Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h +1.313%

Price spread now: dYdX against Aster+0.019%49s7-day average — · you sell dearer than you buy

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

Long on Aster Short on dYdX

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 49 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	Aster JUPUSDT	0.2979	0.0100	pay 0.0050% / 4h	2h 16m	$107K	$367K	10x
Short	dYdX JUP-USD	0.2980	0.0028	get 0.0004% / 1h	16m 48s	$39K	$36K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.019%Rate

Funding earned: −$15.08
Price spread: +0.019% → 0.000%: $1.91
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$31.17
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 5 min ago; dYdX: no order-book sample. 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 Aster live order book, 5 min ago	3.35 bp	19.9 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	−0.5000%	1h	0.2978	−0.043%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0869% / S +0.0326%	1h	0.2978	−0.043%	$13K	—	100x	as long as short
Bybit JUPUSDT	−0.0090%	4h	0.2973	−0.211%	$16.3M	$24.1M	50x	as long as short
Phoenix JUP	0.0000%	1h	0.2979	−0.006%	$95K	$447K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2979	−0.026%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2979	−0.022%	$17K	—	150x	as long as short
Gate JUP_USDT	+0.0008%	4h	0.2975	−0.144%	$740K	$1.9M	75x	as long as short
Kraken Futures PF_JUPUSD	+0.0009%	1h	0.2977	−0.070%	$604K	$624K	20x	as long as short
dYdX JUP-USDshort	+0.0028%	1h	0.2980	+0.019%	$39K	$36K	5x
BloFin JUP-USDT	+0.0043%	4h	0.2979	−0.009%	$859K	$334K	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange JUPUSD	+0.0056%	1h	0.2977	−0.077%	$26K	$19K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2975	−0.132%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0093%	8h	0.2976	−0.125%	$9K	$15K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2979	+0.007%	$869K	$1.3M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2978	−0.043%	$31K	$51K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2975	−0.127%	$599K	$671K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2980	+0.017%	$19.1M	$14.0M	10x	as long as short
Aster JUPUSDTlong	+0.0100%	4h	0.2979	long leg	$107K	$367K	10x
Pacifica JUP	+0.0100%	1h	0.2976	−0.112%	$284K	$181K	10x	as long as short
Binance JUPUSDT	+0.0100%	4h	0.2975	−0.134%	$16.5M	$56.3M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2974	−0.177%	$4.1M	$16.7M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2975	−0.144%	$8.1M	$8.1M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2979	−0.009%	$4.5M	$7.2M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2976	−0.110%	$5.7M	$8.5M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2975	−0.144%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2977	−0.070%	$985K	$266K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2979	+0.002%	$729K	$1.2M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2978	−0.043%	$1.6M	$4.2M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2979	−0.009%	$158K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2983	+0.132%	$94K	$138K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2970	−0.312%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2982	+0.091%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2982	+0.091%	$58K	$4K	10x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2976	−0.126%	$41K	—	3x	as long as short
Coinbase International JUP-PERP-INTX	+0.0248%	1h	0.2989	+0.343%	$74K	$95K	50x	as long as short
Extended JUP-USD	+0.0256%	1h	0.2974	−0.173%	$2.2M	$539K	25x	as long as short