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: KuCoin against BingX+0.068%7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$870.870% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.078%−$8 on $10k

Price spread, last 7 days−0.061%−$6 · spread now +0.068%, 7d avg +0.059%

Together, before fees−0.139%−$14 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	0.2943	0.0100	pay 0.0050% / 4h	21m 26s	—	$20.7M	—
Short	KuCoin JUPUSDTM	0.2945	0.0100	get 0.0050% / 4h	21m 26s	$4.0M	$6.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.068%Rate

Funding earned: $0
Price spread: +0.068% → +0.059%: $0.91
Slippage, 4 orders: −$65
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$86.09
Costs to cover: 0.870%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; KuCoin: 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 BingX live order book, 2 min ago	1.70 bp	6.7 bp −$7	9.1 bp −$91	21.2 bp −$2,118	74.6 bp −$37.3K
Sell KuCoin live order book, 1 min ago	5.10 bp	27.4 bp −$27	109.0 bp −$1,090	doesn't fit	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	−0.4661%	1h	0.2907	−1.223%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2944	+0.047%	$16K	—	100x	as long as short
Pacifica JUP	−0.0125%	1h	0.2944	+0.020%	$280K	$146K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2945	+0.075%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2945	+0.077%	—	—	150x	as long as short
dYdX JUP-USD	+0.0012%	1h	0.2945	+0.084%	$38K	$25K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2942	−0.043%	—	—	20x	as long as short
Kraken Futures PF_JUPUSD	+0.0096%	1h	0.2946	+0.117%	$590K	$480K	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2946	+0.105%	$778K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0099%	8h	0.2943	−0.017%	$9K	$11K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado JUP-PERP	+0.0100%	1h	0.2942	−0.034%	$592K	$491K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2946	+0.116%	$18.5M	$9.4M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2945	+0.078%	$110K	$289K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2943	+0.008%	$16.2M	$41.5M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2940	−0.088%	$15.8M	$18.4M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2942	−0.034%	$4.0M	$11.6M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2944	+0.034%	$61K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2944	+0.034%	$726K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2943	0.000%	$7.3M	$6.4M	200x	as long as short
KuCoin JUPUSDTMshort	+0.0100%	4h	0.2945	+0.068%	$4.0M	$6.6M	50x
Bitget JUPUSDT	+0.0100%	4h	0.2945	+0.068%	$5.7M	$5.6M	75x	as long as short
BingX JUP-USDTlong	+0.0100%	4h	0.2943	long leg	—	$20.7M	—
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2944	+0.027%	$972K	$237K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2942	−0.035%	$719K	$641K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2945	+0.068%	$1.6M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2950	+0.238%	$157K	$253K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2945	+0.071%	$93K	$105K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2946	+0.102%	$30K	$42K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2939	−0.136%	$110K	$47K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2949	+0.204%	$2.9M	$3.2M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2943	0.000%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0168%	1h	0.2944	+0.044%	$26K	$17K	5x	as long as short
Coinbase International JUP-PERP-INTX	+0.0208%	1h	0.2954	+0.381%	$75K	$50K	50x	as long as short
Phoenix JUP	+0.0271%	1h	0.2948	+0.153%	$97K	$304K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2945	+0.068%	$834K	$383K	50x	as long as short
Extended JUP-USD	+0.0448%	1h	0.2941	−0.077%	$2.2M	$502K	25x	as long as short