Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%

Price spread now: Orderly against KuCoin0.000%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin JUPUSDTM	0.2949	0.0100	pay 0.0050% / 4h	1h 05m	$4.0M	$6.7M	50x
Short	Orderly PERP_JUP_USDC	0.2949	0.0100	get 0.0050% / 4h	1h 05m	$31K	$42K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$18
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.

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	3.38 bp	40.7 bp −$41	124.0 bp −$1,240	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.5000%	1h	0.2941	−0.271%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0340% / S +0.0664%	1h	0.2952	+0.110%	$16K	—	100x	as long as short
Pacifica JUP	−0.0224%	1h	0.2949	−0.008%	$281K	$147K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0123%	1h	0.2949	0.000%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2953	+0.126%	—	—	150x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2952	+0.093%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2951	+0.075%	$779K	$1.1M	10x	as long as short
Paradex JUP-USD-PERP	+0.0098%	8h	0.2949	−0.013%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2951	+0.059%	$596K	$501K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2952	+0.095%	$18.7M	$9.6M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster JUPUSDT	+0.0100%	4h	0.2951	+0.078%	$114K	$288K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2952	+0.115%	$16.3M	$42.5M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2950	+0.034%	$15.8M	$19.0M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2953	+0.136%	$4.0M	$12.2M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2977	+0.949%	$62K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2947	−0.068%	$736K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2947	−0.068%	$7.3M	$6.6M	200x	as long as short
KuCoin JUPUSDTMlong	+0.0100%	4h	0.2949	long leg	$4.0M	$6.7M	50x
Bitget JUPUSDT	+0.0100%	4h	0.2951	+0.068%	$5.8M	$5.9M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2950	+0.034%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2949	+0.014%	$978K	$249K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2948	−0.019%	$720K	$694K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2967	+0.601%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2965	+0.543%	$157K	$266K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2955	+0.214%	$93K	$104K	10x	as long as short
Orderly PERP_JUP_USDCshort	+0.0100%	4h	0.2949	0.000%	$31K	$42K	10x
HTX JUP-USDT	+0.0100%	4h	0.2954	+0.170%	$111K	$49K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2953	+0.136%	$2.9M	$3.3M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2948	−0.051%	$40K	—	3x	as long as short
dYdX JUP-USD	+0.0110%	1h	0.2949	+0.014%	$39K	$26K	5x	as long as short
Kraken Futures PF_JUPUSD	+0.0201%	1h	0.2950	+0.032%	$590K	$488K	20x	as long as short
01 Exchange JUPUSD	+0.0208%	1h	0.2956	+0.231%	$26K	$19K	5x	as long as short
Coinbase International JUP-PERP-INTX	+0.0240%	1h	0.2961	+0.404%	$74K	$50K	50x	as long as short
Phoenix JUP	+0.0244%	1h	0.2968	+0.641%	$99K	$329K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2962	+0.441%	$842K	$385K	50x	as long as short
Extended JUP-USD	+0.0448%	1h	0.2948	−0.026%	$2.2M	$500K	25x	as long as short