Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0049%/8h= +5.3% APRpaid last 24h +1.163%

Price spread now: dYdX against BloFin−0.015%92s7-day average — · you buy dearer than you sell

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

Long on BloFin Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 92 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	BloFin JUP-USDT	0.2987	0.0072	pay 0.0036% / 4h	3h 55m	$844K	$305K	50x
Short	dYdX JUP-USD	0.2987	0.0121	get 0.0015% / 1h	55m 16s	$39K	$32K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against BloFin. 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 BloFinbpFee dYdXbpOrdersPrice spread, now −0.015%Rate

Funding earned: $10.26
Price spread: −0.015% → 0.000%: −$1.5
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$13.24
Costs to cover: 0.220%
Break-even: 16.0 days

Slippage unknown: BloFin: live order book, 17 min ago; dYdX: 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 BloFin live order book, 17 min ago	5.06 bp	20.3 bp −$20	28.1 bp −$281	117.9 bp −$11.8K	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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 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	−0.4634%	1h	0.2945	−1.406%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0356%	1h	0.2987	+0.003%	$285K	$158K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0210% / S +0.0573%	1h	0.2980	−0.218%	$16K	—	100x	as long as short
ApeX Omni JUPUSDT	−0.0170%	1h	0.2987	0.000%	$159K	$319K	50x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0153%	1h	0.2979	−0.261%	$56K	$14K	10x	as long as short
Kraken Futures PF_JUPUSD	−0.0102%	1h	0.2980	−0.228%	$601K	$549K	20x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2981	−0.184%	$17K	—	150x	as long as short
OKX JUP-USDT-SWAP	+0.0034%	4h	0.2976	−0.368%	$4.1M	$16.0M	50x	as long as short
01 Exchange JUPUSD	+0.0048%	1h	0.2980	−0.241%	$26K	$19K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2978	−0.315%	—	—	20x	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	+0.0064%	4h	0.2987	+0.003%	$723K	$776K	—	as long as short
BloFin JUP-USDTlong	+0.0072%	4h	0.2987	long leg	$844K	$305K	50x
Paradex JUP-USD-PERP	+0.0083%	8h	0.2982	−0.168%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2990	+0.090%	$798K	$1.3M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2981	−0.201%	$31K	$47K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2978	−0.301%	$618K	$647K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2984	−0.084%	$19.2M	$13.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2986	−0.020%	$116K	$357K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2981	−0.209%	$16.4M	$51.4M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2981	−0.198%	$16.2M	$21.6M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2979	−0.268%	$62K	$9K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2984	−0.100%	$744K	$1.5M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2982	−0.167%	$8.1M	$7.2M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2987	0.000%	$4.3M	$6.8M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2978	−0.301%	$5.8M	$7.3M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2986	−0.033%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2993	+0.184%	$990K	$232K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2989	+0.054%	$1.6M	$3.7M	10x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2985	−0.060%	$94K	$119K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2986	−0.033%	$112K	$62K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2992	+0.167%	$2.9M	$3.8M	50x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2975	−0.387%	$2.2M	$501K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2980	−0.238%	$41K	—	3x	as long as short
dYdX JUP-USDshort	+0.0121%	1h	0.2987	−0.015%	$39K	$32K	5x
Phoenix JUP	+0.0162%	1h	0.2990	+0.097%	$97K	$469K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0280%	1h	0.2996	+0.308%	$75K	$88K	50x	as long as short