Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: BingX against Aster−0.147%7-day average −0.039% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$480.484% of the position

Long on Aster Short on BingX

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 4 days (all we have)+0.024%+$2 · spread now −0.147%, 7d avg −0.039%

Together, before fees+0.028%+ Points / potential airdropAster: Stage 5 · farm board+$3 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: BingX is 0.107% cheaper against Aster than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster JUPUSDT	0.2952	0.0100	pay 0.0050% / 4h	1h 57m	$106K	$367K	10x
Short	BingX JUP-USDT	0.2948	0.0100	get 0.0050% / 4h	1h 57m	—	$20.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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 AsterbpFee BingXbpOrdersPrice spread, now −0.147%Rate

Funding earned: $0
Price spread: −0.147% → −0.039%: −$10.73
Slippage, 4 orders: −$30.43
Fee Aster: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$59.16
Costs to cover: 0.484%
Break-even: never at this rate

Slippage from Aster: live order book, 24 min ago; BingX: live order book, 11 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 Aster live order book, 24 min ago	3.35 bp	19.9 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	1.69 bp	6.7 bp −$7	9.6 bp −$96	21.2 bp −$2,121	66.9 bp −$33.5K

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	−0.3508%	1h	0.2922	−1.027%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0957% / S +0.0354%	1h	0.2951	−0.037%	$13K	—	100x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0597%	1h	0.2950	−0.082%	$56K	$14K	10x	as long as short
Pacifica JUP	−0.0335%	1h	0.2950	−0.066%	$281K	$177K	10x	as long as short
01 Exchange JUPUSD	−0.0296%	1h	0.2949	−0.130%	$26K	$19K	5x	as long as short
Kraken Futures PF_JUPUSD	−0.0176%	1h	0.2950	−0.063%	$598K	$623K	20x	as long as short
Bybit JUPUSDT	−0.0158%	4h	0.2947	−0.170%	$16.1M	$23.9M	50x	as long as short
Gate JUP_USDT	−0.0058%	4h	0.2948	−0.147%	$733K	$1.9M	75x	as long as short
Backpack JUP_USDC_PERP	−0.0052%	1h	0.2951	−0.059%	$976K	$263K	10x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2954	+0.050%	$39K	$35K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix JUP	0.0000%	1h	0.2954	+0.067%	$94K	$440K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2952	−0.026%	$17K	—	150x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2947	−0.170%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0069%	8h	0.2948	−0.140%	$9K	$15K	10x	as long as short
Variational Omni JUP	+0.0076%	4h	0.2952	+0.002%	$722K	$1.1M	—	as long as short
Lighter JUP	+0.0096%	1h	0.2951	−0.042%	$818K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2949	−0.104%	$610K	$678K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2954	+0.057%	$18.9M	$14.0M	10x	as long as short
Aster JUPUSDTlong	+0.0100%	4h	0.2952	long leg	$106K	$367K	10x
Binance JUPUSDT	+0.0100%	4h	0.2950	−0.079%	$16.3M	$56.1M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2949	−0.113%	$4.1M	$16.6M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2950	−0.079%	$8.0M	$7.9M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2952	−0.011%	$4.5M	$7.2M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2949	−0.113%	$5.6M	$8.5M	75x	as long as short
BingX JUP-USDTshort	+0.0100%	4h	0.2948	−0.147%	—	$20.9M	—
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2956	+0.138%	$1.6M	$4.1M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2956	+0.124%	$157K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2954	+0.043%	$93K	$139K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2950	−0.079%	$31K	$51K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2942	−0.350%	$110K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2955	+0.090%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2954	+0.057%	$57K	$3K	10x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2949	−0.120%	$2.2M	$541K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2949	−0.130%	$40K	—	3x	as long as short
BloFin JUP-USDT	+0.0141%	4h	0.2950	−0.079%	$854K	$336K	50x	as long as short
Coinbase International JUP-PERP-INTX	+0.0264%	1h	0.2989	+1.259%	$74K	$94K	50x	as long as short