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 −0.002%

Price spread now: ApeX Omni against Binance+0.432%89s7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$620.623% of the position

Long on Binance Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 3 days (all we have)−0.392%−$39 · spread now +0.432%, 7d avg +0.045%

Together, before fees−0.355%−$36 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: ApeX Omni is 0.387% dearer against Binance than usual: you sell high and buy low, +$39 on $10k if it goes back to its 7-day average of +0.045%. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance JUPUSDT	0.3003	0.0100	pay 0.0050% / 4h	3h 05m	$16.5M	$48.2M	75x
Short	ApeX Omni JUPUSDT	0.3016	0.0100	get 0.0013% / 1h	5m 58s	$160K	$303K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Binance. 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 BinancebpFee ApeX OmnibpOrdersPrice spread, now +0.432%Rate

Funding earned: $0
Price spread: +0.432% → +0.045%: $38.66
Slippage, 4 orders: −$42.3
Fee Binance: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$23.64
Costs to cover: 0.623%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; ApeX Omni: live order book, 66 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 Binance live order book, 6 min ago	1.66 bp	10.1 bp −$10	32.5 bp −$325	260.5 bp −$26.0K	doesn't fit
Sell ApeX Omni live order book, 66 min ago	10.11 bp	19.3 bp −$19	115.5 bp −$1,155	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	0.2985	−0.600%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0356%	1h	0.3004	+0.020%	$286K	$147K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0210% / S +0.0573%	1h	0.3003	−0.013%	$17K	—	100x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0116%	1h	0.3003	−0.004%	$55K	$16K	10x	as long as short
Kraken Futures PF_JUPUSD	−0.0101%	1h	0.3006	+0.105%	$605K	$524K	20x	as long as short
01 Exchange JUPUSD	−0.0056%	1h	0.2999	−0.141%	$27K	$19K	5x	as long as short
OKX JUP-USDT-SWAP	−0.0055%	4h	0.3002	−0.034%	$4.1M	$15.5M	50x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.3004	+0.026%	—	—	150x	as long as short
dYdX JUP-USD	+0.0042%	1h	0.3004	+0.046%	$39K	$31K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2999	−0.119%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex JUP-USD-PERP	+0.0081%	8h	0.3001	−0.070%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.3006	+0.089%	$752K	$1.3M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.3004	+0.032%	$31K	$45K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.3001	−0.051%	$621K	$625K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.3008	+0.179%	$19.3M	$11.5M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.3005	+0.074%	$116K	$326K	10x	as long as short
Binance JUPUSDTlong	+0.0100%	4h	0.3003	long leg	$16.5M	$48.2M	75x
Bybit JUPUSDT	+0.0100%	4h	0.3001	−0.071%	$16.4M	$20.4M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.3009	+0.205%	$63K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.3002	−0.034%	$754K	$1.6M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.3005	+0.066%	$7.9M	$7.3M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.3003	−0.001%	$4.1M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.3004	+0.032%	$5.9M	$6.7M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.3003	−0.001%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.3003	+0.012%	$994K	$230K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2998	−0.169%	$725K	$767K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.3015	+0.399%	$1.7M	$3.7M	10x	as long as short
ApeX Omni JUPUSDTshort	+0.0100%	1h	0.3016	+0.432%	$160K	$303K	50x
Polymarket Perps JUP-USD	+0.0100%	1h	0.3004	+0.039%	$95K	$111K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2999	−0.134%	$113K	$54K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.3011	+0.266%	$2.9M	$3.7M	50x	as long as short
Extended JUP-USD	+0.0104%	1h	0.3000	−0.100%	$2.2M	$484K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.3001	−0.067%	$41K	—	3x	as long as short
Phoenix JUP	+0.0214%	1h	0.3013	+0.325%	$98K	$469K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0280%	1h	0.3008	+0.166%	$75K	$60K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.3009	+0.199%	$853K	$362K	50x	as long as short