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 +0.020%

Price spread now: MEXC against OKX−0.035%7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$390.392% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 7 days+0.056%+$6 · spread now −0.035%, 7d avg +0.026%

Together, before fees+0.082%+$8 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 0.061% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX JUP-USDT-SWAP	0.2895	0.0100	pay 0.0050% / 4h	2h 27m	$4.0M	$10.7M	50x
Short	MEXC JUP_USDT	0.2894	0.0100	get 0.0050% / 4h	2h 27m	$6.7M	$6.1M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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 OKXbpFee MEXCbpOrdersPrice spread, now −0.035%Rate

Funding earned: $0
Price spread: −0.035% → +0.026%: −$6.08
Slippage, 4 orders: −$29.15
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$45.24
Costs to cover: 0.392%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; MEXC: 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 OKX live order book, 1 min ago	3.45 bp	14.5 bp −$14	60.2 bp −$602	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	1.73 bp	4.5 bp −$5	16.0 bp −$160	90.3 bp −$9,031	238.5 bp −$119.2K

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	−0.4499%	1h	0.2910	+0.518%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2893	−0.080%	$16K	—	100x	as long as short
Pacifica JUP	−0.0230%	1h	0.2895	+0.011%	$276K	$142K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2895	−0.010%	$52K	$17K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2894	−0.027%	—	—	150x	as long as short
dYdX JUP-USD	+0.0013%	1h	0.2896	+0.019%	$38K	$20K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2894	−0.050%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2896	+0.028%	$755K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0100%	8h	0.2895	+0.015%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2895	0.000%	$574K	$493K	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	0.2897	+0.055%	$18.1M	$8.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2895	+0.001%	$107K	$280K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2894	−0.035%	$15.9M	$39.6M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2892	−0.104%	$15.6M	$17.8M	50x	as long as short
OKX JUP-USDT-SWAPlong	+0.0100%	4h	0.2895	long leg	$4.0M	$10.7M	50x
Bulk JUP-USD	+0.0100%	1h	0.2909	+0.500%	$61K	−$0	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2894	−0.035%	$714K	$1.4M	75x	as long as short
MEXC JUP_USDTshort	+0.0100%	4h	0.2894	−0.035%	$6.7M	$6.1M	200x
KuCoin JUPUSDTM	+0.0100%	4h	0.2896	+0.035%	$3.9M	$6.6M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2894	−0.035%	$5.7M	$5.2M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2895	0.000%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2895	−0.014%	$956K	$190K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2898	+0.105%	$703K	$630K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2906	+0.380%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2907	+0.415%	$160K	$255K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2898	+0.093%	$91K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2895	0.000%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2885	−0.345%	$108K	$44K	20x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2895	0.000%	$39K	—	3x	as long as short
01 Exchange JUPUSD	+0.0120%	1h	0.2896	+0.048%	$26K	$10K	5x	as long as short
Extended JUP-USD	+0.0160%	1h	0.2893	−0.080%	$2.1M	$526K	25x	as long as short
Kraken Futures PF_JUPUSD	+0.0261%	1h	0.2895	+0.005%	$574K	$460K	20x	as long as short
Phoenix JUP	+0.0271%	1h	0.2907	+0.404%	$97K	$280K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0280%	1h	0.2909	+0.487%	$74K	$48K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2893	−0.069%	$818K	$373K	50x	as long as short
Phemex JUPUSDT	+0.0433%	4h	0.2898	+0.104%	$2.8M	$3.0M	50x	as long as short