Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%

Price spread now: Aster against Polymarket Perps−0.016%7-day average −0.095% · 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−$670.668% of the position

Long on Polymarket Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.001%$0 on $10k

Price spread, last 4 days (all we have)−1.910%−$191 · spread now −0.016%, 7d avg −0.095%

Together, before fees−1.909%+ Points / potential airdropAster: Stage 5 · farm board−$191 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: Aster is 0.079% dearer against Polymarket Perps than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.095%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps JUP-USD	0.2959	0.0100	pay 0.0013% / 1h	18m 53s	$94K	$109K	10x
Short	Aster JUPUSDT	0.2958	0.0100	get 0.0050% / 4h	2h 18m	$114K	$321K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Polymarket Perps. 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 Polymarket PerpsbpFee AsterbpOrdersPrice spread, now −0.016%Rate

Funding earned: $0
Price spread: −0.016% → −0.095%: $7.94
Slippage, 4 orders: −$50.83
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$58.89
Costs to cover: 0.668%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 48 min ago; Aster: live order book, 48 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 Polymarket Perps live order book, 48 min ago	2.99 bp	14.9 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 48 min ago	3.33 bp	12.9 bp −$13	doesn't fit	doesn't fit	doesn't fit

JUP on 35 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	0.2917	−1.413%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0353%	1h	0.2956	−0.096%	$282K	$147K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0619%	1h	0.2956	−0.082%	$16K	—	100x	as long as short
Bybit JUPUSDT	−0.0213%	4h	0.2958	−0.027%	$15.9M	$19.9M	50x	as long as short
OKX JUP-USDT-SWAP	−0.0042%	4h	0.2962	+0.108%	$4.1M	$13.8M	50x	as long as short
Kraken Futures PF_JUPUSD	−0.0024%	1h	0.2959	−0.002%	$591K	$512K	20x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2959	−0.010%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2957	−0.067%	—	—	150x	as long as short
Variational Omni JUP	+0.0014%	4h	0.2958	−0.029%	$722K	$751K	—	as long as short
Gate JUP_USDT	+0.0020%	4h	0.2956	−0.095%	$738K	$1.5M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX JUP-USD	+0.0026%	1h	0.2956	−0.086%	$39K	$29K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2957	−0.070%	—	—	20x	as long as short
Paradex JUP-USD-PERP	+0.0091%	8h	0.2955	−0.114%	$9K	$11K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2961	+0.061%	$782K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2955	−0.128%	$599K	$533K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2962	+0.091%	$18.8M	$10.7M	10x	as long as short
Aster JUPUSDTshort	+0.0100%	4h	0.2958	−0.016%	$114K	$321K	10x
Binance JUPUSDT	+0.0100%	4h	0.2961	+0.074%	$16.4M	$45.3M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2964	+0.176%	$62K	$8K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2958	−0.027%	$7.4M	$7.0M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2959	+0.007%	$4.0M	$6.6M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2959	+0.007%	$5.8M	$6.3M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2960	+0.041%	—	$20.8M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2959	+0.007%	$980K	$235K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2964	+0.175%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2963	+0.142%	$157K	$288K	50x	as long as short
Polymarket Perps JUP-USDlong	+0.0100%	1h	0.2959	long leg	$94K	$109K	10x
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2957	−0.061%	$31K	$43K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2951	−0.264%	$111K	$49K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2960	+0.041%	$2.9M	$3.5M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2955	−0.128%	$40K	—	3x	as long as short
01 Exchange JUPUSD	+0.0136%	1h	0.2959	−0.007%	$26K	$19K	5x	as long as short
Phoenix JUP	+0.0188%	1h	0.2967	+0.284%	$98K	$402K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0272%	1h	0.2957	−0.071%	$74K	$51K	50x	as long as short
Extended JUP-USD	+0.0448%	1h	0.2959	+0.014%	$2.2M	$487K	25x	as long as short