Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against BingX+0.028%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$410.406% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.052%−$5 on $10k

Price spread, last 7 days−0.007%−$1 · spread now +0.028%, 7d avg +0.016%

Together, before fees−0.059%−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX JUP-USDT	0.2960	0.0100	pay 0.0050% / 4h	2h 28m	—	$20.8M	—
Short	Binance JUPUSDT	0.2961	0.0100	get 0.0050% / 4h	2h 28m	$16.4M	$46.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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 BingXbpFee BinancebpOrdersPrice spread, now +0.028%Rate

Funding earned: $0
Price spread: +0.028% → +0.016%: $1.22
Slippage, 4 orders: −$20.65
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$39.42
Costs to cover: 0.406%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; Binance: live order book, 14 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 BingX live order book, 5 min ago	3.40 bp	8.4 bp −$8	11.4 bp −$114	22.3 bp −$2,227	116.3 bp −$58.2K
Sell Binance live order book, 14 min ago	1.70 bp	11.4 bp −$11	28.4 bp −$284	133.1 bp −$13.3K	doesn't fit

JUP on 35 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	−0.4347%	1h	0.2901	−1.993%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0353%	1h	0.2956	−0.131%	$282K	$148K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0619%	1h	0.2960	−0.001%	$16K	—	100x	as long as short
Bybit JUPUSDT	−0.0212%	4h	0.2958	−0.068%	$15.9M	$20.2M	50x	as long as short
OKX JUP-USDT-SWAP	−0.0058%	4h	0.2961	+0.034%	$4.1M	$14.4M	50x	as long as short
Kraken Futures PF_JUPUSD	−0.0024%	1h	0.2962	+0.080%	$593K	$522K	20x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2962	+0.068%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2959	−0.023%	—	—	150x	as long as short
Variational Omni JUP	+0.0009%	4h	0.2947	−0.438%	$720K	$751K	—	as long as short
dYdX JUP-USD	+0.0017%	1h	0.2956	−0.142%	$39K	$29K	5x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate JUP_USDT	+0.0028%	4h	0.2959	−0.034%	$732K	$1.5M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2959	−0.041%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0089%	8h	0.2956	−0.130%	$9K	$11K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2964	+0.145%	$783K	$1.3M	10x	as long as short
01 Exchange JUPUSD	+0.0096%	1h	0.2960	0.000%	$26K	$19K	5x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2962	+0.068%	$31K	$43K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2957	−0.084%	$601K	$599K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2965	+0.169%	$18.9M	$11.1M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2959	−0.034%	$114K	$320K	10x	as long as short
Binance JUPUSDTshort	+0.0100%	4h	0.2961	+0.028%	$16.4M	$46.4M	75x
Bulk JUP-USD	+0.0100%	1h	0.2936	−0.807%	$61K	$8K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2961	+0.034%	$7.4M	$7.0M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2960	0.000%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2961	+0.034%	$5.8M	$6.5M	75x	as long as short
BingX JUP-USDTlong	+0.0100%	4h	0.2960	long leg	—	$20.8M	—
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2963	+0.095%	$981K	$235K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2948	−0.405%	$1.6M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2952	−0.270%	$157K	$303K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2961	+0.020%	$94K	$110K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2953	−0.236%	$111K	$49K	20x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2960	−0.006%	$40K	—	3x	as long as short
Phoenix JUP	+0.0188%	1h	0.2960	−0.007%	$97K	$402K	10x	as long as short
Phemex JUPUSDT	+0.0226%	4h	0.2963	+0.101%	$2.9M	$3.6M	50x	as long as short
Coinbase International JUP-PERP-INTX	+0.0272%	1h	0.2959	−0.017%	$75K	$52K	50x	as long as short
Extended JUP-USD	+0.0336%	1h	0.2960	+0.008%	$2.2M	$488K	25x	as long as short