Funding arb · Price arb /

JUP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.002%

Price spread now: Aster against Aevo+0.156%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.156% dearer against Aevo than usual: you sell high and buy low, +$16 on $10k if it 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	Aevo JUP-PERP	0.2983	0.0104	pay 0.0013% / 1h	37m 44s	$41K	—	3x
Short	Aster JUPUSDT	0.2988	0.0100	get 0.0050% / 4h	37m 44s	$116K	$363K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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 AevobpFee AsterbpOrdersPrice spread, now +0.156%Rate

Funding earned: −$0.84
Price spread: +0.156% → 0.000%: $15.61
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aster: 4 bp × 2 orders: −$8
Net: −$9.23
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Aster: live order book, 39 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 Aevo no order-book sample	—	—	—	—	—
Sell Aster live order book, 39 min ago	1.69 bp	16.7 bp −$17	doesn't fit	doesn't fit	doesn't fit

Aevo: 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	−0.4371%	1h	0.2950	−1.109%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0339% / S +0.0663%	1h	0.2986	+0.105%	$16K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0208%	1h	0.2988	+0.162%	$602K	$614K	20x	as long as short
Pacifica JUP	−0.0199%	1h	0.2988	+0.159%	$285K	$168K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2987	+0.118%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2988	+0.149%	$17K	—	150x	as long as short
Bybit JUPUSDT	+0.0012%	4h	0.2983	−0.003%	$16.3M	$22.9M	50x	as long as short
Gate JUP_USDT	+0.0054%	4h	0.2984	+0.031%	$750K	$1.8M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2984	+0.027%	—	—	20x	as long as short
01 Exchange JUPUSD	+0.0072%	1h	0.2989	+0.195%	$26K	$19K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX JUP-USD	+0.0079%	1h	0.2987	+0.118%	$39K	$34K	5x	as long as short
Paradex JUP-USD-PERP	+0.0086%	8h	0.2985	+0.075%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2989	+0.191%	$800K	$1.4M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2987	+0.131%	$31K	$48K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2986	+0.106%	$616K	$663K	10x	as long as short
Aster JUPUSDTshort	+0.0100%	4h	0.2988	+0.156%	$116K	$363K	10x
Binance JUPUSDT	+0.0100%	4h	0.2986	+0.098%	$16.4M	$53.8M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2983	−0.003%	$4.1M	$16.5M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2985	+0.064%	$58K	$2K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2986	+0.098%	$8.2M	$7.7M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2988	+0.165%	$4.3M	$7.0M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2988	+0.165%	$5.9M	$8.1M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2984	+0.031%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2987	+0.131%	$988K	$244K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2983	+0.001%	$722K	$1.0M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2989	+0.192%	$1.6M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2988	+0.165%	$159K	$320K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2991	+0.252%	$95K	$129K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2979	−0.137%	$112K	$67K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2993	+0.332%	$2.9M	$3.9M	50x	as long as short
Aevo JUP-PERPlong	+0.0104%	1h	0.2983	long leg	$41K	—	3x
BloFin JUP-USDT	+0.0158%	4h	0.2985	+0.064%	$848K	$330K	50x	as long as short
Phoenix JUP	+0.0162%	1h	0.2993	+0.315%	$97K	$479K	10x	as long as short
Hyperliquid JUP	+0.0179%	1h	0.2992	+0.282%	$19.2M	$13.1M	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.3000	+0.580%	$75K	$95K	50x	as long as short
Extended JUP-USD	+0.0264%	1h	0.2983	+0.005%	$2.2M	$507K	25x	as long as short