087%	$4K	$110K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0463% / S +0.0168%	1h	0.2946	+0.050%	$13K	—	100x	as long as short
Gate JUP_USDTlong	−0.0152%	4h	0.2945	long leg	$751K	$1.9M	75x
Phoenix JUP	0.0000%	1h	0.2946	+0.034%	$47K	$383K	10x	as long as short
Deribit JUP_USDC-PERPETUALshort	0.0000%	1h	0.2946	+0.037%	$57K	$13K	10x
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2947	+0.078%	$16K	—	150x	as long as short
BloFin JUP-USDT	+0.0050%	4h	0.2941	−0.136%	$884K	$273K	50x	as long as short
Bybit JUPUSDT	+0.0051%	4h	0.2944	−0.034%	$16.5M	$23.2M	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2945	+0.007%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0094%	8h	0.2944	−0.030%	$9K	$15K	10x	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	0.2949	+0.139%	$862K	$1.1M	10x	as long as short
OKX JUP-USDT-SWAP	+0.0097%	4h	0.2943	−0.068%	$4.1M	$16.4M	50x	as long as short
Orderly PERP_JUP_USDC	+0.0098%	4h	0.2947	+0.068%	$25K	$46K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2943	−0.076%	$592K	$641K	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2946	+0.028%	$106K	$366K	10x	as long as short
Pacifica JUP	+0.0100%	1h	0.2945	−0.010%	$281K	$164K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2945	+0.006%	$16.4M	$56.1M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2946	+0.034%	$8.4M	$7.9M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2945	0.000%	$4.1M	$7.3M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2945	0.000%	$5.6M	$8.7M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2944	−0.034%	—	$21.5M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2945	+0.007%	$977K	$261K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2943	−0.084%	$712K	$1.2M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2954	+0.305%	$1.6M	$4.2M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2954	+0.306%	$157K	$321K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2951	+0.200%	$93K	$144K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2938	−0.238%	$110K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2948	+0.102%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2949	+0.149%	$58K	$3K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2945	−0.014%	$40K	—	3x	as long as short
dYdX JUP-USD	+0.0124%	1h	0.2945	+0.003%	$38K	$41K	5x	as long as short
Hyperliquid JUP	+0.0138%	1h	0.2949	+0.143%	$18.9M	$14.1M	10x	as long as short
01 Exchange JUPUSD	+0.0256%	1h	0.2948	+0.095%	$26K	$19K	5x	as long as short
Coinbase International JUP-PERP-INTX	+0.0280%	1h	0.2946	+0.024%	$74K	$90K	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0349%	1h	0.2947	+0.072%	$593K	$603K	20x	as long as short
Extended JUP-USD	+0.0576%	1h	0.2944	−0.025%	$2.2M	$522K	25x	as long as short