Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bitget against Nado+0.151%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$440.444% of the position

Long on Nado Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.447%−$45 · spread now +0.151%, 7d avg −0.007%

Together, before fees−0.447%+ Points / potential airdropNado: Active · farm board−$45 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: Bitget is 0.157% dearer against Nado than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado JUP-PERP	0.2984	0.0100	pay 0.0012% / 1h	57m 13s	$618K	$648K	10x
Short	Bitget JUPUSDT	0.2989	0.0100	get 0.0050% / 4h	3h 57m	$5.8M	$7.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Nado. 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 NadobpFee BitgetbpOrdersPrice spread, now +0.151%Rate

Funding earned: $0
Price spread: +0.151% → −0.007%: $15.73
Slippage, 4 orders: −$25.4
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$28.67
Costs to cover: 0.444%
Break-even: 727266539543994.1 days

Slippage from Nado: live order book, 16 min ago; Bitget: live order book, 1 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 Nado live order book, 16 min ago	2.19 bp	8.7 bp −$9	41.4 bp −$414	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	5.02 bp	13.4 bp −$13	31.0 bp −$310	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	−0.4634%	1h	0.2945	−1.324%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0356%	1h	0.2985	+0.022%	$284K	$158K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0210% / S +0.0573%	1h	0.2989	+0.153%	$16K	—	100x	as long as short
Bybit JUPUSDT	−0.0172%	4h	0.2986	+0.050%	$16.2M	$22.0M	50x	as long as short
Kraken Futures PF_JUPUSD	−0.0101%	1h	0.2990	+0.174%	$603K	$588K	20x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2987	+0.069%	$39K	$32K	5x	as long as short
01 Exchange JUPUSD	0.0000%	1h	0.2988	+0.124%	$26K	$19K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2989	+0.161%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2989	+0.167%	$17K	—	150x	as long as short
OKX JUP-USDT-SWAP	+0.0045%	4h	0.2987	+0.084%	$4.1M	$16.2M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni JUP	+0.0052%	4h	0.2976	−0.282%	$719K	$776K	—	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2985	+0.020%	—	—	20x	as long as short
BloFin JUP-USDT	+0.0072%	4h	0.2987	+0.084%	$844K	$305K	50x	as long as short
Paradex JUP-USD-PERP	+0.0082%	8h	0.2985	+0.023%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2991	+0.208%	$799K	$1.3M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2989	+0.151%	$31K	$48K	10x	as long as short
Nado JUP-PERPlong	+0.0100%	1h	0.2984	long leg	$618K	$648K	10x
Hyperliquid JUP	+0.0100%	1h	0.2992	+0.248%	$19.2M	$13.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2988	+0.127%	$116K	$357K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2988	+0.117%	$16.4M	$51.7M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2979	−0.184%	$62K	$9K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2985	+0.017%	$745K	$1.5M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2989	+0.151%	$8.1M	$7.2M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2990	+0.184%	$4.3M	$6.8M	50x	as long as short
Bitget JUPUSDTshort	+0.0100%	4h	0.2989	+0.151%	$5.8M	$7.4M	75x
BingX JUP-USDT	+0.0100%	4h	0.2988	+0.117%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2990	+0.174%	$989K	$233K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2981	−0.117%	$1.6M	$3.7M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2981	−0.117%	$158K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2993	+0.278%	$94K	$119K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2979	−0.184%	$112K	$62K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2991	+0.218%	$2.9M	$3.8M	50x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2987	+0.073%	$2.2M	$502K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2987	+0.068%	$41K	—	3x	as long as short
Phoenix JUP	+0.0162%	1h	0.2990	+0.181%	$97K	$469K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0280%	1h	0.2989	+0.154%	$75K	$92K	50x	as long as short