Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0003%/8h= +0.4% APRpaid last 24h −0.022%

Price spread now: Gate against Paradex+0.079%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 Gate

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: Gate is 0.079% dearer against Paradex than usual: you sell high and buy low, +$8 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	0.2965	0.0097	pay 0.0097% / 8h	5h 35m	$9K	$11K	10x
Short	Gate JUP_USDT	0.2967	0.0100	get 0.0050% / 4h	1h 35m	$741K	$1.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.079%Rate

Funding earned: $0.68
Price spread: +0.079% → 0.000%: $7.87
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$10.45
Costs to cover: 0.190%
Break-even: 114.1 days

Slippage unknown: Paradex: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago	3.38 bp	22.8 bp −$23	85.6 bp −$856	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	−0.5000%	1h	0.2918	−1.574%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0340% / S +0.0664%	1h	0.2968	+0.106%	$16K	—	100x	as long as short
Pacifica JUP	−0.0224%	1h	0.2964	−0.014%	$282K	$147K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2969	+0.133%	$55K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2967	+0.085%	—	—	150x	as long as short
Bybit JUPUSDT	+0.0002%	4h	0.2966	+0.058%	$15.9M	$19.2M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0049%	4h	0.2968	+0.112%	$4.1M	$12.6M	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2967	+0.095%	—	—	20x	as long as short
Backpack JUP_USDC_PERP	+0.0059%	1h	0.2968	+0.112%	$986K	$255K	10x	as long as short
dYdX JUP-USD	+0.0089%	1h	0.2966	+0.035%	$39K	$27K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter JUP	+0.0096%	1h	0.2972	+0.230%	$786K	$1.1M	10x	as long as short
Paradex JUP-USD-PERPlong	+0.0097%	8h	0.2965	long leg	$9K	$11K	10x
Nado JUP-PERP	+0.0100%	1h	0.2965	+0.028%	$600K	$509K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2971	+0.220%	$18.9M	$9.9M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2968	+0.113%	$114K	$298K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2969	+0.139%	$16.4M	$43.2M	75x	as long as short
Gate JUP_USDTshort	+0.0100%	4h	0.2967	+0.079%	$741K	$1.4M	75x
MEXC JUP_USDT	+0.0100%	4h	0.2968	+0.112%	$7.5M	$6.6M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2967	+0.079%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2969	+0.146%	$5.8M	$6.0M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2967	+0.079%	—	$20.8M	—	as long as short
Variational Omni JUP	+0.0100%	4h	0.2965	+0.009%	$723K	$698K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2960	−0.145%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2957	−0.259%	$157K	$275K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2970	+0.173%	$94K	$107K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2968	+0.112%	$31K	$42K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2965	+0.011%	$112K	$47K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2973	+0.281%	$2.9M	$3.3M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2965	+0.018%	$62K	$8K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2967	+0.079%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0184%	1h	0.2968	+0.123%	$26K	$19K	5x	as long as short
Kraken Futures PF_JUPUSD	+0.0199%	1h	0.2969	+0.150%	$593K	$494K	20x	as long as short
Coinbase International JUP-PERP-INTX	+0.0240%	1h	0.2966	+0.052%	$75K	$50K	50x	as long as short
Phoenix JUP	+0.0244%	1h	0.2968	+0.112%	$98K	$329K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2964	−0.022%	$840K	$371K	50x	as long as short
Extended JUP-USD	+0.0352%	1h	0.2968	+0.110%	$2.2M	$493K	25x	as long as short