Settings8H · net · $10k
Funding arb · Price arb /

JUP

all JUP markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.115%−$11 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit JUPUSDT0.2968−0.0056get 0.0028% / 4h23m 09s$16.2M$22.3M50x
ShortKuCoin JUPUSDTM0.29710.0100get 0.0050% / 4h23m 09s$4.2M$7.0M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, just now3.37 bp13.6 bp −$1438.1 bp −$381322.1 bp −$32.2Kdoesn't fit
Sell KuCoin live order book, 5 min ago5.03 bp43.4 bp −$43109.4 bp −$1,094doesn't fitdoesn't fit

JUP on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective JUP/USDC PERP−0.4371%1h0.2950−0.606%$3K$206K5.5xas long as short
GMX JUP/USD [WBTC.b-USDC]L −0.0275% / S +0.0618%1h0.2971+0.101%$16K100xas long as short
Kraken Futures PF_JUPUSD−0.0209%1h0.2973+0.163%$599K$597K20xas long as short
Pacifica JUP−0.0199%1h0.2971+0.103%$283K$167K10xas long as short
Bybit JUPUSDTlong−0.0056%4h0.2968long leg$16.2M$22.3M50x
Deribit JUP_USDC-PERPETUAL−0.0019%1h0.2972+0.131%$56K$14K10xas long as short
01 Exchange JUPUSD0.0000%1h0.2967−0.027%$26K$19K5xas long as short
gTrade (Gains Network) JUP/USDL +0.0002% / S −0.0001%1h0.2970+0.083%$17K150xas long as short
Gate JUP_USDT+0.0046%4h0.29680.000%$741K$1.8M75xas long as short
Reya JUPRUSDPERP+0.0057%1h0.2968−0.006%20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX JUP-USD+0.0059%1h0.2973+0.185%$39K$33K5xas long as short
Variational Omni JUP+0.0075%4h0.2975+0.241%$720K$880Kas long as short
Paradex JUP-USD-PERP+0.0085%8h0.2970+0.084%$9K$13K10xas long as short
OKX JUP-USDT-SWAP+0.0093%4h0.2969+0.034%$4.1M$16.2M50xas long as short
Lighter JUP+0.0096%1h0.2974+0.195%$795K$1.4M10xas long as short
Orderly PERP_JUP_USDC+0.0099%4h0.2971+0.101%$31K$48K10xas long as short
Nado JUP-PERP+0.0100%1h0.2969+0.025%$613K$654K10xas long as short
Aster JUPUSDT+0.0100%4h0.2972+0.132%$115K$361K10xas long as short
Binance JUPUSDT+0.0100%4h0.2970+0.073%$16.3M$52.8M75xas long as short
Bulk JUP-USD+0.0100%1h0.2981+0.441%$58K$2K10xas long as short
MEXC JUP_USDT+0.0100%4h0.2971+0.101%$8.1M$7.7M200xas long as short
KuCoin JUPUSDTMshort+0.0100%4h0.2971+0.101%$4.2M$7.0M50x
Bitget JUPUSDT+0.0100%4h0.2971+0.101%$5.8M$7.5M75xas long as short
BingX JUP-USDT+0.0100%4h0.2970+0.067%$20.9Mas long as short
Backpack JUP_USDC_PERP+0.0100%1h0.2971+0.115%$983K$238K10xas long as short
GRVT JUP_USDT_Perp+0.0100%4h0.2982+0.465%$1.7M$3.8M10xas long as short
ApeX Omni JUPUSDT+0.0100%1h0.2975+0.236%$158K$319K50xas long as short
Polymarket Perps JUP-USD+0.0100%1h0.2974+0.199%$94K$126K10xas long as short
HTX JUP-USDT+0.0100%4h0.2962−0.202%$111K$65K20xas long as short
Phemex JUPUSDT+0.0100%4h0.2975+0.236%$2.9M$3.9M50xas long as short
Aevo JUP-PERP+0.0104%1h0.2969+0.020%$40K3xas long as short
Hyperliquid JUP+0.0121%1h0.2976+0.266%$19.1M$13.0M10xas long as short
BloFin JUP-USDT+0.0139%4h0.2969+0.034%$848K$319K50xas long as short
Phoenix JUP+0.0162%1h0.2984+0.526%$97K$479K10xas long as short
Extended JUP-USD+0.0232%1h0.2968+0.016%$2.2M$507K25xas long as short
Coinbase International JUP-PERP-INTX+0.0256%1h0.3000+1.092%$75K$92K50xas long as short