Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0260%/8h= +28.5% APRpaid last 24h +0.049%

Price spread now: Coinbase International against MEXC+0.343%7-day average — · you sell dearer than you buy

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

Long on MEXC Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.215%+$21 on $10k

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Coinbase International is 0.343% dearer against MEXC than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC JUP_USDT	0.2970	0.0100	pay 0.0050% / 4h	2h 54m	$7.9M	$5.2M	200x
Short	Coinbase International JUP-PERP-INTX	0.2980	0.0360	get 0.0045% / 1h	54m 38s	$77K	$52K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against MEXC. 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 MEXCbpFee Coinbase InternationalbpOrdersPrice spread, now +0.343%Rate

Funding earned: $54.6
Price spread: +0.343% → 0.000%: $34.34
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $78.94
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: MEXC: live order book, 3 min ago; Coinbase International: 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 MEXC live order book, 3 min ago	1.66 bp	5.7 bp −$6	24.6 bp −$246	132.3 bp −$13.2K	264.8 bp −$132.4K
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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	−0.3614%	1h	0.3025	+1.852%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0340% / S +0.0664%	1h	0.2977	+0.237%	$16K	—	100x	as long as short
ApeX Omni JUPUSDT	−0.0330%	1h	0.3001	+1.044%	$165K	$250K	50x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0119%	1h	0.2977	+0.229%	$53K	$8K	10x	as long as short
Pacifica JUP	−0.0028%	1h	0.2972	+0.068%	$283K	$131K	10x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2970	+0.014%	$39K	$16K	5x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S 0.0000%	1h	0.3023	+1.790%	$18K	—	150x	as long as short
01 Exchange JUPUSD	+0.0032%	1h	0.2976	+0.209%	$26K	$2K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2975	+0.173%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0095%	8h	0.2971	+0.033%	$9K	$11K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter JUP	+0.0096%	1h	0.2973	+0.101%	$762K	$1.0M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2974	+0.152%	$578K	$484K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2979	+0.296%	$18.4M	$8.6M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2974	+0.151%	$103K	$293K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2975	+0.168%	$16.5M	$38.0M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2971	+0.034%	$16.1M	$16.7M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2975	+0.168%	$4.1M	$10.2M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.3002	+1.064%	$62K	$2K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2974	+0.135%	$708K	$1.3M	75x	as long as short
MEXC JUP_USDTlong	+0.0100%	4h	0.2970	long leg	$7.9M	$5.2M	200x
KuCoin JUPUSDTM	+0.0100%	4h	0.2975	+0.168%	$4.1M	$6.8M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2974	+0.135%	$5.9M	$4.3M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2973	+0.101%	—	$20.6M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2975	+0.162%	$990K	$226K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2988	+0.620%	$723K	$470K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.3003	+1.118%	$1.7M	$4.0M	10x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2980	+0.333%	$94K	$105K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2977	+0.236%	$34K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2968	−0.067%	$113K	$51K	20x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2976	+0.215%	$41K	—	3x	as long as short
Extended JUP-USD	+0.0112%	1h	0.2974	+0.138%	$2.2M	$543K	25x	as long as short
Phemex JUPUSDT	+0.0228%	4h	0.2983	+0.438%	$2.9M	$2.9M	50x	as long as short
Phoenix JUP	+0.0272%	1h	0.2999	+0.990%	$104K	$265K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2984	+0.471%	$840K	$380K	50x	as long as short
Coinbase International JUP-PERP-INTXshort	+0.0360%	1h	0.2980	+0.343%	$77K	$52K	50x
Kraken Futures PF_JUPUSD	+0.0388%	1h	0.2979	+0.302%	$586K	$397K	20x	as long as short