After costs, if the gap returns to its 7d average, $10k−$27
spread now+0.479%7d average−0.061%fees + slippage, in and out−$81spread needed0.807%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex JUPUSDT | 0.3045 | 0.0176 | pay 0.0088% / 4h | 1h 01m | $3.0M | $3.9M | 50x |
| Short | Phoenix JUP | 0.3060 | 0.0105 | get 0.0013% / 1h | 1m 04s | $41K | $339K | 10x |
Price 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
- $47.95
- Funding while held
- −$2.12
- Slippage, 4 orders
- −$61.69
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$34.86
- Spread needed to break even
- 0.807%
Slippage from Phemex: live order book, 4 min ago; Phoenix: live order book, 43 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0071%
- Per $10,000 a day
- −$2.12
- 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, 4 min ago | 6.53 bp | 25.0 bp −$25 | 83.4 bp −$834 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 43 min ago | 2.48 bp | 14.2 bp −$14 | 29.6 bp −$296 | doesn't fit | doesn't fit |
JUP price on every exchange
against the cheapest. Click to use as the short leg.JUP on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX JUP-USDT-SWAP | −0.263% | −0.0047% | 4h | $4.4M | $16.1M | 50x | as long as short |
| Aevo JUP-PERP | −0.246% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Extended JUP-USD | −0.239% | +0.0728% | 1h | $2.3M | $323K | 25x | as long as short |
| Reya JUPRUSDPERP | −0.237% | +0.0057% | 1h | — | — | 20x | as long as short |
| Bybit JUPUSDT | −0.230% | +0.0100% | 4h | $17.7M | $22.1M | 50x | as long as short |
| Orderly PERP_JUP_USDC | −0.230% | +0.0099% | 4h | $25K | $34K | 10x | as long as short |
| Deribit JUP_USDC-PERPETUAL | −0.210% | −0.0178% | 1h | $57K | $11K | 10x | as long as short |
| Paradex JUP-USD-PERP | −0.203% | +0.0094% | 8h | $10K | $15K | 10x | as long as short |
| Gate JUP_USDT | −0.197% | +0.0044% | 4h | $826K | $1.8M | 75x | as long as short |
| Nado JUP-PERP | −0.197% | +0.0100% | 1h | $614K | $600K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX JUP-USDT | −0.197% | +0.0100% | 4h | $116K | $84K | 20x | as long as short |
| BloFin JUP-USDT | −0.197% | +0.0060% | 4h | $973K | $246K | 50x | as long as short |
| Backpack JUP_USDC_PERP | −0.187% | +0.0100% | 1h | $1.0M | $268K | 10x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | −0.176% | L +0.0019% / S +0.0020% | 1h | $11K | — | 100x | as long as short |
| gTrade (Gains Network) JUP/USD | −0.172% | L +0.0002% / S −0.0001% | 1h | $18K | — | 150x | as long as short |
| Aster JUPUSDT | −0.164% | +0.0100% | 4h | $128K | $364K | 10x | as long as short |
| Binance JUPUSDT | −0.164% | +0.0100% | 4h | $17.6M | $53.3M | 75x | as long as short |
| 01 Exchange JUPUSD | −0.164% | −0.0128% | 1h | $27K | $20K | 5x | as long as short |
| KuCoin JUPUSDTM | −0.164% | +0.0100% | 4h | $4.3M | $7.4M | 50x | as long as short |
| Bitget JUPUSDT | −0.164% | +0.0100% | 4h | $5.8M | $8.8M | 75x | as long as short |
| BingX JUP-USDT | −0.164% | +0.0100% | 4h | — | $20.7M | — | as long as short |
| MEXC JUP_USDT | −0.131% | +0.0100% | 4h | $8.4M | $6.9M | 200x | as long as short |
| Lighter JUP | −0.125% | +0.0096% | 1h | $917K | $1.0M | 10x | as long as short |
| Pacifica JUP | −0.122% | −0.0120% | 1h | $292K | $180K | 10x | as long as short |
| Kraken Futures PF_JUPUSD | −0.103% | +0.0580% | 1h | $650K | $567K | 20x | as long as short |
| Polymarket Perps JUP-USD | −0.033% | +0.0100% | 1h | $111K | $91K | 10x | as long as short |
| dYdX JUP-USD | −0.016% | +0.1719% | 1h | $40K | $37K | 5x | as long as short |
| Hyperliquid JUP | 0.000% | +0.0211% | 1h | $20.2M | $12.7M | 10x | as long as short |
| Phemex JUPUSDTlong | 0.000% | +0.0176% | 4h | $3.0M | $3.9M | 50x | |
| Coinbase International JUP-PERP-INTX | +0.197% | +0.0312% | 1h | $81K | $162K | 50x | as long as short |
| Variational Omni JUP | +0.293% | +0.0100% | 4h | $737K | $1.2M | — | as long as short |
| Bulk JUP-USD | +0.361% | +0.0100% | 1h | $61K | $3K | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.361% | +0.0100% | 1h | $163K | $317K | 50x | as long as short |
| Phoenix JUPshort | +0.479% | +0.0105% | 1h | $41K | $339K | 10x | |
| Injective JUP/USDC PERP | +1.248% | −0.4448% | 1h | $6K | $69K | 5.5x | as long as short |
Phemex JUPUSDT
Phoenix JUP
OKX
Extended
Bybit
Deribit
Paradex
Gate
HTX
BloFin
Backpack
GMX
gTrade (Gains Network)
Aster
Binance
KuCoin
Bitget
BingX
MEXC
Lighter
Pacifica
Kraken Futures
Polymarket Perps
Hyperliquid
Coinbase International
Variational Omni
Bulk
ApeX Omni
Injective