Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h −1.163%

Price spread now: BloFin against dYdX−0.017%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX JUP-USD	0.2981	0.0066	pay 0.0008% / 1h	27m 06s	$39K	$33K	5x
Short	BloFin JUP-USDT	0.2981	0.0099	get 0.0049% / 4h	27m 06s	$851K	$327K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against dYdX. 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 dYdXbpFee BloFinbpOrdersPrice spread, now −0.017%Rate

Funding earned: $6.87
Price spread: −0.017% → 0.000%: −$1.65
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$16.78
Costs to cover: 0.220%
Break-even: 24.1 days

Slippage unknown: dYdX: no order-book sample; BloFin: live order book, 50 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 dYdX no order-book sample	—	—	—	—	—
Sell BloFin live order book, 50 min ago	8.45 bp	16.3 bp −$16	24.7 bp −$247	73.4 bp −$7,341	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 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	−1.056%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2980	−0.042%	$16K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0208%	1h	0.2983	+0.035%	$601K	$597K	20x	as long as short
Pacifica JUP	−0.0199%	1h	0.2979	−0.096%	$284K	$167K	10x	as long as short
Bybit JUPUSDT	−0.0048%	4h	0.2979	−0.084%	$16.3M	$22.6M	50x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2982	+0.010%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2981	−0.018%	$17K	—	150x	as long as short
01 Exchange JUPUSD	+0.0024%	1h	0.2981	−0.030%	$26K	$19K	5x	as long as short
Gate JUP_USDT	+0.0042%	4h	0.2979	−0.084%	$746K	$1.8M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2976	−0.171%	—	—	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-USDlong	+0.0066%	1h	0.2981	long leg	$39K	$33K	5x
Paradex JUP-USD-PERP	+0.0086%	8h	0.2979	−0.083%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2983	+0.061%	$797K	$1.4M	10x	as long as short
BloFin JUP-USDTshort	+0.0099%	4h	0.2981	−0.017%	$851K	$327K	50x
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2981	−0.017%	$31K	$48K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2978	−0.112%	$721K	$941K	—	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2978	−0.126%	$614K	$657K	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2982	+0.008%	$116K	$361K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2981	−0.017%	$16.4M	$53.4M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2978	−0.117%	$4.1M	$16.4M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2981	−0.014%	$58K	$2K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2980	−0.050%	$8.1M	$7.7M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2983	+0.051%	$4.2M	$7.0M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2980	−0.050%	$5.8M	$8.0M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2979	−0.084%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2982	+0.017%	$987K	$244K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2984	+0.084%	$1.7M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2983	+0.051%	$159K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2982	+0.030%	$94K	$128K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2975	−0.218%	$112K	$66K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2986	+0.151%	$2.9M	$3.9M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2978	−0.130%	$41K	—	3x	as long as short
Hyperliquid JUP	+0.0136%	1h	0.2987	+0.178%	$19.2M	$13.1M	10x	as long as short
Phoenix JUP	+0.0162%	1h	0.2986	+0.148%	$97K	$479K	10x	as long as short
Extended JUP-USD	+0.0248%	1h	0.2977	−0.135%	$2.2M	$507K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.3000	+0.634%	$75K	$93K	50x	as long as short