Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.05 per $10,000 · paid last 24h —

Price spread now: ApeX Omni against Reya+0.162%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.162% dearer against Reya than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya JUPRUSDPERP	0.2903	0.0057	pay 0.0007% / 1h	30m 36s	—	—	20x
Short	ApeX Omni JUPUSDT	0.2908	0.0100	get 0.0013% / 1h	30m 36s	$160K	$255K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Reya. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ReyabpFee ApeX OmnibpOrdersPrice spread, now +0.162%Rate

Funding earned: $9.09
Price spread: +0.162% → 0.000%: $16.16
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $9.26
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 16 min ago. Net counts fees only.

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 Reya no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 16 min ago	6.80 bp	17.5 bp −$17	102.4 bp −$1,024	doesn't fit	doesn't fit

Reya: 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 on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective JUP/USDC PERP	−0.4499%	1h	0.2910	+0.231%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2901	−0.072%	$16K	—	100x	as long as short
Pacifica JUP	−0.0230%	1h	0.2904	+0.036%	$277K	$145K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2902	−0.042%	$52K	$17K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2901	−0.068%	—	—	150x	as long as short
dYdX JUP-USD	+0.0014%	1h	0.2904	+0.008%	$38K	$20K	5x	as long as short
Reya JUPRUSDPERPlong	+0.0057%	1h	0.2903	long leg	—	—	20x
Lighter JUP	+0.0096%	1h	0.2907	+0.117%	$758K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0100%	8h	0.2904	+0.030%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2905	+0.050%	$576K	$493K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid JUP	+0.0100%	1h	0.2907	+0.117%	$18.3M	$8.7M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2904	+0.039%	$107K	$280K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2907	+0.112%	$15.9M	$39.5M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2902	−0.045%	$15.6M	$17.8M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2905	+0.058%	$4.0M	$10.7M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2909	+0.212%	$61K	−$0	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2904	+0.024%	$712K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2904	+0.024%	$6.8M	$6.1M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2905	+0.058%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2907	+0.127%	$5.7M	$5.2M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2906	+0.093%	—	$20.7M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2903	−0.011%	$960K	$189K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2898	−0.181%	$703K	$630K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2911	+0.248%	$1.6M	$4.0M	10x	as long as short
ApeX Omni JUPUSDTshort	+0.0100%	1h	0.2908	+0.162%	$160K	$255K	50x
Polymarket Perps JUP-USD	+0.0100%	1h	0.2908	+0.148%	$92K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2904	+0.024%	$33K	$29K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2900	−0.114%	$109K	$44K	20x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2901	−0.067%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0128%	1h	0.2909	+0.203%	$26K	$10K	5x	as long as short
Extended JUP-USD	+0.0176%	1h	0.2904	+0.023%	$2.2M	$524K	25x	as long as short
Phemex JUPUSDT	+0.0231%	4h	0.2908	+0.162%	$2.8M	$3.0M	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0260%	1h	0.2903	−0.003%	$576K	$460K	20x	as long as short
Phoenix JUP	+0.0271%	1h	0.2917	+0.475%	$98K	$280K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0280%	1h	0.2903	−0.014%	$74K	$48K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2903	−0.011%	$825K	$375K	50x	as long as short