After costs, if the gap returns to its 7d average, $10k−$60
spread now−0.220%7d average−0.168%fees + slippage, in and out−$55spread needed0.551%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix JUP | 0.3040 | 0.0053 | pay 0.0007% / 1h | 33m 43s | $44K | $340K | 10x |
| Short | Bybit JUPUSDT | 0.3033 | 0.0100 | get 0.0050% / 4h | 3h 33m | $17.3M | $22.5M | 50x |
Phoenix JUP
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
- −$22.04
- Funding while held
- $1.42
- Slippage, 4 orders
- −$37.09
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$75.71
- Spread needed to break even
- 0.551%
Slippage from Phoenix: live order book, 66 min ago; Bybit: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0047%
- Per $10,000 a day
- +$1.42
- 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, 66 min ago | 2.49 bp | 14.2 bp −$14 | 29.2 bp −$292 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.65 bp | 12.8 bp −$13 | 32.3 bp −$323 | 234.9 bp −$23.5K | doesn't fit |
JUP price on every exchange
against the cheapest. Click to use as the short leg.HTX0.3026cheapestReya0.3029+0.102%OKX0.3031+0.165%Gate0.3031+0.165%01 Exchange0.3031+0.169%Nado0.3031+0.182%Aevo0.3032+0.194%BingX0.3032+0.198%Orderly0.3032+0.198%Deribit0.3033+0.221%Extended0.3033+0.229%
HTX
Reya
OKX
Gate
Nado
Aevo
BingX
Orderly
Deribit
ExtendedBybit0.3033+0.231%
BloFin0.3033+0.231%gTrade (Gains Network)0.3033+0.233%Bulk0.3033+0.238%GMX0.3033+0.242%Paradex0.3034+0.268%Kraken Futures0.3035+0.294%MEXC0.3035+0.297%Polymarket Perps0.3036+0.330%Backpack0.3036+0.334%Pacifica0.3036+0.341%Binance0.3036+0.345%Bitget0.3037+0.364%Aster0.3037+0.364%Variational Omni0.3037+0.377%KuCoin0.3038+0.397%Phemex0.3038+0.397%Lighter0.3039+0.413%Coinbase International0.3039+0.433%dYdX0.3040+0.452%
BloFin
gTrade (Gains Network)
Bulk
GMX
Paradex
Kraken Futures
MEXC
Polymarket Perps
Backpack
Pacifica
Binance
Bitget
Aster
Variational Omni
KuCoin
Phemex
Lighter
Coinbase International
dYdXPhoenix0.3040+0.453%
Injective0.3040+0.463%Hyperliquid0.3042+0.519%ApeX Omni0.3043+0.562%
Injective
Hyperliquid
ApeX OmniJUP on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX JUP-USDT | −0.451% | +0.0100% | 4h | $114K | $88K | 20x | as long as short |
| Reya JUPRUSDPERP | −0.350% | +0.0057% | 1h | — | — | 20x | as long as short |
| OKX JUP-USDT-SWAP | −0.286% | −0.0190% | 4h | $4.3M | $16.4M | 50x | as long as short |
| Gate JUP_USDT | −0.286% | +0.0100% | 4h | $813K | $1.8M | 75x | as long as short |
| 01 Exchange JUPUSD | −0.283% | −0.0128% | 1h | $27K | $19K | 5x | as long as short |
| Nado JUP-PERP | −0.270% | +0.0100% | 1h | $621K | $611K | 10x | as long as short |
| Aevo JUP-PERP | −0.258% | +0.0104% | 1h | $41K | — | 3x | as long as short |
| BingX JUP-USDT | −0.253% | +0.0100% | 4h | — | $21.2M | — | as long as short |
| Orderly PERP_JUP_USDC | −0.253% | +0.0099% | 4h | $26K | $36K | 10x | as long as short |
| Deribit JUP_USDC-PERPETUAL | −0.230% | 0.0000% | 1h | $59K | $13K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended JUP-USD | −0.223% | +0.0288% | 1h | $2.3M | $465K | 25x | as long as short |
| Bybit JUPUSDTshort | −0.220% | +0.0100% | 4h | $17.3M | $22.5M | 50x | |
| BloFin JUP-USDT | −0.220% | +0.0084% | 4h | $944K | $260K | 50x | as long as short |
| gTrade (Gains Network) JUP/USD | −0.218% | L +0.0002% / S −0.0001% | 1h | $16K | — | 150x | as long as short |
| Bulk JUP-USD | −0.214% | +0.0100% | 1h | $60K | $1K | 10x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | −0.210% | L −0.0168% / S +0.0086% | 1h | $14K | — | 100x | as long as short |
| Paradex JUP-USD-PERP | −0.184% | +0.0083% | 8h | $10K | $15K | 10x | as long as short |
| Kraken Futures PF_JUPUSD | −0.158% | +0.0269% | 1h | $583K | $606K | 20x | as long as short |
| MEXC JUP_USDT | −0.155% | +0.0100% | 4h | $8.5M | $7.1M | 200x | as long as short |
| Polymarket Perps JUP-USD | −0.122% | +0.0100% | 1h | $95K | $148K | 10x | as long as short |
| Backpack JUP_USDC_PERP | −0.118% | +0.0045% | 1h | $1.0M | $279K | 10x | as long as short |
| Pacifica JUP | −0.111% | +0.0100% | 1h | $290K | $183K | 10x | as long as short |
| Binance JUPUSDT | −0.107% | +0.0100% | 4h | $17.1M | $54.9M | 75x | as long as short |
| Bitget JUPUSDT | −0.089% | +0.0100% | 4h | $5.8M | $8.7M | 75x | as long as short |
| Aster JUPUSDT | −0.088% | +0.0059% | 4h | $121K | $356K | 10x | as long as short |
| Variational Omni JUP | −0.076% | +0.0100% | 4h | $744K | $1.2M | — | as long as short |
| KuCoin JUPUSDTM | −0.056% | +0.0100% | 4h | $4.2M | $7.3M | 50x | as long as short |
| Phemex JUPUSDT | −0.056% | +0.0100% | 4h | $3.0M | $4.0M | 50x | as long as short |
| Lighter JUP | −0.039% | +0.0096% | 1h | $896K | $1.1M | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | −0.020% | +0.0080% | 1h | $78K | $134K | 50x | as long as short |
| dYdX JUP-USD | 0.000% | 0.0000% | 1h | $40K | $41K | 5x | as long as short |
| Phoenix JUPlong | 0.000% | +0.0053% | 1h | $44K | $340K | 10x | |
| Injective JUP/USDC PERP | +0.010% | −0.3509% | 1h | $5K | $17K | 5.5x | as long as short |
| Hyperliquid JUP | +0.066% | +0.0100% | 1h | $20.0M | $12.9M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.109% | +0.0100% | 1h | $162K | $318K | 50x | as long as short |