Funding you earn now, next payment 00:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against BloFin−0.188%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$510.509% of the position
Funding, last 7 days−0.363%−$36 on $10k
+Price spread, last 3 days (all we have)+0.058%+$6 · spread now −0.188%, 7d avg +0.001%
=Funding pays, the price is against you. Binance is 0.188% cheaper against BloFin than usual: you would sell low and buy high (spread −0.188% now, against its 7-day average of +0.001%). If the spread goes back, that is −$19 on $10k: about 17 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.363%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin JUP-USDT | 0.2985 | 0.0063 | pay 0.0032% / 4h | 2h 22m | $859K | $331K | 50x |
| Short | Binance JUPUSDT | 0.2979 | 0.0100 | get 0.0050% / 4h | 2h 22m | $16.5M | $56.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $7.7
- Price spread: −0.188% → +0.001%
- −$18.83
- Slippage, 4 orders
- −$28.86
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$62
- Costs to cover
- 0.509%
- Break-even
- 63.4 days
Slippage from BloFin: live order book, 64 min ago; Binance: live order book, 4 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 BloFin live order book, 64 min ago | 1.67 bp | 16.7 bp −$17 | 20.8 bp −$208 | 110.8 bp −$11.1K | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.68 bp | 10.7 bp −$11 | 30.1 bp −$301 | 142.9 bp −$14.3K | 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 | 0.2933 | −1.742% | $3K | $154K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0845% / S +0.0289% | 1h | 0.2981 | −0.132% | $13K | — | 100x | as long as short |
| Bybit JUPUSDT | −0.0114% | 4h | 0.2978 | −0.235% | $16.3M | $24.1M | 50x | as long as short |
| Phoenix JUP | 0.0000% | 1h | 0.2986 | +0.044% | $95K | $447K | 10x | as long as short |
| Deribit JUP_USDC-PERPETUAL | 0.0000% | 1h | 0.2982 | −0.090% | $56K | $14K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0002% / S −0.0001% | 1h | 0.2983 | −0.079% | $17K | — | 150x | as long as short |
| Kraken Futures PF_JUPUSD | +0.0009% | 1h | 0.2982 | −0.087% | $605K | $624K | 20x | as long as short |
| dYdX JUP-USD | +0.0032% | 1h | 0.2983 | −0.072% | $39K | $36K | 5x | as long as short |
| Gate JUP_USDT | +0.0044% | 4h | 0.2979 | −0.201% | $742K | $1.9M | 75x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2979 | −0.214% | — | — | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin JUP-USDTlong | +0.0063% | 4h | 0.2985 | long leg | $859K | $331K | 50x | |
| 01 Exchange JUPUSD | +0.0064% | 1h | 0.2984 | −0.037% | $26K | $19K | 5x | as long as short |
| Paradex JUP-USD-PERP | +0.0092% | 8h | 0.2979 | −0.196% | $9K | $15K | 10x | as long as short |
| Variational Omni JUP | +0.0094% | 4h | 0.2982 | −0.087% | $728K | $1.2M | — | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2982 | −0.101% | $874K | $1.3M | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0099% | 4h | 0.2982 | −0.101% | $31K | $51K | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2980 | −0.151% | $601K | $670K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2983 | −0.054% | $19.1M | $14.0M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2981 | −0.129% | $107K | $367K | 10x | as long as short |
| Pacifica JUP | +0.0100% | 1h | 0.2980 | −0.176% | $284K | $183K | 10x | as long as short |
| Binance JUPUSDTshort | +0.0100% | 4h | 0.2979 | −0.188% | $16.5M | $56.4M | 75x | |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2979 | −0.201% | $4.1M | $16.8M | 50x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2979 | −0.201% | $8.1M | $8.1M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2983 | −0.067% | $4.5M | $7.2M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2980 | −0.168% | $5.7M | $8.5M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2979 | −0.201% | — | $20.9M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2981 | −0.134% | $988K | $267K | 10x | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2980 | −0.171% | $1.6M | $4.2M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2978 | −0.235% | $158K | $319K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2986 | +0.034% | $94K | $138K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2975 | −0.335% | $112K | $69K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2986 | +0.034% | $2.9M | $4.1M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2961 | −0.794% | $57K | $4K | 10x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2979 | −0.201% | $41K | — | 3x | as long as short |
| Extended JUP-USD | +0.0248% | 1h | 0.2979 | −0.214% | $2.2M | $539K | 25x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0248% | 1h | 0.2989 | +0.151% | $74K | $95K | 50x | as long as short |
BloFin JUP-USDT
Binance JUPUSDT
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
Bybit JUPUSDT
Phoenix JUP
Deribit JUP_USDC-PERPETUAL
gTrade (Gains Network) JUP/USD
Kraken Futures PF_JUPUSD
Gate JUP_USDT
01 Exchange JUPUSD
Paradex JUP-USD-PERP
Variational Omni JUP
Lighter JUP
Hyperliquid JUP
Aster JUPUSDT
Pacifica JUP
OKX JUP-USDT-SWAP
MEXC JUP_USDT
KuCoin JUPUSDTM
Bitget JUPUSDT
BingX JUP-USDT
Backpack JUP_USDC_PERP
GRVT JUP_USDT_Perp
ApeX Omni JUPUSDT
Polymarket Perps JUP-USD
HTX JUP-USDT
Phemex JUPUSDT
Bulk JUP-USD
Extended JUP-USD
Coinbase International JUP-PERP-INTX