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−0.096%7-day average +0.007% · 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−$116as in the Price arb table

costs, in and out, $10k−$1061.056% 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)+0.081%+$8 · spread now −0.096%, 7d avg +0.007%

Together, before fees+0.084%+ Points / potential airdropAster: Stage 5 · farm board+$8 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 0.103% cheaper against Aster than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster JUPUSDT	0.2982	0.0100	pay 0.0050% / 4h	26m 26s	$116K	$361K	10x
Short	KuCoin JUPUSDTM	0.2979	0.0100	get 0.0050% / 4h	26m 26s	$4.2M	$7.0M	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 −0.096%Rate

Funding earned: $0
Price spread: −0.096% → +0.007%: −$10.28
Slippage, 4 orders: −$85.55
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$115.83
Costs to cover: 1.056%
Break-even: never at this rate

Slippage from Aster: live order book, 51 min ago; KuCoin: live order book, 1 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, 51 min ago	1.69 bp	17.9 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	5.03 bp	43.4 bp −$43	109.4 bp −$1,094	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	−0.4371%	1h	0.2950	−1.068%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2980	−0.055%	$16K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0208%	1h	0.2983	+0.023%	$601K	$597K	20x	as long as short
Pacifica JUP	−0.0199%	1h	0.2980	−0.076%	$284K	$167K	10x	as long as short
Bybit JUPUSDT	−0.0049%	4h	0.2974	−0.264%	$16.2M	$22.5M	50x	as long as short
Deribit JUP_USDC-PERPETUAL	0.0000%	1h	0.2982	−0.002%	$56K	$14K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2977	−0.146%	$17K	—	150x	as long as short
01 Exchange JUPUSD	+0.0016%	1h	0.2977	−0.149%	$26K	$19K	5x	as long as short
Gate JUP_USDT	+0.0046%	4h	0.2978	−0.129%	$746K	$1.8M	75x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2974	−0.250%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX JUP-USD	+0.0064%	1h	0.2981	−0.012%	$39K	$33K	5x	as long as short
Paradex JUP-USD-PERP	+0.0086%	8h	0.2977	−0.154%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2981	−0.042%	$796K	$1.4M	10x	as long as short
BloFin JUP-USDT	+0.0099%	4h	0.2981	−0.029%	$851K	$327K	50x	as long as short
Orderly PERP_JUP_USDC	+0.0099%	4h	0.2981	−0.029%	$31K	$48K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2978	−0.124%	$721K	$941K	—	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2976	−0.180%	$614K	$657K	10x	as long as short
Aster JUPUSDTlong	+0.0100%	4h	0.2982	long leg	$116K	$361K	10x
Binance JUPUSDT	+0.0100%	4h	0.2977	−0.149%	$16.4M	$53.3M	75x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2973	−0.297%	$4.1M	$16.4M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2981	−0.026%	$58K	$2K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2977	−0.163%	$8.1M	$7.7M	200x	as long as short
KuCoin JUPUSDTMshort	+0.0100%	4h	0.2979	−0.096%	$4.2M	$7.0M	50x
Bitget JUPUSDT	+0.0100%	4h	0.2978	−0.129%	$5.8M	$8.0M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2975	−0.230%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2982	+0.005%	$987K	$244K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2984	+0.072%	$1.7M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2983	+0.038%	$159K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2982	−0.009%	$94K	$129K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2975	−0.230%	$112K	$66K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2986	+0.139%	$2.9M	$3.9M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2978	−0.142%	$41K	—	3x	as long as short
Hyperliquid JUP	+0.0131%	1h	0.2982	−0.009%	$19.2M	$13.1M	10x	as long as short
Phoenix JUP	+0.0162%	1h	0.2986	+0.136%	$97K	$479K	10x	as long as short
Extended JUP-USD	+0.0248%	1h	0.2975	−0.214%	$2.2M	$507K	25x	as long as short
Coinbase International JUP-PERP-INTX	+0.0256%	1h	0.3000	+0.622%	$75K	$93K	50x	as long as short