Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.004%

Price spread now: BloFin against Paradex+0.062%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 BloFin

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.062% dearer against Paradex than usual: you sell high and buy low, +$6 on $10k if it 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	0.2956	0.0074	pay 0.0074% / 8h	1h 16m	$9K	$13K	10x
Short	BloFin JUP-USDT	0.2958	0.0070	get 0.0035% / 4h	1h 16m	$844K	$327K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.062%Rate

Funding earned: −$0.74
Price spread: +0.062% → 0.000%: $6.23
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$10.51
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; BloFin: live order book, 65 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 BloFin live order book, 65 min ago	1.68 bp	11.6 bp −$12	19.1 bp −$191	66.0 bp −$6,603	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	−0.3508%	1h	0.2911	−1.528%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0473% / S +0.0334%	1h	0.2956	+0.007%	$15K	—	100x	as long as short
Pacifica JUP	−0.0335%	1h	0.2956	+0.009%	$282K	$171K	10x	as long as short
Kraken Futures PF_JUPUSD	−0.0176%	1h	0.2957	+0.014%	$600K	$614K	20x	as long as short
01 Exchange JUPUSD	−0.0016%	1h	0.2958	+0.045%	$26K	$19K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2957	+0.028%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2957	+0.044%	$17K	—	150x	as long as short
Gate JUP_USDT	+0.0010%	4h	0.2953	−0.107%	$745K	$1.9M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2954	−0.086%	—	—	20x	as long as short
BloFin JUP-USDTshort	+0.0070%	4h	0.2958	+0.062%	$844K	$327K	50x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex JUP-USD-PERPlong	+0.0074%	8h	0.2956	long leg	$9K	$13K	10x
Bybit JUPUSDT	+0.0084%	4h	0.2954	−0.073%	$16.2M	$23.3M	50x	as long as short
Lighter JUP	+0.0096%	1h	0.2959	+0.099%	$793K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2952	−0.149%	$611K	$671K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2961	+0.167%	$19.0M	$13.5M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2958	+0.055%	$106K	$359K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2957	+0.028%	$16.3M	$54.6M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2956	−0.005%	$4.0M	$16.5M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2959	+0.096%	$57K	$3K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2957	+0.028%	$8.1M	$8.1M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2958	+0.062%	$4.3M	$7.1M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2956	−0.005%	$5.6M	$8.2M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2956	−0.005%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2956	+0.001%	$978K	$255K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2955	−0.052%	$714K	$1.1M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2961	+0.164%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2957	+0.028%	$157K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2960	+0.127%	$93K	$132K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2957	+0.028%	$31K	$49K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2948	−0.276%	$111K	$67K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2961	+0.164%	$2.9M	$4.0M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2953	−0.093%	$40K	—	3x	as long as short
dYdX JUP-USD	+0.0137%	1h	0.2957	+0.016%	$39K	$35K	5x	as long as short
Extended JUP-USD	+0.0168%	1h	0.2956	−0.008%	$2.2M	$503K	25x	as long as short
Phoenix JUP	+0.0190%	1h	0.2959	+0.083%	$95K	$441K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0264%	1h	0.2956	+0.005%	$74K	$94K	50x	as long as short