Spread before costs (cost unknown: a leg has no order-book sample)+0.096%
7d average+0.104%if it closes, per $10,000$10funding while held, a day−$8.05
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado JUP-PERP | 0.2931 | 0.0100 | pay 0.0012% / 1h | 31m 39s | $598K | $633K | 10x |
| Short | GMX JUP/USD [WBTC.b-USDC] | 0.2934 | L −0.0463% / S +0.0168% | pay 0.0021% / 1h | 31m 39s | $13K | — | 100x |
Nado JUP-PERP
GMX JUP/USD [WBTC.b-USDC]Price 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
- $9.55
- Funding while held
- −$8.05
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$17.5
- Spread needed to break even
- 0.190%
Slippage unknown: Nado: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0268%
- Per $10,000 a day
- −$8.05
- 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 Nado live order book, 3 min ago | 0.68 bp | 8.2 bp −$8 | 36.7 bp −$367 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
JUP price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2906cheapestHTX0.2926+0.688%
Injective
HTXNado0.2931+0.869%
Reya0.2931+0.873%Aevo0.2932+0.877%Orderly0.2933+0.929%Backpack0.2933+0.933%01 Exchange0.2933+0.943%gTrade (Gains Network)0.2934+0.961%Aster0.2934+0.964%Gate0.2934+0.964%
Reya
Aevo
Orderly
Backpack
gTrade (Gains Network)
Aster
GateGMX0.2934+0.965%
Kraken Futures0.2934+0.968%Deribit0.2934+0.981%Bybit0.2935+0.998%OKX0.2935+0.998%BingX0.2935+0.998%Extended0.2935+1.003%Bulk0.2936+1.015%Polymarket Perps0.2936+1.029%Bitget0.2936+1.032%Phemex0.2936+1.032%Paradex0.2937+1.058%Binance0.2937+1.067%MEXC0.2937+1.067%KuCoin0.2937+1.067%BloFin0.2937+1.067%Pacifica0.2938+1.094%dYdX0.2938+1.105%Coinbase International0.2939+1.142%Lighter0.2939+1.153%Hyperliquid0.2940+1.167%ApeX Omni0.2946+1.376%Phoenix0.2947+1.418%Variational Omni0.2948+1.432%
Kraken Futures
Deribit
Bybit
OKX
BingX
Extended
Bulk
Polymarket Perps
Bitget
Phemex
Paradex
Binance
MEXC
KuCoin
BloFin
Pacifica
dYdX
Coinbase International
Lighter
Hyperliquid
ApeX Omni
Phoenix
Variational OmniJUP on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective JUP/USDC PERP | −0.861% | +0.0053% | 1h | $4K | $18K | 5.5x | as long as short |
| HTX JUP-USDT | −0.179% | +0.0100% | 4h | $110K | $76K | 20x | as long as short |
| Nado JUP-PERPlong | 0.000% | +0.0100% | 1h | $598K | $633K | 10x | |
| Reya JUPRUSDPERP | +0.004% | +0.0057% | 1h | — | — | 20x | as long as short |
| Aevo JUP-PERP | +0.009% | +0.0104% | 1h | $40K | — | 3x | as long as short |
| Orderly PERP_JUP_USDC | +0.060% | +0.0096% | 4h | $24K | $40K | 10x | as long as short |
| Backpack JUP_USDC_PERP | +0.063% | −0.0100% | 1h | $968K | $259K | 10x | as long as short |
| 01 Exchange JUPUSD | +0.073% | +0.0008% | 1h | $26K | $19K | 5x | as long as short |
| gTrade (Gains Network) JUP/USD | +0.092% | L +0.0002% / S −0.0001% | 1h | $16K | — | 150x | as long as short |
| Aster JUPUSDT | +0.094% | +0.0100% | 4h | $115K | $357K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate JUP_USDT | +0.094% | −0.0222% | 4h | $748K | $1.9M | 75x | as long as short |
| GMX JUP/USD [WBTC.b-USDC]short | +0.096% | L −0.0463% / S +0.0168% | 1h | $13K | — | 100x | |
| Kraken Futures PF_JUPUSD | +0.098% | −0.0120% | 1h | $555K | $564K | 20x | as long as short |
| Deribit JUP_USDC-PERPETUAL | +0.111% | 0.0000% | 1h | $57K | $13K | 10x | as long as short |
| Bybit JUPUSDT | +0.128% | −0.0038% | 4h | $16.5M | $23.2M | 50x | as long as short |
| OKX JUP-USDT-SWAP | +0.128% | −0.0145% | 4h | $4.1M | $16.3M | 50x | as long as short |
| BingX JUP-USDT | +0.128% | +0.0100% | 4h | — | $21.2M | — | as long as short |
| Extended JUP-USD | +0.133% | +0.0288% | 1h | $2.2M | $503K | 25x | as long as short |
| Bulk JUP-USD | +0.145% | +0.0100% | 1h | $58K | $2K | 10x | as long as short |
| Polymarket Perps JUP-USD | +0.159% | +0.0100% | 1h | $92K | $148K | 10x | as long as short |
| Bitget JUPUSDT | +0.162% | +0.0100% | 4h | $5.6M | $8.7M | 75x | as long as short |
| Phemex JUPUSDT | +0.162% | +0.0100% | 4h | $2.9M | $4.1M | 50x | as long as short |
| Paradex JUP-USD-PERP | +0.187% | +0.0078% | 8h | $9K | $15K | 10x | as long as short |
| Binance JUPUSDT | +0.196% | +0.0100% | 4h | $16.5M | $56.1M | 75x | as long as short |
| MEXC JUP_USDT | +0.196% | +0.0100% | 4h | $8.5M | $8.0M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.196% | +0.0100% | 4h | $4.1M | $7.4M | 50x | as long as short |
| BloFin JUP-USDT | +0.196% | +0.0125% | 4h | $889K | $262K | 50x | as long as short |
| Pacifica JUP | +0.223% | +0.0100% | 1h | $281K | $169K | 10x | as long as short |
| dYdX JUP-USD | +0.234% | +0.0074% | 1h | $38K | $41K | 5x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.271% | +0.0256% | 1h | $74K | $90K | 50x | as long as short |
| Lighter JUP | +0.281% | +0.0096% | 1h | $860K | $1.2M | 10x | as long as short |
| Hyperliquid JUP | +0.295% | +0.0100% | 1h | $18.8M | $14.1M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.503% | +0.0100% | 1h | $157K | $321K | 50x | as long as short |
| Phoenix JUP | +0.544% | +0.0055% | 1h | $47K | $383K | 10x | as long as short |
| Variational Omni JUP | +0.558% | +0.0100% | 4h | $712K | $1.2M | — | as long as short |