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: HTX against OKX−0.275%7-day average −0.175% · you buy dearer than you sell

Net, funding: paid 7d − costs−$247as in the Funding arb table

Net, price: spread back to 7d avg − costs−$265as in the Price arb table

costs, in and out, $10k−$2552.546% of the position

Long on OKX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.078%+$8 on $10k

Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.275%, 7d avg −0.175%

Together, before fees+0.231%+$23 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: HTX is 0.101% cheaper against OKX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.175%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX JUP-USDT-SWAP	0.2905	0.0100	pay 0.0050% / 4h	2h 30m	$4.0M	$10.7M	50x
Short	HTX JUP-USDT	0.2897	0.0100	get 0.0050% / 4h	2h 30m	$109K	$44K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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 OKXbpFee HTXbpOrdersPrice spread, now −0.275%Rate

Funding earned: $0
Price spread: −0.275% → −0.175%: −$10.07
Slippage, 4 orders: −$232.62
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$264.69
Costs to cover: 2.546%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; HTX: live order book, 16 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 OKX live order book, 3 min ago	1.72 bp	14.0 bp −$14	59.2 bp −$592	doesn't fit	doesn't fit
Sell HTX live order book, 16 min ago	6.80 bp	116.7 bp −$117	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	−0.4499%	1h	0.2910	+0.172%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2906	+0.026%	$16K	—	100x	as long as short
Pacifica JUP	−0.0230%	1h	0.2904	−0.023%	$277K	$145K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2907	+0.059%	$52K	$17K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2907	+0.062%	—	—	150x	as long as short
dYdX JUP-USD	+0.0014%	1h	0.2904	−0.050%	$38K	$20K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2909	+0.148%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2908	+0.107%	$758K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0100%	8h	0.2904	−0.028%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2910	+0.164%	$577K	$493K	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	0.2911	+0.217%	$18.3M	$8.7M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2906	+0.040%	$107K	$280K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2907	+0.055%	$15.9M	$39.6M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2904	−0.034%	$15.6M	$17.8M	50x	as long as short
OKX JUP-USDT-SWAPlong	+0.0100%	4h	0.2905	long leg	$4.0M	$10.7M	50x
Bulk JUP-USD	+0.0100%	1h	0.2909	+0.154%	$61K	−$0	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2906	+0.034%	$712K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2906	+0.034%	$6.8M	$6.1M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2907	+0.069%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2907	+0.069%	$5.7M	$5.2M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2905	0.000%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2903	−0.069%	$960K	$189K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2898	−0.239%	$703K	$630K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2911	+0.190%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2908	+0.103%	$160K	$255K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2910	+0.165%	$92K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2907	+0.069%	$33K	$29K	10x	as long as short
HTX JUP-USDTshort	+0.0100%	4h	0.2897	−0.275%	$109K	$44K	20x
Aevo JUP-PERP	+0.0104%	1h	0.2904	−0.042%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0128%	1h	0.2909	+0.145%	$26K	$10K	5x	as long as short
Extended JUP-USD	+0.0160%	1h	0.2905	−0.001%	$2.2M	$524K	25x	as long as short
Kraken Futures PF_JUPUSD	+0.0260%	1h	0.2907	+0.078%	$577K	$460K	20x	as long as short
Phoenix JUP	+0.0271%	1h	0.2917	+0.417%	$98K	$280K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0280%	1h	0.2909	+0.141%	$74K	$48K	50x	as long as short
Phemex JUPUSDT	+0.0284%	4h	0.2912	+0.241%	$2.8M	$3.0M	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2903	−0.069%	$825K	$375K	50x	as long as short