Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against HTX+0.034%7-day average +0.247% · you sell dearer than you buy

Net, funding: paid 7d − costs−$294as in the Funding arb table

Net, price: spread back to 7d avg − costs−$307as in the Price arb table

costs, in and out, $10k−$2862.858% of the position

Long on HTX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.087%−$9 on $10k

Price spread, last 3 days (all we have)+0.179%+$18 · spread now +0.034%, 7d avg +0.247%

Together, before fees+0.092%+$9 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: KuCoin is 0.213% cheaper against HTX than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.247%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX JUP-USDT	0.2943	0.0100	pay 0.0050% / 4h	2h 00m	$111K	$47K	20x
Short	KuCoin JUPUSDTM	0.2944	0.0100	get 0.0050% / 4h	2h 00m	$4.0M	$6.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.034%Rate

Funding earned: $0
Price spread: +0.034% → +0.247%: −$21.28
Slippage, 4 orders: −$261.78
Fee HTX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$307.06
Costs to cover: 2.858%
Break-even: never at this rate

Slippage from HTX: live order book, 1 min ago; KuCoin: live order book, 3 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, 1 min ago	10.20 bp	92.9 bp −$93	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	3.39 bp	30.9 bp −$31	106.7 bp −$1,067	doesn't fit	doesn't fit

JUP on 35 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	−0.4347%	1h	0.2917	−0.883%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0353%	1h	0.2946	+0.111%	$281K	$147K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0340% / S +0.0664%	1h	0.2943	+0.010%	$16K	—	100x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0191%	1h	0.2943	+0.010%	$54K	$16K	10x	as long as short
Bybit JUPUSDT	−0.0037%	4h	0.2940	−0.095%	$15.8M	$19.4M	50x	as long as short
Kraken Futures PF_JUPUSD	−0.0024%	1h	0.2944	+0.042%	$588K	$503K	20x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2944	+0.044%	—	—	150x	as long as short
OKX JUP-USDT-SWAP	+0.0002%	4h	0.2943	0.000%	$4.0M	$12.8M	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2942	−0.034%	—	—	20x	as long as short
dYdX JUP-USD	+0.0073%	1h	0.2949	+0.220%	$39K	$28K	5x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni JUP	+0.0075%	4h	0.2942	−0.017%	$719K	$720K	—	as long as short
Paradex JUP-USD-PERP	+0.0094%	8h	0.2945	+0.062%	$9K	$11K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2945	+0.085%	$779K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2945	+0.076%	$595K	$516K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2946	+0.092%	$18.7M	$10.2M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2945	+0.070%	$114K	$317K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2943	0.000%	$16.2M	$44.1M	75x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2945	+0.068%	$731K	$1.5M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2941	−0.068%	$7.3M	$7.0M	200x	as long as short
KuCoin JUPUSDTMshort	+0.0100%	4h	0.2944	+0.034%	$4.0M	$6.7M	50x
Bitget JUPUSDT	+0.0100%	4h	0.2943	0.000%	$5.7M	$6.2M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2942	−0.034%	—	$20.8M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2944	+0.020%	$975K	$237K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2951	+0.272%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2950	+0.238%	$157K	$275K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2948	+0.153%	$93K	$108K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2944	+0.034%	$31K	$42K	10x	as long as short
HTX JUP-USDTlong	+0.0100%	4h	0.2943	long leg	$111K	$47K	20x
Phemex JUPUSDT	+0.0100%	4h	0.2948	+0.170%	$2.9M	$3.4M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2951	+0.272%	$61K	$8K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2942	−0.051%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0144%	1h	0.2945	+0.068%	$26K	$19K	5x	as long as short
Phoenix JUP	+0.0188%	1h	0.2950	+0.245%	$97K	$402K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0272%	1h	0.2947	+0.146%	$74K	$49K	50x	as long as short
Extended JUP-USD	+0.0400%	1h	0.2943	−0.007%	$2.2M	$490K	25x	as long as short