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: KuCoin against Aster+0.098%7-day average +0.008% · 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−$87as in the Price arb table

costs, in and out, $10k−$960.959% of the position

Long on Aster Short on KuCoin

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)−0.182%−$18 · spread now +0.098%, 7d avg +0.008%

Together, before fees−0.178%+ Points / potential airdropAster: Stage 5 · farm board−$18 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: KuCoin is 0.090% dearer against Aster than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster JUPUSDT	0.2964	0.0100	pay 0.0050% / 4h	1h 54m	$106K	$367K	10x
Short	KuCoin JUPUSDTM	0.2967	0.0100	get 0.0050% / 4h	1h 54m	$4.3M	$7.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.098%Rate

Funding earned: $0
Price spread: +0.098% → +0.008%: $9
Slippage, 4 orders: −$75.85
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$86.85
Costs to cover: 0.959%
Break-even: never at this rate

Slippage from Aster: live order book, 28 min ago; KuCoin: live order book, 4 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, 28 min ago	3.35 bp	19.9 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	6.77 bp	34.0 bp −$34	99.1 bp −$991	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	−0.3508%	1h	0.2922	−1.421%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0975% / S +0.0360%	1h	0.2961	−0.089%	$13K	—	100x	as long as short
Pacifica JUP	−0.0335%	1h	0.2967	+0.096%	$283K	$177K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0223%	1h	0.2960	−0.135%	$56K	$14K	10x	as long as short
Kraken Futures PF_JUPUSD	−0.0176%	1h	0.2960	−0.143%	$600K	$623K	20x	as long as short
01 Exchange JUPUSD	−0.0088%	1h	0.2967	+0.081%	$26K	$19K	5x	as long as short
Bybit JUPUSDT	−0.0086%	4h	0.2957	−0.243%	$16.2M	$23.9M	50x	as long as short
Gate JUP_USDT	−0.0028%	4h	0.2964	−0.004%	$737K	$1.9M	75x	as long as short
Phoenix JUP	0.0000%	1h	0.2956	−0.270%	$95K	$441K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2963	−0.054%	$17K	—	150x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya JUPRUSDPERP	+0.0057%	1h	0.2961	−0.112%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0070%	8h	0.2965	+0.033%	$9K	$15K	10x	as long as short
Variational Omni JUP	+0.0074%	4h	0.2956	−0.265%	$721K	$1.1M	—	as long as short
Lighter JUP	+0.0096%	1h	0.2959	−0.162%	$813K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2963	−0.037%	$613K	$677K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2966	+0.064%	$19.0M	$13.9M	10x	as long as short
Aster JUPUSDTlong	+0.0100%	4h	0.2964	long leg	$106K	$367K	10x
Binance JUPUSDT	+0.0100%	4h	0.2957	−0.240%	$16.3M	$56.0M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2955	−0.307%	$4.1M	$16.6M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2957	−0.240%	$8.0M	$7.9M	200x	as long as short
KuCoin JUPUSDTMshort	+0.0100%	4h	0.2967	+0.098%	$4.3M	$7.2M	50x
Bitget JUPUSDT	+0.0100%	4h	0.2959	−0.172%	$5.7M	$8.5M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2963	−0.037%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2968	+0.128%	$982K	$263K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2953	−0.380%	$1.6M	$4.1M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2951	−0.442%	$157K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2967	+0.091%	$93K	$139K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2963	−0.037%	$31K	$51K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2960	−0.139%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2963	−0.037%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2954	−0.341%	$57K	$3K	10x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2958	−0.223%	$2.2M	$540K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2959	−0.184%	$40K	—	3x	as long as short
BloFin JUP-USDT	+0.0107%	4h	0.2968	+0.131%	$854K	$333K	50x	as long as short
dYdX JUP-USD	+0.0142%	1h	0.2968	+0.121%	$39K	$35K	5x	as long as short
Coinbase International JUP-PERP-INTX	+0.0264%	1h	0.2989	+0.857%	$74K	$94K	50x	as long as short