Spread before costs (cost unknown: a leg has no order-book sample)+0.374%
7d average—if it closes, per $10,000$37funding while held, a day+$8.79
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX JUP/USD [WBTC.b-USDC] | 0.3040 | L +0.0019% / S +0.0020% | pay 0.0002% / 1h | 0m 44s | $11K | — | 100x |
| Short | Coinbase International JUP-PERP-INTX | 0.3051 | 0.0312 | get 0.0039% / 1h | 0m 44s | $81K | $162K | 50x |
GMX JUP/USD [WBTC.b-USDC]
Coinbase International JUP-PERP-INTXPrice 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
- $37.41
- Funding while held
- $8.79
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $24.19
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 53 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0293%
- Per $10,000 a day
- +$8.79
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 53 min ago | 6.45 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
GMX: 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.OKX0.3037cheapestAevo0.3038+0.016%Extended0.3038+0.023%Reya0.3038+0.026%Orderly0.3038+0.033%Deribit0.3039+0.053%Paradex0.3039+0.060%Bybit0.3039+0.066%Gate0.3039+0.066%Bitget0.3039+0.066%Nado0.3039+0.066%HTX0.3039+0.066%BloFin0.3039+0.066%Variational Omni0.3039+0.067%Backpack0.3039+0.076%
OKX
Aevo
Extended
Reya
Orderly
Deribit
Paradex
Bybit
Gate
Bitget
Nado
HTX
BloFin
Variational Omni
BackpackGMX0.3040+0.087%
gTrade (Gains Network)0.3040+0.091%Aster0.3040+0.099%01 Exchange0.3040+0.099%BingX0.3040+0.099%Binance0.3041+0.132%MEXC0.3041+0.132%KuCoin0.3041+0.132%Lighter0.3041+0.138%Pacifica0.3041+0.141%Kraken Futures0.3042+0.160%Hyperliquid0.3044+0.227%Polymarket Perps0.3044+0.230%dYdX0.3045+0.247%Phemex0.3045+0.263%
gTrade (Gains Network)
Aster
BingX
Binance
MEXC
KuCoin
Lighter
Pacifica
Kraken Futures
Hyperliquid
Polymarket Perps
dYdX
PhemexCoinbase International0.3051+0.461%
Bulk0.3056+0.626%ApeX Omni0.3056+0.626%Phoenix0.3060+0.744%Injective0.3083+1.515%
Bulk
ApeX Omni
Phoenix
InjectiveJUP on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX JUP-USDT-SWAP | −0.087% | −0.0047% | 4h | $4.4M | $16.1M | 50x | as long as short |
| Aevo JUP-PERP | −0.070% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Extended JUP-USD | −0.063% | +0.0728% | 1h | $2.3M | $323K | 25x | as long as short |
| Reya JUPRUSDPERP | −0.061% | +0.0057% | 1h | — | — | 20x | as long as short |
| Orderly PERP_JUP_USDC | −0.054% | +0.0099% | 4h | $25K | $34K | 10x | as long as short |
| Deribit JUP_USDC-PERPETUAL | −0.034% | −0.0178% | 1h | $57K | $11K | 10x | as long as short |
| Paradex JUP-USD-PERP | −0.026% | +0.0094% | 8h | $10K | $15K | 10x | as long as short |
| Bybit JUPUSDT | −0.021% | +0.0100% | 4h | $17.7M | $22.1M | 50x | as long as short |
| Gate JUP_USDT | −0.021% | +0.0044% | 4h | $826K | $1.8M | 75x | as long as short |
| Bitget JUPUSDT | −0.021% | +0.0100% | 4h | $5.8M | $8.8M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado JUP-PERP | −0.021% | +0.0100% | 1h | $614K | $600K | 10x | as long as short |
| HTX JUP-USDT | −0.021% | +0.0100% | 4h | $116K | $84K | 20x | as long as short |
| BloFin JUP-USDT | −0.021% | +0.0060% | 4h | $973K | $246K | 50x | as long as short |
| Variational Omni JUP | −0.020% | +0.0100% | 4h | $743K | $1.2M | — | as long as short |
| Backpack JUP_USDC_PERP | −0.011% | +0.0100% | 1h | $1.0M | $268K | 10x | as long as short |
| GMX JUP/USD [WBTC.b-USDC]long | 0.000% | L +0.0019% / S +0.0020% | 1h | $11K | — | 100x | |
| gTrade (Gains Network) JUP/USD | +0.005% | L +0.0002% / S −0.0001% | 1h | $18K | — | 150x | as long as short |
| Aster JUPUSDT | +0.012% | +0.0100% | 4h | $128K | $364K | 10x | as long as short |
| 01 Exchange JUPUSD | +0.012% | −0.0128% | 1h | $27K | $20K | 5x | as long as short |
| BingX JUP-USDT | +0.012% | +0.0100% | 4h | — | $20.7M | — | as long as short |
| Binance JUPUSDT | +0.045% | +0.0100% | 4h | $17.6M | $53.3M | 75x | as long as short |
| MEXC JUP_USDT | +0.045% | +0.0100% | 4h | $8.4M | $6.9M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.045% | +0.0100% | 4h | $4.3M | $7.4M | 50x | as long as short |
| Lighter JUP | +0.052% | +0.0096% | 1h | $917K | $1.0M | 10x | as long as short |
| Pacifica JUP | +0.055% | −0.0120% | 1h | $292K | $180K | 10x | as long as short |
| Kraken Futures PF_JUPUSD | +0.073% | +0.0580% | 1h | $650K | $567K | 20x | as long as short |
| Hyperliquid JUP | +0.140% | +0.0211% | 1h | $20.2M | $12.7M | 10x | as long as short |
| Polymarket Perps JUP-USD | +0.144% | +0.0100% | 1h | $111K | $91K | 10x | as long as short |
| dYdX JUP-USD | +0.161% | +0.1719% | 1h | $40K | $37K | 5x | as long as short |
| Phemex JUPUSDT | +0.177% | +0.0176% | 4h | $3.0M | $3.9M | 50x | as long as short |
| Coinbase International JUP-PERP-INTXshort | +0.374% | +0.0312% | 1h | $81K | $162K | 50x | |
| Bulk JUP-USD | +0.539% | +0.0100% | 1h | $61K | $3K | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.539% | +0.0100% | 1h | $163K | $317K | 50x | as long as short |
| Phoenix JUP | +0.657% | +0.0105% | 1h | $41K | $339K | 10x | as long as short |
| Injective JUP/USDC PERP | +1.427% | −0.4448% | 1h | $6K | $69K | 5.5x | as long as short |