Settings8H · net · $10k
Funding arb · Price arb /

JUP

all JUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0072%/8h= −7.9% APRnext payment $0.09 per $10,000 · paid last 24h −0.074%
Price spread now: Kraken Futures against 01 Exchange−0.043%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Kraken Futures is 0.043% cheaper against 01 Exchange than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange JUPUSD0.29420.0168pay 0.0021% / 1h20m 13s$26K$17K5x
ShortKraken Futures PF_JUPUSD0.29400.0096get 0.0012% / 1h20m 13s$589K$470K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against 01 Exchange. 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

Funding earned
−$15.08
Price spread: −0.043% → 0.000%
−$4.28
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$36.36
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Kraken Futures: live order book, 38 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange no order-book sample
Sell Kraken Futures live order book, 38 min ago17.00 bp26.1 bp −$2664.4 bp −$644doesn't fitdoesn't fit
01 Exchange: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective JUP/USDC PERP−0.4661%1h0.2907−1.176%$3K$206K5.5xas long as short
GMX JUP/USD [WBTC.b-USDC]L −0.0275% / S +0.0618%1h0.2939−0.105%$16K100xas long as short
Pacifica JUP−0.0125%1h0.2940−0.045%$280K$146K10xas long as short
Deribit JUP_USDC-PERPETUAL0.0000%1h0.2938−0.109%$54K$16K10xas long as short
gTrade (Gains Network) JUP/USDL +0.0001% / S −0.0001%1h0.2939−0.081%150xas long as short
dYdX JUP-USD+0.0011%1h0.2945+0.132%$38K$25K5xas long as short
Reya JUPRUSDPERP+0.0057%1h0.2936−0.174%20xas long as short
Lighter JUP+0.0096%1h0.2941−0.014%$777K$1.0M10xas long as short
Kraken Futures PF_JUPUSDshort+0.0096%1h0.2940−0.043%$589K$470K20x
Paradex JUP-USD-PERP+0.0099%8h0.2940−0.040%$9K$11K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado JUP-PERP+0.0100%1h0.2936−0.182%$592K$492K10xas long as short
Hyperliquid JUP+0.0100%1h0.2940−0.043%$18.5M$9.4M10xas long as short
Aster JUPUSDT+0.0100%4h0.2940−0.045%$110K$289K10xas long as short
Binance JUPUSDT+0.0100%4h0.2937−0.156%$16.2M$41.4M75xas long as short
Bybit JUPUSDT+0.0100%4h0.2935−0.235%$15.8M$18.4M50xas long as short
OKX JUP-USDT-SWAP+0.0100%4h0.2937−0.156%$4.0M$11.6M50xas long as short
Bulk JUP-USD+0.0100%1h0.2944+0.082%$61K$8K10xas long as short
Gate JUP_USDT+0.0100%4h0.2940−0.054%$725K$1.4M75xas long as short
MEXC JUP_USDT+0.0100%4h0.2937−0.156%$7.3M$6.4M200xas long as short
KuCoin JUPUSDTM+0.0100%4h0.2939−0.088%$4.0M$6.6M50xas long as short
Bitget JUPUSDT+0.0100%4h0.2938−0.122%$5.7M$5.6M75xas long as short
BingX JUP-USDT+0.0100%4h0.2937−0.156%$20.7Mas long as short
Backpack JUP_USDC_PERP+0.0100%1h0.2943+0.058%$972K$237K10xas long as short
Variational Omni JUP+0.0100%4h0.2939−0.090%$718K$625Kas long as short
GRVT JUP_USDT_Perp+0.0100%4h0.2945+0.116%$1.6M$3.9M10xas long as short
ApeX Omni JUPUSDT+0.0100%1h0.2950+0.286%$157K$253K50xas long as short
Polymarket Perps JUP-USD+0.0100%1h0.2941−0.031%$93K$105K10xas long as short
Orderly PERP_JUP_USDC+0.0100%4h0.2938−0.122%$30K$42K10xas long as short
HTX JUP-USDT+0.0100%4h0.2934−0.258%$110K$46K20xas long as short
Phemex JUPUSDT+0.0100%4h0.2945+0.116%$2.9M$3.2M50xas long as short
Aevo JUP-PERP+0.0104%1h0.2936−0.190%$40K3xas long as short
01 Exchange JUPUSDlong+0.0168%1h0.2942long leg$26K$17K5x
Coinbase International JUP-PERP-INTX+0.0208%1h0.2954+0.428%$75K$50K50xas long as short
Phoenix JUP+0.0271%1h0.2948+0.201%$97K$304K10xas long as short
BloFin JUP-USDT+0.0340%4h0.2940−0.054%$834K$383K50xas long as short
Extended JUP-USD+0.0432%1h0.2936−0.183%$2.2M$502K25xas long as short