Spread before costs (cost unknown: a leg has no order-book sample)−0.328%
7d average—if it closes, per $10,000$33funding while held, a day+$2.60
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX JUP/USD [WBTC.b-USDC] | 0.3055 | L +0.0013% / S +0.0021% | pay 0.0002% / 1h | 55m 33s | $12K | — | 100x |
| Short | Nado JUP-PERP | 0.3044 | 0.0100 | get 0.0012% / 1h | 55m 33s | $616K | $600K | 10x |
GMX JUP/USD [WBTC.b-USDC]
Nado JUP-PERPPrice 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
- −$32.84
- Funding while held
- $2.6
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$49.24
- Spread needed to break even
- 0.190%
Slippage unknown: GMX: no order-book sample; Nado: live order book, 59 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0087%
- Per $10,000 a day
- +$2.60
- 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 Nado live order book, 59 min ago | 1.81 bp | 8.6 bp −$9 | 43.9 bp −$439 | 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.OKX0.3043cheapestBloFin0.3043cheapestReya0.3044+0.018%Phoenix0.3044+0.030%
OKX
BloFin
Reya
PhoenixNado0.3044+0.049%
Bybit0.3045+0.066%ApeX Omni0.3045+0.066%Binance0.3046+0.097%Bitget0.3046+0.099%HTX0.3047+0.131%Extended0.3048+0.155%Gate0.3048+0.164%BingX0.3049+0.197%Variational Omni0.3050+0.215%01 Exchange0.3050+0.217%MEXC0.3050+0.230%Paradex0.3051+0.249%Coinbase International0.3051+0.263%Polymarket Perps0.3051+0.273%Bulk0.3052+0.281%Pacifica0.3052+0.296%KuCoin0.3052+0.296%Orderly0.3053+0.329%Aevo0.3053+0.333%Lighter0.3053+0.335%Aster0.3053+0.340%dYdX0.3053+0.341%gTrade (Gains Network)0.3054+0.370%Deribit0.3054+0.375%
Bybit
ApeX Omni
Binance
Bitget
HTX
Extended
Gate
BingX
Variational Omni
MEXC
Paradex
Coinbase International
Polymarket Perps
Bulk
Pacifica
KuCoin
Orderly
Aevo
Lighter
Aster
dYdX
gTrade (Gains Network)
DeribitGMX0.3055+0.379%
Backpack0.3055+0.394%Kraken Futures0.3056+0.432%Hyperliquid0.3056+0.442%Phemex0.3058+0.493%Injective0.3079+1.183%
Backpack
Kraken Futures
Hyperliquid
Phemex
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 | −0.377% | −0.0063% | 4h | $4.4M | $16.1M | 50x | as long as short |
| BloFin JUP-USDT | −0.377% | +0.0078% | 4h | $970K | $247K | 50x | as long as short |
| Reya JUPRUSDPERP | −0.360% | +0.0057% | 1h | — | — | 20x | as long as short |
| Phoenix JUP | −0.348% | +0.0105% | 1h | $41K | $339K | 10x | as long as short |
| Nado JUP-PERPshort | −0.328% | +0.0100% | 1h | $616K | $600K | 10x | |
| Bybit JUPUSDT | −0.312% | +0.0100% | 4h | $17.7M | $22.1M | 50x | as long as short |
| ApeX Omni JUPUSDT | −0.312% | +0.0100% | 1h | $162K | $317K | 50x | as long as short |
| Binance JUPUSDT | −0.281% | +0.0100% | 4h | $17.6M | $53.2M | 75x | as long as short |
| Bitget JUPUSDT | −0.279% | +0.0100% | 4h | $5.8M | $8.7M | 75x | as long as short |
| HTX JUP-USDT | −0.247% | +0.0100% | 4h | $117K | $84K | 20x | as long as short |