The Right Time to Trade on Jumper and Save on Gas Fees
Octave Mesnard
The most optimized time to swap and bridge using Jumper
When you’re executing transactions onchain, every move comes with a price tag – those are ‘gas fees’ for you.
With activity across the multi-chain ecosystem pickup up pace in the bull market, this gas cost can really jump up significantly at times, especially if you’re swapping or bridging tokens.
While this problem will likely be solved by L2s in the future, it remains a huge blocker for many people’s onchain activities.
Today, I want to share some tips with our users to understand the best times of the week and of the day to conduct onchain transactions, without burning a hole in your pocket.
What are Gas Fees?
Gas fees are charges incurred when conducting transactions or executing contracts on platforms such as Ethereum, Arbitrum, or Base.
They serve as compensation for validators, rewarding them for the computational resources expended in verifying transactions.
What is the Best Time for Bridging and Swapping on Jumper?
We went deep into the data to find useful information for Jumper chads to save them some money. Here’s what we found is the best time to trade on Jumper:
Which day of the week?
TLDR: On the weekend On average, it costs 28% less to execute a swap on Jumper on the weekend than on weekdays.
If you swap on Sunday, it would cost 36% less gas fees than on Wednesday.
Which hour of the day?
TLDR: Between 2 and 7AM UTC.
If you want to swap or bridge, do it preferably between 2 and 7am UTC.
This corresponds to morning in Asia, evening time in the US and middle of the night for Europeans (I hear your pain).
If you can’t swap and bridge at this time, try to avoid the 2 to 6 pm UTC period, as those are the peak hours of onchain activity.
When Do Jumper Users Make Their Moves?
Ever wondered if Jumper users are able to make the most of low gas fas? Well, it turns out they do! On average, Jumper users execute 22% more transactions on weekends than weekdays.
And when you break it down on an hourly basis, most of Jumper activity is concentrated between 7AM and 2PM UTC.
It means that, Jumper users are smart and avoid peak gas activity (between 2 and 6PM UTC)
Summary
We should admit that Jumper users swap and bridge at the right time to optimize gas fees, but it could be improved in the future for the one still executing transaction during peak periods. To conclude, here’s a cool visual for you – the Jumper activity heatmap based on days and hourly activity on a weekly basis:
This snapshot gives a clear overview of when Jumper users are most active and, by the looks of it, when they're saving a bunch on gas fees.
