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 Bitget−0.145%7-day average +0.045% · 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−$81as in the Price arb table

costs, in and out, $10k−$620.615% of the position

Long on Bitget 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)+0.172%+$17 · spread now −0.145%, 7d avg +0.045%

Together, before fees+0.168%+ 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 0.190% cheaper against Bitget than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget JUPUSDT	0.2961	0.0100	pay 0.0050% / 4h	2h 30m	$5.8M	$6.5M	75x
Short	Aster JUPUSDT	0.2957	0.0100	get 0.0050% / 4h	2h 30m	$114K	$320K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now −0.145%Rate

Funding earned: $0
Price spread: −0.145% → +0.045%: −$19
Slippage, 4 orders: −$41.53
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$80.53
Costs to cover: 0.615%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Aster: live order book, 37 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 Bitget live order book, 3 min ago	3.39 bp	12.3 bp −$12	30.5 bp −$305	doesn't fit	doesn't fit
Sell Aster live order book, 37 min ago	3.33 bp	12.9 bp −$13	doesn't fit	doesn't fit	doesn't fit

JUP on 35 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	−0.4347%	1h	0.2901	−2.026%	$3K	$206K	5.5x	as long as short
Pacifica JUP	−0.0353%	1h	0.2953	−0.268%	$281K	$149K	10x	as long as short
GMX JUP/USD [WBTC.b-USDC]	L −0.0275% / S +0.0619%	1h	0.2955	−0.207%	$16K	—	100x	as long as short
Bybit JUPUSDT	−0.0248%	4h	0.2959	−0.068%	$15.9M	$20.3M	50x	as long as short
OKX JUP-USDT-SWAP	−0.0064%	4h	0.2960	−0.034%	$4.1M	$14.5M	50x	as long as short
Kraken Futures PF_JUPUSD	−0.0024%	1h	0.2958	−0.095%	$592K	$526K	20x	as long as short
gTrade (Gains Network) JUP/USD	L +0.0001% / S −0.0001%	1h	0.2955	−0.211%	—	—	150x	as long as short
Gate JUP_USDT	+0.0006%	4h	0.2956	−0.169%	$732K	$1.5M	75x	as long as short
Variational Omni JUP	+0.0009%	4h	0.2947	−0.471%	$720K	$751K	—	as long as short
dYdX JUP-USD	+0.0018%	1h	0.2954	−0.252%	$39K	$29K	5x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit JUP_USDC-PERPETUAL	+0.0021%	1h	0.2957	−0.145%	$54K	$16K	10x	as long as short
Reya JUPRUSDPERP	+0.0057%	1h	0.2954	−0.235%	—	—	20x	as long as short
01 Exchange JUPUSD	+0.0080%	1h	0.2957	−0.125%	$26K	$19K	5x	as long as short
Paradex JUP-USD-PERP	+0.0089%	8h	0.2953	−0.280%	$9K	$11K	10x	as long as short
Lighter JUP	+0.0096%	1h	0.2959	−0.074%	$782K	$1.3M	10x	as long as short
Orderly PERP_JUP_USDC	+0.0100%	4h	0.2955	−0.203%	$31K	$43K	10x	as long as short
Nado JUP-PERP	+0.0100%	1h	0.2953	−0.270%	$600K	$602K	10x	as long as short
Hyperliquid JUP	+0.0100%	1h	0.2962	+0.047%	$18.9M	$11.1M	10x	as long as short
Aster JUPUSDTshort	+0.0100%	4h	0.2957	−0.145%	$114K	$320K	10x
Binance JUPUSDT	+0.0100%	4h	0.2960	−0.032%	$16.4M	$46.6M	75x	as long as short
Bulk JUP-USD	+0.0100%	1h	0.2936	−0.840%	$61K	$8K	10x	as long as short
MEXC JUP_USDT	+0.0100%	4h	0.2961	0.000%	$7.4M	$7.0M	200x	as long as short
KuCoin JUPUSDTM	+0.0100%	4h	0.2960	−0.034%	$4.0M	$6.7M	50x	as long as short
Bitget JUPUSDTlong	+0.0100%	4h	0.2961	long leg	$5.8M	$6.5M	75x
BingX JUP-USDT	+0.0100%	4h	0.2959	−0.068%	—	$20.9M	—	as long as short
Backpack JUP_USDC_PERP	+0.0100%	1h	0.2960	−0.020%	$980K	$236K	10x	as long as short
GRVT JUP_USDT_Perp	+0.0100%	4h	0.2948	−0.438%	$1.6M	$3.9M	10x	as long as short
ApeX Omni JUPUSDT	+0.0100%	1h	0.2948	−0.439%	$157K	$302K	50x	as long as short
Polymarket Perps JUP-USD	+0.0100%	1h	0.2958	−0.115%	$94K	$110K	10x	as long as short
HTX JUP-USDT	+0.0100%	4h	0.2947	−0.473%	$111K	$49K	20x	as long as short
Aevo JUP-PERP	+0.0104%	1h	0.2954	−0.220%	$40K	—	3x	as long as short
Phoenix JUP	+0.0188%	1h	0.2952	−0.314%	$97K	$402K	10x	as long as short
Phemex JUPUSDT	+0.0271%	4h	0.2960	−0.034%	$2.9M	$3.6M	50x	as long as short
Coinbase International JUP-PERP-INTX	+0.0272%	1h	0.2955	−0.213%	$74K	$52K	50x	as long as short
Extended JUP-USD	+0.0312%	1h	0.2960	−0.019%	$2.2M	$486K	25x	as long as short