Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against HTX+0.135%7-day average +0.223% · you sell dearer than you buy

Net, funding: paid 7d − costs−$222as in the Funding arb table

Net, price: spread back to 7d avg − costs−$226as in the Price arb table

costs, in and out, $10k−$2172.171% of the position

Long on HTX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.049%−$5 on $10k

Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.135%, 7d avg +0.223%

Together, before fees−0.128%−$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: MEXC is 0.088% cheaper against HTX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.223%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX JUP-USDT	0.2957	0.0100	pay 0.0050% / 4h	2h 19m	$112K	$50K	20x
Short	MEXC JUP_USDT	0.2961	0.0100	get 0.0050% / 4h	2h 19m	$8.0M	$5.3M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.135%Rate

Funding earned: $0
Price spread: +0.135% → +0.223%: −$8.77
Slippage, 4 orders: −$205.14
Fee HTX: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$225.91
Costs to cover: 2.171%
Break-even: never at this rate

Slippage from HTX: live order book, 30 min ago; MEXC: live order book, 2 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, 30 min ago	6.74 bp	110.1 bp −$110	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.69 bp	4.0 bp −$4	16.1 bp −$161	103.0 bp −$10.3K	243.1 bp −$121.6K

JUP on 36 exchanges

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	−0.3614%	1h	0.3020	+2.131%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2962	+0.174%	$16K	—	100x	as long as short
Pacifica JUP	−0.0028%	1h	0.2962	+0.160%	$282K	$130K	10x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2967	+0.352%	$39K	$13K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2963	+0.200%	$55K	$9K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S 0.0000%	1h	0.2962	+0.179%	$18K	—	150x	as long as short
ApeX Omni JUPUSDT	+0.0051%	1h	0.2964	+0.237%	$163K	$235K	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2962	+0.165%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2965	+0.264%	$762K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0099%	8h	0.2960	+0.105%	$9K	$11K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado JUP-PERP	+0.0100%	1h	0.2962	+0.169%	$576K	$478K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2966	+0.298%	$18.3M	$8.6M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2963	+0.199%	$101K	$293K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2961	+0.124%	$16.3M	$37.3M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2959	+0.068%	$16.1M	$16.6M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2960	+0.101%	$4.0M	$9.9M	50x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2962	+0.169%	$708K	$1.3M	75x	as long as short
MEXC JUP_USDTshort	+0.0100%	4h	0.2961	+0.135%	$8.0M	$5.3M	200x
KuCoin JUPUSDTM	+0.0100%	4h	0.2963	+0.203%	$4.0M	$6.9M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2964	+0.237%	$5.9M	$4.3M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2961	+0.135%	—	$21.5M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2962	+0.162%	$982K	$231K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2963	+0.199%	$717K	$462K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2960	+0.110%	$1.6M	$4.0M	10x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2965	+0.264%	$94K	$105K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2962	+0.169%	$33K	$29K	10x	as long as short
HTX JUP-USDTlong	+0.0100%	4h	0.2957	long leg	$112K	$50K	20x
Bulk JUP-USD	+0.0100%	1h	0.2964	+0.254%	$61K	$2K	10x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2959	+0.079%	$2.2M	$548K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2961	+0.138%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0176%	1h	0.2963	+0.193%	$26K	$2K	5x	as long as short
Phemex JUPUSDT	+0.0210%	4h	0.2969	+0.406%	$2.9M	$2.8M	50x	as long as short
Phoenix JUP	+0.0318%	1h	0.2969	+0.409%	$98K	$265K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2962	+0.169%	$829K	$371K	50x	as long as short
Coinbase International JUP-PERP-INTX	+0.0360%	1h	0.2972	+0.514%	$82K	$56K	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0390%	1h	0.2964	+0.237%	$583K	$387K	20x	as long as short