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: Polymarket Perps against Aster+0.012%46s7-day average +0.094% · 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—prices read too far apart to compare

costs, in and out, $10k−$760.758% of the position

Long on Aster Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.002%$0 on $10k

Price spread, last 3 days (all we have)+0.341%+$34 · spread now +0.012%, 7d avg +0.094%

Together, before fees+0.338%+ Points / potential airdropAster: Stage 5 · farm board+$34 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: Polymarket Perps is 0.081% cheaper against Aster than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.094%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster JUPUSDT	0.3017	0.0100	pay 0.0050% / 4h	3h 11m	$116K	$328K	10x
Short	Polymarket Perps JUP-USD	0.3018	0.0100	get 0.0013% / 1h	11m 49s	$95K	$111K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.012%Rate

Funding earned: $0
Price spread: +0.012% → +0.094%: −$8.15
Slippage, 4 orders: −$59.79
Fee Aster: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$83.94
Costs to cover: 0.758%
Break-even: never at this rate

Slippage from Aster: live order book, 60 min ago; Polymarket Perps: live order book, 60 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, 60 min ago	1.68 bp	19.5 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 60 min ago	10.25 bp	24.9 bp −$25	doesn't fit	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	−1.065%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0356%	1h	0.3013	−0.121%	$287K	$148K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0210% / S +0.0573%	1h	0.3016	−0.049%	$17K	—	100x	as long as short
Kraken Futures PF_JUPUSD	−0.0100%	1h	0.3015	−0.059%	$607K	$526K	20x	as long as short
01 Exchange JUPUSD	−0.0056%	1h	0.3014	−0.100%	$27K	$19K	5x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0048%	1h	0.3015	−0.057%	$55K	$16K	10x	as long as short
OKX JUP-USDT-SWAP	−0.0026%	4h	0.3011	−0.203%	$4.1M	$15.7M	50x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.3016	−0.026%	$1K	—	150x	as long as short
dYdX JUP-USD	+0.0047%	1h	0.3015	−0.056%	$39K	$31K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.3012	−0.160%	—	—	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	0.3014	−0.107%	$9K	$13K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.3016	−0.027%	$755K	$1.3M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.3015	−0.070%	$32K	$45K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.3013	−0.145%	$625K	$625K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.3018	+0.042%	$19.4M	$11.7M	10x	as long as short
Aster JUPUSDTlong	+0.0100%	4h	0.3017	long leg	$116K	$328K	10x
Binance JUPUSDT	+0.0100%	4h	0.3013	−0.137%	$16.6M	$48.7M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.3012	−0.170%	$16.5M	$20.5M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.3001	−0.535%	$62K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.3015	−0.070%	$758K	$1.6M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.3013	−0.137%	$7.9M	$7.3M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.3015	−0.070%	$4.1M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.3013	−0.137%	$5.9M	$6.7M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.3013	−0.137%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.3014	−0.090%	$997K	$230K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.3009	−0.268%	$728K	$771K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.3017	−0.004%	$1.7M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.3016	−0.037%	$160K	$308K	50x	as long as short
Polymarket Perps JUP-USDshort	+0.0100%	1h	0.3018	+0.012%	$95K	$111K	10x
HTX JUP-USDT	+0.0100%	4h	0.3015	−0.070%	$114K	$54K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.3023	+0.195%	$3.0M	$3.7M	50x	as long as short
Extended JUP-USD	+0.0104%	1h	0.3012	−0.167%	$2.2M	$490K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.3014	−0.104%	$41K	—	3x	as long as short
Phoenix JUP	+0.0214%	1h	0.3019	+0.065%	$98K	$469K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0280%	1h	0.3019	+0.052%	$75K	$61K	50x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.3024	+0.228%	$856K	$359K	50x	as long as short