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 0.000%

Price spread now: HTX against MEXC−0.240%7-day average −0.222% · you buy dearer than you sell

Net, funding: paid 7d − costs−$233as in the Funding arb table

Net, price: spread back to 7d avg − costs−$240as in the Price arb table

costs, in and out, $10k−$2392.386% of the position

Long on MEXC Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.052%+$5 on $10k

Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.240%, 7d avg −0.222%

Together, before fees+0.110%+$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC JUP_USDT	0.2922	0.0100	pay 0.0050% / 4h	17m 16s	$6.9M	$5.5M	200x
Short	HTX JUP-USDT	0.2915	0.0100	get 0.0050% / 4h	17m 16s	$110K	$42K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.240%Rate

Funding earned: $0
Price spread: −0.240% → −0.222%: −$1.77
Slippage, 4 orders: −$226.6
Fee MEXC: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: −$240.37
Costs to cover: 2.386%
Break-even: never at this rate

Slippage from MEXC: live order book, just now; HTX: live order book, 19 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, just now	1.71 bp	4.4 bp −$4	13.1 bp −$131	107.6 bp −$10.8K	251.3 bp −$125.6K
Sell HTX live order book, 19 min ago	12.03 bp	113.3 bp −$113	doesn't fit	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	−0.3836%	1h	0.2875	−1.608%	$3K	$207K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2915	−0.230%	$16K	—	100x	as long as short
Pacifica JUP	−0.0058%	1h	0.2916	−0.199%	$278K	$138K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2922	+0.010%	$16K	—	150x	as long as short
dYdX JUP-USD	+0.0028%	1h	0.2915	−0.224%	$39K	$15K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2920	−0.067%	—	—	20x	as long as short
Deribit JUP_USDC-PERPETUAL	+0.0092%	1h	0.2923	+0.048%	$53K	$17K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2925	+0.106%	$757K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0097%	8h	0.2916	−0.215%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2919	−0.086%	$574K	$492K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid JUP	+0.0100%	1h	0.2924	+0.065%	$18.0M	$8.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2924	+0.056%	$101K	$295K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2924	+0.056%	$16.0M	$38.8M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2920	−0.072%	$15.8M	$17.3M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2921	−0.034%	$4.0M	$10.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2912	−0.342%	$60K	$2K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2919	−0.103%	$699K	$1.4M	75x	as long as short
MEXC JUP_USDTlong	+0.0100%	4h	0.2922	long leg	$6.9M	$5.5M	200x
KuCoin JUPUSDTM	+0.0100%	4h	0.2918	−0.137%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2922	0.000%	$5.8M	$4.9M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2920	−0.068%	—	$20.5M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2916	−0.192%	$965K	$223K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2903	−0.651%	$705K	$529K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2915	−0.227%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2913	−0.308%	$161K	$254K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2920	−0.068%	$92K	$106K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2923	+0.034%	$33K	$29K	10x	as long as short
HTX JUP-USDTshort	+0.0100%	4h	0.2915	−0.240%	$110K	$42K	20x
Extended JUP-USD	+0.0104%	1h	0.2921	−0.035%	$2.2M	$579K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2921	−0.021%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0136%	1h	0.2920	−0.068%	$26K	$2K	5x	as long as short
Coinbase International JUP-PERP-INTX	+0.0320%	1h	0.2927	+0.157%	$74K	$49K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2914	−0.274%	$814K	$370K	50x	as long as short
Phoenix JUP	+0.0355%	1h	0.2909	−0.455%	$104K	$284K	10x	as long as short
Phemex JUPUSDT	+0.0368%	4h	0.2924	+0.068%	$2.9M	$3.0M	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0414%	1h	0.2925	+0.101%	$576K	$417K	20x	as long as short