Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h −0.007%

Price spread now: 01 Exchange against Binance+0.055%53s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on 01 Exchange

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and 01 Exchange is 0.055% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 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	0.2964	0.0100	pay 0.0050% / 4h	2h 20m	$16.3M	$37.5M	75x
Short	01 Exchange JUPUSD	0.2966	0.0176	get 0.0022% / 1h	20m 45s	$26K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.055%Rate

Funding earned: $15.96
Price spread: +0.055% → 0.000%: $5.48
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $4.44
Costs to cover: 0.170%
Break-even: 5.1 days

Slippage unknown: Binance: live order book, 14 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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, 14 min ago	3.37 bp	12.1 bp −$12	31.3 bp −$313	276.2 bp −$27.6K	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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 exchanges

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	−0.3614%	1h	0.3020	+1.883%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2965	+0.026%	$16K	—	100x	as long as short
Pacifica JUP	−0.0028%	1h	0.2969	+0.171%	$283K	$131K	10x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2967	+0.109%	$39K	$13K	5x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S 0.0000%	1h	0.2966	+0.066%	$18K	—	150x	as long as short
Deribit JUP_USDC-PERPETUAL	+0.0020%	1h	0.2967	+0.089%	$55K	$9K	10x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2969	+0.176%	—	—	20x	as long as short
ApeX Omni JUPUSDT	+0.0065%	1h	0.2961	−0.107%	$163K	$234K	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2967	+0.092%	$762K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0099%	8h	0.2966	+0.073%	$9K	$11K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado JUP-PERP	+0.0100%	1h	0.2967	+0.095%	$577K	$481K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2969	+0.163%	$18.3M	$8.6M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2966	+0.078%	$101K	$294K	10x	as long as short
Binance JUPUSDTlong	+0.0100%	4h	0.2964	long leg	$16.3M	$37.5M	75x
Bybit JUPUSDT	+0.0100%	4h	0.2964	+0.004%	$16.1M	$16.6M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2963	−0.040%	$4.1M	$10.0M	50x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2966	+0.062%	$709K	$1.3M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2966	+0.062%	$8.0M	$5.3M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2968	+0.129%	$4.0M	$6.9M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2967	+0.095%	$5.9M	$4.3M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2966	+0.062%	—	$21.5M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2968	+0.112%	$986K	$231K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2963	−0.043%	$717K	$462K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2960	−0.132%	$1.6M	$4.0M	10x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2970	+0.213%	$94K	$105K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2966	+0.062%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2961	−0.107%	$112K	$50K	20x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2964	+0.011%	$61K	$2K	10x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2965	+0.031%	$2.2M	$545K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2965	+0.027%	$40K	—	3x	as long as short
01 Exchange JUPUSDshort	+0.0176%	1h	0.2966	+0.055%	$26K	$2K	5x
Phemex JUPUSDT	+0.0224%	4h	0.2973	+0.298%	$2.9M	$2.8M	50x	as long as short
Phoenix JUP	+0.0318%	1h	0.2969	+0.166%	$98K	$265K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2967	+0.095%	$835K	$373K	50x	as long as short
Coinbase International JUP-PERP-INTX	+0.0360%	1h	0.2972	+0.271%	$82K	$57K	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0389%	1h	0.2969	+0.153%	$584K	$387K	20x	as long as short