Funding arb · Price arb /

JUP

all JUP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Aster against BingX+0.204%7-day average +0.042% · 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−$42as in the Price arb table

costs, in and out, $10k−$580.579% of the position

Long on BingX Short on Aster

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)+0.154%+$15 · spread now +0.204%, 7d avg +0.042%

Together, before fees+0.150%+ Points / potential airdropAster: Stage 5 · farm board+$15 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 0.162% dearer against BingX than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX JUP-USDT	0.2937	0.0100	pay 0.0050% / 4h	51m 43s	—	$20.7M	—
Short	Aster JUPUSDT	0.2943	0.0100	get 0.0050% / 4h	51m 43s	$114K	$288K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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 BingXbpFee AsterbpOrdersPrice spread, now +0.204%Rate

Funding earned: $0
Price spread: +0.204% → +0.042%: $16.25
Slippage, 4 orders: −$39.89
Fee BingX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$41.64
Costs to cover: 0.579%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; Aster: live order book, 5 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 BingX live order book, 2 min ago	5.09 bp	10.1 bp −$10	13.5 bp −$135	26.8 bp −$2,680	79.8 bp −$39.9K
Sell Aster live order book, 5 min ago	1.69 bp	18.5 bp −$19	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	−0.4661%	1h	0.2910	−0.919%	$3K	$206K	5.5x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0618%	1h	0.2940	+0.114%	$16K	—	100x	as long as short
Pacifica JUP	−0.0125%	1h	0.2937	+0.007%	$280K	$147K	10x	as long as short
Deribit JUP_USDC-PERPETUAL	−0.0124%	1h	0.2940	+0.092%	$54K	$16K	10x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2941	+0.144%	—	—	150x	as long as short
dYdX JUP-USD	+0.0002%	1h	0.2940	+0.085%	$38K	$26K	5x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2939	+0.069%	—	—	20x	as long as short
01 Exchange JUPUSD	+0.0072%	1h	0.2937	−0.017%	$26K	$19K	5x	as long as short
Lighter JUP	+0.0096%	1h	0.2941	+0.133%	$778K	$1.0M	10x	as long as short
Kraken Futures PF_JUPUSD	+0.0096%	1h	0.2940	+0.100%	$588K	$489K	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	+0.0098%	8h	0.2936	−0.033%	$9K	$11K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2938	+0.051%	$593K	$502K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2940	+0.116%	$18.7M	$9.5M	10x	as long as short
Aster JUPUSDTshort	+0.0100%	4h	0.2943	+0.204%	$114K	$288K	10x
Binance JUPUSDT	+0.0100%	4h	0.2938	+0.034%	$16.2M	$42.3M	75x	as long as short
Bybit JUPUSDT	+0.0100%	4h	0.2934	−0.095%	$15.7M	$18.9M	50x	as long as short
OKX JUP-USDT-SWAP	+0.0100%	4h	0.2936	−0.034%	$4.0M	$12.1M	50x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2957	+0.681%	$62K	$8K	10x	as long as short
Gate JUP_USDT	+0.0100%	4h	0.2935	−0.068%	$729K	$1.4M	75x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2937	0.000%	$7.3M	$6.4M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2939	+0.068%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDT	+0.0100%	4h	0.2939	+0.068%	$5.7M	$5.8M	75x	as long as short
BingX JUP-USDTlong	+0.0100%	4h	0.2937	long leg	—	$20.7M	—
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2939	+0.085%	$975K	$245K	10x	as long as short
Variational Omni JUP	+0.0100%	4h	0.2960	+0.784%	$722K	$693K	—	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2955	+0.629%	$1.6M	$3.8M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2945	+0.272%	$156K	$265K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2942	+0.157%	$93K	$104K	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2940	+0.102%	$31K	$42K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2934	−0.102%	$110K	$49K	20x	as long as short
Phemex JUPUSDT	+0.0100%	4h	0.2944	+0.238%	$2.9M	$3.2M	50x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2938	+0.048%	$40K	—	3x	as long as short
Coinbase International JUP-PERP-INTX	+0.0208%	1h	0.2944	+0.242%	$74K	$49K	50x	as long as short
Phoenix JUP	+0.0271%	1h	0.2965	+0.950%	$99K	$304K	10x	as long as short
BloFin JUP-USDT	+0.0340%	4h	0.2945	+0.272%	$844K	$382K	50x	as long as short
Extended JUP-USD	+0.0400%	1h	0.2935	−0.053%	$2.2M	$502K	25x	as long as short