After costs, if the gap returns to its 7d average, $10k−$53
spread now−0.068%7d average+0.025%fees + slippage, in and out−$43spread needed0.433%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance JUPUSDT | 0.3002 | 0.0100 | pay 0.0050% / 4h | 27m 50s | $17.1M | $54.2M | 75x |
| Short | Backpack JUP_USDC_PERP | 0.2999 | −0.0073 | pay 0.0009% / 1h | 27m 50s | $989K | $274K | 10x |
Binance JUPUSDT
Backpack JUP_USDC_PERPPrice 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
- −$6.8
- Funding while held
- −$5.19
- Slippage, 4 orders
- −$23.27
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$55.27
- Spread needed to break even
- 0.433%
Slippage from Binance: live order book, 16 min ago; Backpack: live order book, 18 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0173%
- Per $10,000 a day
- −$5.19
- 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 Binance live order book, 16 min ago | 1.65 bp | 9.9 bp −$10 | 30.0 bp −$300 | 267.2 bp −$26.7K | doesn't fit |
| Sell Backpack live order book, 18 min ago | 0.17 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
JUP price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2946cheapestApeX Omni0.2984+1.290%HTX0.2992+1.561%Aevo0.2993+1.595%Nado0.2996+1.697%Reya0.2996+1.704%Extended0.2997+1.718%OKX0.2997+1.731%Bybit0.2998+1.775%Bulk0.2999+1.799%Bitget0.2999+1.799%Orderly0.2999+1.799%BloFin0.2999+1.799%Aster0.2999+1.813%
Injective
ApeX Omni
HTX
Aevo
Nado
Reya
Extended
OKX
Bybit
Bulk
Bitget
Orderly
BloFin
AsterBackpack0.2999+1.816%
Gate0.3000+1.833%BingX0.3000+1.833%Variational Omni0.3000+1.840%01 Exchange0.3000+1.850%Deribit0.3001+1.853%Kraken Futures0.3001+1.856%KuCoin0.3001+1.867%
Gate
BingX
Variational Omni
Deribit
Kraken Futures
KuCoinBinance0.3002+1.885%
GMX0.3002+1.890%Lighter0.3002+1.891%MEXC0.3002+1.901%gTrade (Gains Network)0.3002+1.906%Polymarket Perps0.3003+1.945%Coinbase International0.3004+1.972%Hyperliquid0.3004+1.976%Paradex0.3004+1.976%Pacifica0.3007+2.069%Phemex0.3007+2.071%dYdX0.3010+2.162%Phoenix0.3011+2.206%
GMX
Lighter
MEXC
gTrade (Gains Network)
Polymarket Perps
Coinbase International
Hyperliquid
Paradex
Pacifica
Phemex
dYdX
PhoenixJUP on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective JUP/USDC PERP | −1.850% | +0.3440% | 1h | $5K | $17K | 5.5x | as long as short |
| ApeX Omni JUPUSDT | −0.584% | +0.0100% | 1h | $159K | $317K | 50x | as long as short |
| HTX JUP-USDT | −0.318% | +0.0100% | 4h | $113K | $88K | 20x | as long as short |
| Aevo JUP-PERP | −0.285% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Nado JUP-PERP | −0.185% | +0.0100% | 1h | $606K | $601K | 10x | as long as short |
| Reya JUPRUSDPERP | −0.178% | +0.0057% | 1h | — | — | 20x | as long as short |
| Extended JUP-USD | −0.164% | +0.0520% | 1h | $2.2M | $336K | 25x | as long as short |
| OKX JUP-USDT-SWAP | −0.151% | −0.0118% | 4h | $4.3M | $16.0M | 50x | as long as short |
| Bybit JUPUSDT | −0.108% | +0.0100% | 4h | $17.2M | $22.0M | 50x | as long as short |
| Bulk JUP-USD | −0.085% | +0.0100% | 1h | $60K | $262 | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget JUPUSDT | −0.085% | +0.0100% | 4h | $5.7M | $8.7M | 75x | as long as short |
| Orderly PERP_JUP_USDC | −0.085% | +0.0099% | 4h | $25K | $34K | 10x | as long as short |
| BloFin JUP-USDT | −0.085% | +0.0141% | 4h | $978K | $253K | 50x | as long as short |
| Aster JUPUSDT | −0.071% | +0.0078% | 4h | $125K | $357K | 10x | as long as short |
| Backpack JUP_USDC_PERPshort | −0.068% | −0.0073% | 1h | $989K | $274K | 10x | |
| Gate JUP_USDT | −0.051% | +0.0010% | 4h | $809K | $1.8M | 75x | as long as short |
| BingX JUP-USDT | −0.051% | +0.0100% | 4h | — | $21.0M | — | as long as short |
| Variational Omni JUP | −0.044% | +0.0100% | 4h | $738K | $1.2M | — | as long as short |
| 01 Exchange JUPUSD | −0.035% | −0.0088% | 1h | $27K | $20K | 5x | as long as short |
| Deribit JUP_USDC-PERPETUAL | −0.031% | 0.0000% | 1h | $58K | $13K | 10x | as long as short |
| Kraken Futures PF_JUPUSD | −0.028% | +0.0426% | 1h | $631K | $567K | 20x | as long as short |
| KuCoin JUPUSDTM | −0.018% | +0.0100% | 4h | $4.2M | $7.4M | 50x | as long as short |
| Binance JUPUSDTlong | 0.000% | +0.0100% | 4h | $17.1M | $54.2M | 75x | |
| GMX JUP/USD [WBTC.b-USDC] | +0.005% | L −0.0116% / S +0.0042% | 1h | $11K | — | 100x | as long as short |
| Lighter JUP | +0.005% | +0.0096% | 1h | $890K | $1.0M | 10x | as long as short |
| MEXC JUP_USDT | +0.015% | +0.0100% | 4h | $8.2M | $7.0M | 200x | as long as short |
| gTrade (Gains Network) JUP/USD | +0.020% | L +0.0002% / S −0.0001% | 1h | $17K | — | 150x | as long as short |
| Polymarket Perps JUP-USD | +0.059% | +0.0100% | 1h | $95K | $148K | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.085% | +0.0208% | 1h | $78K | $165K | 50x | as long as short |
| Hyperliquid JUP | +0.089% | +0.0100% | 1h | $19.8M | $12.9M | 10x | as long as short |
| Paradex JUP-USD-PERP | +0.089% | +0.0088% | 8h | $9K | $15K | 10x | as long as short |
| Pacifica JUP | +0.180% | +0.0056% | 1h | $287K | $182K | 10x | as long as short |
| Phemex JUPUSDT | +0.182% | +0.0126% | 4h | $2.9M | $4.0M | 50x | as long as short |
| dYdX JUP-USD | +0.272% | +0.1989% | 1h | $39K | $40K | 5x | as long as short |
| Phoenix JUP | +0.315% | +0.0131% | 1h | $41K | $355K | 10x | as long as short |