Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Orderly0.000%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on BingX

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	Orderly PERP_JUP_USDC	0.2966	0.0100	pay 0.0050% / 4h	2h 20m	$33K	$29K	10x
Short	BingX JUP-USDT	0.2966	0.0100	get 0.0050% / 4h	2h 20m	—	$21.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Orderly. 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 OrderlybpFee BingXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee BingX: 5 bp × 2 orders: −$10
Net: −$16
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; BingX: live order book, 11 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell BingX live order book, 11 min ago	3.37 bp	8.4 bp −$8	10.7 bp −$107	22.2 bp −$2,220	72.1 bp −$36.0K

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 exchanges

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	0.3020	+1.821%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2965	−0.035%	$16K	—	100x	as long as short
Pacifica JUP	−0.0028%	1h	0.2969	+0.109%	$283K	$131K	10x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2967	+0.047%	$39K	$13K	5x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S 0.0000%	1h	0.2966	+0.005%	$18K	—	150x	as long as short
Deribit JUP_USDC-PERPETUAL	+0.0020%	1h	0.2967	+0.027%	$55K	$9K	10x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2969	+0.114%	—	—	20x	as long as short
ApeX Omni JUPUSDT	+0.0065%	1h	0.2961	−0.169%	$163K	$234K	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2967	+0.030%	$762K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0099%	8h	0.2966	+0.012%	$9K	$11K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado JUP-PERP	+0.0100%	1h	0.2967	+0.034%	$577K	$481K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2969	+0.101%	$18.3M	$8.6M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2966	+0.017%	$101K	$294K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2964	−0.061%	$16.3M	$37.5M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2964	−0.057%	$16.1M	$16.6M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2963	−0.101%	$4.1M	$10.0M	50x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2966	0.000%	$709K	$1.3M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2966	0.000%	$8.0M	$5.3M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2968	+0.067%	$4.0M	$6.9M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2967	+0.034%	$5.9M	$4.3M	75x	as long as short
BingX JUP-USDTshort	+0.0100%	4h	0.2966	0.000%	—	$21.5M	—
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2968	+0.051%	$986K	$231K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2963	−0.105%	$717K	$462K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2960	−0.194%	$1.6M	$4.0M	10x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2970	+0.152%	$94K	$105K	10x	as long as short
Orderly PERP_JUP_USDClong	+0.0100%	4h	0.2966	long leg	$33K	$29K	10x
HTX JUP-USDT	+0.0100%	4h	0.2961	−0.169%	$112K	$50K	20x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2964	−0.051%	$61K	$2K	10x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2965	−0.030%	$2.2M	$545K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2965	−0.034%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0176%	1h	0.2966	−0.007%	$26K	$2K	5x	as long as short
Phemex JUPUSDT	+0.0224%	4h	0.2973	+0.236%	$2.9M	$2.8M	50x	as long as short
Phoenix JUP	+0.0318%	1h	0.2969	+0.105%	$98K	$265K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2967	+0.034%	$835K	$373K	50x	as long as short
Coinbase International JUP-PERP-INTX	+0.0360%	1h	0.2972	+0.209%	$82K	$57K	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0389%	1h	0.2969	+0.092%	$584K	$387K	20x	as long as short