Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%

Price spread now: HTX against Gate−0.376%7-day average −0.186% · you buy dearer than you sell

Net, funding: paid 7d − costs−$264as in the Funding arb table

Net, price: spread back to 7d avg − costs−$293as in the Price arb table

costs, in and out, $10k−$2742.741% of the position

Long on Gate Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.098%+$10 on $10k

Price spread, last 4 days (all we have)+0.291%+$29 · spread now −0.376%, 7d avg −0.186%

Together, before fees+0.389%+$39 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: HTX is 0.190% cheaper against Gate than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.186%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate JUP_USDT	0.2924	0.0100	pay 0.0050% / 4h	2h 35m	$720K	$1.4M	75x
Short	HTX JUP-USDT	0.2913	0.0100	get 0.0050% / 4h	2h 35m	$109K	$44K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.376%Rate

Funding earned: $0
Price spread: −0.376% → −0.186%: −$19.01
Slippage, 4 orders: −$247.13
Fee Gate: 7.5 bp × 2 orders: −$15
Fee HTX: 6 bp × 2 orders: −$12
Net: −$293.14
Costs to cover: 2.741%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; HTX: live order book, 11 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, 2 min ago	5.14 bp	23.8 bp −$24	91.1 bp −$911	doesn't fit	doesn't fit
Sell HTX live order book, 11 min ago	6.80 bp	116.7 bp −$117	doesn't fit	doesn't fit	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	−0.4499%	1h	0.2910	−0.479%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2924	+0.004%	$16K	—	100x	as long as short
Pacifica JUP	−0.0230%	1h	0.2926	+0.052%	$279K	$145K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2925	+0.048%	$53K	$17K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2925	+0.045%	—	—	150x	as long as short
dYdX JUP-USD	+0.0017%	1h	0.2926	+0.052%	$39K	$20K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2924	+0.002%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2927	+0.103%	$772K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0100%	8h	0.2926	+0.066%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2924	−0.009%	$579K	$493K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid JUP	+0.0100%	1h	0.2924	0.000%	$18.4M	$8.7M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2925	+0.043%	$108K	$270K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2923	−0.041%	$16.0M	$39.3M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2916	−0.267%	$15.7M	$17.8M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2918	−0.205%	$4.0M	$10.7M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2938	+0.479%	$61K	−$0	10x	as long as short
Gate JUP_USDTlong	+0.0100%	4h	0.2924	long leg	$720K	$1.4M	75x
MEXC JUP_USDT	+0.0100%	4h	0.2924	0.000%	$7.1M	$6.1M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2925	+0.034%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2925	+0.034%	$5.7M	$5.2M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2922	−0.068%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2923	−0.048%	$966K	$189K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2917	−0.238%	$712K	$625K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2919	−0.161%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2917	−0.239%	$161K	$255K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2927	+0.092%	$92K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2925	+0.034%	$33K	$29K	10x	as long as short
HTX JUP-USDTshort	+0.0100%	4h	0.2913	−0.376%	$109K	$44K	20x
Phemex JUPUSDT	+0.0100%	4h	0.2929	+0.171%	$2.9M	$3.0M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2923	−0.028%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0144%	1h	0.2925	+0.038%	$26K	$10K	5x	as long as short
Extended JUP-USD	+0.0192%	1h	0.2924	+0.008%	$2.2M	$510K	25x	as long as short
Kraken Futures PF_JUPUSD	+0.0258%	1h	0.2926	+0.083%	$581K	$458K	20x	as long as short
Phoenix JUP	+0.0271%	1h	0.2921	−0.106%	$98K	$280K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0280%	1h	0.2968	+1.498%	$75K	$49K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2922	−0.068%	$833K	$377K	50x	as long as short