Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0156%/8h= +17.1% APRpaid last 24h −0.006%

Price spread now: 01 Exchange against Paradex+0.041%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 01 Exchange

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 +$5 a day on $10k at the current rate, and 01 Exchange is 0.041% dearer against Paradex than usual: you sell high and buy low: +$4 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	0.2940	0.0100	pay 0.0100% / 8h	1h 55m	$9K	$11K	10x
Short	01 Exchange JUPUSD	0.2941	0.0256	get 0.0032% / 1h	55m 46s	$26K	$8K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.041%Rate

Funding earned: $32.78
Price spread: +0.041% → 0.000%: $4.1
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $25.88
Costs to cover: 0.110%
Break-even: 1.5 days

Slippage unknown: Paradex: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample	—	—	—	—	—

Paradex and 01 Exchange: 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	0.2922	−0.609%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2939	−0.040%	$16K	—	100x	as long as short
Pacifica JUP	−0.0041%	1h	0.2939	−0.036%	$280K	$143K	10x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2939	−0.016%	$39K	$19K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2940	+0.010%	$53K	$17K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2940	+0.009%	—	—	150x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2938	−0.081%	—	—	20x	as long as short
Lighter JUP	+0.0096%	1h	0.2939	−0.027%	$762K	$1.0M	10x	as long as short
Paradex JUP-USD-PERPlong	+0.0100%	8h	0.2940	long leg	$9K	$11K	10x
Nado JUP-PERP	+0.0100%	1h	0.2940	+0.004%	$576K	$494K	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	0.2938	−0.054%	$18.1M	$9.1M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2938	−0.056%	$107K	$282K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2936	−0.116%	$16.1M	$39.8M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2935	−0.163%	$15.9M	$17.9M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2936	−0.132%	$4.1M	$10.9M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2953	+0.437%	$61K	$2K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2939	−0.030%	$714K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2937	−0.098%	$6.8M	$5.6M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2939	−0.030%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2937	−0.098%	$5.8M	$5.2M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2939	−0.030%	—	$20.6M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2940	−0.010%	$973K	$233K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2936	−0.133%	$712K	$625K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2953	+0.452%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2951	+0.378%	$163K	$255K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2940	+0.017%	$93K	$103K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2941	+0.038%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2935	−0.166%	$110K	$44K	20x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2938	−0.053%	$40K	—	3x	as long as short
Extended JUP-USD	+0.0240%	1h	0.2937	−0.106%	$2.2M	$570K	25x	as long as short
01 Exchange JUPUSDshort	+0.0256%	1h	0.2941	+0.041%	$26K	$8K	5x
Phoenix JUP	+0.0271%	1h	0.2951	+0.374%	$98K	$279K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0304%	1h	0.2958	+0.623%	$75K	$49K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2940	+0.004%	$823K	$379K	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0374%	1h	0.2941	+0.023%	$580K	$462K	20x	as long as short
Phemex JUPUSDT	+0.0684%	4h	0.2946	+0.208%	$2.9M	$3.1M	50x	as long as short