JUP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0184%/8h= −20.1% APRnext payment −$0.92 per $10,000 · paid last 24h −0.024%

Price spread now: Gate against MEXC−0.101%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$640.638% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.101%, 7d avg −0.031%

Together, before fees+0.111%+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.069% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.031%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.92 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC JUP_USDT	0.2977	0.0100	pay 0.0050% / 4h	3h 23m	$8.1M	$8.0M	200x
Short	Gate JUP_USDT	0.2974	−0.0084	pay 0.0042% / 4h	3h 23m	$746K	$2.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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 MEXCbpFee GatebpOrdersPrice spread, now −0.101%Rate

Funding earned: −$38.64
Price spread: −0.101% → −0.031%: −$6.95
Slippage, 4 orders: −$48.84
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$109.42
Costs to cover: 0.638%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Gate: live order book, 4 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 MEXC live order book, 4 min ago	3.35 bp	5.6 bp −$6	18.1 bp −$181	94.6 bp −$9,464	244.7 bp −$122.3K
Sell Gate live order book, 4 min ago	3.35 bp	25.5 bp −$26	106.8 bp −$1,068	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	−0.4049%	1h	0.3006	+0.974%	$3K	$110K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0608% / S +0.0214%	1h	0.2978	+0.048%	$13K	—	100x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0153%	1h	0.2978	+0.040%	$58K	$13K	10x	as long as short
Gate JUP_USDTshort	−0.0084%	4h	0.2974	−0.101%	$746K	$2.0M	75x
Phoenix JUP	0.0000%	1h	0.2990	+0.447%	$95K	$396K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2979	+0.061%	$17K	—	150x	as long as short
dYdX JUP-USD	+0.0038%	1h	0.2979	+0.061%	$39K	$41K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2976	−0.050%	—	—	20x	as long as short
Bybit JUPUSDT	+0.0086%	4h	0.2973	−0.134%	$16.3M	$24.2M	50x	as long as short
Paradex JUP-USD-PERP	+0.0093%	8h	0.2975	−0.071%	$9K	$15K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin JUP-USDT	+0.0095%	4h	0.2983	+0.202%	$867K	$276K	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2981	+0.121%	$926K	$1.2M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2978	+0.034%	$31K	$52K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2974	−0.118%	$597K	$668K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2984	+0.225%	$19.2M	$14.1M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2978	+0.048%	$108K	$369K	10x	as long as short
Pacifica JUP	+0.0100%	1h	0.2978	+0.031%	$284K	$175K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2977	0.000%	$16.6M	$56.8M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2975	−0.067%	$4.1M	$16.8M	50x	as long as short
MEXC JUP_USDTlong	+0.0100%	4h	0.2977	long leg	$8.1M	$8.0M	200x
KuCoin JUPUSDTM	+0.0100%	4h	0.2979	+0.067%	$4.5M	$7.3M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2974	−0.101%	$5.7M	$8.8M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2975	−0.067%	—	$21.6M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2982	+0.181%	$989K	$275K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2986	+0.287%	$733K	$1.2M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2983	+0.204%	$1.6M	$4.2M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2983	+0.202%	$159K	$320K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2982	+0.165%	$94K	$139K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2979	+0.067%	$112K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2987	+0.336%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.3003	+0.860%	$58K	$4K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2974	−0.084%	$41K	—	3x	as long as short
01 Exchange JUPUSD	+0.0136%	1h	0.2978	+0.034%	$26K	$19K	5x	as long as short
Extended JUP-USD	+0.0192%	1h	0.2975	−0.077%	$2.2M	$542K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.2994	+0.564%	$74K	$95K	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0286%	1h	0.2979	+0.052%	$603K	$627K	20x	as long as short