After costs, if the gap returns to its 7d average, $10k−$94
spread now−0.025%7d average−0.054%fees + slippage, in and out−$97spread needed0.972%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex JUPUSDT | 0.2941 | 0.0100 | pay 0.0050% / 4h | 1h 25m | $2.9M | $4.1M | 50x |
| Short | Kraken Futures PF_JUPUSD | 0.2940 | −0.0120 | pay 0.0015% / 1h | 25m 29s | $556K | $560K | 20x |
Phemex JUPUSDT
Kraken Futures PF_JUPUSDPrice 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
- −$2.55
- Funding while held
- −$6.6
- Slippage, 4 orders
- −$75.23
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$106.38
- Spread needed to break even
- 0.972%
Slippage from Phemex: live order book, 5 min ago; Kraken Futures: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0220%
- Per $10,000 a day
- −$6.60
- 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, 5 min ago | 8.51 bp | 24.3 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 9 min ago | 8.50 bp | 28.9 bp −$29 | 100.9 bp −$1,009 | doesn't fit | doesn't fit |
JUP price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2906cheapestBybit0.2929+0.785%BloFin0.2929+0.791%Reya0.2930+0.821%MEXC0.2930+0.826%HTX0.2930+0.826%Aevo0.2930+0.830%Nado0.2930+0.834%Binance0.2931+0.860%OKX0.2931+0.860%Gate0.2931+0.860%BingX0.2931+0.860%Extended0.2931+0.875%GMX0.2932+0.900%Bitget0.2933+0.929%Orderly0.2933+0.929%Variational Omni0.2933+0.934%Phoenix0.2933+0.939%gTrade (Gains Network)0.2933+0.943%Paradex0.2934+0.949%Pacifica0.2934+0.964%Aster0.2935+0.996%KuCoin0.2935+0.998%ApeX Omni0.2935+0.998%Hyperliquid0.2935+1.005%01 Exchange0.2935+1.015%Bulk0.2936+1.015%Polymarket Perps0.2937+1.050%dYdX0.2937+1.070%Lighter0.2937+1.070%Backpack0.2938+1.115%Coinbase International0.2939+1.142%Deribit0.2940+1.163%
Injective
Bybit
BloFin
Reya
MEXC
HTX
Aevo
Nado
Binance
OKX
Gate
BingX
Extended
GMX
Bitget
Orderly
Variational Omni
Phoenix
gTrade (Gains Network)
Paradex
Pacifica
Aster
KuCoin
ApeX Omni
Hyperliquid
Bulk
Polymarket Perps
dYdX
Lighter
Backpack
Coinbase International
DeribitKraken Futures0.2940+1.179%
Phemex0.2941+1.204%
JUP on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective JUP/USDC PERP | −1.190% | +0.0053% | 1h | $4K | $18K | 5.5x | as long as short |
| Bybit JUPUSDT | −0.415% | −0.0082% | 4h | $16.4M | $23.2M | 50x | as long as short |
| BloFin JUP-USDT | −0.408% | +0.0075% | 4h | $895K | $261K | 50x | as long as short |
| Reya JUPRUSDPERP | −0.379% | +0.0057% | 1h | — | — | 20x | as long as short |
| MEXC JUP_USDT | −0.374% | +0.0100% | 4h | $8.4M | $8.0M | 200x | as long as short |
| HTX JUP-USDT | −0.374% | +0.0100% | 4h | $110K | $76K | 20x | as long as short |
| Aevo JUP-PERP | −0.370% | +0.0104% | 1h | $40K | — | 3x | as long as short |
| Nado JUP-PERP | −0.366% | +0.0100% | 1h | $593K | $635K | 10x | as long as short |
| Binance JUPUSDT | −0.340% | +0.0100% | 4h | $16.4M | $56.1M | 75x | as long as short |
| OKX JUP-USDT-SWAP | −0.340% | −0.0112% | 4h | $4.1M | $16.3M | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate JUP_USDT | −0.340% | −0.0236% | 4h | $749K | $1.9M | 75x | as long as short |
| BingX JUP-USDT | −0.340% | +0.0100% | 4h | — | $21.2M | — | as long as short |
| Extended JUP-USD | −0.326% | +0.0408% | 1h | $2.2M | $510K | 25x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | −0.301% | L −0.0463% / S +0.0168% | 1h | $13K | — | 100x | as long as short |
| Bitget JUPUSDT | −0.272% | +0.0100% | 4h | $5.6M | $8.7M | 75x | as long as short |
| Orderly PERP_JUP_USDC | −0.272% | +0.0096% | 4h | $24K | $40K | 10x | as long as short |
| Variational Omni JUP | −0.268% | +0.0099% | 4h | $707K | $1.2M | — | as long as short |
| Phoenix JUP | −0.262% | +0.0055% | 1h | $47K | $383K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | −0.258% | L +0.0002% / S −0.0001% | 1h | $16K | — | 150x | as long as short |
| Paradex JUP-USD-PERP | −0.252% | +0.0081% | 8h | $9K | $15K | 10x | as long as short |
| Pacifica JUP | −0.238% | +0.0100% | 1h | $280K | $169K | 10x | as long as short |
| Aster JUPUSDT | −0.206% | +0.0100% | 4h | $105K | $367K | 10x | as long as short |
| KuCoin JUPUSDTM | −0.204% | +0.0100% | 4h | $4.1M | $7.4M | 50x | as long as short |
| ApeX Omni JUPUSDT | −0.204% | +0.0100% | 1h | $156K | $320K | 50x | as long as short |
| Hyperliquid JUP | −0.197% | +0.0100% | 1h | $18.8M | $14.2M | 10x | as long as short |
| 01 Exchange JUPUSD | −0.187% | +0.0056% | 1h | $26K | $19K | 5x | as long as short |
| Bulk JUP-USD | −0.187% | +0.0100% | 1h | $58K | $2K | 10x | as long as short |
| Polymarket Perps JUP-USD | −0.153% | +0.0100% | 1h | $92K | $148K | 10x | as long as short |
| dYdX JUP-USD | −0.133% | +0.0066% | 1h | $38K | $41K | 5x | as long as short |
| Lighter JUP | −0.133% | +0.0096% | 1h | $859K | $1.2M | 10x | as long as short |
| Backpack JUP_USDC_PERP | −0.088% | −0.0052% | 1h | $970K | $261K | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | −0.061% | +0.0256% | 1h | $74K | $90K | 50x | as long as short |
| Deribit JUP_USDC-PERPETUAL | −0.041% | +0.0329% | 1h | $57K | $13K | 10x | as long as short |
| Kraken Futures PF_JUPUSDshort | −0.025% | −0.0120% | 1h | $556K | $560K | 20x | |
| Phemex JUPUSDTlong | 0.000% | +0.0100% | 4h | $2.9M | $4.1M | 50x |