After costs, if the gap returns to its 7d average, $10k−$105
spread now+0.058%7d average+0.494%fees + slippage, in and out−$61spread needed0.614%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack JUP_USDC_PERP | 0.2923 | −0.0417 | get 0.0052% / 1h | 0m 24s | $967K | $258K | 10x |
| Short | Coinbase International JUP-PERP-INTX | 0.2925 | 0.0184 | get 0.0023% / 1h | 0m 24s | $75K | $89K | 50x |
Backpack JUP_USDC_PERP
Coinbase International JUP-PERP-INTXPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $5.82
- Funding while held
- $18.04
- Slippage, 4 orders
- −$41.44
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$37.59
- Spread needed to break even
- 0.614%
Slippage from Backpack: live order book, 20 min ago; Coinbase International: live order book, 39 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0601%
- Per $10,000 a day
- +$18.04
- Average in range /8h
- —
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 Backpack live order book, 20 min ago | 1.35 bp | 9.9 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 39 min ago | 7.48 bp | 28.0 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
JUP price on every exchange
against the cheapest. Click to use as the short leg.Bulk0.2910cheapestPhoenix0.2913+0.096%ApeX Omni0.2916+0.206%HTX0.2916+0.206%Injective0.2918+0.275%Variational Omni0.2919+0.302%Pacifica0.2921+0.380%Extended0.2923+0.430%Paradex0.2923+0.446%MEXC0.2923+0.447%Bitget0.2923+0.447%BingX0.2923+0.447%BloFin0.2923+0.447%Bybit0.2923+0.454%
Bulk
Phoenix
ApeX Omni
HTX
Injective
Variational Omni
Pacifica
Extended
Paradex
MEXC
Bitget
BingX
BloFin
BybitBackpack0.2923+0.457%
Nado0.2923+0.464%Lighter0.2924+0.471%Reya0.2924+0.481%Gate0.2924+0.481%Binance0.2924+0.490%dYdX0.2924+0.490%01 Exchange0.2924+0.498%Deribit0.2924+0.498%OKX0.2925+0.515%
Nado
Lighter
Reya
Gate
Binance
dYdX
Deribit
OKXCoinbase International0.2925+0.515%
Phemex0.2925+0.515%Kraken Futures0.2925+0.518%Aster0.2925+0.522%Aevo0.2925+0.533%KuCoin0.2926+0.550%Hyperliquid0.2927+0.567%Orderly0.2927+0.584%gTrade (Gains Network)0.2927+0.585%GMX0.2928+0.608%Polymarket Perps0.2930+0.698%
Phemex
Kraken Futures
Aster
Aevo
KuCoin
Hyperliquid
Orderly
gTrade (Gains Network)
GMX
Polymarket PerpsJUP on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bulk JUP-USD | −0.455% | +0.0100% | 1h | $57K | $2K | 10x | as long as short |
| Phoenix JUP | −0.359% | +0.0106% | 1h | $47K | $340K | 10x | as long as short |
| ApeX Omni JUPUSDT | −0.250% | +0.0100% | 1h | $155K | $320K | 50x | as long as short |
| HTX JUP-USDT | −0.250% | +0.0100% | 4h | $110K | $74K | 20x | as long as short |
| Injective JUP/USDC PERP | −0.181% | −0.1830% | 1h | $4K | $18K | 5.5x | as long as short |
| Variational Omni JUP | −0.155% | +0.0100% | 4h | $705K | $1.2M | — | as long as short |
| Pacifica JUP | −0.077% | +0.0100% | 1h | $279K | $176K | 10x | as long as short |
| Extended JUP-USD | −0.027% | +0.0104% | 1h | $2.2M | $497K | 25x | as long as short |
| Paradex JUP-USD-PERP | −0.011% | +0.0060% | 8h | $9K | $15K | 10x | as long as short |
| MEXC JUP_USDT | −0.010% | +0.0100% | 4h | $9.0M | $8.0M | 200x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget JUPUSDT | −0.010% | +0.0100% | 4h | $5.6M | $8.7M | 75x | as long as short |
| BingX JUP-USDT | −0.010% | +0.0100% | 4h | — | $21.2M | — | as long as short |
| BloFin JUP-USDT | −0.010% | +0.0141% | 4h | $899K | $269K | 50x | as long as short |
| Bybit JUPUSDT | −0.003% | +0.0100% | 4h | $16.4M | $23.1M | 50x | as long as short |
| Backpack JUP_USDC_PERPlong | 0.000% | −0.0417% | 1h | $967K | $258K | 10x | |
| Nado JUP-PERP | +0.007% | +0.0100% | 1h | $611K | $625K | 10x | as long as short |
| Lighter JUP | +0.014% | +0.0096% | 1h | $854K | $1.1M | 10x | as long as short |
| Reya JUPRUSDPERP | +0.024% | +0.0057% | 1h | — | — | 20x | as long as short |
| Gate JUP_USDT | +0.024% | −0.0140% | 4h | $754K | $1.9M | 75x | as long as short |
| Binance JUPUSDT | +0.033% | +0.0100% | 4h | $16.4M | $55.8M | 75x | as long as short |
| dYdX JUP-USD | +0.033% | +0.0015% | 1h | $38K | $41K | 5x | as long as short |
| 01 Exchange JUPUSD | +0.041% | −0.0128% | 1h | $26K | $19K | 5x | as long as short |
| Deribit JUP_USDC-PERPETUAL | +0.041% | 0.0000% | 1h | $57K | $13K | 10x | as long as short |
| OKX JUP-USDT-SWAP | +0.058% | −0.0242% | 4h | $4.1M | $16.2M | 50x | as long as short |
| Coinbase International JUP-PERP-INTXshort | +0.058% | +0.0184% | 1h | $75K | $89K | 50x | |
| Phemex JUPUSDT | +0.058% | +0.0100% | 4h | $2.9M | $4.1M | 50x | as long as short |
| Kraken Futures PF_JUPUSD | +0.061% | −0.0112% | 1h | $555K | $563K | 20x | as long as short |
| Aster JUPUSDT | +0.064% | +0.0018% | 4h | $112K | $359K | 10x | as long as short |
| Aevo JUP-PERP | +0.075% | +0.0104% | 1h | $40K | — | 3x | as long as short |
| KuCoin JUPUSDTM | +0.092% | +0.0100% | 4h | $4.1M | $7.4M | 50x | as long as short |
| Hyperliquid JUP | +0.109% | +0.0100% | 1h | $18.8M | $14.0M | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.127% | +0.0096% | 4h | $24K | $35K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | +0.127% | L +0.0002% / S −0.0001% | 1h | $16K | — | 150x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | +0.151% | L −0.0463% / S +0.0168% | 1h | $12K | — | 100x | as long as short |
| Polymarket Perps JUP-USD | +0.239% | +0.0100% | 1h | $92K | $150K | 10x | as long as short |