Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0015%/8h= +1.6% APRpaid last 24h −0.001%

Price spread now: ApeX Omni against Paradex+0.152%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and ApeX Omni is 0.152% dearer against Paradex than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex JUP-USD-PERP	0.2970	0.0085	pay 0.0085% / 8h	23m 14s	$9K	$13K	10x
Short	ApeX Omni JUPUSDT	0.2975	0.0100	get 0.0013% / 1h	23m 14s	$158K	$319K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Paradex. 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 ParadexbpFee ApeX OmnibpOrdersPrice spread, now +0.152%Rate

Funding earned: $3.08
Price spread: +0.152% → 0.000%: $15.15
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $4.24
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; ApeX Omni: live order book, 54 min ago. Net counts fees only.

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 Paradex no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 54 min ago	6.77 bp	15.9 bp −$16	97.6 bp −$976	doesn't fit	doesn't fit

Paradex: 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 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	−0.690%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2971	+0.017%	$16K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0209%	1h	0.2973	+0.079%	$599K	$597K	20x	as long as short
Pacifica JUP	−0.0199%	1h	0.2971	+0.019%	$283K	$167K	10x	as long as short
Bybit JUPUSDT	−0.0056%	4h	0.2968	−0.084%	$16.2M	$22.3M	50x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0019%	1h	0.2972	+0.047%	$56K	$14K	10x	as long as short
01 Exchange JUPUSD	0.0000%	1h	0.2967	−0.111%	$26K	$19K	5x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2970	−0.001%	$17K	—	150x	as long as short
Gate JUP_USDT	+0.0046%	4h	0.2967	−0.118%	$741K	$1.8M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2968	−0.090%	—	—	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	+0.0059%	1h	0.2973	+0.101%	$39K	$33K	5x	as long as short
Variational Omni JUP	+0.0075%	4h	0.2975	+0.157%	$720K	$880K	—	as long as short
Paradex JUP-USD-PERPlong	+0.0085%	8h	0.2970	long leg	$9K	$13K	10x
OKX JUP-USDT-SWAP	+0.0093%	4h	0.2969	−0.050%	$4.1M	$16.2M	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2974	+0.111%	$795K	$1.4M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2971	+0.017%	$31K	$48K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2969	−0.059%	$613K	$654K	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2971	+0.031%	$115K	$361K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2971	+0.017%	$16.3M	$52.8M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2981	+0.356%	$58K	$2K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2969	−0.050%	$8.1M	$7.7M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2971	+0.017%	$4.2M	$7.0M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2971	+0.017%	$5.8M	$7.5M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2969	−0.050%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2971	+0.014%	$983K	$239K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2982	+0.381%	$1.7M	$3.8M	10x	as long as short
ApeX Omni JUPUSDTshort	+0.0100%	1h	0.2975	+0.152%	$158K	$319K	50x
Polymarket Perps JUP-USD	+0.0100%	1h	0.2974	+0.115%	$94K	$126K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2962	−0.286%	$111K	$65K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2975	+0.152%	$2.9M	$3.9M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2969	−0.064%	$40K	—	3x	as long as short
Hyperliquid JUP	+0.0120%	1h	0.2975	+0.136%	$19.1M	$13.0M	10x	as long as short
BloFin JUP-USDT	+0.0139%	4h	0.2969	−0.050%	$848K	$319K	50x	as long as short
Phoenix JUP	+0.0162%	1h	0.2984	+0.441%	$97K	$479K	10x	as long as short
Extended JUP-USD	+0.0232%	1h	0.2969	−0.053%	$2.2M	$507K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.3000	+1.007%	$75K	$92K	50x	as long as short