After costs, if the gap returns to its 7d average, $10k−$55
spread now+0.272%7d average+0.191%fees + slippage, in and out−$64spread needed0.635%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit JUPUSDT | 0.2939 | −0.0023 | get 0.0011% / 4h | 55m 00s | $16.4M | $23.1M | 50x |
| Short | Phemex JUPUSDT | 0.2947 | 0.0100 | get 0.0050% / 4h | 55m 00s | $2.9M | $4.1M | 50x |
Bybit JUPUSDT
Phemex JUPUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $27.22
- Funding while held
- $3.69
- Slippage, 4 orders
- −$40.54
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$32.63
- Spread needed to break even
- 0.635%
Slippage from Bybit: live order book, 5 min ago; Phemex: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0123%
- Per $10,000 a day
- +$3.69
- Average in range /8h
- —
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, 5 min ago | 3.39 bp | 12.8 bp −$13 | 44.9 bp −$449 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 1.69 bp | 16.9 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
JUP price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2921cheapest
InjectiveBybit0.2939+0.616%
HTX0.2939+0.616%Reya0.2940+0.644%OKX0.2940+0.650%Gate0.2940+0.650%BloFin0.2940+0.650%Nado0.2940+0.659%Extended0.2940+0.664%Aevo0.2940+0.668%Paradex0.2941+0.679%Binance0.2941+0.685%Bitget0.2941+0.685%BingX0.2941+0.685%Pacifica0.2942+0.719%MEXC0.2942+0.719%Orderly0.2942+0.719%GMX0.2943+0.741%Backpack0.2943+0.743%Deribit0.2943+0.750%KuCoin0.2943+0.753%gTrade (Gains Network)0.2944+0.773%Aster0.2944+0.774%01 Exchange0.2944+0.794%dYdX0.2945+0.823%Hyperliquid0.2945+0.828%Lighter0.2945+0.832%Variational Omni0.2946+0.840%Polymarket Perps0.2946+0.849%Phoenix0.2946+0.870%Kraken Futures0.2947+0.876%
HTX
Reya
OKX
Gate
BloFin
Nado
Extended
Aevo
Paradex
Binance
Bitget
BingX
Pacifica
MEXC
Orderly
GMX
Backpack
Deribit
KuCoin
gTrade (Gains Network)
Aster
dYdX
Hyperliquid
Lighter
Variational Omni
Polymarket Perps
Phoenix
Kraken FuturesPhemex0.2947+0.890%
Coinbase International0.2948+0.921%ApeX Omni0.2948+0.924%Bulk0.2952+1.077%
Coinbase International
ApeX Omni
BulkJUP on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective JUP/USDC PERP | −0.612% | −0.2340% | 1h | $4K | $66K | 5.5x | as long as short |
| Bybit JUPUSDTlong | 0.000% | −0.0023% | 4h | $16.4M | $23.1M | 50x | |
| HTX JUP-USDT | 0.000% | +0.0100% | 4h | $110K | $69K | 20x | as long as short |
| Reya JUPRUSDPERP | +0.027% | +0.0057% | 1h | — | — | 20x | as long as short |
| OKX JUP-USDT-SWAP | +0.034% | +0.0028% | 4h | $4.1M | $16.4M | 50x | as long as short |
| Gate JUP_USDT | +0.034% | −0.0158% | 4h | $750K | $1.9M | 75x | as long as short |
| BloFin JUP-USDT | +0.034% | +0.0119% | 4h | $886K | $264K | 50x | as long as short |
| Nado JUP-PERP | +0.043% | +0.0100% | 1h | $591K | $639K | 10x | as long as short |
| Extended JUP-USD | +0.048% | +0.0488% | 1h | $2.2M | $519K | 25x | as long as short |
| Aevo JUP-PERP | +0.051% | +0.0104% | 1h | $40K | — | 3x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex JUP-USD-PERP | +0.062% | +0.0090% | 8h | $9K | $15K | 10x | as long as short |
| Binance JUPUSDT | +0.068% | +0.0100% | 4h | $16.5M | $56.1M | 75x | as long as short |
| Bitget JUPUSDT | +0.068% | +0.0100% | 4h | $5.6M | $8.7M | 75x | as long as short |
| BingX JUP-USDT | +0.068% | +0.0100% | 4h | — | $21.5M | — | as long as short |
| Pacifica JUP | +0.102% | +0.0100% | 1h | $281K | $164K | 10x | as long as short |
| MEXC JUP_USDT | +0.102% | +0.0100% | 4h | $8.4M | $7.9M | 200x | as long as short |
| Orderly PERP_JUP_USDC | +0.102% | +0.0096% | 4h | $24K | $40K | 10x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | +0.124% | L −0.0463% / S +0.0168% | 1h | $13K | — | 100x | as long as short |
| Backpack JUP_USDC_PERP | +0.126% | +0.0100% | 1h | $976K | $261K | 10x | as long as short |
| Deribit JUP_USDC-PERPETUAL | +0.133% | 0.0000% | 1h | $57K | $13K | 10x | as long as short |
| KuCoin JUPUSDTM | +0.136% | +0.0100% | 4h | $4.1M | $7.4M | 50x | as long as short |
| gTrade (Gains Network) JUP/USD | +0.156% | L +0.0002% / S −0.0001% | 1h | $16K | — | 150x | as long as short |
| Aster JUPUSDT | +0.157% | +0.0100% | 4h | $106K | $367K | 10x | as long as short |
| 01 Exchange JUPUSD | +0.177% | +0.0192% | 1h | $26K | $19K | 5x | as long as short |
| dYdX JUP-USD | +0.205% | +0.0018% | 1h | $38K | $41K | 5x | as long as short |
| Hyperliquid JUP | +0.211% | +0.0100% | 1h | $18.8M | $14.2M | 10x | as long as short |
| Lighter JUP | +0.214% | +0.0096% | 1h | $860K | $1.1M | 10x | as long as short |
| Variational Omni JUP | +0.223% | +0.0100% | 4h | $713K | $1.2M | — | as long as short |
| Polymarket Perps JUP-USD | +0.231% | +0.0100% | 1h | $93K | $145K | 10x | as long as short |
| Phoenix JUP | +0.252% | 0.0000% | 1h | $47K | $383K | 10x | as long as short |
| Kraken Futures PF_JUPUSD | +0.258% | +0.0349% | 1h | $583K | $593K | 20x | as long as short |
| Phemex JUPUSDTshort | +0.272% | +0.0100% | 4h | $2.9M | $4.1M | 50x | |
| Coinbase International JUP-PERP-INTX | +0.303% | +0.0280% | 1h | $74K | $90K | 50x | as long as short |
| ApeX Omni JUPUSDT | +0.306% | +0.0100% | 1h | $157K | $321K | 50x | as long as short |
| Bulk JUP-USD | +0.458% | +0.0100% | 1h | $58K | $3K | 10x | as long as short |