Spread before costs (cost unknown: a leg has no order-book sample)+0.131%
7d average—if it closes, per $10,000$13funding while held, a day+$8.21
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) JUP/USD | 0.3034 | L +0.0002% / S −0.0001% | pay 0.0000% / 1h | 58m 58s | $17K | — | 150x |
| Short | Hyperliquid JUP | 0.3038 | 0.0275 | get 0.0034% / 1h | 58m 58s | $20.5M | $12.0M | 10x |
gTrade (Gains Network) JUP/USD
Hyperliquid JUPPrice 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
- $13.05
- Funding while held
- $8.21
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $2.26
- Spread needed to break even
- 0.190%
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0274%
- Per $10,000 a day
- +$8.21
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 5 min ago | 0.16 bp | 13.2 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
gTrade (Gains Network): 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.Bybit0.3028cheapestOKX0.3028cheapestExtended0.3028+0.003%Reya0.3029+0.023%Binance0.3030+0.066%MEXC0.3030+0.066%BingX0.3030+0.066%GMX0.3032+0.131%Gate0.3032+0.132%Paradex0.3032+0.143%Nado0.3033+0.149%KuCoin0.3033+0.165%Bitget0.3033+0.165%BloFin0.3033+0.165%Backpack0.3033+0.178%Aevo0.3034+0.182%
Bybit
OKX
Extended
Reya
Binance
MEXC
BingX
GMX
Gate
Paradex
Nado
KuCoin
Bitget
BloFin
Backpack
AevogTrade (Gains Network)0.3034+0.193%
Orderly0.3034+0.198%Aster0.3035+0.241%Deribit0.3035+0.248%Pacifica0.3036+0.250%
Orderly
Aster
Deribit
PacificaHyperliquid0.3038+0.324%
Kraken Futures0.3038+0.330%Variational Omni0.3039+0.352%Polymarket Perps0.3039+0.357%HTX0.3039+0.363%Phemex0.3039+0.363%dYdX0.3039+0.366%Lighter0.3039+0.367%Phoenix0.3040+0.393%ApeX Omni0.3040+0.396%Coinbase International0.3044+0.528%Bulk0.3046+0.593%Injective0.3054+0.859%
Kraken Futures
Variational Omni
Polymarket Perps
HTX
Phemex
dYdX
Lighter
Phoenix
ApeX Omni
Coinbase International
Bulk
InjectiveJUP on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit JUPUSDT | −0.192% | +0.0100% | 4h | $17.7M | $20.7M | 50x | as long as short |
| OKX JUP-USDT-SWAP | −0.192% | −0.0010% | 4h | $4.3M | $15.6M | 50x | as long as short |
| Extended JUP-USD | −0.190% | +0.0592% | 1h | $2.3M | $297K | 25x | as long as short |
| Reya JUPRUSDPERP | −0.169% | +0.0057% | 1h | — | — | 20x | as long as short |
| Binance JUPUSDT | −0.127% | +0.0100% | 4h | $17.5M | $50.7M | 75x | as long as short |
| MEXC JUP_USDT | −0.127% | +0.0100% | 4h | $8.6M | $6.6M | 200x | as long as short |
| BingX JUP-USDT | −0.127% | +0.0100% | 4h | — | $20.9M | — | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | −0.061% | L +0.0083% / S −0.0010% | 1h | $14K | — | 100x | as long as short |
| Gate JUP_USDT | −0.061% | +0.0082% | 4h | $838K | $1.7M | 75x | as long as short |
| Paradex JUP-USD-PERP | −0.050% | +0.0096% | 8h | $10K | $15K | 10x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado JUP-PERP | −0.044% | +0.0100% | 1h | $615K | $568K | 10x | as long as short |
| KuCoin JUPUSDTM | −0.028% | +0.0100% | 4h | $4.3M | $7.3M | 50x | as long as short |
| Bitget JUPUSDT | −0.028% | +0.0100% | 4h | $5.9M | $8.6M | 75x | as long as short |
| BloFin JUP-USDT | −0.028% | +0.0103% | 4h | $970K | $261K | 50x | as long as short |
| Backpack JUP_USDC_PERP | −0.015% | −0.0101% | 1h | $1.0M | $260K | 10x | as long as short |
| Aevo JUP-PERP | −0.011% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| gTrade (Gains Network) JUP/USDlong | 0.000% | L +0.0002% / S −0.0001% | 1h | $17K | — | 150x | |
| Orderly PERP_JUP_USDC | +0.005% | +0.0096% | 4h | $25K | $34K | 10x | as long as short |
| Aster JUPUSDT | +0.048% | +0.0100% | 4h | $109K | $321K | 10x | as long as short |
| Deribit JUP_USDC-PERPETUAL | +0.055% | −0.0079% | 1h | $56K | $10K | 10x | as long as short |
| Pacifica JUP | +0.057% | +0.0035% | 1h | $290K | $158K | 10x | as long as short |
| Hyperliquid JUPshort | +0.131% | +0.0275% | 1h | $20.5M | $12.0M | 10x | |
| Kraken Futures PF_JUPUSD | +0.137% | +0.0581% | 1h | $653K | $567K | 20x | as long as short |
| Variational Omni JUP | +0.159% | +0.0100% | 4h | $738K | $1.2M | — | as long as short |
| Polymarket Perps JUP-USD | +0.163% | +0.0100% | 1h | $111K | $92K | 10x | as long as short |
| HTX JUP-USDT | +0.170% | +0.0100% | 4h | $116K | $83K | 20x | as long as short |
| Phemex JUPUSDT | +0.170% | +0.0100% | 4h | $3.0M | $3.8M | 50x | as long as short |
| dYdX JUP-USD | +0.173% | +0.2239% | 1h | $40K | $37K | 5x | as long as short |
| Lighter JUP | +0.173% | +0.0208% | 1h | $993K | $878K | 10x | as long as short |
| Phoenix JUP | +0.200% | +0.0157% | 1h | $41K | $339K | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.203% | +0.0100% | 1h | $168K | $314K | 50x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.335% | +0.0312% | 1h | $81K | $154K | 50x | as long as short |
| Bulk JUP-USD | +0.399% | +0.0100% | 1h | $61K | $3K | 10x | as long as short |
| Injective JUP/USDC PERP | +0.665% | −0.4448% | 1h | $3K | $63K | 5.5x | as long as short |