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: Binance against KuCoin0.000%7-day average −0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$1111.114% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 7 days−0.022%−$2 · spread now 0.000%, 7d avg −0.042%

Together, before fees−0.003%$0 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: Binance is 0.042% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin JUPUSDTM	0.2937	0.0100	pay 0.0050% / 4h	1h 54m	$4.0M	$7.0M	50x
Short	Binance JUPUSDT	0.2937	0.0100	get 0.0050% / 4h	1h 54m	$16.1M	$36.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.042%: $4.25
Slippage, 4 orders: −$89.36
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$107.11
Costs to cover: 1.114%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 10 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 KuCoin live order book, 2 min ago	6.80 bp	53.3 bp −$53	135.4 bp −$1,354	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	1.69 bp	9.2 bp −$9	29.2 bp −$292	141.6 bp −$14.2K	doesn't fit

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
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2940	+0.095%	$16K	—	100x	as long as short
Pacifica JUP	−0.0134%	1h	0.2937	−0.016%	$280K	$129K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0124%	1h	0.2940	+0.116%	$54K	$9K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S 0.0000%	1h	0.2943	+0.221%	$18K	—	150x	as long as short
ApeX Omni JUPUSDT	+0.0056%	1h	0.2951	+0.477%	$163K	$234K	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2934	−0.109%	—	—	20x	as long as short
BloFin JUP-USDT	+0.0084%	4h	0.2943	+0.204%	$822K	$365K	50x	as long as short
01 Exchange JUPUSD	+0.0088%	1h	0.2939	+0.075%	$26K	$2K	5x	as long as short
Lighter JUP	+0.0096%	1h	0.2939	+0.075%	$758K	$948K	10x	as long as short
Paradex JUP-USD-PERP	+0.0098%	8h	0.2937	−0.006%	$9K	$9K	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	0.2936	−0.034%	$577K	$475K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2938	+0.027%	$17.8M	$8.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2939	+0.068%	$100K	$289K	10x	as long as short
Binance JUPUSDTshort	+0.0100%	4h	0.2937	0.000%	$16.1M	$36.9M	75x
Bybit JUPUSDT	+0.0100%	4h	0.2935	−0.082%	$15.9M	$16.4M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2935	−0.068%	$4.0M	$9.6M	50x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2936	−0.034%	$699K	$952K	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2936	−0.034%	$8.0M	$5.2M	200x	as long as short
KuCoin JUPUSDTMlong	+0.0100%	4h	0.2937	long leg	$4.0M	$7.0M	50x
Bitget JUPUSDT	+0.0100%	4h	0.2938	+0.034%	$5.8M	$4.2M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2936	−0.034%	—	$21.4M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2940	+0.119%	$991K	$236K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2940	+0.094%	$711K	$312K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2945	+0.269%	$1.6M	$4.0M	10x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2942	+0.170%	$93K	$105K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2940	+0.102%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2937	0.000%	$111K	$57K	20x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2944	+0.255%	$61K	−$0	10x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2937	−0.016%	$2.2M	$543K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2939	+0.054%	$40K	—	3x	as long as short
Phemex JUPUSDT	+0.0262%	4h	0.2945	+0.272%	$2.9M	$2.8M	50x	as long as short
Coinbase International JUP-PERP-INTX	+0.0304%	1h	0.2943	+0.201%	$81K	$56K	50x	as long as short
Phoenix JUP	+0.0318%	1h	0.2948	+0.388%	$97K	$269K	10x	as long as short
Kraken Futures PF_JUPUSD	+0.0528%	1h	0.2943	+0.193%	$578K	$391K	20x	as long as short
dYdX JUP-USD	+0.1738%	1h	0.2938	+0.038%	$39K	$10K	5x	as long as short
Injective JUP/USDC PERP	+0.4474%	1h	0.3020	+2.826%	$3K	$205K	5.5x	as long as short