Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: MEXC against KuCoin0.000%7-day average −0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$710.709% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 7 days−0.084%−$8 · spread now 0.000%, 7d avg −0.050%

Together, before fees−0.055%−$6 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 0.050% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin JUPUSDTM	0.2952	0.0100	pay 0.0050% / 4h	1h 46m	$4.3M	$7.2M	50x
Short	MEXC JUP_USDT	0.2952	0.0100	get 0.0050% / 4h	1h 46m	$7.9M	$7.9M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.050%: $5.04
Slippage, 4 orders: −$58.92
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$65.88
Costs to cover: 0.709%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago	6.77 bp	27.5 bp −$28	108.2 bp −$1,082	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.70 bp	6.1 bp −$6	15.0 bp −$150	85.2 bp −$8,521	237.2 bp −$118.6K

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	−0.3508%	1h	0.2922	−1.016%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0531% / S +0.0368%	1h	0.2951	−0.019%	$15K	—	100x	as long as short
Pacifica JUP	−0.0335%	1h	0.2949	−0.094%	$281K	$173K	10x	as long as short
Kraken Futures PF_JUPUSD	−0.0176%	1h	0.2953	+0.028%	$599K	$623K	20x	as long as short
01 Exchange JUPUSD	−0.0128%	1h	0.2949	−0.119%	$26K	$19K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0021%	1h	0.2952	+0.010%	$56K	$14K	10x	as long as short
Gate JUP_USDT	−0.0018%	4h	0.2951	−0.034%	$734K	$1.9M	75x	as long as short
Bybit JUPUSDT	−0.0016%	4h	0.2949	−0.102%	$16.1M	$23.9M	50x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2951	−0.033%	$17K	—	150x	as long as short
dYdX JUP-USD	+0.0055%	1h	0.2952	−0.010%	$39K	$35K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya JUPRUSDPERP	+0.0057%	1h	0.2948	−0.126%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0063%	8h	0.2948	−0.125%	$9K	$15K	10x	as long as short
BloFin JUP-USDT	+0.0079%	4h	0.2948	−0.136%	$848K	$331K	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2954	+0.075%	$798K	$1.3M	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2951	−0.025%	$721K	$1.1M	—	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2949	−0.102%	$611K	$673K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2957	+0.156%	$18.9M	$14.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2953	+0.039%	$106K	$367K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2951	−0.025%	$16.3M	$56.1M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2951	−0.034%	$4.0M	$16.6M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2952	0.000%	$57K	$3K	10x	as long as short
MEXC JUP_USDTshort	+0.0100%	4h	0.2952	0.000%	$7.9M	$7.9M	200x
KuCoin JUPUSDTMlong	+0.0100%	4h	0.2952	long leg	$4.3M	$7.2M	50x
Bitget JUPUSDT	+0.0100%	4h	0.2950	−0.068%	$5.6M	$8.4M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2949	−0.102%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2953	+0.017%	$977K	$263K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2952	−0.001%	$1.6M	$4.1M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2950	−0.068%	$157K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2954	+0.081%	$93K	$138K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2952	0.000%	$31K	$51K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2944	−0.271%	$110K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2956	+0.136%	$2.9M	$4.1M	50x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2950	−0.067%	$2.2M	$540K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2951	−0.043%	$40K	—	3x	as long as short
Phoenix JUP	+0.0190%	1h	0.2956	+0.139%	$95K	$441K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0264%	1h	0.2989	+1.270%	$74K	$94K	50x	as long as short