Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%

Price spread now: Aster against ApeX Omni+0.410%109s7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$680.678% of the position

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.004%$0 on $10k

Price spread, last 3 days (all we have)−0.866%−$87 · spread now +0.410%, 7d avg −0.029%

Together, before fees−0.862%+ Points / potential airdropAster: Stage 5 · farm board−$86 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.439% dearer against ApeX Omni than usual: you sell high and buy low, +$44 on $10k if it goes back to its 7-day average of −0.029%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni JUPUSDT	0.2997	0.0100	pay 0.0013% / 1h	29m 47s	$159K	$320K	50x
Short	Aster JUPUSDT	0.3009	0.0100	get 0.0050% / 4h	3h 29m	$109K	$368K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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 ApeX OmnibpFee AsterbpOrdersPrice spread, now +0.410%Rate

Funding earned: $0
Price spread: +0.410% → −0.029%: $43.95
Slippage, 4 orders: −$49.82
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$23.88
Costs to cover: 0.678%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 18 min ago; Aster: live order book, 18 min ago.

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 ApeX Omni live order book, 18 min ago	10.10 bp	18.1 bp −$18	125.1 bp −$1,251	doesn't fit	doesn't fit
Sell Aster live order book, 18 min ago	3.36 bp	17.0 bp −$17	doesn't fit	doesn't fit	doesn't fit

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	−0.4049%	1h	0.3006	+0.300%	$3K	$110K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0608% / S +0.0214%	1h	0.3008	+0.359%	$13K	—	100x	as long as short
Gate JUP_USDT	−0.0118%	4h	0.3005	+0.267%	$754K	$2.0M	75x	as long as short
Phoenix JUP	0.0000%	1h	0.3003	+0.194%	$45K	$396K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.3009	+0.410%	$58K	$13K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.3008	+0.363%	$17K	—	150x	as long as short
dYdX JUP-USD	+0.0046%	1h	0.3011	+0.467%	$39K	$41K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.3004	+0.237%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0094%	8h	0.3006	+0.292%	$9K	$15K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.3009	+0.410%	$935K	$1.2M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_JUP_USDC	+0.0099%	4h	0.3009	+0.400%	$31K	$52K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.3005	+0.267%	$602K	$667K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.3014	+0.554%	$19.3M	$14.1M	10x	as long as short
Aster JUPUSDTshort	+0.0100%	4h	0.3009	+0.410%	$109K	$368K	10x
Pacifica JUP	+0.0100%	1h	0.3006	+0.307%	$288K	$165K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.3008	+0.369%	$16.7M	$56.6M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.3003	+0.204%	$16.9M	$23.7M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.3003	+0.200%	$4.1M	$16.9M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.3010	+0.434%	$8.3M	$8.0M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.3009	+0.400%	$4.2M	$7.3M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.3007	+0.334%	$5.8M	$8.8M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.3007	+0.334%	—	$21.6M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.3010	+0.437%	$993K	$271K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2997	−0.001%	$736K	$1.2M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.3001	+0.133%	$1.6M	$4.2M	10x	as long as short
ApeX Omni JUPUSDTlong	+0.0100%	1h	0.2997	long leg	$159K	$320K	50x
Polymarket Perps JUP-USD	+0.0100%	1h	0.3011	+0.480%	$95K	$141K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2999	+0.067%	$113K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.3011	+0.467%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.3003	+0.187%	$58K	$4K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.3011	+0.470%	$41K	—	3x	as long as short
BloFin JUP-USDT	+0.0124%	4h	0.3003	+0.200%	$869K	$277K	50x	as long as short
01 Exchange JUPUSD	+0.0160%	1h	0.3010	+0.447%	$27K	$19K	5x	as long as short
Extended JUP-USD	+0.0200%	1h	0.3007	+0.324%	$2.2M	$542K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.3009	+0.410%	$75K	$95K	50x	as long as short
Kraken Futures PF_JUPUSD	+0.0283%	1h	0.3009	+0.401%	$608K	$623K	20x	as long as short