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 0.000%

Price spread now: KuCoin against HTX+0.275%7-day average +0.251% · you sell dearer than you buy

Net, funding: paid 7d − costs−$319as in the Funding arb table

Net, price: spread back to 7d avg − costs−$309as in the Price arb table

costs, in and out, $10k−$3123.116% of the position

Long on HTX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.071%−$7 on $10k

Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.275%, 7d avg +0.251%

Together, before fees−0.133%−$13 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: KuCoin is 0.024% dearer against HTX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.251%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX JUP-USDT	0.2907	0.0100	pay 0.0050% / 4h	18m 36s	$109K	$42K	20x
Short	KuCoin JUPUSDTM	0.2915	0.0100	get 0.0050% / 4h	18m 36s	$4.0M	$6.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against HTX. 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 HTXbpFee KuCoinbpOrdersPrice spread, now +0.275%Rate

Funding earned: $0
Price spread: +0.275% → +0.251%: $2.42
Slippage, 4 orders: −$287.61
Fee HTX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$309.18
Costs to cover: 3.116%
Break-even: never at this rate

Slippage from HTX: live order book, 17 min ago; KuCoin: live order book, 9 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 HTX live order book, 17 min ago	12.03 bp	116.4 bp −$116	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	3.43 bp	44.9 bp −$45	110.5 bp −$1,105	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	−0.3836%	1h	0.2875	−1.101%	$3K	$207K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2915	+0.275%	$16K	—	100x	as long as short
Pacifica JUP	−0.0058%	1h	0.2914	+0.255%	$278K	$138K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2916	+0.303%	$52K	$17K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2914	+0.251%	$16K	—	150x	as long as short
dYdX JUP-USD	+0.0028%	1h	0.2915	+0.291%	$39K	$15K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2913	+0.208%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2916	+0.320%	$755K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0097%	8h	0.2914	+0.226%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2913	+0.206%	$572K	$492K	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	0.2917	+0.347%	$18.0M	$8.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2916	+0.310%	$101K	$295K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2914	+0.241%	$16.0M	$38.8M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2914	+0.230%	$15.8M	$17.3M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2913	+0.206%	$4.0M	$10.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2912	+0.172%	$60K	$2K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2914	+0.241%	$698K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2915	+0.275%	$6.9M	$5.5M	200x	as long as short
KuCoin JUPUSDTMshort	+0.0100%	4h	0.2915	+0.275%	$4.0M	$6.7M	50x
Bitget JUPUSDT	+0.0100%	4h	0.2915	+0.275%	$5.8M	$4.9M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2914	+0.241%	—	$20.5M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2917	+0.341%	$965K	$223K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2903	−0.138%	$705K	$529K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2907	0.000%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2907	0.000%	$160K	$254K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2916	+0.316%	$92K	$106K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2915	+0.275%	$33K	$29K	10x	as long as short
HTX JUP-USDTlong	+0.0100%	4h	0.2907	long leg	$109K	$42K	20x
Extended JUP-USD	+0.0104%	1h	0.2913	+0.198%	$2.2M	$579K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2914	+0.241%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0136%	1h	0.2916	+0.313%	$26K	$3K	5x	as long as short
Coinbase International JUP-PERP-INTX	+0.0320%	1h	0.2927	+0.674%	$74K	$49K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2910	+0.103%	$816K	$370K	50x	as long as short
Phoenix JUP	+0.0355%	1h	0.2909	+0.058%	$104K	$284K	10x	as long as short
Phemex JUPUSDT	+0.0361%	4h	0.2915	+0.275%	$2.9M	$3.0M	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0415%	1h	0.2915	+0.277%	$574K	$417K	20x	as long as short