Spread before costs (cost unknown: a leg has no order-book sample)+0.192%
7d average−0.112%if it closes, per $10,000$19funding while held, a day−$5.11
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_JUPUSD | 0.3016 | 0.0270 | pay 0.0034% / 1h | 21m 42s | $584K | $610K | 20x |
| Short | Variational Omni JUP | 0.3022 | 0.0100 | get 0.0050% / 4h | 3h 21m | $741K | $1.2M | — |
Kraken Futures PF_JUPUSD
Variational Omni JUPPrice 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
- $19.23
- Funding while held
- −$5.11
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $4.12
- Spread needed to break even
- 0.100%
Slippage unknown: Kraken Futures: live order book, 23 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0170%
- Per $10,000 a day
- −$5.11
- 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, 23 min ago | 14.71 bp | 28.1 bp −$28 | 135.9 bp −$1,359 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 4.96 bp | doesn't fit | 41.4 bp −$414 | doesn't fit | doesn't fit |
JUP price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2983cheapestBybit0.3005+0.748%Extended0.3006+0.764%OKX0.3006+0.771%Gate0.3006+0.771%Bitget0.3006+0.771%BingX0.3006+0.771%HTX0.3006+0.771%Paradex0.3008+0.826%Binance0.3008+0.831%Pacifica0.3009+0.872%MEXC0.3009+0.872%KuCoin0.3010+0.905%Lighter0.3010+0.922%01 Exchange0.3011+0.925%Reya0.3011+0.935%Aster0.3012+0.972%Aevo0.3012+0.982%dYdX0.3012+0.982%Nado0.3012+0.989%Backpack0.3013+1.006%Orderly0.3013+1.006%BloFin0.3014+1.039%Deribit0.3014+1.053%Hyperliquid0.3014+1.056%GMX0.3015+1.075%gTrade (Gains Network)0.3016+1.094%Polymarket Perps0.3016+1.096%
Injective
Bybit
Extended
OKX
Gate
Bitget
BingX
HTX
Paradex
Binance
Pacifica
MEXC
KuCoin
Lighter
Reya
Aster
Aevo
dYdX
Nado
Backpack
Orderly
BloFin
Deribit
Hyperliquid
GMX
gTrade (Gains Network)
Polymarket PerpsKraken Futures0.3016+1.098%
Coinbase International0.3017+1.140%Phemex0.3019+1.207%
Coinbase International
PhemexVariational Omni0.3022+1.292%
Bulk0.3022+1.312%ApeX Omni0.3023+1.341%Phoenix0.3024+1.385%
Bulk
ApeX Omni
PhoenixJUP on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective JUP/USDC PERP | −1.086% | −0.3509% | 1h | $5K | $17K | 5.5x | as long as short |
| Bybit JUPUSDT | −0.346% | +0.0100% | 4h | $17.1M | $22.3M | 50x | as long as short |
| Extended JUP-USD | −0.330% | +0.0144% | 1h | $2.2M | $456K | 25x | as long as short |
| OKX JUP-USDT-SWAP | −0.323% | −0.0247% | 4h | $4.3M | $16.2M | 50x | as long as short |
| Gate JUP_USDT | −0.323% | +0.0078% | 4h | $807K | $1.8M | 75x | as long as short |
| Bitget JUPUSDT | −0.323% | +0.0100% | 4h | $5.7M | $8.7M | 75x | as long as short |
| BingX JUP-USDT | −0.323% | +0.0100% | 4h | — | $21.1M | — | as long as short |
| HTX JUP-USDT | −0.323% | +0.0100% | 4h | $113K | $88K | 20x | as long as short |
| Paradex JUP-USD-PERP | −0.268% | +0.0073% | 8h | $9K | $15K | 10x | as long as short |
| Binance JUPUSDT | −0.264% | +0.0100% | 4h | $16.9M | $54.9M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica JUP | −0.224% | +0.0100% | 1h | $287K | $183K | 10x | as long as short |
| MEXC JUP_USDT | −0.224% | +0.0100% | 4h | $8.1M | $7.2M | 200x | as long as short |
| KuCoin JUPUSDTM | −0.191% | +0.0100% | 4h | $4.2M | $7.3M | 50x | as long as short |
| Lighter JUP | −0.174% | +0.0096% | 1h | $880K | $1.1M | 10x | as long as short |
| 01 Exchange JUPUSD | −0.171% | −0.0192% | 1h | $27K | $19K | 5x | as long as short |
| Reya JUPRUSDPERP | −0.161% | +0.0057% | 1h | — | — | 20x | as long as short |
| Aster JUPUSDT | −0.124% | +0.0045% | 4h | $120K | $353K | 10x | as long as short |
| Aevo JUP-PERP | −0.115% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| dYdX JUP-USD | −0.115% | 0.0000% | 1h | $39K | $41K | 5x | as long as short |
| Nado JUP-PERP | −0.108% | +0.0100% | 1h | $620K | $612K | 10x | as long as short |
| Backpack JUP_USDC_PERP | −0.091% | +0.0084% | 1h | $994K | $280K | 10x | as long as short |
| Orderly PERP_JUP_USDC | −0.091% | +0.0099% | 4h | $25K | $36K | 10x | as long as short |
| BloFin JUP-USDT | −0.058% | +0.0141% | 4h | $939K | $263K | 50x | as long as short |
| Deribit JUP_USDC-PERPETUAL | −0.045% | 0.0000% | 1h | $58K | $13K | 10x | as long as short |
| Hyperliquid JUP | −0.041% | +0.0100% | 1h | $19.9M | $13.0M | 10x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | −0.022% | L −0.0191% / S +0.0095% | 1h | $13K | — | 100x | as long as short |
| gTrade (Gains Network) JUP/USD | −0.004% | L +0.0002% / S −0.0001% | 1h | $16K | — | 150x | as long as short |
| Polymarket Perps JUP-USD | −0.002% | +0.0100% | 1h | $94K | $149K | 10x | as long as short |
| Kraken Futures PF_JUPUSDlong | 0.000% | +0.0270% | 1h | $584K | $610K | 20x | |
| Coinbase International JUP-PERP-INTX | +0.042% | +0.0080% | 1h | $77K | $133K | 50x | as long as short |
| Phemex JUPUSDT | +0.108% | +0.0100% | 4h | $2.9M | $4.0M | 50x | as long as short |
| Variational Omni JUPshort | +0.192% | +0.0100% | 4h | $741K | $1.2M | — | |
| Bulk JUP-USD | +0.212% | +0.0100% | 1h | $60K | $1K | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.241% | +0.0100% | 1h | $161K | $318K | 50x | as long as short |
| Phoenix JUP | +0.284% | +0.0053% | 1h | $44K | $340K | 10x | as long as short |