Spread before costs (cost unknown: a leg has no order-book sample)−0.035%
7d average—if it closes, per $10,000$3funding while held, a day+$137.84
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX JUP/USD [WBTC.b-USDC] | 0.3018 | L −0.4324% / S +0.0278% | get 0.0541% / 1h | 15m 34s | $86K | — | 100x |
| Short | Kraken Futures PF_JUPUSD | 0.3017 | 0.0270 | get 0.0034% / 1h | 15m 34s | $584K | $610K | 20x |
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
- −$3.45
- Funding while held
- $137.84
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $112.39
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 29 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.4595%
- Per $10,000 a day
- +$137.84
- 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 Kraken Futures live order book, 29 min ago | 14.71 bp | 24.7 bp −$25 | 110.7 bp −$1,107 | 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.JUP on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni JUPUSDT | −0.554% | +0.0100% | 1h | $160K | $318K | 50x | as long as short |
| Phoenix JUP | −0.419% | +0.0053% | 1h | $43K | $340K | 10x | as long as short |
| HTX JUP-USDT | −0.389% | +0.0100% | 4h | $113K | $88K | 20x | as long as short |
| Variational Omni JUP | −0.334% | +0.0100% | 4h | $736K | $1.2M | — | as long as short |
| Nado JUP-PERP | −0.322% | +0.0100% | 1h | $620K | $611K | 10x | as long as short |
| BloFin JUP-USDT | −0.289% | +0.0114% | 4h | $944K | $263K | 50x | as long as short |
| Reya JUPRUSDPERP | −0.233% | +0.0057% | 1h | — | — | 20x | as long as short |
| 01 Exchange JUPUSD | −0.197% | −0.0216% | 1h | $27K | $19K | 5x | as long as short |
| Paradex JUP-USD-PERP | −0.135% | +0.0072% | 8h | $9K | $15K | 10x | as long as short |
| Aster JUPUSDT | −0.126% | +0.0040% | 4h | $120K | $350K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit JUPUSDT | −0.124% | +0.0100% | 4h | $17.2M | $22.3M | 50x | as long as short |
| OKX JUP-USDT-SWAP | −0.124% | −0.0240% | 4h | $4.3M | $16.3M | 50x | as long as short |
| Bitget JUPUSDT | −0.124% | +0.0100% | 4h | $5.7M | $8.7M | 75x | as long as short |
| BingX JUP-USDT | −0.124% | +0.0100% | 4h | — | $21.1M | — | as long as short |
| Extended JUP-USD | −0.122% | +0.0104% | 1h | $2.2M | $462K | 25x | as long as short |
| Gate JUP_USDT | −0.090% | +0.0050% | 4h | $810K | $1.8M | 75x | as long as short |
| MEXC JUP_USDT | −0.090% | +0.0100% | 4h | $8.1M | $7.2M | 200x | as long as short |
| Orderly PERP_JUP_USDC | −0.090% | +0.0099% | 4h | $26K | $36K | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | −0.090% | +0.0080% | 1h | $77K | $132K | 50x | as long as short |
| Binance JUPUSDT | −0.071% | +0.0100% | 4h | $17.0M | $54.9M | 75x | as long as short |
| Aevo JUP-PERP | −0.069% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Pacifica JUP | −0.057% | +0.0100% | 1h | $288K | $184K | 10x | as long as short |
| Polymarket Perps JUP-USD | −0.044% | +0.0100% | 1h | $94K | $148K | 10x | as long as short |
| Deribit JUP_USDC-PERPETUAL | −0.044% | 0.0000% | 1h | $58K | $13K | 10x | as long as short |
| Kraken Futures PF_JUPUSDshort | −0.035% | +0.0270% | 1h | $584K | $610K | 20x | |
| Lighter JUP | −0.031% | +0.0096% | 1h | $882K | $1.1M | 10x | as long as short |
| KuCoin JUPUSDTM | −0.024% | +0.0100% | 4h | $4.2M | $7.3M | 50x | as long as short |
| Backpack JUP_USDC_PERP | −0.018% | +0.0090% | 1h | $996K | $280K | 10x | as long as short |
| dYdX JUP-USD | −0.017% | +0.0009% | 1h | $39K | $41K | 5x | as long as short |
| gTrade (Gains Network) JUP/USD | −0.012% | L +0.0002% / S −0.0001% | 1h | $16K | — | 150x | as long as short |
| GMX JUP/USD [WBTC.b-USDC]long | 0.000% | L −0.4324% / S +0.0278% | 1h | $86K | — | 100x | |
| Hyperliquid JUP | +0.059% | +0.0100% | 1h | $20.0M | $13.0M | 10x | as long as short |
| Injective JUP/USDC PERP | +0.075% | −0.3509% | 1h | $5K | $17K | 5.5x | as long as short |
| Phemex JUPUSDT | +0.108% | +0.0100% | 4h | $2.9M | $4.0M | 50x | as long as short |
| Bulk JUP-USD | +0.146% | +0.0100% | 1h | $60K | $1K | 10x | as long as short |
GMX JUP/USD [WBTC.b-USDC]
Kraken Futures PF_JUPUSD
ApeX Omni
Phoenix
HTX
Variational Omni
BloFin
Paradex
Aster
Bybit
OKX
Bitget
BingX
Extended
Gate
MEXC
Coinbase International
Binance
Pacifica
Polymarket Perps
Deribit
Lighter
KuCoin
Backpack
gTrade (Gains Network)
Hyperliquid
Injective
Phemex
Bulk