Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Nado against MEXC+0.034%7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$250.251% of the position

Long on MEXC Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.209%+$21 · spread now +0.034%, 7d avg −0.016%

Together, before fees+0.209%+ Points / potential airdropNado: Active · farm board+$21 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: Nado is 0.049% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC JUP_USDT	0.2969	0.0100	pay 0.0050% / 4h	23m 44s	$8.1M	$7.7M	200x
Short	Nado JUP-PERP	0.2970	0.0100	get 0.0012% / 1h	23m 44s	$613K	$655K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 NadobpOrdersPrice spread, now +0.034%Rate

Funding earned: $0
Price spread: +0.034% → −0.016%: $4.95
Slippage, 4 orders: −$18.15
Fee MEXC: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$20.2
Costs to cover: 0.251%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Nado: live order book, 54 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	1.68 bp	5.4 bp −$5	14.6 bp −$146	90.2 bp −$9,020	248.5 bp −$124.2K
Sell Nado live order book, 54 min ago	1.01 bp	8.2 bp −$8	40.7 bp −$407	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	−0.4371%	1h	0.2950	−0.640%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2972	+0.114%	$16K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0209%	1h	0.2972	+0.087%	$599K	$597K	20x	as long as short
Pacifica JUP	−0.0199%	1h	0.2970	+0.050%	$283K	$167K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0087%	1h	0.2971	+0.054%	$56K	$14K	10x	as long as short
Bybit JUPUSDT	−0.0056%	4h	0.2967	−0.067%	$16.2M	$22.4M	50x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2972	+0.117%	$17K	—	150x	as long as short
01 Exchange JUPUSD	+0.0008%	1h	0.2970	+0.020%	$26K	$19K	5x	as long as short
Gate JUP_USDT	+0.0046%	4h	0.2968	−0.034%	$743K	$1.8M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2968	−0.040%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX JUP-USD	+0.0060%	1h	0.2973	+0.151%	$39K	$33K	5x	as long as short
Variational Omni JUP	+0.0075%	4h	0.2975	+0.207%	$720K	$880K	—	as long as short
Paradex JUP-USD-PERP	+0.0086%	8h	0.2970	+0.040%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2972	+0.111%	$794K	$1.4M	10x	as long as short
OKX JUP-USDT-SWAP	+0.0096%	4h	0.2968	−0.034%	$4.1M	$16.3M	50x	as long as short
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2972	+0.101%	$31K	$48K	10x	as long as short
Nado JUP-PERPshort	+0.0100%	1h	0.2970	+0.034%	$613K	$655K	10x
Aster JUPUSDT	+0.0100%	4h	0.2973	+0.134%	$115K	$361K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2970	+0.034%	$16.3M	$53.1M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2981	+0.407%	$58K	$2K	10x	as long as short
MEXC JUP_USDTlong	+0.0100%	4h	0.2969	long leg	$8.1M	$7.7M	200x
KuCoin JUPUSDTM	+0.0100%	4h	0.2972	+0.101%	$4.2M	$7.0M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2970	+0.034%	$5.8M	$7.6M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2968	−0.034%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2971	+0.064%	$983K	$239K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2982	+0.431%	$1.7M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2983	+0.472%	$159K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2974	+0.165%	$94K	$128K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2965	−0.135%	$111K	$65K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2977	+0.269%	$2.9M	$3.9M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2969	−0.017%	$40K	—	3x	as long as short
Hyperliquid JUP	+0.0119%	1h	0.2975	+0.212%	$19.1M	$13.0M	10x	as long as short
BloFin JUP-USDT	+0.0137%	4h	0.2975	+0.202%	$849K	$320K	50x	as long as short
Phoenix JUP	+0.0162%	1h	0.2984	+0.492%	$97K	$479K	10x	as long as short
Extended JUP-USD	+0.0240%	1h	0.2968	−0.021%	$2.2M	$507K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.3000	+1.058%	$75K	$92K	50x	as long as short