Spread before costs (cost unknown: a leg has no order-book sample)+0.158%
7d average—if it closes, per $10,000$16funding while held, a day+$1.59
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) JUP/USD | 0.2949 | L +0.0002% / S −0.0001% | pay 0.0000% / 1h | 35m 27s | $16K | — | 150x |
| Short | Phoenix JUP | 0.2954 | 0.0055 | get 0.0007% / 1h | 35m 27s | $47K | $383K | 10x |
Price 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
- $15.77
- Funding while held
- $1.59
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $0.36
- Spread needed to break even
- 0.170%
Slippage unknown: gTrade (Gains Network): no order-book sample; Phoenix: live order book, 54 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0053%
- Per $10,000 a day
- +$1.59
- 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 Phoenix live order book, 54 min ago | 2.50 bp | 14.3 bp −$14 | 29.6 bp −$296 | 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.JUP on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit JUPUSDT | −0.168% | −0.0017% | 4h | $16.5M | $23.1M | 50x | as long as short |
| OKX JUP-USDT-SWAP | −0.134% | −0.0148% | 4h | $4.1M | $16.3M | 50x | as long as short |
| Gate JUP_USDT | −0.134% | −0.0204% | 4h | $751K | $1.9M | 75x | as long as short |
| Extended JUP-USD | −0.129% | +0.0232% | 1h | $2.2M | $502K | 25x | as long as short |
| Reya JUPRUSDPERP | −0.121% | +0.0057% | 1h | — | — | 20x | as long as short |
| Bitget JUPUSDT | −0.100% | +0.0100% | 4h | $5.6M | $8.7M | 75x | as long as short |
| BingX JUP-USDT | −0.100% | +0.0100% | 4h | — | $21.2M | — | as long as short |
| HTX JUP-USDT | −0.100% | +0.0100% | 4h | $111K | $76K | 20x | as long as short |
| Binance JUPUSDT | −0.085% | +0.0100% | 4h | $16.5M | $56.0M | 75x | as long as short |
| Aevo JUP-PERP | −0.083% | +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 | −0.081% | +0.0076% | 8h | $9K | $15K | 10x | as long as short |
| MEXC JUP_USDT | −0.066% | +0.0100% | 4h | $8.5M | $8.0M | 200x | as long as short |
| Nado JUP-PERP | −0.049% | +0.0100% | 1h | $612K | $627K | 10x | as long as short |
| Variational Omni JUP | −0.046% | +0.0100% | 4h | $712K | $1.2M | — | as long as short |
| Pacifica JUP | −0.032% | +0.0100% | 1h | $282K | $169K | 10x | as long as short |
| KuCoin JUPUSDTM | −0.032% | +0.0100% | 4h | $4.1M | $7.4M | 50x | as long as short |
| Backpack JUP_USDC_PERP | −0.019% | −0.0067% | 1h | $975K | $257K | 10x | as long as short |
| 01 Exchange JUPUSD | −0.012% | 0.0000% | 1h | $26K | $19K | 5x | as long as short |
| gTrade (Gains Network) JUP/USDlong | 0.000% | L +0.0002% / S −0.0001% | 1h | $16K | — | 150x | |
| dYdX JUP-USD | +0.002% | +0.0080% | 1h | $39K | $41K | 5x | as long as short |
| BloFin JUP-USDT | +0.002% | +0.0065% | 4h | $892K | $263K | 50x | as long as short |
| Aster JUPUSDT | +0.023% | +0.0100% | 4h | $114K | $361K | 10x | as long as short |
| Deribit JUP_USDC-PERPETUAL | +0.029% | 0.0000% | 1h | $57K | $13K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.036% | +0.0096% | 4h | $24K | $40K | 10x | as long as short |
| Injective JUP/USDC PERP | +0.036% | +0.0053% | 1h | $4K | $18K | 5.5x | as long as short |
| Hyperliquid JUP | +0.039% | +0.0100% | 1h | $18.9M | $14.1M | 10x | as long as short |
| Lighter JUP | +0.042% | +0.0096% | 1h | $862K | $1.2M | 10x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | +0.043% | L −0.0463% / S +0.0168% | 1h | $13K | — | 100x | as long as short |
| Polymarket Perps JUP-USD | +0.063% | +0.0100% | 1h | $93K | $149K | 10x | as long as short |
| Kraken Futures PF_JUPUSD | +0.068% | −0.0120% | 1h | $559K | $563K | 20x | as long as short |
| ApeX Omni JUPUSDT | +0.103% | +0.0100% | 1h | $157K | $320K | 50x | as long as short |
| Phoenix JUPshort | +0.158% | +0.0055% | 1h | $47K | $383K | 10x | |
| Phemex JUPUSDT | +0.171% | +0.0100% | 4h | $2.9M | $4.1M | 50x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.205% | +0.0256% | 1h | $75K | $90K | 50x | as long as short |
| Bulk JUP-USD | +0.218% | +0.0100% | 1h | $58K | $2K | 10x | as long as short |
gTrade (Gains Network) JUP/USD
Phoenix JUP
Bybit
OKX
Gate
Extended
Bitget
BingX
HTX
Binance
Paradex
MEXC
Variational Omni
Pacifica
KuCoin
Backpack
BloFin
Aster
Deribit
Injective
Hyperliquid
Lighter
GMX
Polymarket Perps
Kraken Futures
ApeX Omni
Phemex
Coinbase International
Bulk