Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against BingX+0.135%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$420.425% of the position
Funding, last 7 days+0.301%+$30 on $10k
+Price spread, last 4 days (all we have)+0.238%+$24 · spread now +0.135%, 7d avg +0.022%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.113% dearer against BingX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX JUP-USDT | 0.2959 | 0.0100 | pay 0.0050% / 4h | 1h 36m | — | $20.8M | — |
| Short | BloFin JUP-USDT | 0.2963 | 0.0340 | get 0.0170% / 4h | 1h 36m | $840K | $371K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $50.4
- Price spread: +0.135% → +0.022%
- $11.35
- Slippage, 4 orders
- −$20.45
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $19.3
- Costs to cover
- 0.425%
- Break-even
- 4.3 days
Slippage from BingX: live order book, 2 min ago; BloFin: live order book, 5 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, 2 min ago | 3.39 bp | 8.4 bp −$8 | 11.4 bp −$114 | 23.8 bp −$2,385 | 86.5 bp −$43.3K |
| Sell BloFin live order book, 5 min ago | 3.40 bp | 9.4 bp −$9 | 22.2 bp −$222 | 82.0 bp −$8,195 | 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 | 0.2918 | −1.386% | $3K | $206K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0340% / S +0.0664% | 1h | 0.2961 | +0.061% | $16K | — | 100x | as long as short |
| Pacifica JUP | −0.0224% | 1h | 0.2950 | −0.304% | $281K | $147K | 10x | as long as short |
| Deribit JUP_USDC-PERPETUAL | 0.0000% | 1h | 0.2960 | +0.047% | $54K | $16K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0001% / S −0.0001% | 1h | 0.2960 | +0.041% | — | — | 150x | as long as short |
| Bybit JUPUSDT | +0.0003% | 4h | 0.2957 | −0.068% | $15.8M | $19.2M | 50x | as long as short |
| Backpack JUP_USDC_PERP | +0.0010% | 1h | 0.2962 | +0.112% | $984K | $256K | 10x | as long as short |
| OKX JUP-USDT-SWAP | +0.0042% | 4h | 0.2963 | +0.135% | $4.1M | $12.6M | 50x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2957 | −0.051% | — | — | 20x | as long as short |
| dYdX JUP-USD | +0.0086% | 1h | 0.2955 | −0.125% | $39K | $27K | 5x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni JUP | +0.0093% | 4h | 0.2946 | −0.442% | $719K | $698K | — | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2967 | +0.264% | $785K | $1.1M | 10x | as long as short |
| Paradex JUP-USD-PERP | +0.0097% | 8h | 0.2954 | −0.177% | $9K | $11K | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2957 | −0.059% | $599K | $510K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2964 | +0.172% | $18.8M | $9.9M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2960 | +0.040% | $114K | $298K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2961 | +0.063% | $16.3M | $43.4M | 75x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2939 | −0.688% | $61K | $8K | 10x | as long as short |
| Gate JUP_USDT | +0.0100% | 4h | 0.2957 | −0.068% | $738K | $1.4M | 75x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2961 | +0.068% | $7.5M | $6.6M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2959 | 0.000% | $4.0M | $6.7M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2963 | +0.135% | $5.8M | $6.0M | 75x | as long as short |
| BingX JUP-USDTlong | +0.0100% | 4h | 0.2959 | long leg | — | $20.8M | — | |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2954 | −0.170% | $1.6M | $3.8M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2954 | −0.169% | $157K | $274K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2962 | +0.091% | $93K | $107K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2959 | 0.000% | $31K | $42K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2954 | −0.169% | $111K | $47K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2963 | +0.135% | $2.9M | $3.3M | 50x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2958 | −0.051% | $40K | — | 3x | as long as short |
| 01 Exchange JUPUSD | +0.0176% | 1h | 0.2957 | −0.054% | $26K | $19K | 5x | as long as short |
| Kraken Futures PF_JUPUSD | +0.0200% | 1h | 0.2961 | +0.058% | $591K | $494K | 20x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0240% | 1h | 0.2952 | −0.240% | $74K | $50K | 50x | as long as short |
| Phoenix JUP | +0.0244% | 1h | 0.2951 | −0.267% | $97K | $329K | 10x | as long as short |
| BloFin JUP-USDTshort | +0.0340% | 4h | 0.2963 | +0.135% | $840K | $371K | 50x | |
| Extended JUP-USD | +0.0344% | 1h | 0.2960 | +0.023% | $2.2M | $493K | 25x | as long as short |
BingX JUP-USDT
BloFin JUP-USDT
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
Pacifica JUP
Deribit JUP_USDC-PERPETUAL
gTrade (Gains Network) JUP/USD
Bybit JUPUSDT
Backpack JUP_USDC_PERP
OKX JUP-USDT-SWAP
Variational Omni JUP
Lighter JUP
Paradex JUP-USD-PERP
Hyperliquid JUP
Aster JUPUSDT
Binance JUPUSDT
Bulk JUP-USD
Gate JUP_USDT
MEXC JUP_USDT
KuCoin JUPUSDTM
Bitget JUPUSDT
GRVT JUP_USDT_Perp
ApeX Omni JUPUSDT
Polymarket Perps JUP-USD
HTX JUP-USDT
Phemex JUPUSDT
01 Exchange JUPUSD
Kraken Futures PF_JUPUSD
Coinbase International JUP-PERP-INTX
Phoenix JUP
Extended JUP-USD