Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Bitget against Aster+0.068%7-day average −0.046% · 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−$53as in the Price arb table

costs, in and out, $10k−$640.639% of the position

Long on Aster Short on Bitget

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)−0.154%−$15 · spread now +0.068%, 7d avg −0.046%

Together, before fees−0.150%+ Points / potential airdropAster: Stage 5 · farm board−$15 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: Bitget is 0.114% dearer against Aster than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster JUPUSDT	0.2947	0.0100	pay 0.0050% / 4h	2h 53m	$114K	$325K	10x
Short	Bitget JUPUSDT	0.2949	0.0100	get 0.0050% / 4h	2h 53m	$5.7M	$6.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.068%Rate

Funding earned: $0
Price spread: +0.068% → −0.046%: $11.42
Slippage, 4 orders: −$43.94
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$52.53
Costs to cover: 0.639%
Break-even: never at this rate

Slippage from Aster: live order book, 14 min ago; Bitget: live order book, 5 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, 14 min ago	3.33 bp	22.3 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	5.05 bp	14.2 bp −$14	39.7 bp −$397	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	−0.4347%	1h	0.2904	−1.459%	$3K	$206K	5.5x	as long as short
Backpack JUP_USDC_PERP	−0.0392%	1h	0.2947	−0.017%	$976K	$235K	10x	as long as short
Pacifica JUP	−0.0353%	1h	0.2946	−0.018%	$281K	$147K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0210% / S +0.0573%	1h	0.2950	+0.093%	$16K	—	100x	as long as short
Bybit JUPUSDT	−0.0150%	4h	0.2946	−0.024%	$15.8M	$20.7M	50x	as long as short
01 Exchange JUPUSD	−0.0096%	1h	0.2950	+0.105%	$26K	$19K	5x	as long as short
OKX JUP-USDT-SWAP	−0.0086%	4h	0.2950	+0.102%	$4.0M	$15.0M	50x	as long as short
Kraken Futures PF_JUPUSD	−0.0024%	1h	0.2952	+0.161%	$593K	$524K	20x	as long as short
dYdX JUP-USD	0.0000%	1h	0.2949	+0.052%	$39K	$31K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2951	+0.149%	$54K	$16K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2951	+0.140%	—	—	150x	as long as short
Gate JUP_USDT	+0.0052%	4h	0.2945	−0.068%	$742K	$1.5M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2947	+0.002%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0082%	8h	0.2947	−0.012%	$9K	$11K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2953	+0.204%	$782K	$1.3M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2951	+0.136%	$31K	$44K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2945	−0.068%	$605K	$618K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2950	+0.098%	$18.8M	$11.3M	10x	as long as short
Aster JUPUSDTlong	+0.0100%	4h	0.2947	long leg	$114K	$325K	10x
Binance JUPUSDT	+0.0100%	4h	0.2951	+0.136%	$16.3M	$47.7M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2971	+0.814%	$62K	$8K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2951	+0.136%	$7.5M	$6.9M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2949	+0.068%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDTshort	+0.0100%	4h	0.2949	+0.068%	$5.7M	$6.7M	75x
BingX JUP-USDT	+0.0100%	4h	0.2947	0.000%	—	$20.8M	—	as long as short
Variational Omni JUP	+0.0100%	4h	0.2938	−0.304%	$713K	$768K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2945	−0.058%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2964	+0.577%	$158K	$303K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2953	+0.204%	$93K	$111K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2943	−0.136%	$111K	$55K	20x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2949	+0.061%	$2.2M	$485K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2948	+0.034%	$40K	—	3x	as long as short
Phoenix JUP	+0.0188%	1h	0.2941	−0.190%	$96K	$402K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0272%	1h	0.2952	+0.159%	$74K	$58K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2951	+0.136%	$854K	$380K	50x	as long as short
Phemex JUPUSDT	+0.0584%	4h	0.2957	+0.339%	$2.9M	$3.6M	50x	as long as short