Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against MEXC+0.034%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$720.720% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 7 days−0.034%−$3 · spread now +0.034%, 7d avg +0.046%

Together, before fees−0.052%−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC JUP_USDT	0.2935	0.0100	pay 0.0050% / 4h	1h 21m	$6.7M	$5.6M	200x
Short	KuCoin JUPUSDTM	0.2936	0.0100	get 0.0050% / 4h	1h 21m	$4.0M	$6.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.034%Rate

Funding earned: $0
Price spread: +0.034% → +0.046%: −$1.24
Slippage, 4 orders: −$60
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$73.24
Costs to cover: 0.720%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 6 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 MEXC live order book, 1 min ago	1.70 bp	4.7 bp −$5	13.8 bp −$138	97.8 bp −$9,782	250.4 bp −$125.2K
Sell KuCoin live order book, 6 min ago	6.84 bp	32.7 bp −$33	119.0 bp −$1,190	doesn't fit	doesn't fit

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	0.2885	−1.704%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2934	−0.017%	$16K	—	100x	as long as short
Pacifica JUP	−0.0041%	1h	0.2935	+0.012%	$280K	$140K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2934	−0.044%	—	—	150x	as long as short
dYdX JUP-USD	+0.0044%	1h	0.2936	+0.017%	$39K	$17K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	+0.0057%	1h	0.2934	−0.031%	$53K	$17K	10x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2935	−0.016%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2936	+0.020%	$761K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0100%	8h	0.2935	+0.016%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2937	+0.051%	$573K	$492K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid JUP	+0.0100%	1h	0.2935	−0.010%	$18.1M	$9.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2936	+0.025%	$106K	$280K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2936	+0.026%	$16.1M	$39.2M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2934	−0.034%	$15.9M	$17.5M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2937	+0.068%	$4.1M	$10.6M	50x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2933	−0.068%	$701K	$1.4M	75x	as long as short
MEXC JUP_USDTlong	+0.0100%	4h	0.2935	long leg	$6.7M	$5.6M	200x
KuCoin JUPUSDTMshort	+0.0100%	4h	0.2936	+0.034%	$4.0M	$6.7M	50x
Bitget JUPUSDT	+0.0100%	4h	0.2934	−0.034%	$5.8M	$5.1M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2935	0.000%	—	$20.5M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2933	−0.055%	$971K	$228K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2931	−0.137%	$710K	$531K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2926	−0.317%	$1.6M	$4.1M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2925	−0.341%	$161K	$255K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2938	+0.099%	$93K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2935	0.000%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2928	−0.239%	$110K	$43K	20x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2918	−0.579%	$61K	$2K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2932	−0.101%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0184%	1h	0.2939	+0.119%	$26K	$6K	5x	as long as short
Phoenix JUP	+0.0244%	1h	0.2940	+0.174%	$98K	$285K	10x	as long as short
Extended JUP-USD	+0.0288%	1h	0.2934	−0.041%	$2.2M	$573K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0304%	1h	0.2940	+0.187%	$74K	$48K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2933	−0.068%	$821K	$374K	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0375%	1h	0.2934	−0.022%	$579K	$417K	20x	as long as short
Phemex JUPUSDT	+0.0588%	4h	0.2938	+0.102%	$2.9M	$3.0M	50x	as long as short