After costs, if the gap returns to its 7d average, $10k−$128
spread now−0.988%7d average−0.141%fees + slippage, in and out−$44spread needed0.437%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix JUP | 0.3048 | 0.0105 | pay 0.0013% / 1h | 53m 04s | $41K | $339K | 10x |
| Short | BingX JUP-USDT | 0.3018 | 0.0100 | get 0.0050% / 4h | 1h 53m | — | $20.8M | — |
Phoenix JUP
BingX JUP-USDTPrice 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
- −$98.75
- Funding while held
- −$0.16
- Slippage, 4 orders
- −$26.7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$142.61
- Spread needed to break even
- 0.437%
Slippage from Phoenix: live order book, 57 min ago; BingX: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0005%
- Per $10,000 a day
- −$0.16
- 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 Phoenix live order book, 57 min ago | 2.46 bp | 14.4 bp −$14 | 29.2 bp −$292 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 1.65 bp | 8.4 bp −$8 | 10.3 bp −$103 | 22.0 bp −$2,199 | 54.2 bp −$27.1K |
JUP price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3003cheapestReya0.3007+0.133%Aevo0.3007+0.146%Nado0.3008+0.158%Orderly0.3009+0.200%HTX0.3010+0.233%Extended0.3010+0.240%GMX0.3011+0.251%Deribit0.3012+0.296%gTrade (Gains Network)0.3012+0.299%Paradex0.3013+0.322%Bybit0.3013+0.333%Aster0.3015+0.394%Binance0.3015+0.400%Gate0.3015+0.400%MEXC0.3015+0.400%BloFin0.3015+0.400%OKX0.3016+0.433%KuCoin0.3016+0.433%Kraken Futures0.3016+0.435%Backpack0.3016+0.436%Polymarket Perps0.3017+0.463%Lighter0.3018+0.483%
Injective
Reya
Aevo
Nado
Orderly
HTX
Extended
GMX
Deribit
gTrade (Gains Network)
Paradex
Bybit
Aster
Binance
Gate
MEXC
BloFin
OKX
KuCoin
Kraken Futures
Backpack
Polymarket Perps
LighterBingX0.3018+0.500%
Pacifica0.3018+0.501%dYdX0.3018+0.507%Bitget0.3020+0.566%Phemex0.3021+0.599%Hyperliquid0.3023+0.679%Coinbase International0.3031+0.932%Bulk0.3034+1.032%ApeX Omni0.3041+1.265%
Pacifica
dYdX
Bitget
Phemex
Hyperliquid
Coinbase International
Bulk
ApeX OmniPhoenix0.3048+1.502%
Variational Omni0.3051+1.586%
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 | −1.480% | −0.4448% | 1h | $3K | $63K | 5.5x | as long as short |
| Reya JUPRUSDPERP | −1.349% | +0.0057% | 1h | — | — | 20x | as long as short |
| Aevo JUP-PERP | −1.336% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| Nado JUP-PERP | −1.324% | +0.0100% | 1h | $603K | $582K | 10x | as long as short |
| Orderly PERP_JUP_USDC | −1.283% | +0.0097% | 4h | $25K | $34K | 10x | as long as short |
| HTX JUP-USDT | −1.250% | +0.0100% | 4h | $115K | $83K | 20x | as long as short |
| Extended JUP-USD | −1.244% | +0.0656% | 1h | $2.2M | $300K | 25x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | −1.232% | L +0.0079% / S −0.0008% | 1h | $14K | — | 100x | as long as short |
| Deribit JUP_USDC-PERPETUAL | −1.188% | −0.0215% | 1h | $57K | $11K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | −1.185% | L +0.0002% / S −0.0001% | 1h | $18K | — | 150x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex JUP-USD-PERP | −1.162% | +0.0095% | 8h | $9K | $15K | 10x | as long as short |
| Bybit JUPUSDT | −1.152% | +0.0100% | 4h | $17.5M | $21.1M | 50x | as long as short |
| Aster JUPUSDT | −1.091% | +0.0100% | 4h | $108K | $323K | 10x | as long as short |
| Binance JUPUSDT | −1.086% | +0.0100% | 4h | $17.7M | $51.7M | 75x | as long as short |
| Gate JUP_USDT | −1.086% | +0.0074% | 4h | $829K | $1.7M | 75x | as long as short |
| MEXC JUP_USDT | −1.086% | +0.0100% | 4h | $8.6M | $6.8M | 200x | as long as short |
| BloFin JUP-USDT | −1.086% | +0.0152% | 4h | $955K | $262K | 50x | as long as short |
| OKX JUP-USDT-SWAP | −1.053% | −0.0021% | 4h | $4.4M | $15.7M | 50x | as long as short |
| KuCoin JUPUSDTM | −1.053% | +0.0100% | 4h | $4.3M | $7.3M | 50x | as long as short |
| Kraken Futures PF_JUPUSD | −1.051% | +0.0585% | 1h | $648K | $568K | 20x | as long as short |
| Backpack JUP_USDC_PERP | −1.050% | +0.0081% | 1h | $995K | $260K | 10x | as long as short |
| Polymarket Perps JUP-USD | −1.024% | +0.0100% | 1h | $110K | $92K | 10x | as long as short |
| Lighter JUP | −1.004% | +0.0320% | 1h | $993K | $893K | 10x | as long as short |
| BingX JUP-USDTshort | −0.988% | +0.0100% | 4h | — | $20.8M | — | |
| Pacifica JUP | −0.986% | −0.0120% | 1h | $288K | $158K | 10x | as long as short |
| dYdX JUP-USD | −0.980% | +0.2621% | 1h | $39K | $37K | 5x | as long as short |
| Bitget JUPUSDT | −0.922% | +0.0100% | 4h | $5.9M | $8.7M | 75x | as long as short |
| Phemex JUPUSDT | −0.889% | +0.0100% | 4h | $3.0M | $3.8M | 50x | as long as short |
| Hyperliquid JUP | −0.810% | +0.0676% | 1h | $20.6M | $12.2M | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | −0.561% | +0.0312% | 1h | $81K | $155K | 50x | as long as short |
| Bulk JUP-USD | −0.463% | +0.0100% | 1h | $60K | $3K | 10x | as long as short |
| ApeX Omni JUPUSDT | −0.233% | +0.0100% | 1h | $168K | $314K | 50x | as long as short |
| Phoenix JUPlong | 0.000% | +0.0105% | 1h | $41K | $339K | 10x | |
| Variational Omni JUP | +0.083% | +0.0100% | 4h | $739K | $1.2M | — | as long as short |