After costs, if the gap returns to its 7d average, $10k−$67
spread now+0.025%7d average−0.137%fees + slippage, in and out−$83spread needed0.830%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_JUPUSD | 0.3047 | 0.0419 | pay 0.0052% / 1h | 56m 53s | $651K | $566K | 20x |
| Short | Bybit JUPUSDT | 0.3048 | 0.0100 | get 0.0050% / 4h | 56m 53s | $17.7M | $22.1M | 50x |
Kraken Futures PF_JUPUSD
Bybit JUPUSDTPrice 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
- $2.55
- Funding while held
- −$9.58
- Slippage, 4 orders
- −$62.05
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$90.09
- Spread needed to break even
- 0.830%
Slippage from Kraken Futures: live order book, 58 min ago; Bybit: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0319%
- Per $10,000 a day
- −$9.58
- 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 Kraken Futures live order book, 58 min ago | 11.52 bp | 28.7 bp −$29 | 289.8 bp −$2,898 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.64 bp | 12.1 bp −$12 | 49.5 bp −$495 | 293.0 bp −$29.3K | doesn't fit |
JUP price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.3039cheapestReya0.3039+0.000%Nado0.3041+0.081%Orderly0.3042+0.098%BloFin0.3043+0.131%Aevo0.3044+0.147%Deribit0.3044+0.157%Phoenix0.3044+0.160%Backpack0.3044+0.164%ApeX Omni0.3044+0.164%HTX0.3044+0.164%GMX0.3044+0.164%Aster0.3044+0.177%01 Exchange0.3045+0.183%gTrade (Gains Network)0.3045+0.189%Paradex0.3046+0.227%OKX0.3046+0.229%Lighter0.3047+0.256%
Variational Omni
Reya
Nado
Orderly
BloFin
Aevo
Deribit
Phoenix
Backpack
ApeX Omni
HTX
GMX
Aster
gTrade (Gains Network)
Paradex
OKX
LighterKraken Futures0.3047+0.273%
Polymarket Perps0.3048+0.279%Extended0.3048+0.287%Gate0.3048+0.295%
Polymarket Perps
Extended
GateBybit0.3048+0.298%
Pacifica0.3049+0.332%MEXC0.3050+0.361%KuCoin0.3050+0.361%Bitget0.3050+0.361%BingX0.3050+0.361%Phemex0.3050+0.361%Binance0.3051+0.394%Coinbase International0.3051+0.394%dYdX0.3051+0.403%Hyperliquid0.3055+0.519%Bulk0.3056+0.558%Injective0.3079+1.315%
Pacifica
MEXC
KuCoin
Bitget
BingX
Phemex
Binance
Coinbase International
dYdX
Hyperliquid
Bulk
InjectiveJUP on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni JUP | −0.272% | +0.0100% | 4h | $743K | $1.2M | — | as long as short |
| Reya JUPRUSDPERP | −0.272% | +0.0057% | 1h | — | — | 20x | as long as short |
| Nado JUP-PERP | −0.191% | +0.0100% | 1h | $615K | $600K | 10x | as long as short |
| Orderly PERP_JUP_USDC | −0.175% | +0.0099% | 4h | $26K | $34K | 10x | as long as short |
| BloFin JUP-USDT | −0.142% | +0.0078% | 4h | $970K | $247K | 50x | as long as short |
| Aevo JUP-PERP | −0.125% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Deribit JUP_USDC-PERPETUAL | −0.116% | −0.0210% | 1h | $58K | $11K | 10x | as long as short |
| Phoenix JUP | −0.112% | +0.0105% | 1h | $41K | $339K | 10x | as long as short |
| Backpack JUP_USDC_PERP | −0.109% | +0.0100% | 1h | $1.0M | $267K | 10x | as long as short |
| ApeX Omni JUPUSDT | −0.109% | +0.0100% | 1h | $162K | $317K | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX JUP-USDT | −0.109% | +0.0100% | 4h | $116K | $84K | 20x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | −0.109% | L +0.0015% / S +0.0020% | 1h | $11K | — | 100x | as long as short |
| Aster JUPUSDT | −0.096% | +0.0100% | 4h | $128K | $354K | 10x | as long as short |
| 01 Exchange JUPUSD | −0.089% | −0.0048% | 1h | $27K | $20K | 5x | as long as short |
| gTrade (Gains Network) JUP/USD | −0.084% | L +0.0002% / S −0.0001% | 1h | $18K | — | 150x | as long as short |
| Paradex JUP-USD-PERP | −0.046% | +0.0093% | 8h | $10K | $15K | 10x | as long as short |
| OKX JUP-USDT-SWAP | −0.043% | −0.0061% | 4h | $4.4M | $16.1M | 50x | as long as short |
| Lighter JUP | −0.017% | +0.0096% | 1h | $918K | $1.0M | 10x | as long as short |
| Kraken Futures PF_JUPUSDlong | 0.000% | +0.0419% | 1h | $651K | $566K | 20x | |
| Polymarket Perps JUP-USD | +0.006% | +0.0100% | 1h | $111K | $90K | 10x | as long as short |
| Extended JUP-USD | +0.014% | +0.0696% | 1h | $2.3M | $323K | 25x | as long as short |
| Gate JUP_USDT | +0.022% | +0.0034% | 4h | $827K | $1.8M | 75x | as long as short |
| Bybit JUPUSDTshort | +0.025% | +0.0100% | 4h | $17.7M | $22.1M | 50x | |
| Pacifica JUP | +0.059% | +0.0056% | 1h | $292K | $181K | 10x | as long as short |
| MEXC JUP_USDT | +0.088% | +0.0100% | 4h | $8.4M | $6.6M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.088% | +0.0100% | 4h | $4.4M | $7.4M | 50x | as long as short |
| Bitget JUPUSDT | +0.088% | +0.0100% | 4h | $5.8M | $8.7M | 75x | as long as short |
| BingX JUP-USDT | +0.088% | +0.0100% | 4h | — | $20.7M | — | as long as short |
| Phemex JUPUSDT | +0.088% | +0.0143% | 4h | $3.0M | $3.9M | 50x | as long as short |
| Binance JUPUSDT | +0.121% | +0.0100% | 4h | $17.6M | $53.2M | 75x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.121% | +0.0208% | 1h | $81K | $162K | 50x | as long as short |
| dYdX JUP-USD | +0.130% | +0.0365% | 1h | $40K | $37K | 5x | as long as short |
| Hyperliquid JUP | +0.245% | +0.0231% | 1h | $20.3M | $12.7M | 10x | as long as short |
| Bulk JUP-USD | +0.285% | +0.0100% | 1h | $61K | $3K | 10x | as long as short |
| Injective JUP/USDC PERP | +1.039% | +0.3440% | 1h | $6K | $9K | 5.5x | as long as short |