Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h —

Price spread now: Binance against Reya+0.058%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 Binance

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 Binance is 0.058% dearer against Reya than usual: you sell high and buy low: +$6 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	0.2952	0.0057	pay 0.0007% / 1h	49m 13s	—	—	20x
Short	Binance JUPUSDT	0.2954	0.0100	get 0.0050% / 4h	3h 49m	$16.2M	$40.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.058%Rate

Funding earned: $9.09
Price spread: +0.058% → 0.000%: $5.81
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$1.1
Costs to cover: 0.160%
Break-even: 7.8 days

Slippage unknown: Reya: no order-book sample; Binance: live order book, 8 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 Binance live order book, 8 min ago	1.70 bp	10.6 bp −$11	26.4 bp −$264	135.7 bp −$13.6K	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	−0.5000%	1h	0.2921	−1.060%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2954	+0.044%	$16K	—	100x	as long as short
Pacifica JUP	−0.0183%	1h	0.2954	+0.041%	$281K	$146K	10x	as long as short
Backpack JUP_USDC_PERP	−0.0136%	1h	0.2954	+0.065%	$976K	$195K	10x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2955	+0.109%	$39K	$22K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2954	+0.072%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2955	+0.100%	—	—	150x	as long as short
Reya JUPRUSDPERPlong	+0.0057%	1h	0.2952	long leg	—	—	20x
Lighter JUP	+0.0096%	1h	0.2957	+0.160%	$781K	$1.0M	10x	as long as short
Paradex JUP-USD-PERP	+0.0099%	8h	0.2953	+0.041%	$9K	$11K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado JUP-PERP	+0.0100%	1h	0.2953	+0.024%	$599K	$487K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2955	+0.082%	$18.6M	$9.2M	10x	as long as short
Aster JUPUSDT	+0.0100%	4h	0.2955	+0.078%	$110K	$286K	10x	as long as short
Binance JUPUSDTshort	+0.0100%	4h	0.2954	+0.058%	$16.2M	$40.2M	75x
Bybit JUPUSDT	+0.0100%	4h	0.2951	−0.040%	$15.9M	$17.9M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2954	+0.058%	$4.0M	$11.3M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2960	+0.274%	$62K	−$0	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2953	+0.024%	$734K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2955	+0.092%	$7.3M	$6.2M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2955	+0.092%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2955	+0.092%	$5.8M	$5.4M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2953	+0.024%	—	$20.7M	—	as long as short
Variational Omni JUP	+0.0100%	4h	0.2961	+0.295%	$722K	$625K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2971	+0.636%	$1.6M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2970	+0.600%	$158K	$251K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2956	+0.129%	$93K	$105K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2954	+0.058%	$30K	$41K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2951	−0.044%	$111K	$45K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2960	+0.261%	$2.9M	$3.1M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2954	+0.056%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0112%	1h	0.2956	+0.139%	$26K	$17K	5x	as long as short
Kraken Futures PF_JUPUSD	+0.0177%	1h	0.2957	+0.155%	$591K	$469K	20x	as long as short
Extended JUP-USD	+0.0200%	1h	0.2953	+0.014%	$2.2M	$496K	25x	as long as short
Phoenix JUP	+0.0216%	1h	0.2962	+0.322%	$97K	$283K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0240%	1h	0.2970	+0.607%	$75K	$50K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2955	+0.092%	$833K	$375K	50x	as long as short