Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%

Price spread now: Nado against Aster−0.056%7-day average −0.040% · 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−$56as in the Price arb table

costs, in and out, $10k−$540.539% of the position

Long on Aster Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.002%$0 on $10k

Price spread, last 3 days (all we have)+0.308%+$31 · spread now −0.056%, 7d avg −0.040%

Together, before fees+0.306%+ Points / potential airdropAster: Stage 5 · Nado: Active · farm board+$31 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster JUPUSDT	0.3021	0.0100	pay 0.0050% / 4h	3h 10m	$116K	$328K	10x
Short	Nado JUP-PERP	0.3019	0.0100	get 0.0012% / 1h	10m 19s	$624K	$626K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.056%Rate

Funding earned: $0
Price spread: −0.056% → −0.040%: −$1.63
Slippage, 4 orders: −$38.93
Fee Aster: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$55.57
Costs to cover: 0.539%
Break-even: never at this rate

Slippage from Aster: live order book, 62 min ago; Nado: live order book, 63 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, 62 min ago	1.68 bp	19.5 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 63 min ago	2.19 bp	9.0 bp −$9	41.8 bp −$418	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	−0.4634%	1h	0.2985	−1.190%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0356%	1h	0.3021	−0.006%	$288K	$148K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0210% / S +0.0573%	1h	0.3018	−0.083%	$17K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0100%	1h	0.3015	−0.208%	$607K	$526K	20x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0048%	1h	0.3017	−0.141%	$55K	$16K	10x	as long as short
01 Exchange JUPUSD	−0.0048%	1h	0.3021	+0.001%	$27K	$19K	5x	as long as short
OKX JUP-USDT-SWAP	−0.0033%	4h	0.3014	−0.230%	$4.1M	$15.7M	50x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.3019	−0.054%	$1K	—	150x	as long as short
dYdX JUP-USD	+0.0046%	1h	0.3018	−0.082%	$39K	$31K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.3017	−0.146%	—	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex JUP-USD-PERP	+0.0080%	8h	0.3021	+0.008%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.3017	−0.124%	$756K	$1.3M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.3017	−0.131%	$32K	$45K	10x	as long as short
Nado JUP-PERPshort	+0.0100%	1h	0.3019	−0.056%	$624K	$626K	10x
Hyperliquid JUP	+0.0100%	1h	0.3023	+0.071%	$19.4M	$11.7M	10x	as long as short
Aster JUPUSDTlong	+0.0100%	4h	0.3021	long leg	$116K	$328K	10x
Binance JUPUSDT	+0.0100%	4h	0.3019	−0.058%	$16.6M	$48.6M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.3017	−0.141%	$16.5M	$20.5M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.3001	−0.661%	$62K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.3018	−0.098%	$758K	$1.6M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.3020	−0.032%	$7.9M	$7.3M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.3019	−0.065%	$4.1M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.3018	−0.098%	$5.9M	$6.7M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.3017	−0.131%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.3014	−0.247%	$997K	$230K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.3010	−0.363%	$728K	$770K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.3023	+0.068%	$1.7M	$3.7M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.3016	−0.164%	$160K	$308K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.3021	+0.011%	$95K	$111K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.3015	−0.197%	$113K	$54K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.3021	+0.001%	$3.0M	$3.7M	50x	as long as short
Extended JUP-USD	+0.0104%	1h	0.3012	−0.286%	$2.2M	$490K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.3013	−0.265%	$41K	—	3x	as long as short
Phoenix JUP	+0.0214%	1h	0.3019	−0.061%	$98K	$469K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0280%	1h	0.3019	−0.061%	$75K	$60K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.3014	−0.230%	$853K	$358K	50x	as long as short