Spread before costs (cost unknown: a leg has no order-book sample)−0.019%
7d average—if it closes, per $10,000$2funding while held, a day−$55.64
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX JUP-USD | 0.3052 | 0.1955 | pay 0.0244% / 1h | 8m 22s | $40K | $37K | 5x |
| Short | Backpack JUP_USDC_PERP | 0.3052 | 0.0100 | get 0.0013% / 1h | 8m 22s | $1.0M | $267K | 10x |
dYdX JUP-USD
Backpack JUP_USDC_PERPPrice 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
- −$1.93
- Funding while held
- −$55.64
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$77.58
- Spread needed to break even
- 0.200%
Slippage unknown: dYdX: no order-book sample; Backpack: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1855%
- Per $10,000 a day
- −$55.64
- 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 2 min ago | 1.64 bp | 9.3 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.3039cheapestApeX Omni0.3043+0.137%HTX0.3045+0.202%Bulk0.3046+0.235%Phoenix0.3047+0.262%BloFin0.3050+0.367%OKX0.3051+0.400%Gate0.3051+0.400%Reya0.3051+0.413%
Variational Omni
ApeX Omni
HTX
Bulk
Phoenix
BloFin
OKX
Gate
ReyaBackpack0.3052+0.426%
Bybit0.3052+0.433%BingX0.3052+0.433%Nado0.3052+0.441%Extended0.3052+0.444%
Bybit
BingX
Nado
ExtendeddYdX0.3052+0.446%
Paradex0.3053+0.471%Pacifica0.3054+0.491%Coinbase International0.3054+0.495%Aster0.3054+0.499%MEXC0.3055+0.532%KuCoin0.3055+0.532%Bitget0.3055+0.532%Orderly0.3055+0.532%GMX0.3055+0.537%Binance0.3055+0.545%Deribit0.3055+0.548%gTrade (Gains Network)0.3056+0.551%Kraken Futures0.3056+0.565%Aevo0.3056+0.577%Lighter0.3057+0.604%Phemex0.3058+0.630%Polymarket Perps0.3060+0.693%Hyperliquid0.3061+0.722%
Paradex
Pacifica
Coinbase International
Aster
MEXC
KuCoin
Bitget
Orderly
GMX
Binance
Deribit
gTrade (Gains Network)
Kraken Futures
Aevo
Lighter
Phemex
Polymarket Perps
HyperliquidInjective0.3218+5.895%
InjectiveJUP on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni JUP | −0.444% | +0.0100% | 4h | $734K | $1.2M | — | as long as short |
| ApeX Omni JUPUSDT | −0.308% | +0.0100% | 1h | $162K | $318K | 50x | as long as short |
| HTX JUP-USDT | −0.242% | +0.0100% | 4h | $116K | $84K | 20x | as long as short |
| Bulk JUP-USD | −0.209% | +0.0100% | 1h | $61K | $3K | 10x | as long as short |
| Phoenix JUP | −0.183% | +0.0105% | 1h | $40K | $339K | 10x | as long as short |
| BloFin JUP-USDT | −0.078% | +0.0086% | 4h | $986K | $243K | 50x | as long as short |
| OKX JUP-USDT-SWAP | −0.046% | −0.0034% | 4h | $4.4M | $16.1M | 50x | as long as short |
| Gate JUP_USDT | −0.046% | +0.0048% | 4h | $829K | $1.8M | 75x | as long as short |
| Reya JUPRUSDPERP | −0.032% | +0.0057% | 1h | — | — | 20x | as long as short |
| Backpack JUP_USDC_PERPshort | −0.019% | +0.0100% | 1h | $1.0M | $267K | 10x |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit JUPUSDT | −0.013% | +0.0100% | 4h | $17.8M | $22.1M | 50x | as long as short |
| BingX JUP-USDT | −0.013% | +0.0100% | 4h | — | $20.7M | — | as long as short |
| Nado JUP-PERP | −0.005% | +0.0100% | 1h | $615K | $596K | 10x | as long as short |
| Extended JUP-USD | −0.002% | +0.0744% | 1h | $2.3M | $321K | 25x | as long as short |
| dYdX JUP-USDlong | 0.000% | +0.1955% | 1h | $40K | $37K | 5x | |
| Paradex JUP-USD-PERP | +0.025% | +0.0094% | 8h | $10K | $15K | 10x | as long as short |
| Pacifica JUP | +0.045% | −0.0120% | 1h | $293K | $180K | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.049% | +0.0312% | 1h | $82K | $162K | 50x | as long as short |
| Aster JUPUSDT | +0.053% | +0.0100% | 4h | $129K | $364K | 10x | as long as short |
| MEXC JUP_USDT | +0.086% | +0.0100% | 4h | $8.5M | $6.9M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.086% | +0.0100% | 4h | $4.4M | $7.4M | 50x | as long as short |
| Bitget JUPUSDT | +0.086% | +0.0100% | 4h | $5.9M | $8.8M | 75x | as long as short |
| Orderly PERP_JUP_USDC | +0.086% | +0.0099% | 4h | $26K | $34K | 10x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | +0.091% | L +0.0027% / S +0.0018% | 1h | $12K | — | 100x | as long as short |
| Binance JUPUSDT | +0.099% | +0.0100% | 4h | $17.7M | $53.1M | 75x | as long as short |
| Deribit JUP_USDC-PERPETUAL | +0.102% | −0.0044% | 1h | $58K | $11K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | +0.105% | L +0.0002% / S −0.0001% | 1h | $18K | — | 150x | as long as short |
| Kraken Futures PF_JUPUSD | +0.119% | +0.0578% | 1h | $654K | $567K | 20x | as long as short |
| Aevo JUP-PERP | +0.131% | +0.0104% | 1h | $42K | — | 3x | as long as short |
| Lighter JUP | +0.158% | +0.0096% | 1h | $930K | $1.0M | 10x | as long as short |
| Phemex JUPUSDT | +0.184% | +0.0109% | 4h | $3.0M | $3.9M | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.246% | +0.0100% | 1h | $111K | $91K | 10x | as long as short |
| Hyperliquid JUP | +0.276% | +0.0215% | 1h | $20.3M | $12.7M | 10x | as long as short |
| Injective JUP/USDC PERP | +5.426% | −0.4448% | 1h | $6K | $69K | 5.5x | as long as short |