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: Aster against Binance+0.149%7-day average +0.021% · 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−$46as in the Price arb table

costs, in and out, $10k−$590.590% of the position

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.175%−$17 · spread now +0.149%, 7d avg +0.021%

Together, before fees−0.175%+ Points / potential airdropAster: Stage 5 · farm board−$17 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 0.128% dearer against Binance than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance JUPUSDT	0.2950	0.0100	pay 0.0050% / 4h	1h 38m	$16.3M	$56.0M	75x
Short	Aster JUPUSDT	0.2954	0.0100	get 0.0050% / 4h	1h 38m	$106K	$367K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now +0.149%Rate

Funding earned: $0
Price spread: +0.149% → +0.021%: $12.85
Slippage, 4 orders: −$41.03
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$46.18
Costs to cover: 0.590%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; Aster: live order book, 43 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 Binance live order book, 4 min ago	1.69 bp	12.1 bp −$12	28.0 bp −$280	320.9 bp −$32.1K	doesn't fit
Sell Aster live order book, 43 min ago	3.35 bp	15.1 bp −$15	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	−0.3508%	1h	0.2918	−1.085%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0539% / S +0.0373%	1h	0.2957	+0.247%	$15K	—	100x	as long as short
Pacifica JUP	−0.0335%	1h	0.2950	+0.007%	$281K	$172K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0257%	1h	0.2956	+0.200%	$56K	$14K	10x	as long as short
Kraken Futures PF_JUPUSD	−0.0176%	1h	0.2957	+0.231%	$599K	$619K	20x	as long as short
01 Exchange JUPUSD	−0.0088%	1h	0.2959	+0.312%	$26K	$19K	5x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0002% / S −0.0001%	1h	0.2959	+0.291%	$17K	—	150x	as long as short
Gate JUP_USDT	+0.0008%	4h	0.2954	+0.136%	$735K	$1.9M	75x	as long as short
Bybit JUPUSDT	+0.0049%	4h	0.2949	−0.034%	$16.1M	$23.7M	50x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2957	+0.227%	—	—	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	+0.0066%	8h	0.2950	−0.009%	$9K	$15K	10x	as long as short
dYdX JUP-USD	+0.0068%	1h	0.2953	+0.090%	$39K	$35K	5x	as long as short
Lighter JUP	+0.0096%	1h	0.2954	+0.119%	$792K	$1.3M	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2956	+0.220%	$613K	$673K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2955	+0.175%	$18.9M	$13.9M	10x	as long as short
Aster JUPUSDTshort	+0.0100%	4h	0.2954	+0.149%	$106K	$367K	10x
Binance JUPUSDTlong	+0.0100%	4h	0.2950	long leg	$16.3M	$56.0M	75x
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2950	0.000%	$4.0M	$16.6M	50x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2949	−0.034%	$7.9M	$8.0M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2958	+0.271%	$4.3M	$7.2M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2950	0.000%	$5.7M	$8.4M	75x	as long as short
BingX JUP-USDT	+0.0100%	4h	0.2951	+0.034%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2956	+0.207%	$978K	$260K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2955	+0.175%	$714K	$1.1M	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2957	+0.236%	$1.6M	$4.1M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2959	+0.305%	$157K	$319K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2963	+0.427%	$93K	$136K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2957	+0.237%	$31K	$51K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2951	+0.034%	$111K	$69K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2959	+0.305%	$2.9M	$4.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2957	+0.237%	$57K	$3K	10x	as long as short
Extended JUP-USD	+0.0104%	1h	0.2954	+0.127%	$2.2M	$540K	25x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2955	+0.181%	$40K	—	3x	as long as short
BloFin JUP-USDT	+0.0160%	4h	0.2954	+0.136%	$848K	$328K	50x	as long as short
Phoenix JUP	+0.0190%	1h	0.2960	+0.336%	$95K	$441K	10x	as long as short
Coinbase International JUP-PERP-INTX	+0.0264%	1h	0.2989	+1.339%	$74K	$94K	50x	as long as short