Funding you earn now, next payment 00:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.78 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.101%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$990.991% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 7 days−0.059%−$6 · spread now +0.101%, 7d avg +0.068%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.033% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.068%. Mind the row above: over the last 7 days funding on this pair cost −0.056%, 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 | Bybit JUPUSDT | 0.2968 | −0.0056 | get 0.0028% / 4h | 23m 09s | $16.2M | $22.3M | 50x |
| Short | KuCoin JUPUSDTM | 0.2971 | 0.0100 | get 0.0050% / 4h | 23m 09s | $4.2M | $7.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- $32.77
- Price spread: +0.101% → +0.068%
- $3.33
- Slippage, 4 orders
- −$76.14
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$63.05
- Costs to cover
- 0.991%
- Break-even
- 20.5 days
Slippage from Bybit: live order book, just now; KuCoin: 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 Bybit live order book, just now | 3.37 bp | 13.6 bp −$14 | 38.1 bp −$381 | 322.1 bp −$32.2K | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 5.03 bp | 43.4 bp −$43 | 109.4 bp −$1,094 | 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 | −0.4371% | 1h | 0.2950 | −0.606% | $3K | $206K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0275% / S +0.0618% | 1h | 0.2971 | +0.101% | $16K | — | 100x | as long as short |
| Kraken Futures PF_JUPUSD | −0.0209% | 1h | 0.2973 | +0.163% | $599K | $597K | 20x | as long as short |
| Pacifica JUP | −0.0199% | 1h | 0.2971 | +0.103% | $283K | $167K | 10x | as long as short |
| Bybit JUPUSDTlong | −0.0056% | 4h | 0.2968 | long leg | $16.2M | $22.3M | 50x | |
| Deribit JUP_USDC-PERPETUAL | −0.0019% | 1h | 0.2972 | +0.131% | $56K | $14K | 10x | as long as short |
| 01 Exchange JUPUSD | 0.0000% | 1h | 0.2967 | −0.027% | $26K | $19K | 5x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0002% / S −0.0001% | 1h | 0.2970 | +0.083% | $17K | — | 150x | as long as short |
| Gate JUP_USDT | +0.0046% | 4h | 0.2968 | 0.000% | $741K | $1.8M | 75x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2968 | −0.006% | — | — | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX JUP-USD | +0.0059% | 1h | 0.2973 | +0.185% | $39K | $33K | 5x | as long as short |
| Variational Omni JUP | +0.0075% | 4h | 0.2975 | +0.241% | $720K | $880K | — | as long as short |
| Paradex JUP-USD-PERP | +0.0085% | 8h | 0.2970 | +0.084% | $9K | $13K | 10x | as long as short |
| OKX JUP-USDT-SWAP | +0.0093% | 4h | 0.2969 | +0.034% | $4.1M | $16.2M | 50x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2974 | +0.195% | $795K | $1.4M | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0099% | 4h | 0.2971 | +0.101% | $31K | $48K | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2969 | +0.025% | $613K | $654K | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2972 | +0.132% | $115K | $361K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2970 | +0.073% | $16.3M | $52.8M | 75x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2981 | +0.441% | $58K | $2K | 10x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2971 | +0.101% | $8.1M | $7.7M | 200x | as long as short |
| KuCoin JUPUSDTMshort | +0.0100% | 4h | 0.2971 | +0.101% | $4.2M | $7.0M | 50x | |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2971 | +0.101% | $5.8M | $7.5M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2970 | +0.067% | — | $20.9M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2971 | +0.115% | $983K | $238K | 10x | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2982 | +0.465% | $1.7M | $3.8M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2975 | +0.236% | $158K | $319K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2974 | +0.199% | $94K | $126K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2962 | −0.202% | $111K | $65K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2975 | +0.236% | $2.9M | $3.9M | 50x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2969 | +0.020% | $40K | — | 3x | as long as short |
| Hyperliquid JUP | +0.0121% | 1h | 0.2976 | +0.266% | $19.1M | $13.0M | 10x | as long as short |
| BloFin JUP-USDT | +0.0139% | 4h | 0.2969 | +0.034% | $848K | $319K | 50x | as long as short |
| Phoenix JUP | +0.0162% | 1h | 0.2984 | +0.526% | $97K | $479K | 10x | as long as short |
| Extended JUP-USD | +0.0232% | 1h | 0.2968 | +0.016% | $2.2M | $507K | 25x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0256% | 1h | 0.3000 | +1.092% | $75K | $92K | 50x | as long as short |
Bybit JUPUSDT
KuCoin JUPUSDTM
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
Kraken Futures PF_JUPUSD
Pacifica JUP
Deribit JUP_USDC-PERPETUAL
01 Exchange JUPUSD
gTrade (Gains Network) JUP/USD
Gate JUP_USDT
Variational Omni JUP
Paradex JUP-USD-PERP
OKX JUP-USDT-SWAP
Lighter JUP
Aster JUPUSDT
Binance JUPUSDT
Bulk JUP-USD
MEXC JUP_USDT
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
Hyperliquid JUP
BloFin JUP-USDT
Phoenix JUP
Extended JUP-USD
Coinbase International JUP-PERP-INTX