Spread before costs (cost unknown: a leg has no order-book sample)+0.759%
7d average—if it closes, per $10,000$76funding while held, a day+$46.43
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix JUP | 0.3048 | 0.0131 | pay 0.0016% / 1h | 11m 17s | $43K | $355K | 10x |
| Short | dYdX JUP-USD | 0.3071 | 0.1679 | get 0.0210% / 1h | 11m 17s | $40K | $40K | 5x |
Phoenix JUP
dYdX JUP-USDPrice 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
- $75.95
- Funding while held
- $46.43
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $105.38
- Spread needed to break even
- 0.170%
Slippage unknown: Phoenix: live order book, 28 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1548%
- Per $10,000 a day
- +$46.43
- 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, 28 min ago | 2.49 bp | 14.2 bp −$14 | 29.2 bp −$292 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
JUP price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3029cheapestVariational Omni0.3038+0.289%Bulk0.3044+0.483%ApeX Omni0.3047+0.594%
Injective
Variational Omni
Bulk
ApeX OmniPhoenix0.3048+0.617%
HTX0.3057+0.924%Nado0.3060+1.040%BloFin0.3063+1.122%Aevo0.3067+1.255%Extended0.3068+1.296%Bybit0.3068+1.297%OKX0.3069+1.321%Reya0.3069+1.325%Backpack0.3070+1.350%Bitget0.3070+1.354%BingX0.3070+1.354%
HTX
Nado
BloFin
Aevo
Extended
Bybit
OKX
Reya
Backpack
Bitget
BingXdYdX0.3071+1.382%
Gate0.3071+1.387%Orderly0.3071+1.387%Paradex0.3072+1.415%Aster0.3072+1.418%Pacifica0.3072+1.420%GMX0.3072+1.425%Binance0.3073+1.436%Deribit0.3073+1.443%gTrade (Gains Network)0.3073+1.449%MEXC0.3073+1.453%KuCoin0.3073+1.453%Coinbase International0.3073+1.453%Phemex0.3073+1.453%Kraken Futures0.3074+1.479%Lighter0.3074+1.496%01 Exchange0.3075+1.512%Hyperliquid0.3076+1.548%Polymarket Perps0.3078+1.611%
Gate
Orderly
Paradex
Aster
Pacifica
GMX
Binance
Deribit
gTrade (Gains Network)
MEXC
KuCoin
Coinbase International
Phemex
Kraken Futures
Lighter
Hyperliquid
Polymarket PerpsJUP on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective JUP/USDC PERP | −0.614% | +0.3440% | 1h | $5K | $17K | 5.5x | as long as short |
| Variational Omni JUP | −0.327% | +0.0100% | 4h | $740K | $1.2M | — | as long as short |
| Bulk JUP-USD | −0.134% | +0.0100% | 1h | $60K | $1K | 10x | as long as short |
| ApeX Omni JUPUSDT | −0.023% | +0.0100% | 1h | $162K | $317K | 50x | as long as short |
| Phoenix JUPlong | 0.000% | +0.0131% | 1h | $43K | $355K | 10x | |
| HTX JUP-USDT | +0.305% | +0.0100% | 4h | $115K | $88K | 20x | as long as short |
| Nado JUP-PERP | +0.420% | +0.0100% | 1h | $621K | $609K | 10x | as long as short |
| BloFin JUP-USDT | +0.502% | +0.0078% | 4h | $963K | $261K | 50x | as long as short |
| Aevo JUP-PERP | +0.633% | +0.0104% | 1h | $42K | — | 3x | as long as short |
| Extended JUP-USD | +0.675% | +0.0568% | 1h | $2.3M | $344K | 25x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit JUPUSDT | +0.676% | +0.0100% | 4h | $17.6M | $22.2M | 50x | as long as short |
| OKX JUP-USDT-SWAP | +0.699% | −0.0111% | 4h | $4.4M | $16.6M | 50x | as long as short |
| Reya JUPRUSDPERP | +0.703% | +0.0057% | 1h | — | — | 20x | as long as short |
| Backpack JUP_USDC_PERP | +0.728% | −0.0150% | 1h | $1.0M | $276K | 10x | as long as short |
| Bitget JUPUSDT | +0.732% | +0.0100% | 4h | $5.9M | $8.8M | 75x | as long as short |
| BingX JUP-USDT | +0.732% | +0.0100% | 4h | — | $21.0M | — | as long as short |
| dYdX JUP-USDshort | +0.759% | +0.1679% | 1h | $40K | $40K | 5x | |
| Gate JUP_USDT | +0.765% | +0.0016% | 4h | $827K | $1.8M | 75x | as long as short |
| Orderly PERP_JUP_USDC | +0.765% | +0.0099% | 4h | $26K | $35K | 10x | as long as short |
| Paradex JUP-USD-PERP | +0.793% | +0.0091% | 8h | $10K | $15K | 10x | as long as short |
| Aster JUPUSDT | +0.796% | +0.0100% | 4h | $125K | $358K | 10x | as long as short |
| Pacifica JUP | +0.797% | +0.0056% | 1h | $293K | $179K | 10x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | +0.803% | L −0.0097% / S +0.0059% | 1h | $14K | — | 100x | as long as short |
| Binance JUPUSDT | +0.814% | +0.0100% | 4h | $17.6M | $54.7M | 75x | as long as short |
| Deribit JUP_USDC-PERPETUAL | +0.820% | 0.0000% | 1h | $59K | $13K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | +0.827% | L +0.0002% / S −0.0001% | 1h | $17K | — | 150x | as long as short |
| MEXC JUP_USDT | +0.830% | +0.0100% | 4h | $8.3M | $7.1M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.830% | +0.0100% | 4h | $4.3M | $7.4M | 50x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.830% | +0.0208% | 1h | $79K | $169K | 50x | as long as short |
| Phemex JUPUSDT | +0.830% | +0.0100% | 4h | $3.0M | $4.0M | 50x | as long as short |
| Kraken Futures PF_JUPUSD | +0.856% | +0.0416% | 1h | $646K | $571K | 20x | as long as short |
| Lighter JUP | +0.873% | +0.0096% | 1h | $920K | $1.1M | 10x | as long as short |
| 01 Exchange JUPUSD | +0.889% | −0.0040% | 1h | $27K | $20K | 5x | as long as short |
| Hyperliquid JUP | +0.925% | +0.0100% | 1h | $20.2M | $13.0M | 10x | as long as short |
| Polymarket Perps JUP-USD | +0.988% | +0.0100% | 1h | $96K | $150K | 10x | as long as short |