Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%

Price spread now: ApeX Omni against HTX+0.134%76s7-day average +0.257% · you sell dearer than you buy

Net, funding: paid 7d − costs−$270as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2662.663% of the position

Long on HTX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 3 days (all we have)−0.134%−$13 · spread now +0.134%, 7d avg +0.257%

Together, before fees−0.168%−$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.123% cheaper against HTX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.257%. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX JUP-USDT	0.2974	0.0100	pay 0.0050% / 4h	2h 21m	$112K	$69K	20x
Short	ApeX Omni JUPUSDT	0.2978	0.0100	get 0.0013% / 1h	21m 55s	$158K	$319K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee ApeX OmnibpOrdersPrice spread, now +0.134%Rate

Funding earned: $0
Price spread: +0.134% → +0.257%: −$12.3
Slippage, 4 orders: −$244.32
Fee HTX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$278.62
Costs to cover: 2.663%
Break-even: never at this rate

Slippage from HTX: live order book, 64 min ago; ApeX Omni: live order book, 65 min ago.

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 HTX live order book, 64 min ago	11.76 bp	123.4 bp −$123	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 65 min ago	6.70 bp	17.3 bp −$17	98.9 bp −$989	doesn't fit	doesn't fit

JUP on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective JUP/USDC PERP	−0.5000%	1h	0.2933	−1.379%	$3K	$154K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0849% / S +0.0320%	1h	0.2981	+0.225%	$13K	—	100x	as long as short
Bybit JUPUSDT	−0.0114%	4h	0.2979	+0.168%	$16.3M	$24.1M	50x	as long as short
Phoenix JUP	0.0000%	1h	0.2986	+0.414%	$95K	$447K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2981	+0.249%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2982	+0.274%	$17K	—	150x	as long as short
Kraken Futures PF_JUPUSD	+0.0009%	1h	0.2981	+0.227%	$604K	$624K	20x	as long as short
dYdX JUP-USD	+0.0032%	1h	0.2983	+0.298%	$39K	$36K	5x	as long as short
Gate JUP_USDT	+0.0034%	4h	0.2979	+0.168%	$741K	$1.9M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2979	+0.181%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin JUP-USDT	+0.0063%	4h	0.2985	+0.370%	$859K	$331K	50x	as long as short
01 Exchange JUPUSD	+0.0064%	1h	0.2980	+0.215%	$26K	$19K	5x	as long as short
Paradex JUP-USD-PERP	+0.0092%	8h	0.2979	+0.173%	$9K	$15K	10x	as long as short
Variational Omni JUP	+0.0094%	4h	0.2982	+0.282%	$728K	$1.2M	—	as long as short
Lighter JUP	+0.0096%	1h	0.2983	+0.309%	$873K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2978	+0.134%	$601K	$670K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2983	+0.313%	$19.1M	$14.0M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2981	+0.235%	$107K	$367K	10x	as long as short
Pacifica JUP	+0.0100%	1h	0.2980	+0.194%	$284K	$183K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2981	+0.241%	$16.5M	$56.4M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2981	+0.235%	$4.1M	$16.8M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2981	+0.235%	$8.1M	$8.1M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2983	+0.303%	$4.5M	$7.2M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2980	+0.202%	$5.7M	$8.5M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2981	+0.235%	—	$21.0M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2980	+0.208%	$988K	$267K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2980	+0.199%	$1.6M	$4.2M	10x	as long as short
ApeX Omni JUPUSDTshort	+0.0100%	1h	0.2978	+0.134%	$158K	$319K	50x
Polymarket Perps JUP-USD	+0.0100%	1h	0.2986	+0.414%	$94K	$138K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2982	+0.269%	$31K	$51K	10x	as long as short
HTX JUP-USDTlong	+0.0100%	4h	0.2974	long leg	$112K	$69K	20x
Phemex JUPUSDT	+0.0100%	4h	0.2986	+0.403%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2961	−0.427%	$57K	$4K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2979	+0.185%	$41K	—	3x	as long as short
Coinbase International JUP-PERP-INTX	+0.0248%	1h	0.2989	+0.521%	$74K	$95K	50x	as long as short
Extended JUP-USD	+0.0256%	1h	0.2978	+0.131%	$2.2M	$539K	25x	as long as short