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: MEXC against HTX+0.205%7-day average +0.219% · you sell dearer than you buy

Net, funding: paid 7d − costs−$244as in the Funding arb table

Net, price: spread back to 7d avg − costs−$239as in the Price arb table

costs, in and out, $10k−$2372.375% of the position

Long on HTX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.061%−$6 on $10k

Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.205%, 7d avg +0.219%

Together, before fees−0.210%−$21 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX JUP-USDT	0.2929	0.0100	pay 0.0050% / 4h	44m 51s	$110K	$49K	20x
Short	MEXC JUP_USDT	0.2935	0.0100	get 0.0050% / 4h	44m 51s	$7.2M	$6.4M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.205%Rate

Funding earned: $0
Price spread: +0.205% → +0.219%: −$1.37
Slippage, 4 orders: −$225.47
Fee HTX: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$238.84
Costs to cover: 2.375%
Break-even: never at this rate

Slippage from HTX: live order book, 11 min ago; MEXC: 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, 11 min ago	11.84 bp	102.7 bp −$103	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	3.41 bp	6.2 bp −$6	11.6 bp −$116	87.9 bp −$8,795	246.1 bp −$123.0K

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	−0.4661%	1h	0.2910	−0.649%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2934	+0.173%	$16K	—	100x	as long as short
Pacifica JUP	−0.0125%	1h	0.2933	+0.147%	$279K	$147K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2934	+0.188%	$54K	$16K	10x	as long as short
dYdX JUP-USD	+0.0001%	1h	0.2932	+0.119%	$38K	$25K	5x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2935	+0.194%	—	—	150x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2932	+0.119%	—	—	20x	as long as short
01 Exchange JUPUSD	+0.0080%	1h	0.2936	+0.232%	$26K	$19K	5x	as long as short
Lighter JUP	+0.0096%	1h	0.2936	+0.232%	$777K	$1.0M	10x	as long as short
Kraken Futures PF_JUPUSD	+0.0096%	1h	0.2935	+0.197%	$587K	$489K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex JUP-USD-PERP	+0.0098%	8h	0.2933	+0.150%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2933	+0.137%	$592K	$501K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2937	+0.283%	$18.6M	$9.5M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2934	+0.159%	$108K	$292K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2935	+0.212%	$16.2M	$42.3M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2931	+0.075%	$15.8M	$18.9M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2934	+0.171%	$4.0M	$12.0M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2957	+0.956%	$62K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2933	+0.137%	$727K	$1.4M	75x	as long as short
MEXC JUP_USDTshort	+0.0100%	4h	0.2935	+0.205%	$7.2M	$6.4M	200x
KuCoin JUPUSDTM	+0.0100%	4h	0.2934	+0.171%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2935	+0.205%	$5.7M	$5.8M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2932	+0.102%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2935	+0.198%	$973K	$241K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2929	−0.001%	$715K	$693K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2933	+0.137%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2934	+0.171%	$156K	$262K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2938	+0.290%	$92K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2934	+0.171%	$31K	$42K	10x	as long as short
HTX JUP-USDTlong	+0.0100%	4h	0.2929	long leg	$110K	$49K	20x
Phemex JUPUSDT	+0.0100%	4h	0.2936	+0.239%	$2.9M	$3.2M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2930	+0.034%	$40K	—	3x	as long as short
Coinbase International JUP-PERP-INTX	+0.0208%	1h	0.2935	+0.215%	$74K	$49K	50x	as long as short
Phoenix JUP	+0.0271%	1h	0.2934	+0.164%	$98K	$304K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2932	+0.102%	$838K	$381K	50x	as long as short
Extended JUP-USD	+0.0368%	1h	0.2933	+0.128%	$2.2M	$502K	25x	as long as short