Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%

Price spread now: OKX against KuCoin0.000%7-day average −0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1111.107% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 7 days−0.036%−$4 · spread now 0.000%, 7d avg −0.073%

Together, before fees−0.043%−$4 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: OKX is 0.073% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin JUPUSDTM	0.2920	0.0100	pay 0.0050% / 4h	1h 30m	$4.0M	$6.7M	50x
Short	OKX JUP-USDT-SWAP	0.2920	0.0100	get 0.0050% / 4h	1h 30m	$4.0M	$10.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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 KuCoinbpFee OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.073%: $7.28
Slippage, 4 orders: −$88.67
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$103.39
Costs to cover: 1.107%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; OKX: 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 KuCoin live order book, 8 min ago	6.83 bp	45.0 bp −$45	120.7 bp −$1,207	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	1.71 bp	14.2 bp −$14	59.5 bp −$595	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	0.2885	−1.199%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2917	−0.088%	$16K	—	100x	as long as short
Pacifica JUP	−0.0041%	1h	0.2917	−0.107%	$278K	$140K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2917	−0.109%	—	—	150x	as long as short
dYdX JUP-USD	+0.0015%	1h	0.2918	−0.052%	$39K	$18K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2918	−0.059%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2922	+0.079%	$757K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0100%	8h	0.2916	−0.121%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2917	−0.111%	$572K	$489K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2919	−0.048%	$18.0M	$9.0M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster JUPUSDT	+0.0100%	4h	0.2919	−0.048%	$105K	$281K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2919	−0.022%	$16.0M	$39.4M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2918	−0.068%	$15.8M	$17.6M	50x	as long as short
OKX JUP-USDT-SWAPshort	+0.0100%	4h	0.2920	0.000%	$4.0M	$10.5M	50x
Gate JUP_USDT	+0.0100%	4h	0.2918	−0.068%	$697K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2920	0.000%	$6.7M	$5.6M	200x	as long as short
KuCoin JUPUSDTMlong	+0.0100%	4h	0.2920	long leg	$4.0M	$6.7M	50x
Bitget JUPUSDT	+0.0100%	4h	0.2920	0.000%	$5.7M	$5.1M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2919	−0.034%	—	$20.6M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2918	−0.062%	$966K	$229K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2914	−0.206%	$706K	$624K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2920	−0.013%	$1.6M	$4.1M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2918	−0.068%	$161K	$255K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2920	−0.014%	$93K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2919	−0.034%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2911	−0.308%	$109K	$42K	20x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2918	−0.068%	$61K	$2K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2918	−0.062%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0160%	1h	0.2918	−0.058%	$26K	$6K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	+0.0195%	1h	0.2921	+0.041%	$52K	$17K	10x	as long as short
Extended JUP-USD	+0.0240%	1h	0.2919	−0.024%	$2.2M	$571K	25x	as long as short
Phoenix JUP	+0.0244%	1h	0.2922	+0.051%	$97K	$285K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0304%	1h	0.2940	+0.702%	$74K	$49K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2917	−0.103%	$822K	$376K	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0377%	1h	0.2922	+0.052%	$577K	$416K	20x	as long as short
Phemex JUPUSDT	+0.0554%	4h	0.2923	+0.103%	$2.9M	$3.0M	50x	as long as short