Settings8H · net · $10k
Funding arb · Price arb /

JUP

all JUP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.4471%/8h= +489.5% APRpaid last 24h +0.538%
Price spread now: Aster against Injective+1.279%87s7-day average +2.135% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+2.354%+$235 on $10k
Price spread, last 3 days (all we have)−0.559%−$56 · spread now +1.279%, 7d avg +2.135%
Together, before fees+1.795%+ Points / potential airdropAster: Stage 5 · farm board+$179 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.856% cheaper against Injective than usual: you would sell low and buy high (spread +1.279% now, against its 7-day average of +2.135%). If the spread goes back, that is −$86 on $10k: about 15 hours of funding at the current rate (+$134 a day). At the pace of the last 5 days (+2.354% in total) that is about 46 hours. The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 2.354% in total (about 161.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective JUP/USDC PERP0.2950−0.4371get 0.0546% / 1h37m 44s$3K$206K5.5x
ShortAster JUPUSDT0.29880.0100get 0.0050% / 4h37m 44s$116K$363K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$938.82
Price spread: +1.279% → +2.135%
−$85.57
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aster: 4 bp × 2 orders
−$8
Net
$845.23
Costs to cover
0.080%
Break-even
0.7 days
Slippage unknown: Injective: live order book, 41 min ago; Aster: live order book, 39 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective live order book, 41 min ago71.28 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 39 min ago1.69 bp16.7 bp −$17doesn't fitdoesn't fitdoesn't fit

JUP on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective JUP/USDC PERPlong−0.4371%1h0.2950long leg$3K$206K5.5x
GMX JUP/USD [WBTC.b-USDC]L −0.0339% / S +0.0663%1h0.2986+1.227%$16K100xas long as short
Kraken Futures PF_JUPUSD−0.0208%1h0.2988+1.286%$602K$614K20xas long as short
Pacifica JUP−0.0199%1h0.2988+1.283%$285K$168K10xas long as short
Deribit JUP_USDC-PERPETUAL0.0000%1h0.2987+1.241%$56K$14K10xas long as short
gTrade (Gains Network) JUP/USDL +0.0002% / S −0.0001%1h0.2988+1.272%$17K150xas long as short
Bybit JUPUSDT+0.0012%4h0.2983+1.119%$16.3M$22.9M50xas long as short
Gate JUP_USDT+0.0054%4h0.2984+1.153%$750K$1.8M75xas long as short
Reya JUPRUSDPERP+0.0057%1h0.2984+1.149%20xas long as short
01 Exchange JUPUSD+0.0072%1h0.2989+1.319%$26K$19K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX JUP-USD+0.0079%1h0.2987+1.241%$39K$34K5xas long as short
Paradex JUP-USD-PERP+0.0086%8h0.2985+1.197%$9K$13K10xas long as short
Lighter JUP+0.0096%1h0.2989+1.315%$800K$1.4M10xas long as short
Orderly PERP_JUP_USDC+0.0100%4h0.2987+1.254%$31K$48K10xas long as short
Nado JUP-PERP+0.0100%1h0.2986+1.229%$616K$663K10xas long as short
Aster JUPUSDTshort+0.0100%4h0.2988+1.279%$116K$363K10x
Binance JUPUSDT+0.0100%4h0.2986+1.220%$16.4M$53.8M75xas long as short
OKX JUP-USDT-SWAP+0.0100%4h0.2983+1.119%$4.1M$16.5M50xas long as short
Bulk JUP-USD+0.0100%1h0.2985+1.186%$58K$2K10xas long as short
MEXC JUP_USDT+0.0100%4h0.2986+1.220%$8.2M$7.7M200xas long as short
KuCoin JUPUSDTM+0.0100%4h0.2988+1.288%$4.3M$7.0M50xas long as short
Bitget JUPUSDT+0.0100%4h0.2988+1.288%$5.9M$8.1M75xas long as short
BingX JUP-USDT+0.0100%4h0.2984+1.153%$20.9Mas long as short
Backpack JUP_USDC_PERP+0.0100%1h0.2987+1.254%$988K$244K10xas long as short
Variational Omni JUP+0.0100%4h0.2983+1.123%$722K$1.0Mas long as short
GRVT JUP_USDT_Perp+0.0100%4h0.2989+1.316%$1.6M$3.9M10xas long as short
ApeX Omni JUPUSDT+0.0100%1h0.2988+1.288%$159K$320K50xas long as short
Polymarket Perps JUP-USD+0.0100%1h0.2991+1.376%$95K$129K10xas long as short
HTX JUP-USDT+0.0100%4h0.2979+0.983%$112K$67K20xas long as short
Phemex JUPUSDT+0.0100%4h0.2993+1.458%$2.9M$3.9M50xas long as short
Aevo JUP-PERP+0.0104%1h0.2983+1.122%$41K3xas long as short
BloFin JUP-USDT+0.0158%4h0.2985+1.186%$848K$330K50xas long as short
Phoenix JUP+0.0162%1h0.2993+1.441%$97K$479K10xas long as short
Hyperliquid JUP+0.0179%1h0.2992+1.407%$19.2M$13.1M10xas long as short
Coinbase International JUP-PERP-INTX+0.0256%1h0.3000+1.708%$75K$95K50xas long as short
Extended JUP-USD+0.0264%1h0.2983+1.127%$2.2M$507K25xas long as short