After costs, if the gap returns to its 7d average, $10k−$119
spread now−0.363%7d average−0.189%fees + slippage, in and out−$101spread needed1.014%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex JUPUSDT | 0.3032 | 0.0100 | pay 0.0050% / 4h | 1h 51m | $3.0M | $3.8M | 50x |
| Short | Bybit JUPUSDT | 0.3021 | 0.0100 | get 0.0050% / 4h | 1h 51m | $17.6M | $21.1M | 50x |
Phemex JUPUSDT
Bybit JUPUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$36.28
- Funding while held
- $0
- Slippage, 4 orders
- −$78.43
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$137.71
- Spread needed to break even
- 1.014%
Slippage from Phemex: live order book, 3 min ago; Bybit: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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 Phemex live order book, 3 min ago | 18.04 bp | 33.7 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.65 bp | 11.4 bp −$11 | 36.0 bp −$360 | 194.7 bp −$19.5K | doesn't fit |
JUP price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3003cheapestHTX0.3015+0.400%BloFin0.3015+0.400%Paradex0.3019+0.545%Extended0.3020+0.563%Reya0.3021+0.591%
Injective
HTX
BloFin
Paradex
Extended
ReyaBybit0.3021+0.599%
Gate0.3021+0.599%Nado0.3021+0.608%Aster0.3022+0.628%OKX0.3022+0.633%KuCoin0.3022+0.633%BingX0.3022+0.633%Pacifica0.3023+0.650%Binance0.3024+0.690%Aevo0.3024+0.695%GMX0.3024+0.697%gTrade (Gains Network)0.3024+0.698%MEXC0.3024+0.699%Bitget0.3024+0.699%dYdX0.3024+0.706%Orderly0.3025+0.733%Backpack0.3025+0.746%Deribit0.3026+0.776%Polymarket Perps0.3028+0.819%Lighter0.3029+0.859%Kraken Futures0.3029+0.862%Hyperliquid0.3030+0.912%Coinbase International0.3031+0.932%
Gate
Nado
Aster
OKX
KuCoin
BingX
Pacifica
Binance
Aevo
GMX
gTrade (Gains Network)
MEXC
Bitget
dYdX
Orderly
Backpack
Deribit
Polymarket Perps
Lighter
Kraken Futures
Hyperliquid
Coinbase InternationalPhemex0.3032+0.966%
Bulk0.3034+1.032%ApeX Omni0.3041+1.265%Phoenix0.3048+1.502%Variational Omni0.3051+1.586%
Bulk
ApeX Omni
Phoenix
Variational OmniJUP on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective JUP/USDC PERP | −0.956% | −0.4448% | 1h | $3K | $63K | 5.5x | as long as short |
| HTX JUP-USDT | −0.561% | +0.0100% | 4h | $115K | $83K | 20x | as long as short |
| BloFin JUP-USDT | −0.561% | +0.0152% | 4h | $955K | $262K | 50x | as long as short |
| Paradex JUP-USD-PERP | −0.417% | +0.0095% | 8h | $9K | $15K | 10x | as long as short |
| Extended JUP-USD | −0.399% | +0.0656% | 1h | $2.2M | $300K | 25x | as long as short |
| Reya JUPRUSDPERP | −0.371% | +0.0057% | 1h | — | — | 20x | as long as short |
| Bybit JUPUSDTshort | −0.363% | +0.0100% | 4h | $17.6M | $21.1M | 50x | |
| Gate JUP_USDT | −0.363% | +0.0082% | 4h | $830K | $1.7M | 75x | as long as short |
| Nado JUP-PERP | −0.355% | +0.0100% | 1h | $604K | $585K | 10x | as long as short |
| Aster JUPUSDT | −0.334% | +0.0100% | 4h | $108K | $327K | 10x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX JUP-USDT-SWAP | −0.330% | −0.0017% | 4h | $4.4M | $15.7M | 50x | as long as short |
| KuCoin JUPUSDTM | −0.330% | +0.0100% | 4h | $4.3M | $7.3M | 50x | as long as short |
| BingX JUP-USDT | −0.330% | +0.0100% | 4h | — | $20.9M | — | as long as short |
| Pacifica JUP | −0.313% | −0.0120% | 1h | $289K | $158K | 10x | as long as short |
| Binance JUPUSDT | −0.273% | +0.0100% | 4h | $17.8M | $51.7M | 75x | as long as short |
| Aevo JUP-PERP | −0.268% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | −0.266% | L +0.0078% / S +0.0010% | 1h | $11K | — | 100x | as long as short |
| gTrade (Gains Network) JUP/USD | −0.265% | L +0.0002% / S −0.0001% | 1h | $18K | — | 150x | as long as short |
| MEXC JUP_USDT | −0.264% | +0.0100% | 4h | $8.6M | $6.8M | 200x | as long as short |
| Bitget JUPUSDT | −0.264% | +0.0100% | 4h | $5.9M | $8.7M | 75x | as long as short |
| dYdX JUP-USD | −0.257% | +0.3508% | 1h | $39K | $37K | 5x | as long as short |
| Orderly PERP_JUP_USDC | −0.231% | +0.0097% | 4h | $25K | $34K | 10x | as long as short |
| Backpack JUP_USDC_PERP | −0.218% | +0.0100% | 1h | $998K | $261K | 10x | as long as short |
| Deribit JUP_USDC-PERPETUAL | −0.188% | 0.0000% | 1h | $57K | $11K | 10x | as long as short |
| Polymarket Perps JUP-USD | −0.145% | +0.0100% | 1h | $110K | $91K | 10x | as long as short |
| Lighter JUP | −0.106% | +0.0456% | 1h | $997K | $893K | 10x | as long as short |
| Kraken Futures PF_JUPUSD | −0.103% | +0.0583% | 1h | $651K | $569K | 20x | as long as short |
| Hyperliquid JUP | −0.053% | +0.0695% | 1h | $20.7M | $12.2M | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | −0.033% | +0.0312% | 1h | $81K | $155K | 50x | as long as short |
| Phemex JUPUSDTlong | 0.000% | +0.0100% | 4h | $3.0M | $3.8M | 50x | |
| Bulk JUP-USD | +0.066% | +0.0100% | 1h | $60K | $3K | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.297% | +0.0100% | 1h | $168K | $314K | 50x | as long as short |
| Phoenix JUP | +0.531% | +0.0105% | 1h | $41K | $339K | 10x | as long as short |
| Variational Omni JUP | +0.614% | +0.0100% | 4h | $739K | $1.2M | — | as long as short |