Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: MEXC against Bulk+0.012%7-day average — · you sell dearer than you buy

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

Long on Bulk Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk JUP-USD	0.2983	0.0100	pay 0.0013% / 1h	48m 56s	$58K	$2K	10x
Short	MEXC JUP_USDT	0.2983	0.0100	get 0.0050% / 4h	48m 56s	$8.1M	$7.7M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bulk. 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 BulkbpFee MEXCbpOrdersPrice spread, now +0.012%Rate

Funding earned: $0
Price spread: +0.012% → 0.000%: $1.23
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee MEXC: 0 bp × 2 orders: $0
Net: −$5.77
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Bulk: no order-book sample; MEXC: live order book, 4 min ago. 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 Bulk no order-book sample	—	—	—	—	—
Sell MEXC live order book, 4 min ago	1.68 bp	5.6 bp −$6	11.8 bp −$118	82.0 bp −$8,198	243.3 bp −$121.6K

Bulk: 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	−0.4371%	1h	0.2944	−1.295%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0398% / S +0.0663%	1h	0.2982	−0.008%	$15K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0208%	1h	0.2982	−0.015%	$602K	$621K	20x	as long as short
Pacifica JUP	−0.0199%	1h	0.2981	−0.039%	$284K	$169K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2981	−0.048%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2982	−0.005%	$17K	—	150x	as long as short
BloFin JUP-USDT	+0.0053%	4h	0.2980	−0.088%	$846K	$330K	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2980	−0.101%	—	—	20x	as long as short
Bybit JUPUSDT	+0.0068%	4h	0.2980	−0.098%	$16.3M	$23.0M	50x	as long as short
Gate JUP_USDT	+0.0070%	4h	0.2980	−0.088%	$749K	$1.8M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange JUPUSD	+0.0080%	1h	0.2984	+0.063%	$26K	$19K	5x	as long as short
Paradex JUP-USD-PERP	+0.0083%	8h	0.2982	−0.007%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2983	+0.016%	$799K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2981	−0.038%	$615K	$663K	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2982	−0.007%	$109K	$363K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2982	−0.021%	$16.4M	$53.9M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2980	−0.088%	$4.1M	$16.5M	50x	as long as short
Bulk JUP-USDlong	+0.0100%	1h	0.2983	long leg	$58K	$2K	10x
MEXC JUP_USDTshort	+0.0100%	4h	0.2983	+0.012%	$8.1M	$7.7M	200x
KuCoin JUPUSDTM	+0.0100%	4h	0.2982	−0.021%	$4.3M	$7.0M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2982	−0.021%	$5.9M	$8.1M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2980	−0.088%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2982	−0.025%	$987K	$246K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2978	−0.151%	$718K	$1.0M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2983	+0.001%	$1.6M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2982	−0.021%	$159K	$320K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2988	+0.177%	$94K	$129K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2981	−0.055%	$31K	$49K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2974	−0.289%	$112K	$67K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2986	+0.113%	$2.9M	$4.0M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2979	−0.118%	$41K	—	3x	as long as short
dYdX JUP-USD	+0.0127%	1h	0.2981	−0.039%	$39K	$34K	5x	as long as short
Phoenix JUP	+0.0162%	1h	0.2987	+0.133%	$97K	$479K	10x	as long as short
Hyperliquid JUP	+0.0178%	1h	0.2986	+0.102%	$19.2M	$13.2M	10x	as long as short
Extended JUP-USD	+0.0224%	1h	0.2981	−0.056%	$2.2M	$506K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.2987	+0.140%	$74K	$95K	50x	as long as short