Spread before costs (cost unknown: a leg has no order-book sample)−0.048%
7d average—if it closes, per $10,000$5funding while held, a day−$1.48
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange JUPUSD | 0.2944 | 0.0104 | pay 0.0013% / 1h | 14m 34s | $26K | $19K | 5x |
| Short | Phoenix JUP | 0.2943 | 0.0055 | get 0.0007% / 1h | 14m 34s | $47K | $383K | 10x |
Phoenix JUPPrice 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
- −$4.76
- Funding while held
- −$1.48
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$20.23
- Spread needed to break even
- 0.140%
Slippage unknown: 01 Exchange: no order-book sample; Phoenix: live order book, 10 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0049%
- Per $10,000 a day
- −$1.48
- 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 10 min ago | 2.56 bp | 14.2 bp −$14 | 30.0 bp −$300 | doesn't fit | doesn't fit |
01 Exchange: 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.Injective0.2909cheapestBulk0.2932+0.773%HTX0.2934+0.859%ApeX Omni0.2936+0.928%OKX0.2938+0.997%Bybit0.2938+1.011%Variational Omni0.2939+1.018%Binance0.2940+1.059%Gate0.2940+1.066%MEXC0.2940+1.066%Extended0.2941+1.097%Aster0.2941+1.100%Pacifica0.2941+1.100%BingX0.2941+1.100%Aevo0.2941+1.101%dYdX0.2941+1.104%Paradex0.2941+1.105%Nado0.2942+1.117%Reya0.2942+1.121%Backpack0.2942+1.131%KuCoin0.2942+1.134%Bitget0.2942+1.134%
Injective
Bulk
HTX
ApeX Omni
OKX
Bybit
Variational Omni
Binance
Gate
MEXC
Extended
Aster
Pacifica
BingX
Aevo
dYdX
Paradex
Nado
Reya
Backpack
KuCoin
BitgetPhoenix0.2943+1.158%
Orderly0.2943+1.169%gTrade (Gains Network)0.2943+1.185%GMX0.2944+1.187%Lighter0.2944+1.189%Kraken Futures0.2944+1.202%Hyperliquid0.2944+1.203%Coinbase International0.2944+1.203%BloFin0.2944+1.203%Deribit0.2945+1.234%Phemex0.2945+1.238%Polymarket Perps0.2947+1.306%
Orderly
gTrade (Gains Network)
GMX
Lighter
Kraken Futures
Hyperliquid
Coinbase International
BloFin
Deribit
Phemex
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 | −1.192% | +0.0053% | 1h | $4K | $66K | 5.5x | as long as short |
| Bulk JUP-USD | −0.428% | +0.0100% | 1h | $58K | $2K | 10x | as long as short |
| HTX JUP-USDT | −0.343% | +0.0100% | 4h | $110K | $74K | 20x | as long as short |
| ApeX Omni JUPUSDT | −0.275% | +0.0100% | 1h | $156K | $321K | 50x | as long as short |
| OKX JUP-USDT-SWAP | −0.207% | −0.0057% | 4h | $4.1M | $16.4M | 50x | as long as short |
| Bybit JUPUSDT | −0.194% | −0.0017% | 4h | $16.4M | $23.1M | 50x | as long as short |
| Variational Omni JUP | −0.187% | +0.0088% | 4h | $708K | $1.2M | — | as long as short |
| Binance JUPUSDT | −0.146% | +0.0100% | 4h | $16.4M | $56.1M | 75x | as long as short |
| Gate JUP_USDT | −0.139% | −0.0166% | 4h | $751K | $1.9M | 75x | as long as short |
| MEXC JUP_USDT | −0.139% | +0.0100% | 4h | $8.5M | $8.0M | 200x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended JUP-USD | −0.108% | +0.0504% | 1h | $2.2M | $514K | 25x | as long as short |
| Aster JUPUSDT | −0.105% | +0.0100% | 4h | $105K | $367K | 10x | as long as short |
| Pacifica JUP | −0.105% | +0.0100% | 1h | $280K | $169K | 10x | as long as short |
| BingX JUP-USDT | −0.105% | +0.0100% | 4h | — | $21.2M | — | as long as short |
| Aevo JUP-PERP | −0.105% | +0.0104% | 1h | $40K | — | 3x | as long as short |
| dYdX JUP-USD | −0.101% | +0.0192% | 1h | $38K | $41K | 5x | as long as short |
| Paradex JUP-USD-PERP | −0.101% | +0.0085% | 8h | $9K | $15K | 10x | as long as short |
| Nado JUP-PERP | −0.088% | +0.0100% | 1h | $596K | $637K | 10x | as long as short |
| Reya JUPRUSDPERP | −0.085% | +0.0057% | 1h | — | — | 20x | as long as short |
| Backpack JUP_USDC_PERP | −0.075% | +0.0062% | 1h | $971K | $261K | 10x | as long as short |
| KuCoin JUPUSDTM | −0.071% | +0.0100% | 4h | $4.1M | $7.4M | 50x | as long as short |
| Bitget JUPUSDT | −0.071% | +0.0100% | 4h | $5.6M | $8.7M | 75x | as long as short |
| Phoenix JUPshort | −0.048% | +0.0055% | 1h | $47K | $383K | 10x | |
| Orderly PERP_JUP_USDC | −0.037% | +0.0096% | 4h | $24K | $40K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | −0.021% | L +0.0002% / S −0.0001% | 1h | $16K | — | 150x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | −0.019% | L −0.0463% / S +0.0168% | 1h | $13K | — | 100x | as long as short |
| Lighter JUP | −0.017% | +0.0096% | 1h | $861K | $1.2M | 10x | as long as short |
| Kraken Futures PF_JUPUSD | −0.005% | −0.0120% | 1h | $557K | $557K | 20x | as long as short |
| Hyperliquid JUP | −0.003% | +0.0100% | 1h | $18.8M | $14.2M | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | −0.003% | +0.0256% | 1h | $74K | $91K | 50x | as long as short |
| BloFin JUP-USDT | −0.003% | +0.0111% | 4h | $890K | $263K | 50x | as long as short |
| 01 Exchange JUPUSDlong | 0.000% | +0.0104% | 1h | $26K | $19K | 5x | |
| Deribit JUP_USDC-PERPETUAL | +0.027% | +0.0260% | 1h | $57K | $13K | 10x | as long as short |
| Phemex JUPUSDT | +0.031% | +0.0100% | 4h | $2.9M | $4.1M | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.099% | +0.0100% | 1h | $93K | $146K | 10x | as long as short |