JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0346%/8h= −37.9% APRnext payment −$1.73 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Binance−0.098%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$550.547% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 7 days+0.105%+$10 · spread now −0.098%, 7d avg −0.023%

Together, before fees+0.131%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bybit is 0.075% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.023%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.026% in total (about 1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.73 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance JUPUSDT	0.2963	0.0100	pay 0.0050% / 4h	2h 32m	$16.4M	$56.4M	75x
Short	Bybit JUPUSDT	0.2960	−0.0246	pay 0.0123% / 4h	2h 32m	$16.2M	$24.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.098%Rate

Funding earned: −$72.73
Price spread: −0.098% → −0.023%: −$7.45
Slippage, 4 orders: −$33.65
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$134.84
Costs to cover: 0.547%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 1 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, 10 min ago	1.68 bp	13.2 bp −$13	29.9 bp −$299	290.6 bp −$29.1K	doesn't fit
Sell Bybit live order book, 1 min ago	1.69 bp	20.0 bp −$20	46.7 bp −$467	194.3 bp −$19.4K	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	−0.5000%	1h	0.2930	−1.114%	$3K	$154K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0810% / S +0.0278%	1h	0.2964	+0.043%	$13K	—	100x	as long as short
Bybit JUPUSDTshort	−0.0246%	4h	0.2960	−0.098%	$16.2M	$24.2M	50x
Phoenix JUP	0.0000%	1h	0.2970	+0.223%	$94K	$447K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2965	+0.064%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2965	+0.073%	$17K	—	150x	as long as short
Gate JUP_USDT	+0.0006%	4h	0.2963	0.000%	$739K	$1.9M	75x	as long as short
Kraken Futures PF_JUPUSD	+0.0009%	1h	0.2965	+0.069%	$601K	$624K	20x	as long as short
dYdX JUP-USD	+0.0040%	1h	0.2963	−0.004%	$39K	$36K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2961	−0.080%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange JUPUSD	+0.0064%	1h	0.2963	−0.013%	$26K	$19K	5x	as long as short
Variational Omni JUP	+0.0090%	4h	0.2959	−0.122%	$724K	$1.2M	—	as long as short
Paradex JUP-USD-PERP	+0.0091%	8h	0.2962	−0.027%	$9K	$15K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2966	+0.108%	$878K	$1.3M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2964	+0.034%	$31K	$51K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2961	−0.076%	$597K	$670K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2966	+0.105%	$19.0M	$14.1M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2963	+0.010%	$107K	$367K	10x	as long as short
Pacifica JUP	+0.0100%	1h	0.2962	−0.051%	$282K	$183K	10x	as long as short
Binance JUPUSDTlong	+0.0100%	4h	0.2963	long leg	$16.4M	$56.4M	75x
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2962	−0.034%	$4.1M	$16.7M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2962	−0.034%	$8.1M	$8.1M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2965	+0.067%	$4.5M	$7.2M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2962	−0.034%	$5.6M	$8.5M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2963	0.000%	—	$21.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2963	−0.007%	$982K	$267K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2966	+0.093%	$1.6M	$4.1M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2965	+0.067%	$158K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2966	+0.088%	$93K	$138K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2956	−0.236%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2970	+0.236%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2965	+0.084%	$58K	$4K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2961	−0.054%	$40K	—	3x	as long as short
BloFin JUP-USDT	+0.0123%	4h	0.2961	−0.067%	$860K	$328K	50x	as long as short
Coinbase International JUP-PERP-INTX	+0.0248%	1h	0.2988	+0.834%	$74K	$95K	50x	as long as short
Extended JUP-USD	+0.0264%	1h	0.2962	−0.045%	$2.2M	$539K	25x	as long as short